Data collection
The personal data provided by the client to the Company and in the documentation that arises as a result of opening or maintaining an account with the Company will be used by the Company for the following purposes
(a) activities related to the processing of the client's application for opening and maintaining an account, including but not limited to conducting credit checks through credit agencies both in Bulgaria and abroad, or processing the client's application for credit or margin services provision by the Company, or maintaining and reviewing such credit or margin services (if applicable);
(b) activities related to the purchase, sale, investment, exchange, acquisition, retention, disposal, and general management of all types of securities on behalf of the client;
(c) maintaining data and information in accordance with the regulations and bylaws that are adopted and in force in Bulgaria related to securities business and transactions, as well as in accordance with the codes and regulations of the respective regulators, and the rules and regulations of any exchange and clearinghouse.
Obligation to provide personal data.
2.1 The client is obliged to provide the personal data required by the Company. If the client does not provide the necessary personal data, the Company may refuse to open or maintain the account or provide services to the client
2.2 When providing personal data to the Company, please ensure that the data is accurate, taking into account the client's legal obligations.
Disclosure of information.
3.1 The Company may, at its discretion, disclose to its agents or nominees, associated persons, individuals or entities engaged in securities, futures, and options, information that is necessary for the operation of the client's account or the execution of the client's orders related to the activities described in 1(b) above.
3.2 In accordance with any laws and regulations adopted and in force in Bulgaria related to securities business and transactions, and in accordance with SFC codes, the rules and regulations of the exchange and clearinghouse, the personal data provided by the client may be disclosed to the exchange and clearinghouse, as well as to any financial regulators, governmental bodies, and other regulatory authorities, individuals, or entities entitled to such information as provided by law.
3.3 The Company is authorized to use the information provided in relation to the account for marketing purposes, including the exchange of non-financial information with selected business partners. If the account is in default, the Company is authorized to disclose account information to third parties engaged in debt collection. The Company is authorized to disclose account information to potential buyers for the purpose of conducting due diligence in connection with a merger or acquisition.
Access to personal data.
In accordance with the law, the client may request access to the personal data provided and may ask the Company to correct any inaccuracies. The Company has the right to charge a reasonable fee for processing any data access request.