Legal Disclosures

Cohen & Company Inc. (“Cohen & Company”) is a financial services company specializing in the fixed income markets.  In the U.S., Cohen & Company provides fixed income sales and trading services, matched book repo financing and new issue placements in corporate and securitized products, through J.V.B. Financial Group, LLC.  In Europe, Cohen & Company provides fixed income sales and trading services, new issue placements in corporate and securitized products and advisory services, through Cohen & Company Financial Limited.  Cohen & Company also manages assets through collateralized debt obligations, managed accounts, and investment funds in the U.S. through Cohen & Company Financial Management, LLC and Dekania Capital Management, LLC, and in Europe though Cohen & Company Financial Limited.

J.V.B. Financial Group, LLC (“JVB”) is an affiliated company and subsidiary of Cohen & Company and is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).  Cohen & Company Financial Management, LLC, and Dekania Capital Management, LLC, are affiliated companies and subsidiaries of Cohen & Company and are registered as investment advisors with the U.S. Securities and Exchange Commission.  Cohen & Company Financial Limited is an affiliated company and subsidiary of Cohen & Company and is regulated by the Financial Conduct Authority in the United Kingdom.

Password Registration and Protection

Parts of this Cohen & Company website are restricted and require a user identification code and a user password for access.  Unauthorized use of such parts of this website is strictly prohibited.  Actual or attempted unauthorized use of or access to such areas may result in criminal and/or civil prosecution.  If you are not an authorized user of such areas or do not consent to continued monitoring, you should not attempt to access such areas.

Best Execution

Cohen & Company’s broker dealer subsidiary, J.V.B. Financial Group, LLC (“JVB”), seeks to execute its customers’ orders at the most favorable terms reasonably available under prevailing market conditions.  JVB is responsible for overseeing the selection of the best market for each trade and for ensuring that the customer receives the best process.  JVB conducts reviews to ensure that customers are getting the best execution on trades.

Privacy Notice

Like most industries today, the financial services industry is rapidly being shaped by technology, which is changing the way we do business.  To be successful in this environment, it is essential that we use technology to manage and maintain certain non-public personal information.

At Cohen & Company, we provide a broad range of products and services through various sources.  To deliver these products and services as effectively and conveniently as possible, it is essential that we use technology to manage and maintain certain information.  We maintain physical, electronic and procedural safeguards to protect all non-public personal information received.

We want to assure you that whenever your information is used, it is done with discretion.  The safeguarding of non-public personal information is an issue we take seriously at Cohen & Company.  To affirm our continuing commitment to the proper use of non-public personal information, we have set forth the following privacy policies.  It is these privacy policies that guide us in serving the privacy needs of those with whom we do business.

Recognition of an Expectation of Privacy

At Cohen & Company, we believe the confidentiality and protection of non-public personal information is one of our fundamental responsibilities and while information is critical to providing quality service, we recognize that one of our most important assets is the trust of those with whom we do business.  The safekeeping of non-public personal information is a priority for Cohen & Company.  Thus, your privacy and information is not for sale.  Under no circumstances whatsoever will Cohen & Company sell your personal information to anyone, for any reason, at any time.

Use, Collection, and Retention of Information

Cohen & Company limits the use, collection, and retention of non-public personal information to what we believe is necessary or useful to conduct our business, provide quality service, and offer certain products and services.

Maintenance of Accurate Information

Cohen & Company recognizes that it must maintain accurate records.  Therefore, we have established procedures to maintain the accuracy of information and to keep such information current and complete.  These procedures include responding to requests to correct inaccurate information in a timely manner.

Limiting Employee Access to Information

At Cohen & Company, we take precautions to ensure the information we collect about you is protected and is accessed only by authorized individuals or organizations.  We restrict access to non-public personal information by our employees and agents.  Employee access to personally identifiable information is limited to those with a business reason to know such information.  Employees are trained and educated on the importance of maintaining the confidentiality of non-public personal information and on these privacy policies.  Because of the importance of these issues, all Cohen & Company employees are responsible for maintaining the confidentiality of non-public personal information and employees who violate these privacy policies will be subject to appropriate disciplinary measures.

Protection of Information via Established Security Procedures

Cohen & Company recognizes that a fundamental element of maintaining effective privacy procedures is to provide reasonable protection against the unauthorized access to non-public personal information.  Therefore, Cohen & Company has established appropriate security standards and procedures to guard access to non-public personal information.

JVB Disclosure of Privacy Policies

JVB recognizes and respects the privacy expectations of our customers.  We want our customers to understand our commitment to privacy in our use of customer information. As a result of our commitment, we have developed JVB’s Privacy Policy Statement, which is made readily available to our customers.  Customers who would like to receive a copy of our Privacy Policy Statement, have questions about the Privacy Policy Statement or have questions about the privacy of their non-public personal information should contact their JVB Representative or JVB’s Compliance Department at compliance@jvbfinancial.com or (561) 416-5876.

These Privacy Policies apply to individuals, and we reserve the right to change these Privacy Policies, and any of the policies or procedures described above, at any time without prior notice.  These Privacy Policies are for general guidance and do not constitute a contract or create legal rights and do not modify or amend any agreements we have with those with whom we do business.

PATRIOT Act

In accordance with the USA PATRIOT Act and other regulations applicable to it, Cohen & Company advises users of its website that it will fully comply with any and all regulations which may be promulgated by the U.S. Treasury Department under the USA PATRIOT Act, including those that encourage financial institutions to share information with regulatory agencies and law enforcement about individuals or organizations that may be “reasonably suspected based on credible evidence” of engaging in terrorist acts or money laundering.  Accordingly, any information provided to Cohen & Company may be provided to regulatory, government or law enforcement agencies if requested or if deemed appropriate by Cohen & Company.

Securities Investor Protection Corporation (SIPC)

J.V.B. Financial Group, LLC is a member of SIPC.  For more information or to obtain a brochure about this program, please go online to http://www.sipc.org/.  Alternatively, SIPC can be reached by phone at (202) 371-8300, by fax at (202) 371-6728, by email at asksipc@sipc.org, or by mail at Securities Investor Protection Corporation, 805 15th Street, N.W., Suite 800, Washington, DC 20005-2215.

Contact Us

If you have any questions about our practices with respect to any matter set forth in these Disclosures, you may contact us as follows:

Cohen & Company                                                                J.V.B. Financial Group, LLC
Attention: Investor Relations                                             1825 NW Corporate Blvd, Suite 100
2929 Arch Street, 17th Floor                                              Boca Raton, FL 33431
Philadelphia, PA 19104-2870                                              (561) 416-5876
(215) 701-8952

investorrelations@cohenandcompany.com