Effective Date: March 25, 2024
This Privacy Notice describes the data protection practices applicable to:
The controllers of personal data collected and processed via our websites are: (i) Guggenheim Services, LLC, whose principal office is located at 227 West Monroe Street Chicago, IL 60606 ("Guggenheim Services") (ii) Guggenheim Securities, LLC, whose principal office is located at 330 Madison Avenue, New York, New York 10017 ("Guggenheim Securities"); and (iii) Guggenheim Securities International Limited, whose registered office is located at 11 Hanover St, London W1S 1HD, United Kingdom ("GSIL"); and Guggenheim Securities Europe Limited whose registered office is located at 7/8 Upper Mount Street, Dublin, D02YY71, Ireland.("GSEL").
The controller of personal data provided to Guggenheim Securities by current or prospective clients, investors or counter-parties is Guggenheim Securities.
Depending on your location and the nature of your interactions with members of the Guggenheim group, other members of the corporate group may act as data controllers in respect of your personal data (either in addition to or instead of the aforementioned entities). Please contact us if you would like further information about the members of the Guggenheim corporate group that act as data controllers in respect of your personal data. In this Privacy Notice, "Guggenheim", "we", "us" and "our" include such members of the Guggenheim corporate group.
We may obtain information about you through the means listed below. Please note that we may need certain types of information so that we can provide certain services to you (including full use of our websites). If you do not provide us with such information, or ask us to delete it, we may be unable to provide you with such services and you may no longer be able to access or use certain parts of our websites.
1. Information You Provide to Us
If you provide us with your personal information (whether through our websites or otherwise), we will collect that information. This could include identifying contact information, such as your name and email address, as well as any other information you choose to provide when you contact us.
We use individual contact information for our business purposes, including to:
2. Information We Collect Through Automated Means
When you use our websites, we and our service providers (which are third party companies that work on our behalf), may use a variety of technologies, including cookies and similar tools, to assist in collecting certain network activity and device usage information about you through automated means. Where required by applicable laws, we seek your consent to collect your personal information through automated means.
We do not use your personal data for the purposes of automated decision making.
Websites. When you use our websites, we may collect and analyze information network activity and device usage information, such as your IP address, browser types, browser language, operating system, the state or country from which you accessed the websites, software and hardware attributes (including device IDs) referring and exit pages and URLs, platform type, the number of clicks, files you download, domain names, landing pages, pages viewed and the order of those pages, the amount of time spent on particular pages, the terms you use in searches on our websites, the date and time you used the websites and upload or post content, error logs, and other similar information.
We and our service providers may use network and device usage information for our or our service providers' business and operational purposes, including to:
Location Information. When you use our websites, we and our service providers may automatically collect general location information (e.g., IP address, city/state and or postal code associated with an IP address) from your computer or mobile device.
We and our service providers may use location information for our or our service providers’ business and operational purposes, including to:
3. Information We Collect from Others
We may receive additional information such as demographic and statistical information from third parties, such as business partners, marketers, researchers, analysts, social media platforms and other parties that we may attribute to you based on your assignment to certain statistical groups. We and our service providers may use this information for our and our service providers’ business and operational purposes, including to supplement the information that we collect directly from you in order to derive your possible interests and to provide more relevant experiences for you and improve our products, analytics, advertising, and products.
4. Guggenheim Securities Clients, Investors and Counter-Parties
This section applies to personal data collected from current or prospective clients, investors or counter-parties.
If you are a current or prospective client (a "Client”) of Guggenheim Securities, we may collect identifying contact information from you such as your name, residential address, place of business, email address, place of birth, telephone number, copies of photo identification (e.g., passports, driver’s license, etc.) social security or other tax identification number, account details and numbers, specimen signature, criminal history, assets, employment and education history, source of wealth, transactions, investment activity. Much of this information is collected when you: (i) provide it to us in correspondence and conversations with Guggenheim Securities representatives; or (ii) otherwise transact with us, such as when you become a client, tell us where to send money or make a wire transfer. We may also collect your personal data from other sources, such as investor databases, clearinghouses, data brokers, fraud databases, social media platforms, financial statements, investor presentations, due diligence questionnaires, offering memoranda, private placement memoranda, research vendors, other websites, our affiliates or other companies and other publicly available sources such as company websites. We may combine the personal data we receive from these other sources with the personal data that we collect from you.
Guggenheim and our service providers may use this information collected from Guggenheim Securities Clients for our and our service providers’ business purposes, including to:
Guggenheim Securities may process personal data that it collects from current or prospective clients, investors or counter-parties for the following purposes: (a) to provide its services (including conducting any “know your customer” (KYC) required by law), and to fulfil obligations arising from its agreements with the client, investor or counter-party (as applicable); (b) for internal analysis and research to facilitate the provision of its services to the client, investor or counter-party (as applicable); (c) to comply with reporting, legal and/or regulatory requirements; and (d) where applicable, to offer the client, investor or counter-party (as applicable) additional investment products or services (except where Guggenheim Securities has been asked not to).
Before providing personal data to Guggenheim Securities relating to the its directors, employees, officers or agents, the client, investor or counter-party will ensure that: (i) those individuals understand that it will be providing their personal data to Guggenheim Securities or its affiliates; (ii) those individuals have been provided with information regarding the collection, use, processing, disclosure and overseas transfer of their personal data; (iii) it has a lawful basis (in accordance with applicable data protection laws) to provide such personal data to Guggenheim Securities; and (iv) those individuals are aware of their data protection rights and how to exercise them.
The legal bases for using your information as set out in this Privacy Notice are as follows:
To collect the information in the “Information We Collect Through Automated Means” section above, we and our service providers may use Internet server logs, cookies, tracking pixels, and other similar tracking technologies. Where required by applicable laws, we seek your consent to collect your personal information through such logs, cookies, pixels and/or other tracking technologies (and shall not use such technologies unless your consent is given). We use these technologies in order to offer you a more tailored experience in the future, by understanding and remembering your particular browsing preferences.
www.guggenheimsecurities.com and www.guggenheimpartners.com both use the following cookies:
The Google Analytics cookie expires 2 years from the session start and the Microsoft Application Insights cookie expires 365 days from session start. Cookies are small text files that are placed on your computer or mobile device when you visit a website, that enable us to: (i) recognize your computer; (ii) store your preferences and settings; (iii) understand the pages of the websites you have visited; (iv) enhance your user experience by delivering and measuring the effectiveness of content; (v) perform searches and analytics; and (vi) assist with security and administrative functions. Some cookies are placed in your browser cache while those associated with Flash technologies may be stored with your Adobe Flash Player files.
As we adopt additional technologies, we may also gather information through other methods.
Please note that you can change your settings to notify you when a cookie is being set or updated, or to block cookies altogether. Please consult the “Help” section of your browser for more information (e.g., Internet Explorer; Google Chrome; Mozilla Firefox; or Apple Safari). You can also manage the use of Flash technologies, including flash cookies and local storage objects with the Flash management tools available at Adobe's website. Please note that by blocking, disabling, or managing any or all cookies, you may not have access to certain features or offerings of our websites.
1. Analytics
We may use third-party web analytics services (such as those of Google Analytics) on our websites to collect and analyze usage information through cookies and similar tools; engage in auditing, research, or reporting; assist with fraud prevention; and provide certain features to you. To prevent Google Analytics from using your information for analytics, you may install the Google Analytics Opt-out Browser Add-on by clicking here.
If you receive an email from us we may use certain analytics tools, such as clear GIFs to capture data such as when you open our message or click on any links or banners our email contains. This data allows us to gauge the effectiveness of our communications and marketing campaigns.
2. Marketing
Our websites may integrate third-party marketing technologies that allow for the delivery of relevant marketing content to visitors to our websites and recipients of our emails. This content may be based on various factors such as the content of the page you are visiting, your searches, demographic data, user-generated content, interaction with email newsletters you receive, and other information we collect from you.
To provide the marketing content discussed above, third parties may place cookies or other tracking technologies on your computer, mobile phone, or other device.
We neither have access to, nor does this Privacy Notice govern, the use of cookies or other tracking technologies that may be placed on your device you use to access our websites by third parties that are not affiliated with us. If you are interested in more information about how you can generally control cookies from being put on your device, you may visit the Network Advertising Initiative’s Consumer Opt-Out link, the Digital Advertising Alliance’s Consumer Opt-Out link, or if you are resident of an EU Member State, Your Online Choices to opt-out of certain tracking cookies being put on your device. We do not control these opt-out links or whether any particular company chooses to participate in these opt-out programs. We are not responsible for any choices you make using these mechanisms or the continued availability or accuracy of these mechanisms.
Disclosure of Data: Guggenheim may share the information we collect as described above in the following ways:
Combined Information: For the purposes discussed in this Privacy Notice, we may combine the information that we collect through our websites with information that we receive from other sources, both online and offline, and use such combined information in accordance with this Privacy Notice.
Aggregate/Anonymous/Deidentified Data: We may aggregate, anonymize and/or deidentify any personal data we hold so that such information can no longer be linked to you or your device (“Aggregate/Anonymous/Deidentified Information”). We may use Aggregate/Anonymous/Deidentified Information for any purpose, including without limitation for research and marketing purposes, and may also share such data with any third parties, including advertisers, promotional partners, and sponsors. For the avoidance of doubt, to the extent any Aggregate/Anonymous/Deidentified Information is not fully anonymized, such information shall still be your personal data and shall be processed by us in accordance with this Privacy Notice.
We keep the information we collect for no longer than necessary for the purposes for which it is processed. The length of time for which we retain information depends on the purposes for which we collected and use it and/or as required to comply with applicable laws.
You have certain rights with respect to your information as further described in this section.
1. Legal rights for users who are located in the European Union or United Kingdom
If you are located in the EU or the UK, you have the right to request that we:
You also have the right to object to our processing of your personal data in certain circumstances.
If you would like to exercise your rights (or would like further information about your rights), please contact us via email at CorporateDataPrivacy@guggenheimpartners.com
We will consider all requests and provide our response within the time period stated by applicable law. Please note, however, that certain information may be exempt from such requests in some circumstances, which may include if we need to keep processing your information for our legitimate interests or to comply with a legal obligation. We may request you provide us with information necessary to confirm your identity before responding to your request.
You have the right to make a complaint to:
2. Marketing Communications and Sharing for All Users
You may instruct us not to use your contact information to contact you by email, postal mail, or phone regarding products, services, promotions and special events that might appeal to your interests by contacting us using the information below. In commercial email messages, you can also opt out by following the instructions located at the bottom of such emails. Please note that, regardless of your request, we may still use and share certain information as set out in this Privacy Notice and as permitted by applicable law. For example, you may not opt out of certain operational emails, such as those reflecting our relationship or transactions with you, or important notifications.
Our websites contain links to third-party websites such as social media sites. If you choose to use these sites or features, you may disclose your information not just to those third-parties, but also to their users and the public more generally depending on how their services function. We are not responsible for the content or practices of those websites or services. The collection, use, and disclosure of your information will be subject to the privacy policies of the third party websites or services, and not this Privacy Notice. We urge you to read the privacy and security policies of these third-parties.
Our websites are intended for general audiences and not for children under the age of 18. If we become aware that we have inadvertently collected “personal information” (as defined by the United States Children’s Online Privacy Protection Act) from children under the age of 13 without valid parental consent, or from children under the age of 18, we will take reasonable steps to delete it as soon as possible. We do not knowingly process data of EU or UK residents under the age of 18 without parental consent. If we become aware that we have collected data from an EU or UK resident under the age of 18 without parental consent, we will take reasonable steps to delete it as soon as possible. We also comply with other age restrictions and requirements in accordance with applicable local laws.
Your information will be processed for the purposes described herein. As described above, we also may subcontract the processing of your data to, or otherwise share your data with, other members within the Guggenheim family of companies, service providers, and business partners in other countries (including countries outside of the United States, the UK and the EEA), in accordance with applicable law. Such third parties may be engaged in, among other things, the provision of the website to you and the provision of support services. By providing us with your information, you acknowledge any such transfer, storage or use.
If we provide any information about you to third party information processors, we will take appropriate measures to ensure such companies protect your information adequately and in accordance with applicable law. These measures may include entering into an appropriate data transfer mechanism in accordance with EU, UK and/or other data protection laws to govern the transfers of such data (such as adequacy decisions granted by, and standard data protection clauses adopted by, the EU Commission and/or the UK's Information Commissioner's Office). For more information about these transfer mechanisms, please contact us as detailed in the “Contact Information” section below.
Guggenheim takes technical and organizational security measures to protect the information provided via the websites from loss, misuse, and unauthorized access, disclosure, alteration, or destruction. However, no Internet or email transmission is ever fully secure or error free. Please keep this in mind when disclosing any information to Guggenheim via the Internet.
If you are a California resident, California law requires us to provide you with some additional information regarding how we collect, use, and share your “personal information” (as defined in the California Consumer Privacy Act (“CCPA”)). We describe the categories of information we collect, our business purposes for collecting such information, the sources and uses of such information and the entities to which we share such information in the INFORMATION WE COLLECT AND HOW WE USE IT and the HOW WE SHARE AND DISCLOSE YOUR INFORMATION sections of this Privacy Notice.
CCPA Rights. California residents can make certain requests about their personal information under the CCPA. Specifically, if you are a California resident, you may request that we:
California residents can also designate an authorized agent to make such requests on their behalf.
The CCPA further provides you with the right to not be discriminated against (as provided for in applicable law) for exercising your rights.
Please note that certain information may be exempt from such requests under California law, such as business contact information. In addition, we need certain information in order to provide the websites to you.
We will take reasonable steps to verify your identity before responding to a request. If you would like further information regarding your legal rights under California law or would like to exercise any of them, please contact us via email at GSdataprivacy@guggenheimpartners.com, or by calling 1-888-293-7342, or by clicking here.
Sale or Sharing of personal information. California privacy law sets forth certain obligations for businesses that “sell” personal information. Pursuant to the definition of “sell” or “share” under the CCPA and current guidance, we do not engage in such activity and have not engaged in such activity in the past twelve months, including for minors under 16 years of age without affirmative authorization.
Shine the Light Disclosure. The California “Shine the Light” law gives residents of California the right under certain circumstances to request information from us regarding the manner in which we share certain categories of personal information (as defined in the Shine the Light law) with third parties for their direct marketing purposes. We do not share your personal information with third parties for their own direct marketing purposes.
Privacy Information for Nevada Residents
Under Nevada law, certain Nevada consumers may opt out of the sale of “covered information” for monetary consideration (as such terms are defined under Nevada law) to a person for that person to license or sell such information to additional persons. We do not engage in such activity; however, if you are a Nevada resident and you have purchased services from us, you may submit a request to opt out of any potential future sales under Nevada law by email to corporatedataprivacy@guggenheimpartners.com. Please note we may take reasonable steps to verify your identity and the authenticity of the request. Once verified, we will maintain your request in the event our practices change.
We reserve the right to amend this Privacy Notice at any time to reflect changes in the law, our data collection and use practices, the features of our websites, or advances in technology. We will make the revised Privacy Notice accessible through the websites, so you should review the Privacy Notice periodically. You can know if the Privacy Notice has changed since the last time you reviewed it by checking the “Effective Date” included at the beginning of the document. If we make a material change to the Policy, you will be provided with appropriate notice in accordance with legal requirements. By continuing to use the websites, you are confirming that you have read and understood the latest version of this Privacy Notice.
Please feel free to contact us if you have any questions about this Privacy Notice or our information practices. You can reach us via email at CorporateDataPrivacy@guggenheimpartners.com.