Collins Bay Island Securities, LLC is responsible for creating and maintaining a business continuity plan in accordance with FINRA rules and regulations. In the event of a business disruption, Collins BIS has plans to allow it to continue operations of critical business functions. This would be accomplished in part by:
  • Relocating impacted business to designated recovery locations;
  • Using alternative communications and computer capabilities;
  • Enlisting technical service providers to assist in storing and recovering vital data;
  • Maintaining off-site storage of critical information and off-site server capabilities.
Collins BIS anticipates recovery time would be 24-48 hours. Its business recovery plan is in line with "best practices" within the industry. Questions may be directed to