Direxion Shares ETF Trust, Direxion Funds (the “Funds”), and Rafferty Asset Management, LLC (collectively, “Direxion”) are committed to maintaining the highest standards of confidentiality and respect for privacy of your personal information. We recognize that you have entrusted us with non-public personal and financial information in the course of doing business, and understand that protecting and safeguarding this information is important.
Information Direxion Collects About You
Direxion collects non-public personal information from various sources. This includes account applications that are required to open and service any investments, included in Fund accounts, and information gathered when you request information or materials from Direxion. The information collected from you or your representative includes items such as your address, phone number, and social security number. Direxion may also receive information regarding your investment transactions, account balances, and correspondence between you and Direxion or third parties, such as the third party service providers. This information is used to process transactions, respond to inquiries from you, deliver reports, products and services, and fulfill legal and regulatory requirements.
How Your Personal Information is Safeguarded?
Direxion does not disclose or sell any non-public personal or financial information about you, except (1) to our affiliated entities and third-party service providers who assist in operating our business, such as financial intermediaries, custodians, transfer agents, marketing consultants, outside accountants, and external legal counsel; (2) as required by law, regulation, or court order; (3) at your request; or (4) with your consent. Sharing information with certain third parties who are not affiliated with Direxion that maintain or service customer accounts is essential. Direxion may also share information with companies that perform administrative services, such as printing and mailing Fund documents, or marketing services for the Funds, including research firms. When Direxion enters into such relationships with third parties, the use of customers’ information is restricted and they are prohibited from sharing customer information or using it for any purposes other than those that they were hired. Direxion also restricts access to such information to those employees, agents, or other parties who need to know the information in order to service your accounts or investments. These persons and entities are contractually bound to use that information only for the services for which we hired them. They are not permitted to use or share your non-public personal or financial information for any other purpose. There also may be times when we provide your information to federal, state, or local authorities or other regulatory agencies, such as the Securities and Exchange Commission or the National Futures Association as required by applicable law, regulation, or court order.
For questions about this Legal Notice, please contact us at (800) 851-0511.