• Those of our employees and affiliates who need to know that information in order to provide the products and services you receive from us.
• Those unaffiliated third parties whose access to such information is permitted or required by law and who need to know that information in order to assist us in providing you with the products and services you receive from us.
• Those unaffiliated third parties whose access to such information is necessary in order for Man to engage in joint marketing efforts with such unaffiliated third parties.

To protect the security of Personal Information, we maintain physical, electronic, and procedural safeguards that comply with federal standards for guarding the information we collect about you (see MERCURY CAPITAL MANAGEMENT'S SECURITY TECHNOLOGY, above).

Information We Collect:

In providing you with financial products and services, or information about such services, Mercury Capital Management may collect the following types of Personal Information:

• Information we receive from your Introducing Broker (if applicable) or from you on account applications, whether written or electronic, or on other forms (including on-line forms). This information would include your name, address, social security number, income, investment experience, and so forth.
• Information about your transactions with us, our affiliates, or others. This information could include your trading through us, our affiliates and others, your history of meeting margin calls, and your use of the various products and services that we and our affiliates provide.
• Information about your creditworthiness, credit history, and other information about you that we receive from consumer reporting agencies, our affiliates, your Introducing Broker (if applicable), or providers of other demographic information, such as your purchasing or investment preferences.
• Information about you obtained in connection with our efforts to protect against fraud or unauthorized use of your account(s) with us.

Information We Disclose:

Mercury Capital Management may disclose to unaffiliated third parties with which Man is engaged in a joint marketing arrangement Personal Information such as:

• Information we receive from your Introducing Broker or from you on account applications, whether written or electronic, or on other forms. This information would include your name, address, social security number, income, investment experience, and so forth.
• Information about your transactions with us, our affiliates, or others. This information could include your trading through us, our affiliates and others, your history of meeting margin calls, and your use of the various products and services that we and our affiliates provide.

Categories of Parties to Which We May Disclose:

Mercury Capital Management may disclose the types of Personal Information listed above (see INFORMATION WE COLLECT) to the following types of third parties:

• Companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements to sell Man products or services.
• Financial service providers, such as introducing brokers, broker-dealers, futures commission merchants, investment companies, investment advisers, commodity trading advisors, and commodity pool operators.
• Publishers and other direct marketers of products related to the financial services industry, such as newsletter or book publishers and software or trading system developers.
• We may also disclose Personal Information to other nonaffiliated third parties as permitted or required by law, such as in response to a subpoena or legal process or in order to complete a transaction which you initiated and authorized.

Website Privacy Statement Updates:

Mercury Capital Management may, from time to time, make changes to this Website Privacy Statement. We recommend that frequent visitors to our websites reread this Website Privacy Statement periodically to learn of any updates and changes we have made to this Statement. Should you become a Mercury Capital Management client by obtaining a user ID and password and completing new account forms on-line, we will notify you of any changes we make to this Statement in the following manner. The first time you log on one of our websites after we have modified our Website Privacy Statement, we will require you to click-through our revised Statement. You will not be able to access your account information or place an order until you agree to the terms of the revised Statement.
 
Joint Account/Partnership Procedures:

If you have a Mercury Capital Management account, and your account(s) with us is for joint tenants with rights of survivorship, tenants in common, or a general partnership, any one party to the account may elect to opt out for the account. That opt out election will bind all parties to the account.

Online Services:

If you register for our online products or services, we retain your user ID and password and other information about your use of our websites in order that we may recognize you as a registered user. We may obtain your e-mail address from you or from another source. We may send you e-mail offers for our and our affiliates' products and services. We may also send you e-mails for third party products and services we think may be of interest to you. All e-mail offers we send to you include an opportunity to opt out from future e-mail offers.

If you opt out from receiving e-mail offers, we may still send (via e-mail or otherwise) important information about your account(s) with us (if applicable) and our products and services.