FACTS
What Does Development Corporation for Israel/Israel Bonds Do With Your Personal Information?
WHY
At Development Corporation for Israel/Israel Bonds, your privacy is important to us. Therefore, we want you to understand how
we collect and use the information you have provided and the steps we take to maintain the confidentiality, integrity and security
of your personal information. We may use personal information about you to service, maintain, and protect your account;
process transactions in your account; respond to inquiries from you or your authorized representatives; develop, offer, and
deliver products, market our services; or to fulfill legal and regulatory requirements.
WHAT
We collect nonpublic personal information about you from the following sources:
- Information, including sensitive personal information, we receive from you on customer information forms, investment forms, other account opening documents,
transaction-related documents or in the course of doing business with you (ex. name, address, signature, email address, social
security number, driver license or passport number, date of birth, financial information, education, employment information, and
financial account details that allow access to your online account, such as a user name or access code)
- Information about your transactions with us (ex. investment and payment history)
- Demographic information based on your affiliation with community and/or professional organizations (ex. religious affiliation, synagogue and
employment information)
- Information we obtain from third-party sources, including those that use automated decision making technologies, to verify your identity and to
perform anti-money laundering reviews as required by law
- Information we receive based on your participation in Israel Bonds events and conferences, delegations (ex. passport and credit card numbers)
or health information you provide to us in connection with attendance at an event or a delegation. (i.e. allergies, medications)
- Information from web analytics services, including unique client identifier numbers which track and report website and/or app traffic
or usage and use cookies and other analytics to help us create more targeted marketing to you.
- Web browsing history relating to visits to Development Corporation for Israel/Israel Bonds’ website
- Information provided to us by the State of Israel’s fiscal agent regarding Israel bonds holders and holdings
- Inferences we make about you based upon the information you provide to us or information detected through the senses (i.e.
information about someone’s height or eye color or ethnic origin)
We may verify this information with consumer reporting agencies or other sources and add the information received to our
account information about you.
HOW
All broker/dealers need to share customers’ personal information to run their everyday business. In the section below, we list the
reasons broker/dealers can share their customers’ personal information, the reasons Development Corporation for Israel/Israel
Bonds chooses to share, and whether you can limit this sharing.
Reasons We Can Share Your Personal Information: We do not disclose any nonpublic personal information about our customers
or former customers to anyone, except as permitted by law. We restrict access to nonpublic personal information to employees,
consultants, service providers, contractors or other third-parties, companies affiliated by common ownership or control, the State of Israel and the State of Israel’s
fiscal agent all of whom need to know the information for business purposes so that we can provide products and services and process transactions on behalf of
our customers, government agencies, regulatory bodies and law enforcement officials and other organizations as permitted or
required by law (i.e. in response to a lawful subpoena). Development Corporation for Israel/Israel Bonds does not share or sell personal
information about customers or former customers with any unaffiliated third parties for use in marketing the third parties’ products
and services.
REASONS WE CAN SHARE YOUR PERSONAL INFORMATION
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DOES DEVELOPMENT CORPORATION FOR ISRAEL SHARE?
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CAN YOU LIMIT SHARING?
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For our everyday business purposes such as to process transactions, maintain your account(s), or respond to court orders and legal investigations.
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Yes
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No
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For our marketing purposes to offer our products and services to you
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Yes
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Yes
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For joint marketing with other financial companies
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No
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We do not share
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For the everyday business purposes of companies affiliated by common ownership or control - information about your transactions and experiences
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Yes
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No
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For the everyday business purposes of companies affiliated by common ownership or control - information about your creditworthiness
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No (we do not collect this information)
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We do not share
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For nonaffiliates to market to you
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No
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We do not share
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QUESTIONS
Should you have any questions, please contact client.support@israelbonds.com or 1.888.519.4111
CALIFORNIA RESIDENTS - Pursuant to the California Privacy Rights Acts (CPRA), California residents may request that we provide
to you certain categories and specific pieces of personal information that we have collected or disclosed about you in the prior
12 months as well as the sources of such information. You have the right to request the deletion of some of the personal information
that we possess about you. You also have the right to request that we correct any incorrect information we have about you, and to
request that we limit the use, disclosure and/or sharing of the sensitive information we have about you in certain instances. You
may also request information about the automated decision making technology we use in the account-opening process based on your
personal information and the significance and consequences to you of the use of such technology and request to opt out of its usage.
DCI will retain the categories of personal information described in this policy pursuant to our record retention policy or as
required by law or regulation. The standards DCI uses to determine the retention period include: the time required to retain
personal data to fulfill business purposes, including providing products and services; maintaining corresponding transaction and
business records; handling possible inquiries or complaints, and laws, regulations, contracts and other equivalencies have special
requirements for data retention.
You may designate in writing, directed to client.support@israelbonds.com or to Development Corporation for Israel, Attn: Customer
Service, P.O. Box 5263, New York, NY 10150-5263, the nature of your CPRA request and/or the name and contact
information of an authorized agent who is designated to make the CPRA requests referenced above on your behalf. You may also call
the customer service telephone number at 1.888.519.4111 to initiate a request. In your request, detail the specific right you wish
to exercise under the CPRA. We will contact you to verify the agent designation, request documentation to verify your identity and
to request additional clarification regarding your request, if needed.
The information that Development Corporation for Israel/Israel Bonds is required to provide in response to such requests, as well as
the ability to delete personal information from our records or limit the sharing of personal information is limited by applicable
laws, rules and regulations, including Securities and Exchange Commission (“SEC”) and Financial Industry Regulatory Authority
(“FINRA”) rules that require us to maintain identifying and purchase-related information about our clients as well as by our need to
retain or disclose this information to provide requested services to you. For example, bond-purchase related information, bond
holdings, identifying information we obtained from you as part of the account-opening process and information we obtained for Know
Your Customer or anti-money laundering purposes may not be subject to CPRA requests for deletion or limits on usage or sharing. DCI
shall not discriminate against any California resident who exercises his or her rights under the CPRA.
WHO WE ARE
Who is providing this notice? Development Corporation for Israel (“DCI”), commonly known as Israel Bonds, is a broker dealer that sells securities issued by the State of Israel in the United States.
WHAT WE DO
How does DCI protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secure files. Why can’t I limit sharing? Federal law only gives you the right to limit:
- the sharing of information about your creditworthiness with affiliated entities for their everyday business purposes
- the sharing of your information with affiliates for use in marketing to you
- the sharing of your information with nonaffiliates for use in marketing to you. State laws and individual companies may give you additional rights to limit sharing
DEFINITIONS
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies. DCI does not share with nonaffiliates so they can market to you.
Joint Marketing
A formal agreement between nonaffiliated financial companies that together market financial products to you. DCI does not jointly market.
Updated: January 2023