Picone Advisory Group, LLC and its affiliates (“Picone” or “we”) is committed to protecting the privacy of the personally-identifiable information that we collect from you as you use this Web site (the “Site”). The scope of Picone’s commitment is detailed in this Privacy Policy. By submitting information, you agree to Picone’s use of such information as described herein. Please see our Terms of Use for more information about our on-line policies in general.

What personally-identifiable information is collected?

Picone collects personally-identifiable information on certain areas of the Site when users register, request publications or other information. The personally-identifiable information collected may consist of information that you provide, such as names, mailing addresses, e-mail addresses, telephone and fax numbers. In addition, Picone collects certain information that you do not visibly enter, such as your IP address, browsing pattern on the Site, click stream, and the status of cookies placed on your computer by Picone, as described below.

How may Picone use my personally-identifiable information?

Picone uses your personally-identifiable information to fulfill your requests for information or for such other business purposes as you may initiate or request. We may keep any of your personally-identifiable information on file and use it to contact you for recruiting purposes. Picone also uses personally-identifiable information to perform statistical analyses of user behavior in order to measure interest in specific areas and information posted on our Site. Picone uses personally-identifiable information collected from cookies and IP addresses as described below. Picone may provide your personally-identifiable information to any of its affiliates for such purposes.

Are cookies and IP addresses used?

The Site uses cookies to identify you and your interests and to track usage of the Site. Cookies are small pieces of text stored on your computer that help us know which browser you are using and where you have been on the Site and on Web sites to which you may link in order to use some of our features. By accepting our cookie, you will be permitted access to certain pages of the Site without having to log in each time you visit. A user who does not accept the cookie from the Site may not be able to access certain areas of the Site. Picone also logs IP addresses, or the location of computers on the Internet, to help diagnose problems with our server and to administer the Site. If you prefer not to accept a cookie, you can set your web browser to warn you before accepting cookies, or you can refuse all cookies by turning them off in your web browser.

Is personally-identifiable information disclosed to third parties?

Picone shall not intentionally disclose or transfer (and shall take reasonable steps to protect the confidentiality and security, and to prevent the unauthorized or accidental disclosure of) your personally-identifiable information to third parties (i.e., persons or entities that are not affiliates of Picone), whether for such third parties’ marketing purposes or otherwise, subject only to the following four exceptions: Picone may disclose your personally-identifiable information to third parties in the event that such disclosure is required by the laws, rules, or regulations of any nation, state, or other applicable jurisdiction; Picone may disclose your contact information to third parties as appropriate for Picone to make transmissions or deliveries to you; Picone may disclose your personally-identifiable information if, in connection with submitting the information, you consent to such disclosure; and Picone may disclose contact information for you in response to inquiries by bona-fide rights owners in connection with allegations of infringement of copyright or other proprietary rights arising from information you have posted on the Site or otherwise provided to Picone.

Links to third-party sites

We may provide links to third-party Web sites as a service to our users. In addition, some of the content appearing to be on this Site is in fact supplied by third parties, for example, in instances of framing of third- party Web sites or incorporation through framesets of content supplied by third-party servers. Please be aware that we cannot control and are not responsible for the information collection practices of such third-party Web sites, which may differ from those of this Site. We encourage you to review and understand the privacy policies on these Web sites before providing any information to them.

Security

Picone has implemented generally accepted standards of technology and operational security in order to protect personally-identifiable information from loss, misuse, alteration, or destruction. Only authorized Picone personnel are provided access to personally-identifiable information, and these employees are required to treat this information as confidential. Despite these precautions, Picone cannot guarantee that unauthorized persons will not obtain access to your personally-identifiable information.

Transborder hosting and transfer of information

Personally-identifiable information collected on the Site may be transferred from time to time to Picone offices or personnel, or to third parties, located throughout the world, and the Site may be viewed and hosted anywhere in the world, including countries (such as the United States) that may not have laws of general applicability regulating the use and transfer of such data. By using the Site and submitting such information on it, you voluntarily consent to such transborder transfer and hosting of such information.

Children’s on-line privacy protection

Picone understands the importance of protecting children’s privacy, especially in an on-line environment. The Site is not intentionally designed for or directed at children 13 years of age or younger, and Picone will not intentionally collect or maintain information about anyone under the age of 13.

Consent; Changes to Privacy Policy

By using the Site, you consent to the collection, use, and storage of your information by us in the manner described in this Privacy Policy and elsewhere on the Site. We reserve the right to make changes to this Privacy Policy from time to time. We will alert you to any such changes by updating this Privacy Policy. This Privacy Policy was last updated on November 13, 2008.

Contact our Privacy Department

If you have any questions about our Privacy Policy, please contact us at Picone Advisory Group, LLC, 200 West Madison Street, Suite 2620, Chicago, IL 60606