| RBC Correspondent Services |
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RBC Correspondent Services (RBC CS) is a division of RBC Capital Markets Corporation. RBC Capital Markets Corporation is a member of the NYSE, AMEX, CHX, CBOE and PSE and has execution capabilities on all principal exchanges. RBC Capital Markets Corporation is owned by Royal Bank of Canada, which trades under the symbol RY on the New York Stock Exchange. Washington Securities Corporations’s Relationship with RBC Dain CSWashington Securities has a contractual agreement with RBC Correspondent Services (RBC CS) to serve as our clearing firm. This fully disclosed agreement states the responsibilities of each party. Prior to the agreement becoming effective, RBC CS is responsible for making all disclosures to WSC’s designated examining authority as required by NYSE Rule 382. Each client of our firm is notified of the relationship via a disclosure letter. The disclosure letter details the responsibilities that our firm (the introducing broker-dealer) and RBC CS (the clearing firm) have to the client. Although client assets are held by RBC Capital Markets Corporatoin., neither RBC Capital Marekts Corporation nor RBC Dain CS has responsibility for the financial condition or performance of our firm or our Financial Consultants. In the event of disruption of business please refer to the Emergency Information Section of this website for important alternative contact information.
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