These disclosures and terms of use apply to your access to and use of the Web sites of Reich & Tang (referred to as the “Site”). As used here, “Reich & Tang” means Reich & Tang Asset Management, LLC, its divisions and wholly-owned subsidiaries.
Reich & Tang Asset Management, LLC, is a wholly-owned subsidiary of Natixis Global Asset Management, L.P., which is part of Natixis Global Asset Management, one of the largest investment management firms in the world. The Reich & Tang divisions consist of Reich & Tang Funds, Delafield Asset Management and Global Investment Advisors. Basis Point is a unit of the Reich & Tang Funds division. Reich & Tang Distributors, Inc. and Reich & Tang Services, Inc. are wholly-owned subsidiaries of Reich & Tang Asset Management, LLC.
By linking, referencing, using or accessing the Site, you agree to these terms and conditions, including agreeing to indemnify and hold harmless Reich & Tang from all claims of any nature arising from your access and use of the Site. These terms and conditions may be changed at any time at the sole discretion of Reich & Tang and are in addition to any other agreements between you and Reich & Tang.
Products and services are offered through Reich & Tang to financial intermediaries. Not all products and services described are available in all states of the USA, or elsewhere in the world. References to these products and services should not be considered a solicitation to buy products or services or an offer to sell products or services to any person. Eligibility for certain products and services may vary.
Information provided on the Site regarding our products and services is not intended to take the place of our agreements governing our products and services, or our disclosures made in accordance with federal and state law. Additionally, this agreement does not take the place of any legally required disclosures for any products or services offered by or through Reich & Tang.
An investment in the money market funds of Reich & Tang Funds is not insured or guaranteed by the FDIC or any other government agency. Although the funds seek to preserve the value of an investment of $1.00 per share, it is possible to lose money by investing in the funds. Please consider the investment objectives, risks, charges and expenses of the funds carefully before investing. The prospectus for each fund contains this and other information about the funds. Please read it carefully before investing. Money market funds are distributed by Reich & Tang Distributors, Inc., a member of FINRA.
Notwithstanding the preceding statements, U.S.-registered money market funds advised by Reich & Tang Asset Management, LLC participate in the U.S. Treasury Department's Temporary Guarantee Program for Money Market Funds. The program guarantees that, upon redemption, each shareholder of a Reich & Tang money market fund will receive $1.00 per share for each share that was held by the shareholder at the close of business on September 19th, 2008. The guarantee is based on the number of shares invested in the fund at the close of business September 19th, 2008, and any increase in the number of shares held after the close of business on September 19th, 2008 will not be guaranteed. If the number of shares fluctuates over the period, investors will be covered for the lesser of, either the number of shares held as of the close of business on September 19th, 2008 or the current amount. The program also states that in the event a customer closes their account with a fund or broker/dealer, any future investment in the fund will not be guaranteed. The program expires on April 30th, 2009, unless extended by the U.S. Treasury.
The FDIC-Insured Deposit Sweep product is not a money market fund. Funds maintained in Insured Deposit Sweep Accounts at each participating bank are insured up to $100,000 by the FDIC for each category of legal ownership, including any other balances your client may hold directly or through other intermediaries, for a total of up to $1,000,000 of FDIC insurance. The FDIC-Insured Deposit Sweep product is made available through Reich & Tang Services, Inc. to financial intermediaries.
The content found on the Site, including without limitation, the text, graphics, videos, selection and arrangement of information, and page layouts, is protected by copyright and other intellectual property laws and treaties. You may download and print copyrighted materials for your personal non-commercial use only. You may not modify, transmit, or distribute any of the copyrighted materials without the specific written consent of Reich & Tang. Trademarks, service marks and logos used on the Site are registered and unregistered marks, protected by the laws of the United States and other countries worldwide. Trademarks, service marks and logos used on the Site that have been provided by others are the property of their respective owners. You may not use any of the trademarks, service marks or logos found on the Site without the specific written consent of Reich & Tang or their respective owners.
While the Site may be used to promote or market a transaction or an idea, it is intended to provide general information about the subject matter covered and is provided with the understanding that Reich & Tang is not rendering legal, accounting, or tax advice. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, or accounting obligations and requirements. Reich & Tang also does not provide investment advice on the Site.
Reich & Tang may provide, or third parties may provide, for your convenience and information only, links to other World Wide Web sites. Because Reich & Tang does not have control over these sites, you agree that Reich & Tang is not responsible for any liability resulting from the access or use of sites not owned by Reich & Tang and that Reich & Tang is not responsible for any content, advertising, product, or any other matter or issue, available through the World Wide Web, whether linked to, or from, the Site. Further, you agree that Reich & Tang shall not be responsible or liable, directly or indirectly, for any damage or loss caused, or alleged to be caused, by or in connection with the use of Web sites Reich & Tang does not own.
All information and other materials present on the Site ("content"), including, without limitation, products and services are provided "as is," without any warranties about the content's nature or accuracy (either when posted or as a result of the passage of time) and without any representations or guarantees.
Without limiting the above, Reich & Tang disclaims all warranties, express or implied, including, but not limited to warranties of merchantability, fitness for a particular purpose, title, non-infringement, security or accuracy with regard to any Web site owned by a third party to which or from which the site is linked ("linked Web site"). Reich & Tang does not endorse and is not responsible for the capabilities or reliability of any product or service obtained from a linked Web site.
The information, products, software or service descriptions published on the Site or a linked Web site may include inaccuracies or typographical errors. Reich & Tang disclaims liability for such errors and does not warrant or represent that the content on the site or a linked Web site is updated or complete. Reich & Tang has no obligation to update any content on the site and may change or improve the Site at any time without notice.
Reich & Tang does not endorse and is not responsible for the accuracy or reliability of any opinion, advice or statement made through the Site by any party other than Reich & Tang.
You agree that your access to and use of the Site and the content thereof is at your risk. You agree, that under no circumstances shall Reich & Tang be liable for any direct, indirect, incidental, special, consequential, punitive or exemplary damages arising from viruses, worms, trojan horses or other code that has contaminating or destructive properties or your referencing, using, accessing, inability to use or access or linking to or from the Site or any errors or omissions in the content thereof. There are some jurisdictions that do not allow for the exclusion of certain warranties or the limitation or exclusion of liability for consequential or incidental damages. Based on this conclusion, the liability of Reich & Tang is limited to the greatest extent permitted by law.
Throughout the Site, software is used to automatically collect certain navigational information about visitors to the Site. This software does not collect personally identifiable information about visitors. This information is collected, analyzed and stored in order to provide the best user experience within the Site and to improve the content of the Site.
In addition, Reich & Tang may collect the email addresses of visitors to the Site when visitors provide them, the email addresses of those who communicate with us via email, and information volunteered by the visitor. Please note, however, that Reich & Tang does not automatically collect email addresses from visitors to the Site.
These terms of use are governed by and interpreted under the laws of the State of New York. If any portion of these terms and conditions is found to be unenforceable, the remaining sections of the terms and conditions will remain in effect.
Failure by Reich & Tang, in any instance, to exercise any of its rights under the terms and conditions will not constitute waiver of such right or any other rights under the terms and conditions.
Money market funds distributed by Reich & Tang Distributors, Inc. Member FINRA. Copyright 2009, Reich & Tang Asset Management, LLC. All rights reserved.