All users of this website are presumed to have read this Disclaimer and we ask no visitor to proceed without having read or without thoroughly understanding the content herein. If you do not understand any portion of this Disclaimer, please contact us for further explanation.
Midtown Capital Group, LLC does not provide any form of stock advice, including buy/sell advice, financial planning advice, insurance products advice, or tax advice. Midtown Capital Group, LLC and it's partners facilitate securities lending and do not provide direct or indirect brokerage services, securities buy-sell, insurance product sales, or estate planning advice of any kind. All such services must be provided by licensed professionals only in direct communication with the individual clients of Midtown Capital Group.
Midtown Capital Group is not a hedge fund, and does not provide any form of service related to any hedge fund at any time.
Special jurisdictions: Securities loans are not available in Saskatchewan, Canada or any other location where they are prohibited by local, state, or federal regulation. Tax responsibility: All tax issues are the sole responsibility of the borrower. Midtown Capital Group, LLC and its partners do not support or promote the use of stock loans as tax avoidance, tax deferral, or tax reduction methods. Whether or not a stock loan is advantageous or not advantageous in a borrower's tax strategy is a matter entirely between the client and his/her licensed tax advisor(s) alone. We strongly urge consultation with such licensed tax professional tax professional and review of the IRS website for proper treatment of stock loan proceeds for tax and accounting purposes. Note to California Residents, if you reside in California, your transaction will be routed through a partner firm that maintains the proper licenses in the State of California.
All materials posted on this site are subject to copyrights owned by Midtown Capital Group, LLC (MIDTOWN CAPITAL GROUP™) and other individuals or entities. Any reproduction, retransmission, or republication of all or part of any document found on this site is expressly prohibited, unless MIDTOWN CAPITAL GROUP, LLC or the copyright owner of the material has expressly granted its prior written consent to so reproduce, retransmit, or republish the material. All other rights reserved.
The names, trademarks, service marks and logos of MIDTOWN CAPITAL GROUP, LLC appearing on this site may not be used in any advertising or publicity, or otherwise to indicate The MIDTOWN CAPITAL GROUP™ sponsorship of or affiliation with any product or service, without MIDTOWN CAPITAL GROUP, LLC prior express written permission.
Although the MIDTOWN CAPITAL GROUP, LLC site may include links providing direct access to other Internet sites, The MIDTOWN CAPITAL GROUP, LLC takes no responsibility for the content or information contained on those other sites, and does not exert any editorial or other control over those other sites.
MIDTOWN CAPITAL GROUP, LLC is providing information and services on the Internet, MIDTOWN CAPITAL GROUP, LLC makes no representations about the suitability of this information and these services for any purpose.
For further information please contact: Midtown Capital Group LLC, 5 Penn Plaza, 23rd Floor, New York, NY, 10001.
Loan Disclaimer
Midtown Capital Group, LLC operates as a securities finance/loan facilitator. Our services allow owners of free-trading securities, both in the U.S. and overseas, to receive securities-based loan quotes for their portfolios. Midtown Capital Group provides quotes from fully licensed U.S. lending sources and helps its clients achieve the best possible position to make a decision regarding their custom securities financing choices.
Midtown Capital Group allows only what it believes to be the very best lenders to provide quotes to our clients. We use background checks, licensing, SIPC membership,, historical track records, customer satisfaction information, and any other available public or private information to assist is in making these determinations.
Our quote service is free; Midtown Capital Group and its partners act as a central good-faith negotiator and administrator for these transactions, and in return receives a small percentage of the gross loan amount as fees for any successful loan.
All transactions are entirely between the Midtown Capital Group partner lending entity and the client, and as with any financial transaction we expect our borrowers to read their contracts carefully and to not proceed unless they are comfortable with the terms. We strive to assist every borrower with any matter of interest or concern to them, from explanations to coordination of stock transfer, upon client request.
Any client, agent or other individual or entity using the Midtown Capital Group website or contacting, processing, interacting with, or otherwise doing business with Midtown Capital Group LLC, its staff, agents, and/or officers, is covered by the terms and statements in this Disclaimer. The Disclaimer is listed repeatedly as a link on all Midtown Capital Group websites, and most other documentation, both written and electronic. Midtown Capital Group has made a reasonable effort to ensure that anyone interacting with Midtown Capital Group in any capacity has read this Disclaimer prior to proceeding with our services.
Midtown Capital Group LLC is a registered Delaware Limited Liability Corporation. Midtown Capital Group is a provider of securities liquidity (brokering) services. Midtown Capital Group services both individual and institutional clients, and does not offer any investment (buy or sell), tax counseling, estate planning, or any other securities, equities, or other financial advice whatsoever.
Midtown Capital Group is not responsible or liable for actions, decisions, or assessments, real or perceived, originating from any funding entity or account manager/lender or any other third party for which Midtown Capital Group has no control or knowledge and/or for whom Midtown Capital Group has not authorized action, decision, or assessment. All loan contracts are presumed final and binding, and are strictly between the portfolio manager/lender and the client only; Midtown Capital Group is not a signatory party to the loan contracts themselves.
Midtown Capital Group does not manage, hold or influence client stocks at any time, but rather evaluates, facilitates, markets, and presents selected funding programs to current or potential Midtown Capital Group clients.
In selecting funding programs and account managers, Midtown Capital Group relies principally on licensing status and overall professional standing of the brokerage/lender..
Should any statements or representations by any funder made to Midtown Capital Group during its due diligence process and after ultimately be proven false, misleading, or fraudulent despite written attestations and confirmation to the contrary, Midtown Capital Group is not liable for any such statements or representations made by such third parties (funding entities, principals, or staff) when such statement have been made without Midtown Capital Group involvement, agreement, approval, or knowledge.
Midtown Capital Group's responsibility in the selection of funding entities and the offering of loan programs is therefore limited to carrying out normal and reasonable due diligence and timely termination of any program that does not carry out its it funding activities as represented unless such entities give clear evidence and assurances that changes will be made to remove the conditions that led to the original non-performance. Midtown Capital Group will terminate any funder that, within a reasonable amount of time, does not carry out promised steps to cure any deficiencies in a timely fashion. Midtown Capital Group reserves the right to continue providing a funder's loan services conditionally (temporarily) if Midtown Capital Group has a valid reason to be believe that progress is being made towards correction of the circumstances that led to the deficit. By proceeding with Midtown Capital Group services, you are indicating your acceptance in full and without reservation to the statements in this paragraph, and to hold Midtown Capital Group and/or its partners harmless in the event of any issue arising thereof.
Detailed information on our approved and licensed SIPC-member institutional funding entities is available upon request following signing of the appropriate term sheet.
Third-part Representations. Midtown Capital Group is responsible for accurately depicting the loan programs it offers loans as they have been represented by the funding entities to Midtown Capital Group, both verbally and in writing. However, liability/responsibility for false statements, should they occur, by funding entities or third parties acting on their own without Midtown Capital Group's knowledge, approval, or consent, rests completely and without reservation on the lending entity alone. Although Midtown Capital Group and its partners shall not be held liable for funder misrepresentations should they occur, Midtown Capital Group will nevertheless strive to ensure the accuracy of all information on its website and in its documents and to correct any deficiencies in performance, or, should they remain, terminate its relationships with programs or individuals that do not meet our standards.
Reporting Notice: Corporate "insiders" (affiliates) must file SEC Form 4 to correctly report any loan transaction is such filing is determined to be required by law. Midtown Capital Group is not responsible for any individual or entity that does not correctly report their Midtown Capital-Group facilitated loan funds.
Restrictions on Use: Loan proceeds may not be used to purchase marginable securities or for any unlawful purpose.
Unauthorized marketing or resale of Midtown Capital Group-approved products or services is prohibited and may not be undertaken without the approval of Midtown Capital Group LLC or its authorized partners. Individuals under contract to Midtown Capital Group LLC as affiliates (agents) may represent Midtown Capital Group products only with the consent of Midtown Capital Group and within the restrictions presented in their working agreements.
Individuals seeking to officially represent Midtown Capital Group products and services in their locale or on the Internet must in any event still get approval for any marketing communications such as email messages or web pages. Any representation by any individual, regardless of their contractual status with Midtown Capital Group, in any jurisdiction where Midtown Capital Group has not specifically authorized that agent to carry out such activities, is prohibited.
Resolution of any potential legal or tax issues involving financing, directly or through any third party, should be carried out by the licensed attorneys, accountants or other professional advisors of each individual client, and in consultation with the tax authorities and/or under the tax regulations for that country. For useful information on US tax law, please visit the Internal Revenue Service website. Loan clients are expected to abide by all applicable U.S. regulation and law, including properly reporting loans if required to do under U.S. or local (foreign) regulation.
Please Contact Us for any questions pursuant to this Disclaimer.
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5 Penn Plaza 23rd Floor
New York, NY 10001
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