Regal Investment Advisors LLC views protecting private information regarding its clients and potential clients as a

top priority.

Pursuant to the requirements of the Gramm-Leach-Bliley Act (the "GLBA") and guidelines established by the

Securities Exchange Commission regarding the Privacy of Consumer Financial Information (Regulation S-P), the

Company has instituted the following policies and procedures in an effort to ensure that such nonpublic private

information is kept private and secure. This policy also outlines what the Company and its Associated Persons

are allowed to use the confidential personal information collected in connection with its advisory activities.

Regulation S-P defines "consumer" as an individual who obtains or has obtained a financial product or service

from a financial institution primarily for personal, family, or household purposes, or for that individual?s legal

representative. Generally, an individual is a consumer if he or she provides nonpublic information to the Company

in connection with obtaining or seeking to obtain investment advisory services, whether or not the Company

provides such services to the individual or establishes a continuing relationship with the individual.

"Customer" is defined as a consumer who has an on-going relationship with the institution. Generally, a customer

is a consumer who has an investment advisory contract with the Company (whether written or oral) and/or the

Company regularly effects or engages in securities transactions with or for a consumer even though the Company

does not hold assets of the consumer.

While these terms have specific definitions, for the purposes of the Company?s policies, both consumers and

customers will be collectively referred to as "clients" (or "potential clients" or "former clients" where applicable).

This policy serves as formal documentation of the Company?s ongoing commitment to the privacy of its clients. All

Associated Persons will be expected to read, understand, and abide by this policy, as well as to follow all related

procedures and to uphold the standards of privacy and security set forth by the Company. This Policy and the

related procedures contained herein are designed to comply with applicable privacy laws, including the GLBA,

and to protect nonpublic personal information of the Company?s clients.

The Company is aware that the SEC has proposed amendments to Regulation S-P that set forth more specific

requirements for safeguarding personal information against unauthorized disclosure and for responding to

information security breaches. When these new amendments are adopted, or in the event that new privacyrelated

laws or regulations affecting the information practices of the Company are adopted by federal or state

regulators, this Privacy Policy will be revised as necessary and any changes will be disseminated and explained

to all personnel.

Scope of Policy

This Privacy Policy covers the practices of the Company and applies to all nonpublic personally identifiable

information, including information contained in consumer reports, of our current and former clients.

Overview of the Guidelines for Protecting Client Information

In Regulation S-P, the Securities and Exchange Commission (the "SEC") published guidelines, pursuant to

section 501(b) of the GLBA, that address the steps a financial institution should take in order to protect client

information. The overall security standards that must be upheld are:

Ensuring the security and confidentiality of client records and information;

Protecting against any anticipated threats or hazards to the security or integrity of client records

and information; and

Protecting against unauthorized access to or use of client records or information that could

result in substantial harm or inconvenience to any client.


1. Each Associated Person has a duty to protect the nonpublic personal information of clients

collected by the Company.


2. Each Associated Person has a duty to ensure that nonpublic personal information of the

Company?s clients is shared only with Associated Persons and others in a way that is consistent

with the Company?s Privacy Notice and the procedures contained in this Policy.

3. Each Associated Person has a duty to ensure that access to nonpublic personal information of

the Company?s clients is limited as provided in the Privacy Notice and this Policy.

4. No Associated Person is authorized to sell, on behalf of the Company or otherwise, nonpublic

information of the Company?s clients.

5. Associated Persons with questions concerning the collection and sharing of, or access to,

nonpublic personal information of the Company?s clients must look to the Company?s CCO for


6. Violations of these policies and procedures will be addressed in a manner consistent with other

Company disciplinary guidelines.

Information Practices

The Company limits the use, collection, and retention of client or potential client information to what we believe is

necessary or useful to conduct our business or to offer quality products, services, and other opportunities that

may be of interest to our clients or potential clients.

The Company collects nonpublic personal information about clients and/or potential clients from various sources.

These sources and examples of types of information collected include:

Product and service applications or other forms, such as client surveys, agreements, etc.,

which typically request name, address, telephone number, social security number or taxpayer

ID number, date of birth, employment status, annual income, and net worth;

Information about transactions with the Company and account custodian(s), such as account

balance, types of transactions, parties to the transactions, and investment history.

Information received from consumer reporting agencies, such as credit reports.

Disclosure of Information to Nonaffiliated Third Parties "Do Not Share" Policy

The Company has a "do not share" policy. We do not disclose nonpublic personal information to nonaffiliated third

parties, except under one of the GLBA privacy exceptions, as described below. Since the Company currently

operates under a "do not share" policy, it does not need to provide the right for its clients to opt out of sharing with

nonaffiliated third parties, as long as such entities are exempted as described below. If our information sharing

practices change in the future, we will implement opt out policies and procedures, and we will make appropriate

disclosures to our clients.

Types of Permitted Disclosures The Exceptions

In certain circumstances, Regulation S-P permits the Company to share nonpublic personal information about its

clients with nonaffiliated third parties without providing an opportunity for those individuals to opt out. These

circumstances include sharing information with a nonaffiliate (1) as necessary to effect, administer, or enforce a

transaction that a client requests or authorizes; (2) in connection with processing or servicing a financial product

or a service a client authorizes; and (3) in connection with maintaining or servicing a client account with the


1. Service Providers

From time to time, the Company may have relationships with nonaffiliated third parties (such as

attorneys, auditors, accountants, brokers, custodians, and other consultants), who, in the ordinary

course of providing their services to us, may require access to information containing nonpublic

information. These third-party service providers are necessary for us to provide our investment advisory

services. When we are not comfortable that service providers (e.g., attorneys, auditors, and other

financial institutions) are already bound by duties of confidentiality, we require assurances from those

service providers that they will maintain the confidentiality of nonpublic information they obtain from or


through us. In addition, we select and retain service providers that we believe are capable of

maintaining appropriate safeguards for nonpublic information, and we will require contractual

agreements from our service providers that they will implement and maintain such safeguards.

2. Processing and Servicing Transactions

The Company may also share information when it is necessary to effect, administer, or enforce a

transaction requested or authorized by clients. In this context, "necessary to effect, administer, or

enforce a transaction": includes what is required or is a usual, appropriate, or acceptable method:

To carry out the transaction or the product or service business of which the transaction is a

part, and record, service, or maintain the client?s account in the ordinary course of providing the

financial service or financial product;

To administer or service benefits or claims relating to the transaction or the product or service

of which it is a part;

To provide a confirmation, statement, or other record of the transaction, or information on the

status or value of the financial service or financial product to the client or the client?s agent or


3. Sharing as Permitted or Required by Law

The Company may disclose information to nonaffiliated third parties as required or allowed by law. For

example, this may include disclosures in connection with a subpoena or similar legal process, a fraud

investigation, recording of deeds of trust and mortgages in public records, an audit or examination, or

the sale of an account to another financial institution.

By understanding how the Company shares data with its clients, their agents, service providers, parties related to

transactions in the ordinary course of business, or joint marketers, the Company endeavors to ensure that client

data is shared only within the exceptions noted above.

Disclosure of Information to Affiliated Third Parties

The Company may share information with affiliated parties and shall inform clients, in its privacy notice, of the

type of information shared and the category of parties with whom such information is shared.

Privacy Notice

The Company has developed a Privacy Notice, as required under Regulation S-P, to be delivered to clients

initially and to current clients on an annual basis. The notice discloses the Company?s information collection and

sharing practices and other required information. The notice will be revised as necessary any time information

practices change. A copy of the Company?s Privacy Notice is included as Appendix C.

Privacy Notice Delivery

Initial Privacy Notice - As regulations require, all new clients receive an initial Privacy Notice at the time

the client relationship is established (i.e., upon execution of the agreement for services).

Annual Privacy Notice - The GLBA regulations require that disclosure of the Privacy Policy be provided

to existing clients on an annual basis. The Company will deliver its annual Privacy Notice in

conjunction with the annual delivery of ADV Part 2A.

Revised Privacy Notice

Regulation S-P requires that the Company amend its Privacy Policy and promptly distribute a revised disclosure

to clients, if there is a change in the Company?s collection, sharing, or security practices.


Joint Relationships

If two or more individuals jointly obtain a financial product or service from the Company, the Company may satisfy

the initial, annual, and revised notice requirements by providing one notice to those individuals jointly.