Disclosures and Terms of Use


These disclosures and terms of use apply to your access to and use of the website of Reich & Tang Deposit Networks, LLC, Reich & Tang Deposit Solutions, LLC, and Stable Custody Group II, LLC (collectively “Reich & Tang”) (this website is herein referred to as the “Site”). Reich & Tang focuses primarily on cash deposit products. Reich & Tang conducts all services in and from the United States.

Acceptance of Terms

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 any and 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

Products and services are offered by Reich & Tang through financial intermediaries. Not all products and services described are available in all states of the United States, or elsewhere in the world. References to 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 products and services is not intended to take the place of the agreements governing those products and services, or the 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.

Reich & Tang’s products are offered primarily by or through banks or broker-dealers. These products are designed to provide the customers of Reich & Tang’s clients with access to deposit accounts at banks that are insured by the Federal Deposit Insurance Corporation (“FDIC”). These products are not money market funds. Funds maintained in the deposit accounts of participating banks are insured up to $250,000 by the FDIC for each category of legal ownership. If a customer maintains funds in a participating bank outside of a Reich & Tang program, these amounts may be aggregated towards the $250,000 limit. The FDIC-Insured Deposit Sweep product is made available by Reich & Tang Deposit Solutions, LLC, to financial intermediaries. The Demand Deposit Marketplace℠ program, which enables bank customers to maximize FDIC insurance, is made available by Stable Custody Group II, LLC.

Intellectual Property; Link and Logo Licensing

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.

No Legal or Investment Advice

While the Site may be used to promote or market a product 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.

Links to Other Sites — Limitation of Liability

Reich & Tang may provide for your convenience and information only links to other websites, and third parties may provide links to the Site. Because Reich & Tang does not have control over websites other than the Site, you agree that Reich & Tang is not responsible for any liability resulting from the access to, or use of, websites 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 other websites, 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 websites Reich & Tang does not own.

Disclaimer of Warranties

All information and other materials present on the Site, 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 website owned by a third party to which or from which the Site is linked (“linked website”). Reich & Tang does not endorse and is not responsible for the capabilities or reliability of any product or service obtained from a linked website.

The information, products, software or service descriptions published on the Site or a linked website 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 website 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.

Limitation of Liabilities

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 for 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. In such cases, the liability of Reich & Tang shall be limited to the greatest extent permitted by law.

Visitor Data Collected on the Site

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.

Governing Law; Severability; Waiver

These terms of use are governed by and interpreted under the laws of the State of New York, without giving effect to principles of conflicts of laws. You agree that exclusive venue for any disputes arising out of, or in connection with, this Site shall be in the state or federal courts located in 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.