eTrade 2011 Annual Report Download - page 184

Download and view the complete annual report

Please find page 184 of the 2011 eTrade annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 216

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216

Proper Record-Keeping and Disclosure Requirements
E*TRADE requires honest and accurate accounting and recording of financial and other information in order to make responsible
business decisions and provide an accurate account of E*TRADE’s performance to stockholders and regulators. E*TRADE requires
and has implemented disclosure controls and procedures to ensure that its public disclosures are compliant, and otherwise full, fair,
accurate, timely and understandable. Accordingly, employees responsible for preparing E*TRADE’s public disclosures, or providing
information as part of that process, are responsible for ensuring that such disclosures and information are full, fair, accurate, timely
and understandable in compliance with E*TRADE’s disclosure controls and procedures.
It is a violation of law and E*TRADE policy for you to attempt to improperly influence or mislead any accountant engaged in
preparing an audit or financial reports. E*TRADE is committed to full compliance with all requirements applicable to its public
disclosures, and requires that its financial and other reporting fairly present the financial condition, results of operations and cash flow
of E*TRADE and comply in all respects with applicable law, governmental rules and regulations, including generally accepted
accounting principles (“GAAP”) and applicable SEC, SRO and OTS rules.
Insider Trading
Federal law and E*TRADE policy prohibits any E*TRADE officer, director and employee from acting upon material non-public
information to benefit yourself or others. Information is “material” if there is a substantial likelihood that a reasonable investor would
consider it important in making an investment decision, or it could reasonably be expected to affect the price of an issuer’s securities.
At times, E*TRADE policies may limit your ability to enter into transactions. In addition, if you have ongoing possession of non-
public information, you may be prohibited from trading in the securities of the
6
At any time during your employment, you are named as a defendant or respondent in any securities or commodities-related civil
liti
g
ation;
At any time during your employment, you are named as a defendant or respondent in any proceeding brought by a governmental
a
g
enc
y
or SRO alle
g
in
g
a violation of an
y
securities law or re
g
ulation;
At any time during your employment, you are found by any governmental agency or SRO to have violated any provision of any
securities law or re
g
ulation;
At any time during your employment, you receive a subpoena, inquiry or request from a governmental, regulatory or
administrative a
g
enc
y
or a claimant,
p
laintiff or outside attorne
y
that involves, or has the
p
otential for involvin
g
, E*TRADE;
At an
y
time durin
g
y
our em
p
lo
y
ment
y
ou receive a customer com
p
laint, whether made orall
y
or in writin
g
;
At any time during your employment you made a compromise with creditors, filed a bankruptcy petition or have been the
sub
j
ect of an involuntar
y
bankru
p
tc
y
p
etition; or
At an
y
time durin
g
y
our em
p
lo
y
ment
y
ou have an
y
unsatisfied
j
ud
g
ments or liens a
g
ainst
y
ou.