SEC Rule 11Ac1-6 Order Execution and Routing

For information about order routing in First Wilshire Securities brokerage accounts, please go to the website at www.mysecuritiesaccount.com. Click "Order Routing", and enter "First Wilshire Securities", press "Go". The left side of the screen offers order routing choices by market (NYSE, NASDAQ, Amex/others, Listed Options).

On written request, First Wilshire Securities will disclose to its customers the identity of the venue to which the customer’s orders were routed for execution in the six months prior to the request, whether the orders were directed orders or non-directed orders, and the time of the transactions, if any, that resulted from such orders.

FINRA Public Disclosure Hotline
FINRA offers investors information and education through the FINRA Public Disclosure Hotline at 800-289-9999 and the FINRA website at www.finra.org. FINRA makes available to customers an investor brochure that includes information describing the
Public Disclosure Program.

Privacy Notice

We take your privacy seriously. We want you to understand what information we collect and how we use it. We collect and use "nonpublic personal information" from our new account forms to help us determine suitability for certain investments, as a tool in obtaining your investment objectives, and to satisfy the requirement of various regulatory agencies that govern us.
We do not disclose nonpublic personal information about you to non-exempt third parties. Proof of your permission is required before we will send information to non-exempt third parties. Examples of a situation requiring your approval includes requests for information to be sent to an accountant or in loan approvals.
We may also collect "nonpublic personal information" about you from data we receive from non-affiliated third parties, including consumer and industry reporting agencies.
We maintain physical and electronic safeguards to protect your nonpublic information.

Form ADV Part II
A copy of the brochure will be provided upon written request.

Business Continuity Plan

First Wilshire Securities Management, Inc. (“FWSM”) has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – If after a significant business disruption you cannot contact us as you usually do at (626) 796-6622, you should call our alternative number (800) 858-0679 or go to our web site at www.firstwilshire.com. If you cannot access us through either of those means, you should contact our clearing firm, Wedbush Morgan Securities, at (213) 688-8000 or www.wedbush.com for instructions on how it will provide prompt access to funds and securities and process other cash and security transfer transactions.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.

Our clearing firm, Wedbush Morgan Securities, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own critical operations with the same day and be able to complete existing transactions and accept new transactions and payments shortly thereafter. Your orders and requests for funds and securities could be delayed during this period.

Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within the same day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within one business day. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site www.firstwilshire.com or our customer emergency number, (800) 858-0679 how to contact us.
If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their funds and securities.

For more information – If you have questions about our business continuity planning, you can contact us at (626) 796-6622 or info@firstwilshire.com.

Margin Risks Disclosure Statement

For margin customers and those customers who may be considering using margin
As your brokerage firm, we are furnishing this document to you to provide some basic facts about purchasing securities on margin, and to alert you to the risks involved with trading securities in a margin account. You should carefully review the margin agreement provided by us. Consult your investment executive or our management regarding any questions or concerns you may have with your margin account(s).
When you purchase securities, you may pay for the securities in full or you may borrow part of the purchase price for marginable securities. If you choose to borrow funds, you will open a margin account. The securities purchased are the firm’s collateral for the loan to you. If the securities in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts, in order to
maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin.

These risks include the following:

You can lose more funds than you deposit in the margin account.
A decline in the value of securities that are purchased on margin may require you to deposit additional funds to your account to avoid the forced sale of those securities or other securities or assets in your account(s).
The firm can force the sale of securities or other assets in your account(s).
If the equity in your account falls below the maintenance margin requirements or the firm's higher "house" requirements, the firm can sell the securities or other assets in your account(s) to cover the margin deficiency. You also will be responsible for any short fall in the account after such a sale.

The firm can sell your securities or other assets without contacting you.

Some investors mistakenly believe that a firm must contact them for a margin call to be valid, and that the firm cannot liquidate securities or other assets in their accounts to meet the call unless the firm has contacted them first. This is not the case. Most firms will attempt to notify their customers of margin calls, but they are not required to do so. However, even if a firm has contacted a customer and provided a specific date by which the customer can meet a margin call, the firm can still take necessary steps to protect its financial interests, including immediately selling securities without notice to the customer.

You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call.
Because the securities are collateral for the margin loan, the firm has the right to decide which securities to sell in order to protect its interests.
The firm can increase its "house" maintenance margin requirements at any time and is not required to provide you advance written notice.
These changes in firm policy often take effect immediately and may result in the issuance of a maintenance margin call. Your failure to satisfy the call may cause the firm to liquidate or sell securities in your account(s).

You are not entitled to an extension of time on a margin call.

While an extension of time to meet margin requirements may be available to customers under certain conditions, a customer does not have a right to the extension.