Compliance notice

Basketly Inc. is a technology company. We are not registered as an investment adviser, portfolio manager, broker-dealer, or exempt market dealer with the Ontario Securities Commission, any other Canadian securities regulator, the US Securities and Exchange Commission (SEC), or FINRA. We do not provide personalized investment advice, and no Basketly employee is a licensed financial adviser acting in that capacity on the platform.

What we do provide: a tool for organizing stocks into baskets, viewing informational analytics about them, and — for connected accounts — relaying your buy/sell instructions to your brokerage through SnapTrade, our brokerage-connectivity provider (see Section 3 below).

All order execution, trade settlement, and custody of your funds and securities happen at your connected brokerage — never at Basketly. Depending on where you and your brokerage are based:

• Canadian brokerages are regulated by CIRO (the Canadian Investment Regulatory Organization) and participate in CIPF (the Canadian Investor Protection Fund), which protects eligible property up to CIPF's coverage limits if a member firm becomes insolvent.
• US brokerages are regulated by FINRA (and, for investment advisers, the SEC) and are typically SIPC (Securities Investor Protection Corporation) members, which protects eligible securities and cash up to SIPC's coverage limits if a member firm fails.
• UK brokerages are regulated by the Financial Conduct Authority (FCA) and typically participate in the Financial Services Compensation Scheme (FSCS), which protects eligible investments up to FSCS's coverage limits if a member firm fails.
• EU brokerages are regulated under MiFID II by their home member state's national regulator, and typically participate in that country's Investor Compensation Scheme, implementing the EU's Investor Compensation Schemes Directive — coverage limits and the specific regulator vary by member state.
• Australian brokerages are regulated by ASIC (the Australian Securities and Investments Commission) and generally must hold an Australian Financial Services Licence (AFSL) and professional indemnity insurance. Trades on the ASX may also be covered by the National Guarantee Fund (NGF) in limited circumstances of broker default — Australia does not have a CIPF/SIPC/FSCS-style fund covering brokerages generally.

None of these schemes protects you against investment losses from market movements — only against custodial failure of the brokerage itself, and only within each scheme's own limits and conditions. Check your specific brokerage's own disclosures for its exact regulatory status and coverage.

Basketly's product — including this notice, our Privacy policy, and our Risk disclosure — is designed and written for brokerages based in the United States, Canada, the United Kingdom, the European Union, and Australia. SnapTrade, our connectivity provider, supports a broader range of institutions than what Basketly features directly in its own connection flow, including brokerages based in other countries. If you connect a brokerage outside these five, Basketly does not represent that this notice, or our other policies, accurately or completely describe the regulatory protections, investor compensation schemes, or legal framework applicable to that account — you should rely on that brokerage's own disclosures instead.

Basketly connects to your brokerage through SnapTrade, a technology provider whose API lets third-party apps like Basketly read account data and submit orders on your instruction, with your explicit OAuth authorization at your brokerage. SnapTrade itself does not hold your funds or securities, and does not decide whether or how your orders are filled — that's entirely your brokerage's role, per its own regulatory obligations.

Basketly does not perform KYC, identity verification, or suitability assessments for brokerage accounts — that's done entirely by your brokerage when you open and maintain your account there, under its own regulatory obligations. Connecting a brokerage to Basketly requires that the underlying brokerage account already exists and is in good standing.

Basketly's product is built to buy and sell individual equities (stocks) held in a traditional brokerage account, through exchanges including NYSE, NASDAQ, NYSE American, and the Toronto Stock Exchange (TSX/TSXV). This is true no matter which country your brokerage itself is based in — a UK, EU, or Australian brokerage account connected through Basketly can only be used to trade the same NYSE/NASDAQ/NYSE American/TSX/TSXV -listed stocks described here, not stocks listed on your home exchange (for example, the LSE, Euronext, or ASX). Basketly does not support cryptocurrency trading, options, futures, or other derivative instruments, and it is not designed to work with paper trading, demo, or otherwise simulated (non-live) accounts.

SnapTrade's connection flow may technically permit linking an account of one of these unsupported types (for example, a cryptocurrency exchange account, or a brokerage's paper-trading account). Doing so falls outside what Basketly is designed for: orders submitted against such an account are not expected to execute correctly, and Basketly makes no representation that the platform will function as intended if you connect one.

Quotes, historical prices, and fundamental data (sectors, dividend yields) shown on Basketly are sourced from a third-party market data provider (currently Marketstack) and from your connected brokerage. Basketly may change market data providers over time; this notice reflects whichever provider is currently active and may not always be updated the same day a change takes effect. This data may be delayed and is provided for informational purposes only — it is not a real-time quote feed suitable for time- sensitive trading decisions, and actual fill prices at your brokerage may differ from what's displayed.

Every order Basketly submits is a Day market order — it either fills at the prevailing market price during that trading session or expires unfilled by session close. Basketly does not currently support limit orders, stop orders, or other conditional order types. Orders placed outside regular trading hours (9:30am-4:00pm ET, Monday-Friday, excluding market holidays) typically queue for the next open, though exact handling can vary by brokerage.