The Company and Oppenheimer maintain offices at their headquarters at 85 Broad Street, New York, New York which houses their executive management team and many administrative functions for the firm as well as their research, trading, investment banking, and asset management divisions.
−Removed: Since early March 2020, around 90% of the Company’s employees based out of our headquarters have been working remotely.
−Removed: We anticipate that this will continue well into 2021 until vaccinations are more widely administered.
+Added: Since early March 2020, most of the Company’s employees based out of our headquarters have been working remotely.
+Added: We anticipated that employees will return to offices once the risk associated with the Omicron variant or any successor contagion subsides while also maintaining flexible work arrangements.
Generally, the offices outside of 85 Broad Street serve as bases for sales representatives who process trades and provide other brokerage services in co-operation with Oppenheimer’s New York offices using the data processing facilities located there.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.