EFTA01291791.pdf

15I Deutsche Bank NOW,. Sank Pointe totallth Many/nevi Minna (Awn* ways ape.... San% Semettmet IOW Yen ClIke P.O. Box 1776, Baltimore, MD 212O3 345 P(t A.t.nme. /Os f Yoe Nem vce NY 10314 December 1, 2018 - December 31,2018 Account Number: SOUTHERN FINANCIAL LLC 6/30 RED HOOK QUARTER B3 ST THOM ASVI0 0 80 2 Portfolio at a Glance ThisPeriod Year-k Date Your Investment Specialist. BEGIN NI NG ACCOUNT VALUE 917,931,001.10 $16,956,877.74 MARTIN ZEMAN Net Cash Deposits and Withdrawals 0 00 .213.072.07 Adjusted Previous Account Value 17,931,001.10 16,713,805.67 Dividends, Interest and Other Income 34 t 0 262229.53 Net Change in Portfolio' -2.081.000.00 -1.149.000.00 DINGACCOUNT VALUE 315.847.035.20 $15,847,035.204 Estimated Annual Income 5292.229.53 'Net Change in Portfolio is the difference between the ending account value and beginning account value (Met activity. The Bank Deposits in your account are FDIC insured bank deposits. FOIC insured bank deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). These bank deposits are covered by the Federal Deposit Insurance Corporation (FDIC), up to allowable limits. Asset Summary Percent Asset Type Pilaf Year-End Last Period ThisPeriod 1% Cash, Money Funds, and Bank Deposits 33,877.74 73,001.10 73,035.20 99% Equities 16,923,000.00 17,858,000.00 15,774,000.00 100% Account Total 618,956,877.74 $17,931,001.10 $15,847,035.20 Please review your allocation periodically with your Investment Specialist. . Page of 9 Pateameamt Omit. Smelt Potting LIC, a wholly owned At OMICSIMS I • 11.:!1 10. Every Vex Site 2007 sulmelMy elIlie Soak of New York Mellon DAIJAR WED C0MMUMCATI0NS Cementhan (MY Mellon) CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFID L- EXC0ANCt Pemba* LLC.inerrtte FIIIRAA141X2P14.1—00049696 DB-SDNY-OO 1252O EFTA_OO160305 EFTA01291791  Summary of Gains and Losses Reared ThisPeriod Veruto•Cnte Used* Long-Term Gain! Loss 0.00 0.00 -1,207,416.00 Net Gain/ Loss 0.00 0.00 -1,207,416.00 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECB' ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S. These rates are subject to change in response to market changes, and we may. in the future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances. FDICInsured Bank Deposits Date Adivity Type Descdplion Amount Bate Sweep FDIC Insured Bank Deposits INSURED DEPOSITS PROGRAM Activity Ending: IV 31/ 18 12/01/18 Opening Balance 73,001.10 73,001.10 12/14/18 Deposit INTEREST CREDITED 34.10 73,035.20 A PY 0 55% 12/17/18 Citibank N A 73,035.20 A/ 0 12/ 17 5 730 35 20 12/31/18 Closing Balance 373,035.20 Total FDIC Insured Bank Deposits 373,035.29 The FDIC Insured Bank Deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). The Bank Deposits at each bank are insured by the Federal Deposit Insurance Corporation (FDIC) up to 8250,000 for each category of legal ownership including individual retirement accounts and certain other self directed retirement accounts. Please review this in connection with other deposits you may have at each respective bank. Income and Expense Summary Oment Period Yeer4o-Dde bustle Non Taxable Taxable Non Tar* Dividend Income Equities 0.00 0.00 202,00000 0.00 Interest Income FDIC Insured Bank Deposits 34.10 0.00 229.53 0.00 Total Dividends, Interest, Income and Expenses 834.10 30.00 3282,229.53 30.00 Page 2 of 9 A... Account Number. Rated ha/6rd (very VON Ars2007 DAWN MUD COMMUNCATIONS OwingInc.holingIlt. a way said subsidiary as Santa New York Melba Omponthan (MY Maw) CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDO. AL- EXCIA INC t Penh...* ac. name, FiliRkftlAttedaGM 00049697 DB-SDNY-0012521 EFTA_00160306 EFTA01291792  Deutsche Bank P.O.Box 1776, Baltimore, MD 21203 December 1, 2018 - Decem ber 31, 2018 SOUTHERN FINA NCIA L LLC Portfolio Holdings Accent Adlay °Mad Chung Accrued leads 30.0ey Current Opening Dale Quality Weber Siding Mena Balance Income MeV.* Yield Yield CASH, MONEY FUNDS, AND BANK DEPOSITS t00% of Portfolio FDIC Insured Bank Deposits INSURED DEFOSITSPROGRAM 12101/18 73,035.200 NM 12131118 73,001.10 73,035.20 11.61 229.53 NIA NM Total FDIC Insured Bank Deposits $73,001.10 $73,035.20 $17.61 $229.53 TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $73,001.10 $73,035.20 $17.61 $229.53 thweedzed Estimated Estimated Me Acquired Neatly WI Cat Cod Bei Merkel Price Medal Ma Odorless Annual Income Yield EQUITIES 99.00% of Portfolio Common Stocks APPLE INC COM Security Identifier AAPL Dividend Option: Cab CUSP: 037833130 12107117 100.000.000 169.8140 16.981.416.00 157.7400 15.774.000.00 -1,207.416.00 292,000.00 1.85% Total Common Stocks $16 981 416.00 $15 774 000.00 41,207,416.00 $292.000.00 TOTAL EQUITIES $18,981,416.00 $15,774,000.00 41,207,416.00 $292,000.00 Uemaliad Amed Estimated Cod Beds Merkel Value Gag Lose Mired Annual Inoue TOTAL PORTFOLIO HOLDINGS $17,054,451.20 $15,847,035.20 41,207,416.00 50.00 5292,229.53 Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as "covered", were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 1099B, the cost basis will not be reported to the IRS. Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market prices. unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ Page 3 of 9 Account %rite Rated Cacellent Owing tlwonsh lists PIC a Sally owned A: C CI!..5)):21 Every Vex Shwa 1007 subsidiary TM brat New York Mika DAISMMI ID COMMUNCATICNS CoWatim (MY MONO CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDO. AL- EXCLUDa Penhal; MC. 'avian FildRAWSUGM_OOO49698 DB-SIDNY-0012522 EFTA_00I 60307 EFTA01291793  Portfolio Holdings Disclosures (continued) Pricing (continued) from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEAS OF PRICEDATEONLY APPEARSW HEN THE PRICEDATEDOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however. no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time. and may be affected by current and future economic. political, and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities. interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested You will not receive confirmation of these reinvestments Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate w ill not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day. increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction. incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Messages Please note the following information for Pershing's 20 'IS IRSForm 1099 (B, OIV, INT, M ISC and OID): Your Form 1099 will be delivered as early as possible, beginning January 31, 2019 By February 15. you will be mailed either your Form 1099 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final information from issuers and trustees of securities that you hold by the as of date of the February 15 1099 mailing You will also be sent the notice if your information is still being reviewed and finalized. The notice will inform you of the securities that are pending final reporting and provides the anticipated mail date of your 1099 Your 1099 will be mailed no later than M arch 15, 2013. Page 4 of 9 Account Numbe Rateamant Clang dart hang LI.C, a wholly woad A:CMGS:MS I • LAU. Every Vex Saes 2007 sulmarft of The Sordi of New York Mellon DALY& Gym COMMUMCATICMS Carponthm MO'Man) CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID L_- Ma LOC C Pentmg LIX.rner-ter EitiRtAckliqu:PM_00049699 DB-SDNY-0012523 EFTA_00160308 EFTA01291794  Deutsche Bank P.O. Box 1776, Baltimore, MD 212O3 December 1,2018 - December 31,2018 SOUTHERN FINANCIAL LLC Messages (continued) Although a money market mutual fund seeks to preserve the value of your investment at 51per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. Federal Deposit Insurance Corporation (FDIC)-Insured Bank Deposits are not protected by Securities Investor Protection Corporation(SIPC). For disclosure of rates for DW S money market funds, please visit the DW S Investments website at httpsi /www.dws-investments.com/ EN/ products/ money-market-funds-yields.jsp Please note that all money market funds listed on the website may not be offered through us. Activity Summary (All amounts shown areIn base currency) Credits This Period Debits Disagreed Net lblePakid Credits YeayloiDate Debits YeautoiDate Net YearitoiDate Dividends and Interest $34.10 $0.00 $34.10 $282,229.53 $0.00 $282,229.53 Cash Withdrawals 0.00 0.00 0.00 0.00 -243,072.07 -243,072.07 Total Cash $0.00 $0.00 $0.00 $0.00 4243,072.07 4243.072.07 FDIC Insured Bank Deposits $0.00 434.10 434.10 $243,025.18 4282.182.84 439,157.46 Totals $34.10 434.10 $0.00 $525,254.71 4525,254.71 $0.00 Transactions by Typeof Activity Process' Trade. Settlement Transaction Dale Dete Actiriir Type Description gray Prke Accrued Interest Amount Curren, Dividends and Interest 12117/18 12114/18 FDIC INSURED BANK INSURED DEPOSITS INTEREST CREDITED 34.10 USD DEPOSITS INTEREST RECEIVED Total Dividends and Interest - U S DOLLARS 0.00 34.10 Page 5 of 9 Account NumberMOM Rated Etcaornt Owing Hwang% PmbingPIC a wally owned atcencSx:21 Every Vex Since 2007 subsidiary a The brat a New York Mellon MAAR RA TED COMMUNCATIM onnentim (eon, Melon) CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) CONFID AL- EXCIAL CNC( Penne.ux.imman FnintAtiatlYEEP$4_00049700 DB-SDNY-OO12524 EFTA_OO16O3O9 EFTA01291795  Transactions by Type of Activity (continued) Process Trade: Settlement Transadion Date Date Activity Type Dewiption Quantity Price Aimed loitered Anent Cymric/ FDIC Insured Bank Deposits 12117/18 12114/18 FDIC INSURED BANK INSURED DEPOSITSINTEREST REINVESTED 34.10 USD DEPOSITS INTEREST REINVESTED Total FDIC Insured Bank Deposits-U.S. DOLLARS 0.00 -34.10 Total Value of Transactions 0.00 0.00 USD The price and quantity displayed may have been rounded. Client Service Information Your Invedment Specialist:ZEN Contact Inlometion MARTIN ZEMAN Telephone Number: Your Account Informati n TAX LOT DEFAULT DISPOSITION METHOD Default Method for Mutual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annua • No ELECTRONIC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log In to your account or contact your Investment Specialist for more information. Page 6 of 9 Account Number. Rated Etcdent Owing through Amain(Ilt. a Sally owned CONFIDO. 4 "AL- Every Vex Since 2007 DALBAR RAIEDCOMMUNCATIONS EXCIA CNC( subsidiary a The brat ar New York Mellon Ccnaatim (OW Melon) Penne. MC. immter Filitactrear 4 t 0000701 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0012525 EFTA_00160310 EFTA01291796  Deutsche Bank P.0 Box 1776, Baltimore, MD 21203 December 1,2018 - December 31,2018 SOUTHERN FINANCIAL LLC Important Information and Disci su-es The Role of Pershing • Pershing carries your account es clearing broker pursuant to a clearing agreement with your financial institution, Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, where applicable; the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at (201) 413-3333. All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about/ strength-and-stability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing I1C. Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399 Errors and Omissions excepted. Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or Page 7 of 9 Account Notting= Rated(Kant Owing Hwang% PmbingPIC • Sally owned A: t titC513:2S Every Yaw Since2007 subsidiary a Thellordtel New York Melba DAIJAR WED CONVOCATIONS CiMontim (MY Mellon) CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFID EX( CUENCC Penhe. Ac. Mx fititatia DB-SDNY-0012526 00049702 EFTA_0016031I EFTA01291797  Important Information and Disclosures (continued) Important Arbitration Agreement (continued) (Hi) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399. Page 8 of 9 Account Numbet Waled Exceilent Oaring Swett PeggingISC. • wholly owned At 01MCSI,OH Every Yew Since 1007 subncliwy elme bake. New York Mellon CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID L DAIL& WED COMMUNICATIONS EMaLOCC Ceeeneebne (MY Mellon) ..„.„ a a., Penmen lie. twwter filiRnAIM -410-Thl _uOuqu 7u 4 DB-SDNY-0012527 EFTA 00160312 EFTA01291798  TERMS ANDCONDITIONS TRANSACTORS • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER SPECIALIST, ODD LOT DEALER. • ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SMALL BE BLOCK POSIT IONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS, CUSTOMS. USAGES. RULINGS AND TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY, F ANY, WHERE POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED. THE TRANSACTIONS ARE EXECUTED ANDIOR SETTLED. OR IF APPLICABLE. OF THE FINANCIAL • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR INDUSTRY REGULATORY AUTHORITY AND TO ALL APPLICABLE LAWS AND REGULATIONS. FINANCIAL INSTITUTION OR PERSHING MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETALS • TITLE TO SECURITIES SOLD TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL SHALL REMAIN AVAILABLE UPON REQUEST. WITH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT • A FINANCIAL STATEMENT OF PERSHING IS AVALABLE FOR YOUR PERSONAL INSPECTION AT DATE. WHICHEVER IS LATER. PERSHING'S OFFICES. A COPY OF IT WILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN • YOU MAY HAVE RECEIVED COWRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR VIEW IT ONLINE AT WWW.PERSHING.COM. STATEMENT. IF SO. THE TRANSACTIONS WLL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVO.PERSHING COINDISCLOSURES TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. • THIS STATEMENT SHOULD BE RETAINED FOR YOUR RECORDS. THIS IS ESPECIALLY TRUE F YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED. FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES IRE-GULATON HMS- FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S RULE 607(A)(1)-(211 BOOKS OF RECORD, ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT OF ITS BUSINESS. PERSHING SENDS CERTAIN EQUITY ORDERS TO EXCHANGES. ELECTRONIC COMMUNICATION DEBIT BALANCES: NTEREST CHARGED ON DEBIT BALANCES IN YOUR ACCOUNT APPEARS ON THE NETWORKS. OR BROKER-DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHING OR CHARGE FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST IS ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON FINANCIAL INSTITUTION IF YOU DESIRE ADDITIONAL COPIES. WRITTEN REQUEST. PERSHING RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW MARGIN INFORMATION: F YOU MAINTAIN A MARGIN ACCOUNT, THIS IS A COMBINED STATEMENT OF TO CERTAIN OPTION EXCHANGES. N ADDITION. PERSHING ROUTES CERTAIN EQUITY AND OPTION YOUR GENERAL ACCOUNT AND A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER ORDERS TO ITS AFFILIATE. BNY MELLON CAPITAL MARKETS. LLC, FOR EXECUTION AS PRINCIPAL. REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT COMPENSATION IS GENERALLY IN THE FORM CF A PER OPTION CONTRACT CASH PAYMENT. RECORD OF THE SEPARATE ACCOUNT AS REQUIRED BY REGULATION T IS AVAILABLE FOR YOUR BEST EMOTION: NOTWITHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER INSPECTION UPON REQUEST. FLOW. PERSHING SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE- TAX INFORMATION COUNTER AND EXCHANGE-LISTED SECURITIES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS. TRANSMITTED ELECTRONICALLY VP TO A SPECIFIED SIZE.