EFTA Document EFTA01470059

Account Number: N4G-026161 Statement Period: 07/01/2014 - 07/31/2014 SOUTHERN FINANCIAL LLC 6100 RED HOOK QUARTER B3 ST THOMAS VI 00802 Valuation at a Glance Beginning Account Value Net Cash Deposits and Withdrawals Adjusted Previous Account Value Dividends, Interest and Other Income Total Taxes Withheld Ending Account Value Estimated Annual Income Your Client Advisor: Commission Amount: $0.00 This Period $63,006.89 170,000.00 233,006.89 2.39 -0.72 $233,008.56 $11.82 Year-to-Date $63,000.29 170,000.00 233,000.29 11.82 -3.55 $233,008.56 Asset Allocation USD Cash, Money Funds, and Bank Depositsl Account Total Prior Year-End 63,000.29 $63,000.29 1 The Bank Deposits in your account are FDIC insured bank deposits. Last Period 63,006.89 $63,006.89 FDIC 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. 233,008.56 This Period % Allocation 100.00% $233,008.56 EFTA01470059 100.00% Your Account is 100% invested in USD Cash, Money Funds, and Bank Deposits. Page 1 of 6 A0098161CSF30017 EFTA01470060 FDIC Insured Bank Deposits Date Activity Type Sweep FDIC Insured Bank Deposits INSURED DEPOSITS PROGRAM Account Number: N4G026161 Opening Balance 07/01/14 07/10/14 07/15/14 07/16/14 07/31/14 Deposit Deposit Withdrawal Closing Balance Total FDIC Insured Bank Deposits Activity Ending: 07/31/14 DEPOSIT INTEREST CREDITED APY 0.03% WITHDRAWAL Deutsche Bank Trst Co A/0 07/16 $233008.56 $233,008.56 $233,008.56 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 $250,000 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 Interest Income FDIC Insured Bank Deposits Total Dividends, Interest, Income and Expenses Portfolio Holdings Description Total FDIC Insured Bank Deposits Total Cash, Money Funds, and Bank Deposits Total Portfolio Holdings A0098161CSF30017 Account Number: N4G-026161 SOUTHERN FINANCIAL LLC Current Period Taxable 2.39 $2.39 Year-to-Date Non Taxable EFTA01470061 0.00 $0.00 Taxable 11.82 $11.82 Non Taxable 0.00 $0.00 63,006.89 170,000.00 2.39 -0.72 63,006.89 233,006.89 233,009.28 233,008.56 Description Amount Balance Quantity Cash, Money Funds, and Bank Deposits 100.00% of Portfolio FDIC Insured Bank Deposits INSURED DEPOSITS PROGRAM 233,008.560 Opening Balance Closing Balance 63,006.89 $63,006.89 $63,006.89 233,008.56 $233,008.56 $233,008.56 Market Value $233,008.56 Accrued Income 3.06 $3.06 $3.06 Accrued Interest $0.00 Income This Year 11.82 $11.82 $11.82 Estimated Annual Income EFTA01470062 $11.82 Page 2 of 6 30-Day Yield N/A EFTA01470063 Statement Period: 07/01/2014 - 07/31/2014 Messages Customer Collateral Account Under Securities Account Control Agreement Although a money market mutual fund seeks to preserve the value of your investment at $1 per 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. Federal Deposit Insurance Corporation (FDIC)-Insured Bank Deposits are not protected by Securities Investor Protection Corporation.(SIPC). For disclosure of rates for DWS money market funds, please visit the DWS Investments website at https://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. Deutsche Bank has combined its asset and wealth management operationsaincluding Deutsche Bank Alex. Brownainto a single division operating under the Deutsche Asset & Wealth Management brand and future communications will reflect this change. Your account will continue to be serviced by and securities will continue to be offered through Deutsche Bank Securities Inc., a registered broker-dealer and investment adviser, which conducts investment banking and securities activities in the United States. Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. The new brand name has no effect on your account. Your portfolio and holdings will not change as a result of the rebranding. Activity Summary (All amounts shown are in base currency) Credits Dividends and Interest Taxes Withheld Cash Deposits Total Cash FDIC Insured Bank Deposits Total Credits This Period $2.39 $0.00 170,000.00 $170,000.00 $0.72 $170,003.11 Year-to-Date $11.82 $0.00 170,000.00 $170,000.00 $3.55 $170,015.37 EFTA01470064 Debits Dividends and Interest Taxes Withheld Cash Deposits Total Cash FDIC Insured Bank Deposits Total Debits This Period $0.00 -$0.72 0.00 $0.00 -$170,002.39 -$170,003.11 Year-to-Date $0.00 -$3.55 0.00 $0.00 -$170,011.82 -$170,015.37 Page 3 of 6 A0098161CSF30017 Account Number: N4G-026161 SOUTHERN FINANCIAL LLC EFTA01470065 Transactions by Type of Activity Process/ Settlement Date Activity Type Dividends and Interest 07/15/14 FDIC INSURED BANK DEPOSITS INTEREST RECEIVED 458997996 Total Dividends and Interest - UNITED STATES DOLLAR Taxes Withheld 07/15/14 NON-RESIDENT ALIEN TAX 458997996 Total Taxes Withheld - UNITED STATES DOLLAR Cash Withdrawals and Deposits 07/09/14 CUSTOMER AUTHORIZED TRANSFER USD999997 FDIC Insured Bank Deposits 07/10/14 07/15/14 07/16/14 FDIC INSURED BANK DEPOSIT USD999997 FDIC INSURED BANK DEPOSITS INTEREST REINVESTED 458997996 FDIC INSURED BANK WITHDRAWAL USD999997 Total Value of Transactions The price and quantity displayed may have been rounded. Client Service Information Your Client Advisor: TDS TAZIA SMITH 345 PARK AVENUE 14TH FLOOR NEW YORK NY 10154 TRANS FRM N4G-023804 Total Cash Withdrawals and Deposits UNITED STATES DOLLAR INSURED DEPOSITS PROGRAM INSURED DEPOSITS INTEREST REINVESTED INSURED DEPOSITS PROGRAM Total FDIC Insured Bank Deposits - UNITED STATES DOLLAR 0.00 0.00 EFTA01470066 0.00 NRA TAX WITHHELD ON INSURED DEPOSITS INTEREST CREDITED 0.00 Description Quantity INSURED DEPOSITS INTEREST CREDITED 0.00 Price Accrued Interest Amount Currency 2.39 USD 2.39 -0.72 USD -0.72 170,000.00 USD 170,000.00 -170,000.00 USD -2.39 USD 0.72 USD -170,001.67 0.00 USD Contact Information Telephone Number: (212) 454-2889 Page 4 of 6 A0098161CSF30017 Account Number: N4G-026161 SOUTHERN FINANCIAL LLC EFTA01470067 Statement Period: 07/01/2014 - 07/31/2014 Your Account Information 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 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 Client Advisor for more information. Important Information and 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 have been obtained from sources which we believe to be reliable. Pershing may not use the closing price of the particular exchange or marketplace where your position was purchased as the "Market Price." Securities for which a price is not available are marked ""N/A"" and are omitted from the Total. THE AS OF PRICE DATE ONLY APPEARS WHEN THE PRICE DATE DOES NOT EQUAL THE STATEMENT 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.com/business_continuity.html for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. 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. Foreign Currency Transactions Pershing may 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 will not exceed the highest interbank conversion rate identified from customary banking sources on the EFTA01470068 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. The Role of Pershing • • • Pershing carries your account as 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 Page 5 of 6 A0098161CSF30017 Account Number: N46-026161 SOUTHERN FINANCIAL LLC EFTA01470069 Important Information and Disclosures (continued) The Role of Pershing (continued) 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 (SIPC® ). 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/strength_stability.html. This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading), to your financial organization and Pershing, within ten days after receipt of this statement. 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 LLC; Legal Department; One Pershing Plaza; Jersey City, New Jersey 07399; (201) 413-3330. 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 EFTA01470070 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 (III) 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; (201) 413-3330. Page 6 of 6 A0098161CSF30017 Account Number: N4G-026161 SOUTHERN FINANCIAL LLC EFTA01470071