EFTA00197178¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
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| :--- | :--- |¶
| ACCOUNT EXECUTIVE | GNMA GOVT BOND |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
Important Message¶
Bear Stearns is pleased to announce our conversion to a calendar month-end statement. Effective this month, your account statement reflects all activity and account valuation up to and including the last business day of the month.¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
| FINANCIAL TRUST CO INC |
| C/O JEFFREY EPSTEIN |
| 6100 RED HOOK QUARTER |
| SUITE B3 |
| ST THOMAS VI 00802 |
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Premise or Third Party Repurchase Agreements with Bear, Stearnsand Co. Inc. outstanding as of date of statement¶
| PURCHASE/ START DATE | REPURCHASE/ END DATE | PURCHASE PRICE/ PRINCIPAL | PRICING RATE | REPO/ ACCRUED INTEREST* | NET AMOUNT |
|---|---|---|---|---|---|
| 09/29/03 | OPEN | 4,396,000 | 0.660 | 169 | 4,396,169.73 |
| TOTAL REPURCHASE TRANSACTIONS | $169 | $4,396,169.73 | |||
TAXPAYER NUMBER Not Available¶
FINANCIAL TRUST CO INC¶
AGCOUNT NUMBER¶
| LAST STATEMENT | August 29, 2003 |¶
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As of statement date¶
STATEMENT PERIOD August 30, 2003¶
THROUGH September 30, 2003¶
The above positions do not appear in any other section of this statement.¶
Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.¶
This summary is for informational purposes only. It is not intended as a tax document.¶
This statement should be retained for your records. See reverse side for important information.¶
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V813¶
EFTA00197179¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 5¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Your next statement will be December 2003 and will reflect all activity from October, November and December.¶
FINANCIAL TRUST CO INC¶
Your messages¶
Effective October 2003, you will receive account statements on a quarterly basis only. Statements will generate at the end of March, June, September and December. The statements will reflect all activity throughout the quarter since the last statement date.¶
Please contact your account executive with any questions.¶
INTRODUCING QUARTERLY STATEMENTS¶
Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements:¶
At May 31, 2003 and July 31, 2003, the Company’s net capital of approximately $2.4 billion and $3.0 billion was approximately 6% and 7% of aggregate debit items and exceeded the minimum regulatory net capital requirement of approximately $799.5 million and $904.4 million by approximately $1.6 billion and $2.1 billion, all respectively.¶
A complete copy of the Bear, Stearns Securities Corp. Statement of Financial Condition is available on the web site www.bearstearns.com. Alternatively, to request a free printed copy please call - toll free 1-866-299-9331.¶
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V813¶
EFTA00197180¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
3 of 5¶
Bear, Steams Securities Corp.¶
One Mebrotech Center North¶
Brooklyn, New York 11201-3859¶
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You can lose more funds than you deposit in the margin account.
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The firm can sell your securities or other assets without contacting you.
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The firm can force the sale of securities or other assets in you account(s).
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You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call,
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The firm can increase its “house” maintenance margin requirements at any time and is not required to provide you advance written notice,
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You are not entitled to an extension of time on a margin call.
Securities and other assets in your account are the firm’s collateral for any margin loan made to you. If the securities and other assets 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 held with the member, 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:¶
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD August 30, 2003¶
THROUGH September 30, 2003¶
TAXPAYER NUMBER Not Available¶
| LAST STATEMENT | August 29, 2003 |¶
| :--- | :--- |¶
This statement is provided to explain Bear, Stearns & Co., Inc.’s (“BSC”) payment for order flow practices.¶
BSC routes a majority of orders for customer securities transactions to the primary market for such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge.¶
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EFTA00197181¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
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suant to SEC Rule 11Ac1-6, please note the following¶
Bear, Stearns & Co. Inc. will post its quarterly routing statistics at the following web link: http://www.bearstearns.com/, Click on Individual Investor, Click on Equities, Click on Order Routing Practices.¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Customers of Bear, Stearns & Co. Inc. may request information on any order executed within the prior six months from the time of the request. Specifically, you may request the identity of the venue to which the identified orders were routed for execution, whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders.¶
******* End of Statement*******¶
ACCOUNT NUMBER¶
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD August 30, 2003¶
THROUGH September 30, 2003¶
TAXPAYER NUMBER Not Available¶
| LAST STATEMENT | August 29, 2003 |¶
| :--- | :--- |¶
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EFTA00197182¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
5 of 5¶
Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST CO INC¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
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