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Investor Alert |
| Past Alerts Click Here | June 2007 |
| Notification to All Options Customers All options customers need to be aware that the booklet entitled "The Characteristics and Risks of Standardized Options" was recently amended. It now includes April and May 2007 Supplements which Newedge USA, as your options broker, is required to notify you of. Please review these additional supplements to the Options Disclosure Document at: http://www.theocc.com/publications/risks/riskstoc_april07_sup.pdf http://www.theocc.com/publications/risks/riskstoc_may07_sup.pdf If, for any reason you cannot access this supplement, or "The Characteristics and Risks of Standardized Options" booklet on-line, or you would like to the booklet and or the supplement mailed to you, please contact Douglas Patterson or Steve McNulty at (888) 781-0283. Your Monthly Statement This statement represents an official record of an account or accounts maintained by you at Newedge USA, LLC ("Newedge"). If you believe this statement contains or reflects an inaccuracy, error, omission, discrepancy, unrecorded dividend payments or unaccounted cash position, it is important, for your own protection, that you report it immediately to the Newedge Customer Service Department by (a) calling (888) 781-0283, AND (b) confirming such communication by letter or FAX sent to: Newedge USA, LLC, Attn: Customer Service, 220 Bush Street, Suite 650, San Francisco, CA 94104; FAX (415) 520-5633. If you believe that this account statement contains or reflects unauthorized trading activity or some other possible impermissible activity, please report it immediately to the Newedge Compliance Department by (a) calling (415) 733-3000, AND (b) confirming such communication by letter or FAX sent to: Newedge USA, LLC, Attn: Compliance Department, 220 Bush Street, Suite 650, San Francisco, CA 94104; FAX (415) 520-5633. You should also promptly notify your introducing broker of any such inaccuracies, errors, unauthorized trading, etc., both orally and in writing, to the extent applicable (Newedge is your clearing broker). You are hereby bound by all trades in your account unless you notify Newedge immediately the earlier of the time-frame set forth in your Customer Agreement or any applicable confirmation. You are hereby bound by all other items in this statement unless you notify Newedge immediately the earlier of the time-frame set forth in your Customer Agreement, any applicable confirmation, or 5 days from the date this statement is sent to you. On all matters relating to your account, any oral communications you have with your clearing or introducing broker should be confirmed with them by you in writing to protect your rights, including rights under the Securities Investors Protection Act. You may obtain information about the Securities Investors Protection Corporation ("SIPC"), including the SIPC Brochure, by contacting SIPC at (202) 371-8300, or visiting SIPC's website at http://www.sipc.org. Futures accounts are not afforded SIPC protection. Protect Your Account Password Never give your password to anyone. We suggest you change your password frequently. Now would be a good time to change your password. You should not use your social security number (SSN) or business tax identification number (TIN) as your long-term password. If you are so using, you should change your password immediately. Never give your password to anyone. If you suspect someone has your password, change it immediately and notify Newedge's customer service at (888) 781-0283. Protecting Against Online Identity Theft The fastest growing online identity theft scam is "Phishing"--a scam that uses legitimate-looking spam email to lure investors into revealing their brokerage account or bank information, Social Security numbers, passwords, and other types of confidential information. The NASD in its Investor Alert ("Phishing" and Other Online Identity Theft Scams: Don't Take the Bait), offers investors detailed tips for protecting against online identity theft, including handling of suspicious e-mails and suspicious Web sites, and keeping personal and financial information secure online. View the NASD Investor Alert at: http://www.nasd.com/Investor/Alerts/alert_hacker.htm. Source: National Association of Securities Dealers NASD Investor Information The National Association of Securities Dealers (NASD) has available online an extensive array of investor information links. Visit the NASD website at www.NASD.com and click on Investor Information at the top of website. Telephone if You Are Unable to Enter Trades Online Electronic and Internet linkages may go down at any given time. Newedge USA in no way guarantees their reliability. Newedge USA offers alternative access. If you are unable to facilitate a trade electronically, you must contact us by phone at (888) 781-0283 to facilitate trades with a registered representative. Worthless Security If you own a security that represents a bankrupt company or is trading for pennies and the commission of the sale would be greater than the proceeds, you can complete the Worthless Security form on the website at http://www.fimatpreferred.com/forms/Worthless_Security_email_PT.pdf. Your net proceeds will be approximately zero. As a result of the sale you may be able to use the loss to offset any capital gains or report a capital loss on your tax return. Please note: Newedge USA does not provide tax advice and recommends that you consult with your own tax advisor as to the consequences of the sale of worthless stock. In the event that the "worthless" security you have now sold were to become valuable, you would no longer have any right, title or interest in the security. For more information, please contact your registered representative or Customer Service at (888) 781-0283. Newedge USA, LLC Mailing: 220 Bush Street, Suite 650, San Francisco, CA 94104 Member NYSE, NASD, MSRB, NFA, SIPC and other principal exchanges Customer Service can be reached at 888-781-0283 or by email at Service@NewedgeGroup.com. Customer Service Fax is (415) 520 - 5633 Newedge USA, LLC ("Newedge"), a member of SIPC and a broker-dealer and futures commission merchant registered under US laws, makes no representations or warranty regarding the appropriateness of any transaction for any person. This sales literature is solely for informational purposes, and is not to be construed as an offer to buy or sell any security. The information herein is based on sources we believe to be reliable, but is not guaranteed by us and may be incomplete or condensed. Any opinions expressed herein are statements of Newedge's or third-party sources' as of the date indicated and are subject to change without notice. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. All futures, securities and options trading entails significant risks, which should be fully understood prior to trading. Consult your account representative for details. Past performance is not a guarantee of future results. Except as indicated otherwise, Newedge and the Newedge Group refer to all companies or divisions of companies owned directly or indirectly by Societe Generale that include the "Newedge" name. Not all products and transactions offered by Newedge are available from all companies of the Newedge Group. The views expressed herein may differ from those expressed by affiliates of Newedge, and such views do not represent or purport to represent those of such affiliates. Newedge, or one or more of its employees, may have a position in any of the securities discussed herein, including options, rights or warrants to purchase such securities. All contents of this document are for educational purposes only. Any graphics are for illustration purposes only. Newedge USA does not offer investment advice. Date of first use: May 31, 2007. Copyright Newedge USA, LLC 2007. All rights reserved. |