AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants Frank M. Sims, Jr., as Trustee of the Sims Charitable Remainder Trust, Frank McNair Sims IRA, Donald Wild IRA, Harriet Wild IRA, and Bruce T. Stubbs, M.D. 401K and Respondents McDonald Investments, Inc., and UBS Financial Services, Inc. ____ Case Number: 04-05109 Hearing Site: Detroit, Michigan Customers v. Members NATURE OF DISPUTE REPRESENT

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Raymond James Financial Services, Inc. and 04-05106 Nashville, Tennessee Name of Respondent Jimmie Duane Ross Nature of the Dispute: Member vs. Associated Person. REPRESENTATION OF PARTIES Raymond James Financial Services, Inc. ("Claimant") was represented by Leslie A. Reese, Esq., Raymond James Financial Services, Inc., St. Petersburg, Florida. J

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Barbara N. Simmons v. 04-05104 Minneapolis, Minnesota Respondent RBC Dain Rauscher, Inc. Nature of Dispute: Associated Person v. Member REPRESENTATION OF PARTIES Barbara N. Simmons ("Claimant") was represented by F. Chet Taylor, Esq., of Meikle & Taylor, P.A., Minneapolis, Minnesota. RBC Dain Rauscher, Inc. ("Respondent'*) was represented by Melissa Rapha

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Moutz Soudani (Claimant) v. HSBC Brokerage (USA), Inc. 17k/a Marine Midland Securities (Respondent) Case Number: 04-05101 Hearing Site: New York, New York Nature of the Dispute: Customer v. Member REPRESENTATION OF PARTIES Claimant Moutz Soudani hereinafter referred to as "Claimant" appeared pro se. Previously represented by William Paul Nolan, Esq., The Nolan Firm, New York, NY

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 04-05098 Margie Jones Names of the Respondents Hearing Site: New Orleans, LA American General Securities, Inc. Leroy Jack Smith Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Margie Jones, hereinafter referred to as "Claimant": Cynthia H. Speetjens, Esq., Cynthia Speetjens, P.A.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Ron A. DeSilva, (Claimant) vs. First Union Securities, Inc. (Respondent) Case Number: 01-01785 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimants, Ron A. DeSilva ("DeSilva") and Ron A. DeSilva IRA ("DeSilva IRA"), hereinafter referred to as "Claimants": Robert G. Heim, Esq., Meyers & Heim, LLP, New York, NY. Respondent, First Union Securities, hereinafter ref

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-05096 Patricia A. Dooley, Claimant v. Quick & Reilly, Inc. and Jorge Pereira, Respondents ATTORNEYS: For Claimant Patricia A. Dooley ("Claimant") appeared Jill Gross, of John Jay Legal Services, Inc., White Plains, NY. For Respondents Quick & Reilly, Inc. and Jorge Pereira (collectively "Respondents") appeared Matthew S. Diggins, Esq., in-house counsel, Quick & Reilly, Inc., New York, NY.

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-05095 Jasper Najarian, Claimant v. Morgan Stanley DW> Inc., Ryan Roloff, and Janie Lynn Voita, Respondents ATTORNEYS: Claimant Jasper Najarian ("Claimant") appeared pro se, Fresno, CA. For Respondents Morgan Stanley DW» Inc., Ryan Roloff, and Janie Lynn Voita (collectively "Respondents") appeared Mukya S. Porter, Esq., in-house counsel, Morgan Stanley DW, Inc., San Francisco, CA, NAT

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Fernand W. and Dorothy R Vanier, Trustees of The Vanier Trust U/A DTD 11/17/98, Claimant v. Charles Schwab & Co., Inc., Respondent Case Number: 04-05093 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Member REPRESENTATION OF PARTIES For Claimant: Fernand W. Vanier Co-Trustee of the The Vanier Trust U/A DTD 11/17/98 Westlake Village, California

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Upasna Jhaveri (Claimant) v. Citigroup Global Markets, Inc., Timothy Stauffer, Jon P. Ramey, William M. Ward (Respondents) Case Number: 04-05092 Hearing Site: Cincinnati, Ohio Nature of the Dispute: Customer vs. Member and Associated Persons. , REPRESENTATION OF PARTIES Claimant Upasna Jhaveri, hereinafter referred to as "Claimant": Robert A. Klinger, Esq., Robert A. Klinger Co.