Award NASD Dispute Resolution In the Matter of the Arbitration Between: Donald E. Armstrong, individually and as Trustee of the Donald E. Armstrong Family Trust dtd 9/2/83, Claimant v. Morgan Stanley & Co., Incorporated, Morgan Stanley DW Inc., Theodore T. Rutter, Brian C. Goodwin and Richard A. Russian, Respondents Case Number: 03-03923 Hearing Site: Salt Lake City, Utah Nature of the Dispute: Customer v. Members and Associated Persons REPRESENTATI

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-03919 A.G. Edwards & Sons, Inc. Name of the Respondent _____ Hearing Site: Orlando, Florida Christopher R. Brandcn Nature of the Dispute: Member vs. Associated Person. REPRESENTATION OF PARTIES For A.G. Edwards & Sons, Inc., hereinafter referred to as '"Claimant": Michael Naccarato, Litigation Counsel with Claimant, St. Louis, Missouri.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: ™' 01-01380 Raymond, James & Associates, Inc. n f thf Respondent H^P^ng ftite- Indianapolis, Indiana Mark C. Holstrom ° Stacia L. Yoon, Esq., of Kopko Genetos & Reson LLP, located in Merriville, Indiana represented Claimant Raymond James & Associates, Inc. (Claimant). Paul A. Leonard, Jr., Esq., of Goodman Ball Van Bokkelen & Leonard, P.C., located in Highland, India

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-03918 Morgan Keegan & Company, Inc., Claimant v. James Luke Patterson, Respondent, ATTORNEYS: For Claimant appeared in-house counsel J,P, Brizzolara, Esq., Memphis, TN- Respondent did not respond to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: May 30, 2003 CASE SUMMARY: Claimant alleged that Respondent failed to repay monies owed pursuant to the

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Benjamin Cobrin Names of the Respondents Morgan Stanley Dean Witter Co, Thomas L. Chalmers Case Number: 03-03915 Hearing Site: Boca Raton, Florida Nature of the Dispute: Customer vs. Member and Associated Person. t REPRESENTATION OF PARTIES For Benjamin Cobrin, hereinafter referred to as "Claimant": David S. Ratner, Esq., Benedict

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number. 03-03913 Gail A. Hickox Gail A. Hickox, Trustee for the Robot Hickox U/A DTD 02/24/95 Trust Name of the Respondents Hearing Site: Washington, D.C. Merrill Lynch, Pierce, Fenner & Smith Incorporated Elizabeth T.Vick Nature of Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES Claimant Gail A, Hickox i

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimants Edward R. Scott, Jr. and Elizabeth Scott Name of the Respondents Goldman Sachs & Co. and Kirk Rimer Case Nlumher: 03-03912 Hearing Site: Albuquerque, New Mexico Nature of the Dispute: Customers vs. Member and Associated Person REPRESENTATION OF PARTIES Claimants, Edward R. Scott, Jr. and Elizabeth Scott ("Scott"), hereinafter collectively referred t

Award NASD Dispute Resolution In the Matter of the Arbitration Between: fi]" 03-03910 Oddibe and Sylvia McDowell H ff ? r hg Si tfV Dallas, Texas Ameritrade, Inc N ATTTRff Of TTTTT T>|SPTTTF Public Customers v. Member Firm RFPP1TSFNT ATTOi flF Claimants Oddibe and Sylvia McDowell, hereinafter collectively referred to as "Claimants": Oddibe McDowell of Richardson, Texas. Respondent Ameritrade, Inc., hereinafter ref

NASD DISPUTE RESOLUTION STIPULATED AWARD IN THE MATTER OF THE § ARBITRATION BETWEEN: § § ELAINAA.KUNG, § § Claimant, § § CASE NO. 03-03908 v. § DALLAS, TEXAS § CITIGROUP GLOBAL MARKETS, INC., § THOMAS SIMMS RALEY § and PHILLIP MARKS, § NATURE OF CASE Customer v. Member Firm and Associated Person. REPRESENTATION OF PARTIES Claimant Elaina A. Kung was represented by Rachel Hranitzky, Esq., of Chamblee & Ryan, P.C.,

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-03905 E*Trade Securities, LLC, Claimant vs. Douglas M. Rule & Alison P. Rule, Respondents. ATTORNEYS: Claimant, E*Trade Securities, LLC, ("Claimant"), appeared through its in-house counsel John Bersin, Rancho Cordova, CA. Respondents, Douglas M. Rule and Alison P. Rule, ("Respondents"), did not submit a response to the Statement of Claim. NATURE OF DISPUTE: Member v. Customers DATE F