Our Partners In Success

Our correspondent relationship with Hilltop Securities exists for one major purpose: to provide professional clearing services to our clients in an efficient and cost-effective manner. Hilltop Securities commits all efforts and resources towards satisfying the needs of a diverse group of institutional as well as individual investors.

With us, your account is being carried by Hilltop Securities. This means Hilltop securities will be responsible for:

• Maintaining books and records detailing transactions in your account
• Preparing confirmations and statements showing purchases and sales of securities and related activity including receipt and delivery of securities and monies
• Collecting and distributing of dividends
• Reflecting money market fund and bank insured bank deposit program sweep activity on your monthly or quarterly statements (individual trade confirmations for sweep transactions and dividend reinvestments will not be provided)
• Providing margin credit
• Reviewing requests for extension of payment
• Filling of various regulatory reports

Hilltop Securities provides observance of applicable industry rules and practices in the extension of credit, which includes compliance with:

• Regulation T of the Federal Reserve Board (FRB)
• Regulations of the Financial Industry Regulatory Authority (FINRA)
• Application of Hilltop Securities' own house margin maintenance requirements

Hilltop Securities is a member of the Securities Investor Protection Corporation (SIPC) which provides customers with insurance protection. While in the possession of Hilltop Securities and in accordance with Federal Regulations pertaining thereto, Hilltop Securities will provide safeguarding of your funds and securities.

Effective July 1, 2014, there will be a change in the Excess of SIPC Insurance Coverage that Hilltop Securities purchases from the London Insurance Market. The over aggregate limit of liability with respect of all customers will remain unchanged at $150,000,000 as will the allocation within the aggregate for coverage of Cash at $900,000 for any one Customer. There will however be a sub limit in the Customer Securities Component which will restrict coverage with respect of any one Customer to a maximum of $25,000,000. This coverage is offered over and above the coverage provided by the Securities Investor Protection Corporation which protects securities in your brokerage account up to $500,000 and cash balances up to $250,000 which may be in cash awaiting reinvestment. SIPC and the Excess of SIPC Insurance Coverage Policy do not protect against losses due to fluctuations in the market.

You may obtain information about SIPC, including an explanatory brochure, on its website at www.sipc.org, or by telephone at (202)-371-8300.