<table><tr><th>From:</th><th>Barrett, Paul S&lt;</th></tr><tr><td>Sent:</td><td>Wednesday, June 13, 2012 2:17 PM</td></tr><tr><td>To:</td><td>Epstein, Jeffrey Oeevacation@gmail.com)</td></tr><tr><td>Cc:</td><td>Giuffrida, David J; Ens, Amanda</td></tr><tr><td>Subject:</td><td>3 things:</td></tr></table>

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Jeffrey

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=p class="MsoListParagraph" style="text-indent:-.25in;mso-list:ll lev=l1 Ifo2">1. = Our Altria Market Plus Note fixes today. We invested $3MM. Will get=back around $4MM. We are looking at some alternatives.

2.<=pan style="font-size:11.0pt;font-family:"Calibri","sans=serif"">Dec 2012 Brent is at 96.50. We can buy a 112 Call and sel= a 82 Put. Cashless.

3. &nb=p; FINRA now re=uires us to ask about assets held away for each account. You can disclos= it or decline to answer. Will address this when we next speak.</=:p>

Paul

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Paul Barrett, CFA
Global Inve=tment Opportunities Group

NMLS ID# 853441

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