Focus Report Sec Form X 17a 5 (Page 11 of 15) in pdf

FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT

PART II

BROKER OR DEALER

as of _____________________

COMPUTATION FOR DETERMINATION OF RESERVE REQUIRTEMENTS

FOR BROKER-DEALERS UNDER RULE 15c3-3 (continued)

EXEMPTIVE PROVISIONS

28. If an exemption from Rule 15c3-3 is claimed, identify below the section upon which such exemption is based (check only one)

A. (k)(1) — $2,500 capital category as per Rule 15c3-1 .................................................................................................................

4550

B. (k)(2)(A) — “Special Account for the Exclusive Benefit of customers” maintained .......................................................................

4560

C. (k)(2)(B) — All customer transactions cleared through another broker-dealer on a fully disclosed basis.

Name of clearing firm

4335

4570

D. (k)(3) — Exempted by order of the Commission ..........................................................................................................................

4580

Information for Possession or Control Requirements Under Rule 15c3-3

State the market valuation and number of otems of:

1. Customers’ fully paid securities and excess margin securities not in the respondent’s possesion or control as of the report date

(for which instructions to reduce to possession or control had been issued as of the report date) but for which the required

action was not taken by respondent within the time frame specified under Rul 15c3-3. Notes A and B ........................................ $

4586

A. Number of items ....................................................................................................................................................................

4587

2. Customers’ fully paid securities and excess margin securities for which instructions to reduce possession or control had not

been issued as of the report date, excluding items arising from “temporary lags which result from normal business operations”

as permitted under Rule 15c3-3. Notes B, C and D ...................................................................................................................... $

4588

A. Number of items ....................................................................................................................................................................

4589

OMIT PENNIES

3. The system and procedures utilitzed in complying with the requirement to maintain physical possession or control of

customers’ fully paid and excess margin securities have been tested and are functioning in a manner adequate to

fulfill the requirements of Rule 15c3-3 .............................................................................. Yes

4584 No

4585

NOTES

A— Do not include in item one customers’ fully paid and excess margin securities required by Rule 15c3-3 to be in possession or control but for which no action was

required by the respondent as of the report date or required action was taken by respondent with the time frames specified under Rule 15c3-3.

B— State separately in response to items one and two whether the securities reported in response thereto were subsequently reduced to possession or control by the

respondent.

C— Be sure to include in item two only items not arising from “temporary lags which result from normal business operations” as permitted under Rule 15c3-3.

D—Item two must be responded to only with report which is filed as of the date selected for the broker’s or dealer’s annual audit of financial statements, whether or not such

date is the end of a calendar quarter. The response to item two should be filed within 60 calendar days after such date, rather than with the remainder of this report. This

information may be required on a more frequest basis by the Commission or the designated examining authority in accordance with Rule 17a-5(a)(2)(iv).

SEC 1695 (07-02) 19 of 28