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la variance as investors can avoid paying for the rich HSCEI convexity below the 70% barrier. The trade
Page: HOUSE_OVERSIGHT_014987 →al ins by the U.K. regulatory regime, including the Financial Services Scheme, co not a h policies relating to conflicts of interes instrum port. I Lynch , BofA and that statements h, are not insured by America, N.A). Investments in general and, derivati lyst or event impacting erent from and do re
Page: HOUSE_OVERSIGHT_015000 →Quantitative Analysis
r the last few years, and, if we exclude the cash-rich Technology sector, leverage is approaching all-t
Page: HOUSE_OVERSIGHT_023078 →nterest are described at http://go.bofa.com/coi. ments linked to securities that may have been recommended in this report. ML instrum port. sed on I Lynch , BofA errill Lynch and are not publicly-available materials. Any unautl s Coverage Cluster. Short ation of the ideas expressed in this report may
Page: HOUSE_OVERSIGHT_023095 →via bullish X-market risk reversals Steet Selling rich USO (WTI tracker) 3M 25d puts to fund cheaper SXE
Page: HOUSE_OVERSIGHT_025978 →ecurities or other financial instruments and that such o seek advice regarding the applicability of such regu ations prior to ies and instruments, I Lynch entities a.com/col. ments linked to securities that may have been recommended in this report. MLPF&S or one of its affiliates may, at any time, hol
Page: HOUSE_OVERSIGHT_026003 →Entities connected to both Marc Rich and I Lynch

Donald Trump
PERSON
Barack Obama
PERSON
United Kingdom
LOCATION
U.S. Treasury
ORGANIZATION
Bank of America
ORGANIZATION
Michael Bloomberg
PERSONPierce, Fenner & Smith Incorporated
ORGANIZATION
Seoul
LOCATION
Frankfurt
LOCATION
Bank of America Corporation
ORGANIZATION
Merrill Lynch
ORGANIZATION
Nasdaq
ORGANIZATIONUtilities
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONThe Monetary Authority of Singapore
ORGANIZATIONHans Mikkelsen
PERSONMerchant Bank
ORGANIZATIONBaFin
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATION