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garding the risks involved with investing in listed options: http:/Awww.theocc.com/about/publications/character-risks.jsp. Analyst Certification |, Adarsh Sinha, hereby certify that the views expressed in this research report about securities and issuers accurately reflect the research model applied in such a
Page: HOUSE_OVERSIGHT_010613 →ill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS); Merrill Lynch (Canada): Merrill Lynch Canada Inc, regulated by the Investment Industry Regulatory Organization of Canada; Merrill Lynch (Mexico): Merrill Lynch Mexico, SA de CV, Casa de Bolsa, regulated by the Comisidn Nacional Bancaria y de Valores; Merrill Lynch (Arge
Page: HOUSE_OVERSIGHT_010614 →Investment Strategy
K/USD Kamal Sharma 01/03/20 04/05/2016 Long RUB/ZAR David Hauner 22/01/20 17/05/2016 FX Short EUR/SEK Kamal Sharma 22/01/20 08/07/2016 Long JPY/KRW Adarsh Sinha 22/01/20 31/03/2016 Long USD/CAD lan Gordon 28/07/20 07/07/2016 Short EUR/JPY Athanasios Vamvakidis | 21/01/20 30/09/2016 Short EUR/USD Athanasios
Page: HOUSE_OVERSIGHT_014455 →ill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS): Merrill Lynch (Canada): Merrill Lynch Canada Inc, regulated by the Investment Industry Regulatory Organization of Canada; Merrill Lynch (Mexico): Merrill Lynch Mexico, SA de CV, Casa de Bolsa, regulated by the Comision Nacional Bancaria y de Valores; Merrill Lynch (Arge
Page: HOUSE_OVERSIGHT_014457 →ica Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 41 Merrill Lynch HOUSE_OVERSIGHT_014771 --- PAGE BREAK --- Cheapest tail-risk Hedges Adarsh Sinha Ralph Axel Merrill Lynch (Hong Kong) MLPF&S [email protected] [email protected] Gabriele Foa Tony Morriss MLI (UK) Merrill Lynch (Australia)
Page: HOUSE_OVERSIGHT_014772 →); Merrill Lynch (Singapore): Merrill Lynch (Singapore) Pte Ltd, regu Singapore (MAS); Merrill Lynch (Canada): Merrill Lynch Canada Inc, regulated by the Investment Industry Regulatory Organization of Canada; Merrill Lynch (Mexico): Merrill Lynch Mexico, SA de CV, Casa de Bolsa, regulated by the Comisidn Nacional Bancaria y de Valores; Merrill Lynch (Arge
Page: HOUSE_OVERSIGHT_014785 →Entities connected to both Adarsh Sinha and the Investment Industry Regulatory Organization of Canada

United Kingdom
LOCATION
Bank of America
ORGANIZATIONMerchant Bank
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Merrill Lynch Global Wealth Management
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Merrill Lynch
ORGANIZATIONMerrill Lynch International Bank Limited
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the Financial Services Agency
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONMerrill Lynch International
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Donald Trump
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Frankfurt
LOCATIONBank of America Merrill Lynch International Limited
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Seoul
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Michael Bloomberg
PERSONBaFin
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BANA Australia
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATIONThe Financial Service Board
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONDSP Merrill Lynch Limited
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