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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 →onal del Mercado De Valores; Merrill Lynch (Brazil): Bank of America Merrill Lynch Banco Multiplo S.A., regulated by Comissdo de Valores Mobiliarios; Merrill Lynch KSA Company, errill Lynch Kingdom of Saudi Arabia Company, regulated by the Capital Market Authority. This research report: has been approved for publication and
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 →onal del Mercado De Valores; Merrill Lynch (Brazil): Bank of America Merrill Lynch Banco Multiplo S.A., regulated by Comissao de Valores Mobiliarios; Merrill Lynch KSA Company, ertill Lynch Kingdom of Saudi Arabia Company, regulated by the Capital Market Authority. This research report: has been approved for publication and
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 →ch d the Prudential Regulation Authority (Hong Kong): Merrill Lynch (Asia lated by the Monetary Authority of Israel}: Merrill Lynch Lynch lidrios; Merrill Lynch KSA Company, each is defined in the rules of the by the PRA and regulated by the FCA and the PRA, and is distributed in the UK to Bank of Ireland and subject
Page: HOUSE_OVERSIGHT_014785 →Entities connected to both Adarsh Sinha and Merrill Lynch KSA Company

Merrill Lynch
ORGANIZATION
Bank of America
ORGANIZATIONMerchant Bank
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATION
Frankfurt
LOCATIONMerrill Lynch Canada Inc
ORGANIZATION
United Kingdom
LOCATION
Merrill Lynch Global Wealth Management
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATIONThe Financial Service Board
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATION
Michael Bloomberg
PERSONMerrill Lynch Equities (Australia) Limited
ORGANIZATION
Donald Trump
PERSON
Seoul
LOCATION
the Financial Services Agency
ORGANIZATION