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ility of the Bank’s sales and trading businesses relating to the class of securities or financial instruments for which such analyst is responsible. BofA Merrill Lynch Global Credit Research analysts regularly interact with sales and trading desk personnel in connection with their research, including to ascertain pricing and liquidity in
Page: HOUSE_OVERSIGHT_014729 →mong others, m instruments may be difficult to income from suc lose their entire principal inves Futures and options are not ap disclosure documents. Investm BofA Merrill Lyne! action may be limited by regulations prohibiting or restricting "shortse executing any short idea con This report may contain a tra
Page: HOUSE_OVERSIGHT_014730 →®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure
d/or one or more o istributed to F&S and not such ributed in the Uni ntern K): Merrill Lynch In d, regulated by the A mmission (HKSFC); ated by the Investm ores; Merrill Lynch al Services Agency; of America Merrill al Market Authori ed K ational Limited, w Ly y. Lynch Interna ation by and Excl the d
Page: HOUSE_OVERSIGHT_014999 →up 6.75% on the back of a strong seasonal rally errill Lynch Global Research. Prices reflective of most recently available dat
. Wi n Germany and F&S and/or one or more o istributed to F&S and not such K): Merrill Lynch In d, regulated by the A mmission (HKSFC); ated by the Investm ores; Merrill Lynch al Services Agency; errill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regul hange Board of India; Merri Lynch Israe
Page: HOUSE_OVERSIGHT_023609 →Entities connected to both BofA Merrill Lynch Global Credit Research and Investm

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