u4 ....,..,.w. inn mot SOUTHERN F IIICAL CON F I DAENTIAL "a"' SDW_GM 00049633 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0012457 EFTA_OO16O242 EFTA01291728 Important Information and Disclosures (continued) The Role of Pershing (continued) • Inquiries concerning the positions ano balarc