nations and enforcement actions. Before entering private practice, Mr Schwartz was on the staff of the SEC's Division of Market Regulation (now the Division of Trading and Markets) at the Office of Financial Responsibility Risk Management and Control. Mr. Schwartz received his J.D. from the University of Maryland School of Law

tranches. Tannin: Matthew M. Tannin, Chief Operating Officer of the Hedge Funds, a Managing Director of BSAM and a Director of BSC. TM: The SEC's Division of Trading and Markets. VaR: Value at Risk. xiv EFTA00316728 Case 1:08-cv-02793-RWS Document 102 Filed 02/27/09 Page 16 of 347 Court-appointed Lead Plaintiff, The St