THE CLIENT ALLEGES MISREPRESENTATION OF THE RESERVE YIELD PLUS FUND (RYPQX).

$79,800.12

$35,000.00

THE CUSTOMER DISPUTE IN QUESTION WAS RAISED AGAINST THE FIRM, NOT ME PERSONALLY AND DID NOT ASSERT OR ALLEGE ANY CONCERNS WITH MY ROLE AS AN INVESTMENT CONSULTANT OR THE SERVICES I PROVIDED. THE SETTLEMENT WAS MADE BETWEEN THE CUSTOMER AND FIRM, AND AS A NON-PARTY I WAS NOT PERMITTED TO CONTRIBUTE ANY PERSONAL FUNDS TO THE SETTLEMENT - MY CONTRIBUTION WAS $0.00. I DID NOT HAVE ANY SUPERVISORY RESPONSIBILITIES THAT INVOLVED THIS DISPUTE. I AM LISTED ON THIS DISCLOSURE SIMPLY DUE TO THE FACT THAT I WAS THE ASSIGNED INVESTMENT CONSULTANT AT THE TIME OF THE OCCURRENCE NOTED IN THE DISPUTE. SPECIFICALLY, THE CUSTOMER DISPUTE INVOLVED AN EVENT WHERE CERTAIN RESERVE FUNDS, INCLUDING THE RESERVE YIELD PLUS FUND ("RYP FUND") PRODUCT AT THE CORE OF THE UNDERLYING CLAIM, "BROKE THE BUCK" AND THE DAILY PRICE OF SUCH PRODUCTS FELL BELOW $1.00, RESULTING IN THE CUSTOMER FILING A COMPLAINT AGAINST THE FIRM. THIS CLAIM STEMS FROM A SEPARATE 2011 CASE INVOLVING THE RYP FUND WHICH THE FIRM, TD AMERITRADE, ON A FIRMWIDE BASIS, SETTLED REGULATORY ISSUES CONNECTED TO ITS SUPERVISORY AND OTHER PRACTICES (SEE SEC ADMIN. PROCEEDING NO. #3-14255).