____________________________________________________________________________________ National Association of Securities Dealers 9509 Key West Avenue Rockville, MD 20850 (800) 289-9999 October 17, 2005 NASD BROKERCHECK RESPONSE TO REQUEST FOR INFORMATION The Board of Governors of the National Association of Securities Dealers, Inc. (NASD) has adopted a public disclosure policy which permits certain types of disciplinary information on NASD member firms and their associated persons to be available to the general public. Section 15A(i) of the Securities Exchange Act of 1934, as amended, requires registered securities associations to respond to inquiries regarding disciplinary actions involving its members and their associated persons. NASD believes that the general public should have access to information which will help them in their determination whether to conduct or continue to conduct business with an NASD member or any of the member's associated persons. In that regard, enclosed please find the information that you have requested. A list of the terms and conditions of NASD BrokerCheck is as follows: NASD BrokerCheck Terms and Conditions 1. NASD collects, compiles, organizes, indexes, digitally converts and maintains regulatory information from registered persons, member firms, government agencies and other sources and maintains information in the proprietary Central Registration Depository ("CRD(r)") database and system. NASD releases such information through NASD BrokerCheck, which provides information from CRD system to the investing public. Your access to NASD BrokerCheck information provided through NASD's CRD database and system does not transfer any rights in CRD, NASD BrokerCheck or related technologies to you. 2. Your use of NASD BrokerCheck information is conditioned upon your acceptance, without modification, of all terms and conditions of this Agreement. Any information accessed, requested or provided through NASD BrokerCheck must be accessed, requested and used in accordance with the terms and conditions specified in this Agreement. NASD reserves any rights not expressly granted under these terms and conditions. Additionally, NASD reserves the right, at its sole discretion, to modify the terms and conditions for use of NASD BrokerCheck information at any time by changing this Agreement, and any changes are effective immediately. Such changes will be posted on the NASD BrokerCheck web site. 3. CRD and NASD BrokerCheck are proprietary databases and employ proprietary software, but NASD makes no exclusive proprietary claim to the information in the NASD BrokerCheck system that is not created by NASD. You are neither restricted nor prohibited by NASD from obtaining a copy of any original filing or information from a non-NASD source. 4. 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Provision of information by NASD pursuant to NASD BrokerCheck does not constitute a waiver of any of NASD's rights, privileges, or immunities with respect to the furnishing of disciplinary or registration information. 8. NASD does not charge for this service, which is offered pursuant to NASD's responsibilities as a self-regulatory organization, and, in particular, pursuant to Section 15A(i) of the Securities Exchange Act of 1934. In the provision of this service, NASD makes no warranties of any kind, and disclaims liability to any person for any actions taken or omitted in good faith with respect to this NASD BrokerCheck. NASD is not responsible for and cannot verify information from sources other than NASD, and does not warrant or guarantee the accuracy or completeness of the information requested. Neither NASD nor any affiliate or supplier shall be liable for any cause of action in contract, tort, or otherwise, for more than the incremental telecommunications cost incurred to connect to the service. Notwithstanding the above, neither NASD nor any affiliate or supplier shall be liable for any loss of income, trading loss, or consequential, incidental, or indirect damages, regardless of whether NASD has been informed of the possibility of such damages. 9. Member firms, registered persons, government agencies, and other sources file disclosure information with NASD. Consistent with its responsibilities as a self-regulatory organization, NASD performs a regulatory review of the disclosure information filed before it makes the information available through NASD BrokerCheck. Most disclosure information is available through NASD BrokerCheck within two business days of being filed. In certain limited circumstances, disclosure information may not be available through NASD BrokerCheck within the usual timeframe, but will be made available as soon as practicable. 10. Consistent with policies and procedures approved by the Securities and Exchange Commission (SEC), NASD will disclose information on individuals and brokerage firms, through NASD BrokerCheck, for two years after the termination of the individual's or brokerage firm's NASD registration. Disclosure information reported to NASD after an individual or brokerage firm has terminated may not have been reviewed by the brokerage firm or individual; in addition, brokerage firms and individuals who are no longer registered are not required to independently report such information. 11. NASD BrokerCheck includes only information provided to CRD. In substantially all cases, the information provided through NASD BrokerCheck represents the verbatim record as it was reported to NASD. However, in certain limited circumstances, NASD combined information about a single event that was reported by different sources (e.g., a record reporting information on an event that was submitted by a brokerage firm may contain information reported on the same event that was submitted by a regulator). This condition occurred when the data in the Legacy CRD system was converted (i.e., reformatted and transferred) to Web CRD, the Internet-based Central Registration Depository. This condition affects a small percentage of records reported to NASD prior to August 1999. These converted records contain information that was reported to NASD in accordance with appropriate reporting protocols applicable to the source filers (e.g., brokerage firms and regulators); however, because of the combination of information from different reporting sources, a record disclosed through NASD BrokerCheck may not reflect the actual filing submitted to NASD. 12. The "Individual Broker comments," "Brokerage Firm comments" and "Regulator comments" appear verbatim as they were provided to CRD via Forms U-4, U-5, and U-6. These comments were not written by NASD and have not been edited by NASD in any way. NASD reserves the right to redact customer names, confidential customer information, or offensive or potentially defamatory language from an NASD BrokerCheck Report consistent with policies and procedures approved by the SEC. TC 02.1 General Information About this Report This report has been generated because you have requested information about an NASD Member Firm through NASD BrokerCheck. The information contained within this report has been provided by NASD brokerage firm and securities regulators as part of the securities industry's registration and licensing process. An NASD BrokerCheck report for a Brokerage Firm consists of: 1) a Report Summary; 2) General Administrative Information, which includes the Types of Business the Brokerage Firm is engaged in, the Brokerage Firm's Legal Status, and the Brokerage Firm's Approved Registrations. The report also includes the Brokerage Firm's Disclosure Event information, if any. NASD BrokerCheck discloses the following information on brokerage firms: * the brokerage firm's name, CRD number, SEC identification number, "applicant name" or legal name, NASD district office which oversees the brokerage firm, and the brokerage firm's main and mailing addresses * the types of business in which the brokerage firm is currently engaged * details of the brokerage firm's legal status (i.e, corporation, partnership, etc.), state or country and date of formation, and its fiscal year end * all approved registrations * disclosure matters involving certain criminal charges and convictions, regulatory actions, civil judicial actions, and certain financial actions (e.g., bankruptcies, unsatisfied judgment/liens.) When evaluating this report, please keep in mind that a number of items may involve pending actions or allegations that may be contested and have not been resolved or proven. The items may, in the end, be withdrawn or dismissed, or resolved in favor of the brokerage firm, or concluded through a negotiated settlement with no admission or conclusion of wrongdoing. Also remember that the information in this report is not the only resource you should consult. It is recommended that you learn as much as possible about the brokerage firm from other sources. Ask for references. Ask family members or friends who already have established investment business relationships. Get in touch with local consumer and investors groups. Should you have any questions concerning information contained within this report, call (800) 289-9999 - a toll-free NASD BrokerCheck hot-line operated by NASD - or visit NASD Web Site at www.nasd.com. When calling or visiting the NASD Web Site, the information you will need includes the brokerage firm's name or CRD number. For definition of terms contained within this report or answers to Frequently Asked Questions, visit the Glossary or FAQs sections of NASD BrokerCheck at www.nasd.com. NASD BrokerCheck Report Printing Instructions The report contained below can be printed as is. However, unless the following steps are taken, the report may not print with the headers aligned or the text may run off the page. For the following report to be printed correctly, the following formatting steps must be completed: 1) Copy the text of the report into a text editor. 2) Delete these instructions down to and including the first dashed line. 3) Set the Font for the entire report to Courier, 8 point. 4) Set the left and right margins to 0. 5) Set the top and bottom margins to 0. Because every printer allows a different number of lines per page, the margins may have to be adjusted differently to get the headers to line up at the top of each page. The document is formatted to print 90 lines per page at the specified font. 6) Print the report. -------------------------------------------------------------------------------- NASD BrokerCheck October 17, 2005 Page 1 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 ******************************************************************************** REPORT SUMMARY ******************************************************************************** ************************************************************ Administrative Information: ************************************************************ Admin Information: Information that is required to be reported to NASD by brokerage firms via Form BD (Uniform Application for Broker-Dealer Registration). The administrative information contained in this report includes: (a) types of business the brokerage firm is engaged in; (b) legal status (e.g., corporation, partnership, sole proprietorship, limited liability company, etc.), state/country of formation unless legal status is sole proprietorship, date of formation, and month in which the brokerage firm's fiscal year ends; and (c) all approved registrations with the SEC, NASD and state securities commissions. Types of Business: 25 Legal Status: 1 Registrations: 61 ************************************************************ Disclosure Events: Yes ************************************************************ Disclosure Event: Information that is required to be reported to NASD by individual brokers via Form U-4 (Uniform Application for Securities Industry Registration or Transfer) and brokerage firms via Form BD (Uniform Application for Broker-Dealer Registration). Some disclosure events may have multiple reporting sources. For example, some information required to be reported by an individual broker via Form U-4 may also be reported on the individual broker's record by a brokerage firm via Form U-5 (Uniform Termination Notice for Securities Industry Registration) and/or by a regulator via Form U-6 (Uniform Disciplinary Action Reporting Form). If a disclosure event is reported by multiple sources, all versions of the reported event will be disclosed on the individual broker's NASD BrokerCheck report. Similarly, some information required to be reported by a brokerage firm via Form BD may also be reported on the brokerage firm's record via Form U-6. If a disclosure event is reported by multiple sources, all versions of the reported event will be disclosed on the brokerage firm's NASD BrokerCheck report. Criminal Actions: 0 Regulatory Actions: 68 Civil Judicial Actions: 0 Arbitrations: 391 Bonds: 2 Bankruptcies: 0 Judgment/Liens: 0 NASD BrokerCheck October 17, 2005 Page 2 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 ******************************************************************************** ADDRESS/GENERAL INFORMATION ******************************************************************************** This section provides the brokerage firm's name, CRD number, SEC number, Applicant Name on Form BD, NASD District where the brokerage firm is located, and the brokerage firm's main and mailing addresses. Applicant Name on Form BD: A. G. EDWARDS & SONS, INC. SEC Number: 8-013580 Business Phone Number: 314 955-3000 Main Office Address Located in NASD District: 4-Kansas City ONE NORTH JEFFERSON AVE. ST. LOUIS, MO 63103 Mailing Address ONE NORTH JEFFERSON AVE. ST. LOUIS, MO 63103 ******************************************************************************** TYPES OF BUSINESS ******************************************************************************** This section lists the type(s) of business that the brokerage firm is currently engaged in as reported on the Form BD. Broker or dealer selling corporate debt securities Broker or dealer retailing corporate equity securities over-the-counter Broker or dealer selling securities of any one issuer or associate issuers (other than mutual funds) Broker or dealer involved in a networking, kiosk or similar arrangement with a bank, savings bank or association, or credit union Exchange member engaged in exchange commission business other than floor activities Exchange member engaged in floor activities Government securities broker Government securities dealer Investment advisory services Broker or dealer making inter-dealer markets in corporate securities over-the-counter Mutual fund retailer Broker or dealer selling interests in mortgages or other receivables Municipal securities broker Municipal securities dealer Broker or dealer selling securities of non-profit organizations (e.g., churches, hospitals) Put and call broker or dealer or option writer Private placements of securities Real estate syndicator Solicitor of time deposits in a financial institution Broker or dealer selling tax shelters or limited partnerships in primary distributions Broker or dealer selling tax shelters or limited partnerships in the secondary market Trading securities for own account Underwriter or selling group participant (corporate securities other than mutual funds) Broker or dealer selling variable life insurance or annuities Effects transactions in commodity futures, commodities, commodity options as broker for others or dealer for own account ******************************************************************************** LEGAL STATUS ******************************************************************************** This section details the brokerage firm's legal status (i.e, corporation, limited partnership, etc.), state or country where formed, date of formation, and the month the brokerage firm's fiscal year ends. Legal Status: CORPORATION State/Country of Formation: DE Date of Formation: 05/11/1967 Fiscal Year End: FEB ******************************************************************************** REGISTRATIONS ******************************************************************************** This section provides the jurisdictions in which the brokerage firm is registered or licensed to do business, the category of each registration, and the date on which the registration was granted. NASD BrokerCheck October 17, 2005 Page 3 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGISTRATIONS(cont.) Jurisdiction/SRO Category Status As Of Date AK Broker Dealer Approved 01/11/1977 AL Broker Dealer Approved 10/22/1981 AMEX Broker Dealer Approved 02/25/1988 AR Broker Dealer Approved 11/29/1967 AZ Broker Dealer Approved 01/27/1958 BSE Broker Dealer Approved 08/01/1980 CA Broker Dealer Approved 01/01/1970 CBOE Broker Dealer Approved 06/17/1981 CHX Broker Dealer Approved 11/19/1929 CO Broker Dealer Approved 02/01/1983 CT Broker Dealer Approved 10/02/1967 DC Broker Dealer Approved 04/21/1983 DE Broker Dealer Approved 10/06/1981 FL Broker Dealer Approved 04/27/1983 GA Broker Dealer Approved 09/21/1981 HI Broker Dealer Approved 07/31/1979 IA Broker Dealer Approved 07/14/1983 ID Broker Dealer Approved 02/15/1970 IL Broker Dealer Approved 07/01/1942 IN Broker Dealer Approved 10/20/1981 KS Broker Dealer Approved 10/01/1967 KY Broker Dealer Approved 07/16/1982 LA Broker Dealer Approved 04/20/1983 MA Broker Dealer Approved 07/31/1981 MD Broker Dealer Approved 10/03/1981 ME Broker Dealer Approved 02/08/1984 MI Broker Dealer Approved 02/02/1983 MN Broker Dealer Approved 07/15/1982 MO Broker Dealer Approved 07/15/1983 MS Broker Dealer Approved 10/14/1981 MT Broker Dealer Approved 04/20/1983 NASD Broker Dealer Approved 08/28/1939 NC Broker Dealer Approved 07/15/1982 ND Broker Dealer Approved 10/21/1981 NE Broker Dealer Approved 10/08/1981 NH Broker Dealer Approved 02/02/1983 NJ Broker Dealer Approved 07/12/1983 NM Broker Dealer Approved 10/07/1981 NV Broker Dealer Approved 07/14/1983 NY Broker Dealer Approved 01/02/1985 NYSE Broker Dealer Approved 11/17/1982 OH Broker Dealer Approved 07/16/1982 OK Broker Dealer Approved 07/17/1982 OR Broker Dealer Approved 10/24/1981 PA Broker Dealer Approved 09/26/1967 PCX Broker Dealer Approved 01/26/1976 PHLX Broker Dealer Approved 11/29/1967 PR Broker Dealer Approved 09/01/1984 RI Broker Dealer Approved 02/01/1983 SC Broker Dealer Approved 10/28/1981 SD Broker Dealer Approved 07/15/1982 SEC Broker Dealer Approved 11/29/1967 TN Broker Dealer Approved 08/17/1981 TX Broker Dealer Approved 07/22/1983 UT Broker Dealer Approved 04/21/1983 VA Broker Dealer Approved 09/22/1981 VT Broker Dealer Approved 02/13/1984 WA Broker Dealer Approved 04/20/1983 WI Broker Dealer Approved 07/08/1968 WV Broker Dealer Approved 09/30/1981 WY Broker Dealer Approved 02/17/1970 NASD BrokerCheck October 17, 2005 Page 4 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 ******************************************************************************** REGULATORY ACTIONS ******************************************************************************** DISCLOSURE INFORMATION This section lists regulatory actions that were reported to CRD and are disclosable through NASD BrokerCheck. Disclosable regulatory actions include formal proceedings initiated by a regulatory authority (i.e., a state securities agency, NASD, New York Stock Exchange, foreign regulatory body, etc.) for a violation of investment-related rules or regulations. In addition, revocations or suspensions of an individual broker's authority to act as an attorney, accountant or federal contractor will appear here. Some of the fields in this section of the report may be blank if the information was not provided to CRD. ** OCCURRENCE COUNTS ** 68 Record(s) ******************************************************************************** ** FIELD DEFINITIONS ** * Reporting Source: The form through which details of the regulatory action was reported to CRD. * Date Reported: The date the regulatory action was reported to CRD. * Initiated By: The name of the securities regulator that initiated the regulatory action (e.g., regulator, foreign financial regulatory authority, self-regulatory organization, federal agency such as SEC, state, etc.). * Date Initiated: Date the regulatory action was initiated. * Docket/Case Number: Docket or case number of the regulatory action. * Employing Brokerage Firm: Brokerage Firm where individual broker was employed when activity occurred that led to the regulatory action. * Allegations: Allegations made against the individual broker leading to the regulatory action. * Current Status: The current status of the regulatory action (i.e., pending, on appeal or final). * Resolution: The resolution of the regulatory action (e.g., acceptance, waiver and consent; decision; decision and order of offer of settlement; order; settled; etc.). * Resolution Date: The date the regulatory action was resolved. * Sanction Details: Additional details regarding any sanctions ordered. * Summary: A summary of the details related to the regulatory action. ******************************************************************************** ******** REGULATORY ACTION (1 of 68) ******** Reporting Source: Brokerage Firm (Form BD) Date Reported: 09/08/2005 Initiated By: STATE OF NORTH DAKOTA Date initiated: 08/15/2005 Docket/ Case Number: N/A Allegations: THE STATE OF NORTH DAKOTA HAS FILED AN ORDER FOR AND NOTICE OF CIVIL PENALTY AND NOTICE OF RIGHT TO REQUEST A HEARING REGARDING ALLEGATIONS OF UNAUTHORIZED TRADING BY A FORMER EMPLOYEE. A.G. EDWARDS HAS REQUESTED A HEARING. Current Status: Pending Summary: NASD BrokerCheck October 17, 2005 Page 5 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) ******** REGULATORY ACTION (2 of 68) ******** Reporting Source: Regulator (Form U-6) Date Reported: 08/23/2005 Initiated By: NEW HAMPSHIRE BUREAU OF SECURITIES REGULATION Date initiated: 02/11/2005 Docket/ Case Number: COM02-012 Allegations: SUITABILITY-RESPONDENT RECOMMENDED SEVERAL MUTUAL FUND INVESTMENTS IN A SHARES WITHOUT THE CORRESPONDING BENEFIT OF BREAKPOINTS. AMOUNT INVESTED WAS $360,000. Current Status: Final Resolution: Consent Resolution Date: 07/28/2005 Sanctions Ordered: Monetary/Fine, Disgorgement/Restitution Monetary Amount: $2,000.00 Other Sanctions: $3,000 IN COSTS. Resolution Details: SAME AS ABOVE. Summary: SAME AS ABOVE. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 08/18/2005 Initiated By: STATE OF NEW HAMPSHIRE BUREAU OF SECURITITES REGULATION Date initiated: 07/28/2005 Docket/ Case Number: COM02-012 Allegations: ALLEGED UNSUITABLE RECOMMENDATION IN THAT REGISTERED REPRESENTATIVE FAILED TO RECOMMEND A SHARE RATHER THAN B SHARE PURCHASES OF MUTUAL FUNDS. Current Status: Final Resolution: Consent Resolution Date: 07/28/2005 Sanctions Ordered: Monetary/Fine Monetary Amount: $2,000.00 Other Sanctions: 1.)RESPONDENT PAY COSTS IN THE AMOUNT OF $3,000 2.)RESPONDENT PAY RESTITUTION IN THE AMOUNT OF $20,000 Resolution Details: PAID FINE AND RESTITUTION ON 08/03/05. Summary: ******** REGULATORY ACTION (3 of 68) ******** Reporting Source: Regulator (Form U-6) Date Reported: 02/07/2005 Initiated By: MASSACHUSETTS Date initiated: 02/02/2005 Docket/ Case Number: E-2004-0019 NASD BrokerCheck October 17, 2005 Page 6 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Allegations: RESPONDENT CREATED A SYSTEM AND CULTURE THAT ALLOWED REPRESENTATIVES TO ENGAGE IN AN ILLEGAL MARKET TIMING ACTIVITIES. RESPONDENT ALLOWED SUPERVISORS TO IGNORE INDICATIONS OF IRREGULARITIES OR “RED FLAGS.” RESPONDENT FAILED TO ADEQUATELY SUPERIVSE REPRESENTATIVES. Current Status: Pending Summary: *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 03/02/2005 Initiated By: STATE OF MASSACHUSETTS Date initiated: 02/02/2005 Docket/ Case Number: E-2004-0019 Allegations: THE ADMINISTRATIVE COMPLAINT ALLEGES THAT A FORMER BROKER IN ONE OF THE FIRMS OFFICES ASSISTED TWO CUSTOMERS IN IMPROPER MARKET TIMING ACTIVITIES. THE COMPLAINT FURTHER ALLEGED, AMONG OTHER THINGS, THAT THE FIRM FAILED TO ADEQUATELY SUPERVISE THE BROKER. Current Status: Pending Summary: ******** REGULATORY ACTION (4 of 68) ******** Reporting Source: Brokerage Firm (Form BD) Date Reported: 01/26/2005 Initiated By: SECURITIES AND EXCHANGE COMMISSION Date initiated: 01/13/2005 Docket/ Case Number: SEC FILE NO. FL-03093 Allegations: THE SEC HAS OPENED AN INVESTIGATION IN THE MATTER OF PENSION FUND OF AMERICA. Current Status: Pending Summary: ******** REGULATORY ACTION (5 of 68) ******** Reporting Source: Brokerage Firm (Form BD) Date Reported: 12/17/2004 Initiated By: STATE OF SOUTH CAROLINA, OFFICE OF THE ATTORNEY GENERAL, SECURITIES DIVISION Date initiated: 11/30/2004 Docket/ Case Number: #04027 Allegations: THE STATE OF SOUTH CAROLINA IS INVESTIGATING SALES PRACTICE ISSUES IN RELATION TO TWO ARBITRATION CASES. Current Status: Pending Summary: ******** REGULATORY ACTION (6 of 68) ******** Reporting Source: Brokerage Firm (Form BD) NASD BrokerCheck October 17, 2005 Page 7 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Date Reported: 09/17/2004 Initiated By: NEW YORK STOCK EXCHANGE Date initiated: 08/13/2002 Docket/ Case Number: Allegations: INVESTIGATION OF THE FINDINGS CONTAINED IN THE "REPORT" ON EXAMINATION OF A.G. EDWARDS FOR THE YEAR OF 2002. Current Status: Pending Summary: ******** REGULATORY ACTION (7 of 68) ******** Reporting Source: Brokerage Firm (Form BD) Date Reported: 09/17/2004 Initiated By: NEW YORK STOCK EXCHANGE Date initiated: 10/22/2003 Docket/ Case Number: Allegations: INVESTIGATION OF THE FINDINGS CONTAINED IN THE "REPORT" ON EXAMINATION OF A.G. EDWARDS FOR THE YEAR OF 2003. Current Status: Pending Summary: ******** REGULATORY ACTION (8 of 68) ******** Reporting Source: Brokerage Firm (Form BD) Date Reported: 09/17/2004 Initiated By: NEW YORK STOCK EXCHANGE Date initiated: 08/18/2004 Docket/ Case Number: Allegations: INVESTIGATION OF THE FINDINGS CONTAINED IN THE "REPORT" ON EXAMINATION OF A.G. EDWARDS FOR THE YEAR OF 2004. Current Status: Pending Summary: ******** REGULATORY ACTION (9 of 68) ******** Reporting Source: Regulator (Form U-6) Date Reported: 08/05/2004 Initiated By: NASD Date initiated: 07/21/2004 Docket/ Case Number: C05040056 Allegations: MSRB RULES G-17 AND G-30 (A) – DURING THE PERIOD FROM ON OR ABOUT JULY 29,2002 THROUGH ON OR ABOUT MAY 8, 2003, PUBLIC CUSTOMERS REQUESTED THAT A. G. EDWARDS & SONS, INC. LIQUIDATE FIVE DIFFERENT MUNICIPAL SECURITY POSITIONS. A. G. EDWARDS & SONS, INC. CONTACTED A BROKER’S BROKER AND OBTAINED BIDS FOR THE CUSTOMERS’ SECURITIES. BASED ON THE BIDS PROVIDED BY THE BROKER’S BROKER, THE FIRM PURCHASED THE SECURITIES FROM THE NASD BrokerCheck October 17, 2005 Page 8 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) CUSTOMERS FOR ITS OWN ACCOUNT AND THEN SOLD THE SECURITIES TO THE BROKER’S BROKER AT A NOMINAL GAIN. IN ALL FIVE INSTANCES, THE PRICES PAID TO THE CUSTOMERS, AND RECEIVED BY THE FIRM, WERE BELOW THE FAIR MARKET VALUE OF THE SECURITY IN AN AMOUNT RANGING FROM 7.15% TO 22.22%. BY RELYING SOLELY ON THE BIDS PROVIDED BY THE BROKER’S BROKER TO DETERMINE THE FAIR MARKET VALUE OF THE SECURITY, A. G. EDWARDS & SONS, INC. FAILED TO ENSURE THAT THE TRANSACTIONS WERE EXECUTED AT AGGREGATE PRICES THAT WERE FAIR AND REASONABLE. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 07/21/2004 Sanctions Ordered: Monetary/Fine, Disgorgement/Restitution, Censure Monetary Amount: $5,000.00 Other Sanctions: UNDERTAKINGS Resolution Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, A. G. EDWARDS & SONS, INC. CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED IN THE AMOUNT $5000.00. ADDITIONALLY, A. G. EDWARDS & SONS, INC. SHALL PAY CUSTOMER RESTITUTION IN THE AMOUNT OF $4549.90, PLUS INTEREST. THE IMPOSITION OF A RESTITUTION ORDER OR ANY OTHER MONETARY SANCTION HEREIN DOES NOT PRECLUDE THE CUSTOMER FROM PURSUING ITS OWN ACTION TO OBTAIN RESTITUTION OR OTHER REMEDIES. SATISFACTORY PROOF OF PAYMENT OF RESTITUTION SHALL BE PROVIDED TO NASD NO LATER THAN 90 DAYS AFTER ACCEPTANCE OF THIS AWC. ADDITIONALLY, WITHIN 90 DAYS OF THE ACCEPTANCE OF THIS AWC, THE FIRM SHALL PROVIDE NASD WITH A COPY OF ITS UPDATED SUPERVISORY PROCEDURES AS THEY RELATE TO THE DETERMINATION OF THE FAIR MARKET VALUE OF MUNICIPAL SECURITIES BEING BOUGHT OR SOLD FROM A PUBLIC CUSTOMER. Summary: *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 08/20/2004 Initiated By: NASD Date initiated: 07/21/2004 Docket/ Case Number: C05040056 Allegations: MSRB RULES G-17 AND G-30 (A) ? DURING THE PERIOD FROM ON OR ABOUT JULY 29,2002 THROUGH ON OR ABOUT MAY 8, 2003, PUBLIC CUSTOMERS REQUESTED THAT A. G. EDWARDS & SONS, INC. LIQUIDATE FIVE DIFFERENT MUNICIPAL SECURITY POSITIONS. A. G. EDWARDS & SONS, INC. CONTACTED A BROKER?S BROKER AND OBTAINED BIDS FOR THE CUSTOMERS? SECURITIES. BASED ON THE BIDS PROVIDED BY THE BROKER?S BROKER, THE FIRM PURCHASED THE SECURITIES FROM THE CUSTOMERS FOR ITS OWN ACCOUNT AND THEN SOLD THE SECURITIES TO THE BROKER?S BROKER AT A NOMINAL GAIN. IN ALL FIVE INSTANCES, THE PRICES PAID TO THE CUSTOMERS, AND RECEIVED BY THE FIRM, WERE BELOW THE FAIR MARKET VALUE OF THE SECURITY IN AN AMOUNT RANGING FROM 7.15% TO 22.22%. BY RELYING SOLELY ON THE BIDS PROVIDED BY THE BROKER?S BROKER TO DETERMINE THE FAIR MARKET VALUE OF THE SECURITY, A. G. EDWARDS & SONS, INC. FAILED TO ENSURE THAT THE TRANSACTIONS WERE EXECUTED AT AGGREGATE PRICES THAT WERE FAIR AND REASONABLE Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 07/21/2004 Sanctions Ordered: Monetary/Fine, Disgorgement/Restitution, Censure Monetary Amount: $5,000.00 Other Sanctions: UNDERTAKINGS Resolution Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, A. G. EDWARDS & SONS, INC. CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED NASD BrokerCheck October 17, 2005 Page 9 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) IN THE AMOUNT $5000.00. ADDITIONALLY, A. G. EDWARDS & SONS, INC. SHALL PAY CUSTOMER RESTITUTION IN THE AMOUNT OF $4549.90, PLUS INTEREST. THE IMPOSITION OF A RESTITUTION ORDER OR ANY OTHER MONETARY SANCTION HEREIN DOES NOT PRECLUDE THE CUSTOMER FROM PURSUING ITS OWN ACTION TO OBTAIN RESTITUTION OR OTHER REMEDIES. SATISFACTORY PROOF OF PAYMENT OF RESTITUTION SHALL BE PROVIDED TO NASD NO LATER THAN 90 DAYS AFTER ACCEPTANCE OF THIS AWC. ADDITIONALLY, WITHIN 90 DAYS OF THE ACCEPTANCE OF THIS AWC, THE FIRM SHALL PROVIDE NASD WITH A COPY OF ITS UPDATED SUPERVISORY PROCEDURES AS THEY RELATE TO THE DETERMINATION OF THE FAIR MARKET VALUE OF MUNICIPAL SECURITIES BEING BOUGHT OR SOLD FROM A PUBLIC CUSTOMER. Summary: ******* REGULATORY ACTION (10 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: 01/09/2004 Initiated By: NEW YORK STOCK EXCHANGE Date initiated: 01/09/2004 Docket/ Case Number: Allegations: THE NYSE IS CONDUCTING AN INVESTIGATION INTO CERTAIN ACTIVITIES OF A.G. EDWARDS & SONS, INC. AND TWO OF ITS FORMER AGENTS. Current Status: Pending Summary: ******* REGULATORY ACTION (11 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: 08/10/2005 Initiated By: STATE OF GEORGIA Date initiated: 01/09/2004 Docket/ Case Number: EN-9284 Allegations: THE STATE OF GEORGIA IS CURRENTLY INVESTIGATING A.G. EDWARDS & SONS, INC. AND TWO OF ITS FORMER AGENTS. Current Status: Final Resolution: Order Resolution Date: 04/07/2004 Sanctions Ordered: Monetary/Fine Monetary Amount: $500,000.00 Other Sanctions: PAY THE COMMISSIONER $200000.00 AS REIMBURSEMENT FOR INVESTIGATIVE COSTS AND EXPENSES INCURRED IN CONNECTION WITH THIS INVESTIGATION. Resolution Details: SEE ABOVE. Summary: A.G. EDWARDS ENTERED INTO A CONSENT ORDER WITH THE STATE OF GEORGIA REGARDING ALLEGATIONS OF VIOLATIONS OF GEORGIA SECURITIES LAWS BY TWO OF ITS EMPLOYEES, WILLIAM GIBBS AND SUSAN SACCONE. ******* REGULATORY ACTION (12 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: 07/11/2003 NASD BrokerCheck October 17, 2005 Page 10 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Initiated By: NEBRASKA BUREAU OF SECURITIES Date initiated: 05/09/2003 Docket/ Case Number: Allegations: SEE#13 Current Status: Final Resolution: Order Resolution Date: 06/11/2003 Sanctions Ordered: Monetary/Fine Monetary Amount: $20,000.00 Resolution Details: SEE #13 Summary: THE NEBRASKA DEPT. OF BANKING AND FINANCE HAD INVESTIGATED THE ACTS OF EDWARDS AND AS A RESULT OF THE INVESTIGATION EDWARDS HAS ENTERED INTO A FINDINGS OF FACT, CONCLUSION OF LAW AND CONSENT ORDER. THIS IS IN RELATION TO AN BRANCH MANAGER AND AN FC IN OUR OMAHA, NE OFFICE. ******* REGULATORY ACTION (13 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 04/16/2003 Initiated By: INDIANA SECURITIES DIVISION Date initiated: 04/11/2003 Docket/ Case Number: 03-0051 CD Allegations: FAILURE TO SUPERVISE AGENT. AG EDWARDS AGENT, GARY D. JONES, WAS OFFERING AND SELLING UNREGISTERED STOCK IN HATHAWAY ENTERTAINMENT GROUP FROM HIS AG EDWARDS OFFICE. Current Status: Pending Summary: *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 09/16/2003 Initiated By: INDIANA SECURITIES DIVISION Date initiated: 04/11/2003 Docket/ Case Number: 03-0051 CD Allegations: FAILURE TO SUPERVISE A FORMER EMPLOYEE IN CONNECTION WITH RAISING MONEY FOR A OUTSIDE ACTIVITY WHICH HE HAD PREVIOUSLY BEEN PROHIBITED FROM DOING. Current Status: Final Resolution: Vacated Resolution Date: 07/16/2003 Sanctions Ordered: Resolution Details: Summary: NASD BrokerCheck October 17, 2005 Page 11 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) ******* REGULATORY ACTION (14 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: 04/08/2003 Initiated By: NEW YORK STOCK EXCHANGE Date initiated: 03/13/2003 Docket/ Case Number: Allegations: INVESTIGATION INTO TRANSACTIONS INVOLVING GENESIS INTERMEDIA, INC. DURING THE PERIOD MARCH 2001 THROUGH SEPTEMBER 2001 BY THE FIRM'S STOCK LOAN DEPARTMENT. Current Status: Pending Summary: ******* REGULATORY ACTION (15 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: 04/08/2003 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS Date initiated: 02/26/2003 Docket/ Case Number: CMS030009 AWC Allegations: FAILURE TO REPORT TO FIPS 28 TRANSACTIONSIN FIPS SECURITIES WITHIN FIVE MINUTES OF EXECUTION. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/10/2003 Sanctions Ordered: Monetary/Fine Monetary Amount: $5,000.00 Resolution Details: WITHOUT ADMITTING OR DENYING THE ALLEGATION A.G. EDWARDS AGREED TO A $5000 FINE. Summary: ******* REGULATORY ACTION (16 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 11/18/2002 Initiated By: NEW YORK STOCK EXCHANGE Date initiated: 08/14/2002 Docket/ Case Number: HPD# 02-196 Allegations: **08/14/2002** STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING CONSENTED TO FINDINGS: (1) VIOLATED EXCHANGE RULE 342 IN THAT THE FIRM FAILED TO ESTABLISH AND MAINTAIN APPROPRIATE PROCEDURES FOR SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, TO ENSURE COMPLIANCE WITH EXCHANGE RULES AND FEDERAL SECURITIES LAWS, WITH RESPECT TO: A. THE MARKETING AND SALE OF CALLABLE CDS; B. THE RECOMMENDATION AND SALE OF ONE OR MORE SECURITIES TO ONE OR MORE CUSTOMERS WHICH WAS UNSUITABLE IN LIGHT OF THE CUSTOMER’S AGE, INVESTMENT OBJECTIVES, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMER’S ACCOUNT; C. PRODUCING BOMS WHO HANDLED THEIR OWN CUSTOMER ACCOUNTS REVIEWED AND APPROVED NASD BrokerCheck October 17, 2005 Page 12 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) THEIR OWN CORRESPONDENCE AND COMMUNICATIONS WITH THE PUBLIC, ACCOUNT DESIGNATION CHANGES, AND ORDER ERRORS; D. MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; E. EMPLOYEE TRADING OF SECURITIES ON FIRM RESEARCH DEPARTMENT’S RESTRICTED SECURITIES LIST; F. ACCOUNT STATEMENT PRICING OF BOND AND MUTUAL FUND POSITIONS; G. TIMELY ALLOCATION OF ORDERS; H. EXTENSION OF CREDIT; I. PREVENTING STATUTORILY DISQUALIFIED INDIVIDUALS FROM BEING ASSOCIATED WITH THE FIRM. (2) ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: (I) RECOMMENDED AND SOLD SECURITIES TO CUSTOMERS WHICH WERE UNSUITABLE IN VIEW OF THE CUSTOMERS’ AGE, INVESTMENT OBJECTIVES, INVESTMENT EXPERIENCE, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMERS’ ACCOUNT, AND (II) MADE MISREPRESENTATIONS AND/OR OMITTED TO DISCLOSE MATERIAL FACTS TO CUSTOMERS, IN CONNECTION WITH THE SOLICITATION AND/OR SALE OF SECURITIES TO CUSTOMERS. (3) VIOLATED EXCHANGE RULE 410 IN THAT THE FIRM EFFECTED ACCOUNT DESIGNATION CHANGES AND ORDER ERRORS WITHOUT PRIOR WRITTEN AUTHORIZATION BY A PERSON DESIGNATED UNDER RULE 342(B)(1). Current Status: Final Resolution: Decision Resolution Date: 11/08/2002 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $400,000.00 Resolution Details: (4) VIOLATED EXCHANGE RULE 405(2) IN THAT THE FIRM FAILED TO SUPERVISE DILIGENTLY ALL ACCOUNTS HANDLED BY REGISTERED REPRESENTATIVES IN CONNECTION WITH THE MARKETING AND SALE OF CALLABLE CDS AND HIGH YIELD BONDS, ACCOUNT DESIGNATION CHANGES, ORDER ERRORS AND CORRESPONDENCE, COMMUNICATIONS WITH THE PUBLIC, AND EXTENSIONS OF CREDIT. (5) VIOLATED EXCHANGE RULES 405 AND 401 IN THAT THE FIRM FAILED TO USE DUE DILIGENCE TO LEARN ESSENTIAL FACTS RELATIVE TO CUSTOMERS’ ACCOUNTS AND FAILED TO ADHERE TO PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN CONNECTION WITH: (A) THE MARKETING AND SALE OF CALLABLE CDS; (B) MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; (C) THE PRICING OF CERTAIN SECURITIES ON CUSTOMER ACCOUNT STATEMENTS; (D) POLICIES AND PROCEDURES REGARDING EMPLOYEE TRADING OF SECURITIES ON FIRM’S RESEARCH RESTRICTED LIST; AND (E) EXTENSIONS OF CREDIT. Summary: (6) VIOLATED EXCHANGE RULES 410 AND 440, AND SEC RULES 17A-3 AND 17A-4 IN THAT THE FIRM FAILED TO MAKE AND PRESERVE REQUIRED AND TIMELY RECORDS RELATING TO DESIGNATION AND EXECUTION OF CUSTOMER ORDERS. (7) VIOLATED SECTION 220.8(B) AND (C) OF REGULATION T, IN THAT THE FIRM FAILED TO ADEQUATELY ADHERE TO REQUIREMENTS WITH RESPECT TO THE IMPOSITION OF 90 DAY RESTRICTIONS ON CERTAIN CUSTOMER ACCOUNTS AS REQUIRED BY REGULATION T. STIPULATED SANCTION: CENSURE, A FINE OF $400,000 AND AN UNDERTAKING TO RETAIN AN OUTSIDE CONSULTANT, NOT UNACCEPTABLE TO THE EXCHANGE, TO CONDUCT A REVIEW OF THE FIRM’S POLICIES, PROCEDURES, PRACTICES, AND SUPERVISORY SYSTEMS RELATING TO THE VIOLATIONS DESCRIBED HEREIN, AND PREPARE A REPORT OF SUCH SYSTEMS AND PROCEDURES, INCLUDING RECOMMENDATIONS FOR ADDITIONAL SYSTEMS AND PROCEDURES, IF NECESSARY, REASONABLY DESIGNED TO ENSURE COMPLIANCE WITH FEDERAL SECURITIES LAWS AND EXCHANGE RULES AND TO PREVENT RECURRENCE OF THE VIOLATIONS DESCRIBED HEREIN, AND SUBMIT SUCH REPORT AND RECOMMENDATIONS, IF NECESSARY, TO THE EXCHANGE WITHIN 120 DAYS FROM THE DATE THAT A DECISION ON THIS STIPULATION AND CONSENT BECOMES FINAL. **11/08/2002** THE DECISION IS NOW FINAL AND IS EFFECTIVE IMMEDIATELY. CONTACT: PEGGY GERMINO (212) 656-8450. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 09/17/2004 Initiated By: NYSE Date initiated: 08/14/2002 Docket/ Case Number: HPD # 02-196 Allegations: **08/14/2002**STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING CONSENTED TO FINDINGS: (1) VIOLATED EXCHANGE RULE 342 IN THAT THE FIRM FAILED TO NASD BrokerCheck October 17, 2005 Page 13 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) ESTABLISH AND MAINTAIN APPROPRIATE PROCEDURES FOR SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, TO ENSURE COMPLIANCE WHAT EXCHANGE RULES AND FEDERAL SECURITIES LAWS, WITH RESPECT TO: A. THE MARKETING AND SALE OF CALLABLE CDS; B. THE RECOMMENDATION AND SALE OF ONE OR MORE SECURITIES TO ONE OR MORE CUSTOMERS WHICH WAS UNSUITABLE IN LIGHT OF THE CUSTOMER'S AGE, INVESTMENT OBJECTIVES, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMER'S ACCOUNT; C. PRODUCING BOMS WHO HANDLED THEIR OWN CUSTOMER ACCOUNTS REVIEWED AND APPROVED THEIR OWN CORRESPONDENCE AND COMMUNICATIONS WITH THE PUBLIC, ACCOUNT DESIGNATION CHANGES AND ORDER ERRORS; D. MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; E. EMPLOYEE TRADING OF SECURITIES ON FIRM RESEARCH DEPARTMENT'S RESTRICTED SECURITIES LIST; F. ACCOUNT STATEMENT PRICING OF BOND AND MUTUAL FUND POSITIONS; G. TIMELY ALLOCATION OF ORDERS; H. EXTENSION OF CREDIT; I. PREVENTING STATUTORILY DISQUALIFIED INDIVIDUALS FROM BEING ASSOCIATED WITH THE FIRM. (2) ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: (I) RECOMMENDED AND SOLD SECURITIES TO CUSTOMERS WHICH WERE UNSUITABLE IN VIEW OF THE CUSTOMER'S ACCOUNTS, AND (II) MADE MISREPRESENTATIONS AND/OR OMITTED TO DISCLOSE MATERIAL FACTS TO CUSTOMERS, IN CONNECTION WTH THE SOLICITATION AND/OR SALE OF SECURITIES TO CUSTOMERS. (3) VIOLATED EXCHANGE RULE 410 IN THAT THE FIRM EFFECTED ACCOUNT DESIGNATION CHANGES AND ORDER ERRORS WITHOUT PRIOR WRITTEN AUTHORIZATION BY A PERSON DESIGNATED UNDER RULE 342(B)(1). Current Status: Final Resolution: Decision Resolution Date: 11/08/2002 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $400,000.00 Resolution Details: (4) VIOLATED EXCHANGE RULE 405(2) IN THAT THE FIRM FAILED TO SUPERVISE DILIGENTLY ALL ACCOUNTS HANDLED BY REGISTERED REPRESENTATIVES IN CONNECTION WITH THE MARKETING AND SALE OF CALLABLE CDS AND HIGH YIELD BONDS, ACCOUNT DESIGNATION CHANGES, ORDER ERRORS AND CORRESPONDENCE, COMMUNICATIONS WITH THE PUBLIC, AND EXTENSIONS OF CREDIT. (5) VIOLATED EXCHANGE RULES 405 AND 401 IN THAT THE FIRM FAILED TO USE DUE DILIGENCE TO LEARN ESSENTIAL FACTS RELATIVE TO CUSTOMERS'S ACCOUNTS AND FAILED TO ADHERE TO PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN CONNECTION WITH: (A) THE MARKETING AND SALE OF CALLABLE CDS; (B) MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; (C) POLICIES AND PROCEDURES REGARDING EMPLOYEE TRADING OF SECURITIES ON FIRM'S RESEARCH RESTRICTED LIST; AND (E) EXTENSIONS OF CREDIT. Summary: (6) VIOLATED EXCHANGE RULES 410 AND 440, AND SEC RULES 17A-3 AND 17A-4 IN THAT THE FIRM FAILED TO MAKE AND PRESERVE REQUIRED AND TIMELY RECORDS RELATING TO DESIGNATION AND EXECUTION OF CUSTOMER ORDERS. (7) VIOLATED SECTION 220.8(B) AND (C) REGULATION T., IN THAT THE FIRM FAILED TO ADEQUATELY ADHERE TO CERTAIN CUSTOMER ACCOUNTS AS REQUIRED BY REGULATION T. STIPULATED SECTION: CENSURE, A FINE OF $400,000 AND AN UNDERTAKING TO RETAIN AN OUTSIDE CONSULTANT, NOT UNACCEPTABLE TO THE EXCHANGE, TO CONDUCT A REVIEW OF THE FIRM'S POLICIES, PROCEDURES, PRACTICES, AND SUPERVISORY SYSTEMS RELATING TO VIOLATIONS DESCRIBED HEREIN, AND PREPARE A REPORT OF SUCH SYSTEMS AND PROCEDURES, INCLUDING RECOMMENDATIONS FOR ADDITIONAL SYSTEMS AND PROCEDURES, IF NECESSARY, REASONABLY DESIGNED TO ENSURE COMPLIANCE WITH FEDERAL SECURITIES LAWS AND EXCHANGE RULES AND TO PREVENT RECURRENCE OF THE VIOLATIONS DESCRIBED HEREIN, AND SUBMIT SUCH REPORT AND RECOMMENDATIONS, IF NECESSARY, TO THE EXCHANGE WITHIN 120 DAYS FROM THE DATE THAT A DECISION ON THIS STIPULATION AND CONSENT BECOMES FINAL. **11/08/2002** THE DECISION IS NOW FINAL AND IS EFFECTIVE IMMEDIATELY. CONTACT: PEGGY GERMINO (212) 656-8450. ******* REGULATORY ACTION (17 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 11/09/2001 Initiated By: VIRGINIA - DIVISION OF SECURITIES Date initiated: 10/16/2001 Docket/ NASD BrokerCheck October 17, 2005 Page 14 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Case Number: SEC010057 Allegations: DIVISION ALLEGED THAT FIRM FAILED TO ADEQUATELY DISCLOSE THE FACT THAT 2 VIRGINIA RESIDENTS WERE INVESTING IN LONG TERM CERTIFICATE OF DEPOSITS; FAILED TO EXERCISE DILIGENT SUPERVISIOIN; RECOMMENDED SECURITIES WITHOUT REASONABLE GROUNDS TO BELIEVE THAT THE RECOMMENDATIONS WERE SUITABLE FOR THE CUSTOMERS. Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 10/16/2001 Sanctions Ordered: Monetary/Fine Monetary Amount: $5,000.00 Other Sanctions: PAID $5,000.00 FINE. Resolution Details: PAID $5,000.00 FINE. Summary: FIRM WAS REQUIRED TO PAY A MONETARY PENALTY IN THE AMOUNT OF $5,000.00, REIMBURSE THE DIVISION FOR ITS COST OF INVESTIGATION AND MAKE AN OFFER OF RESTITUTION TO 2 VIRGINIA RESIDENTS. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 11/02/2001 Initiated By: COMMONWEALTH OF VIRGINIA Date initiated: 10/08/2001 Docket/ Case Number: SEC010057 Allegations: ALLEGED VIOLATIONS OF THE VIRGINIA SECURITIES ACT REGARDING THE SALES OF CD(S). Current Status: Final Resolution: Settled Resolution Date: 10/08/2001 Sanctions Ordered: Other Sanctions: PAY PENALTY OF $5000 TO COMMONWEALTH LITERACY FUND. REQUIRE THE TWO AGENTS TO COMPLETE FORMAL TRAINING IN THE AREA OF SUITABILITY AND PRODUCT KNOWLEDGE PERTAINING TO LONG-TERM CERTIFICATES OF DEPOSIT. Resolution Details: TRAINING MUST BE COMPLETED WITHIN 30 DAYS OF THE ORDER. Summary: ******* REGULATORY ACTION (18 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: 01/19/2001 Initiated By: MASSACHUSETTS SECURITIES DIVISION Date initiated: 05/23/2000 Docket/ Case Number: E-2000-1 Allegations: ALLEGED VIOLATION OF M.G.L. C.110A SECTIONS 101, 204(A)(2)(J) AND 204 (A)(2)(G). Current Status: Final Resolution: Order NASD BrokerCheck October 17, 2005 Page 15 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Resolution Date: 09/28/2000 Sanctions Ordered: Other Sanctions: NONE Resolution Details: SEE ITEM 13. Summary: UNDER AN ORDER AND OFFER OF SETTLEMENT, A.G. EDWARDS & SONS, INC. AGREED TO IMPLEMENT ENHANCED COMPLIANCE PROCEDURES IN IT'S PITTSFIELD, MA OFFICE AND CONTRIBUTE TO THE COMMONWEALTH OF MASSACHUSETTS INVESTOR PROTECTION AND EDUCATION TRUST FUND. THERE WERE NO FINDINGS OF VIOLATIONS, FINES OR PENALTIES. ******* REGULATORY ACTION (19 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: COMMONWEALTH OF VIRGINIA Date initiated: 04/03/2000 Docket/ Case Number: NONE Allegations: SEE ITEM 13. Current Status: Pending Summary: THE COMMONWEALTH OF VIRGINIA HAS PROPOSED A SETTLEMENT ORDER FOR ALLEGED VIOLATIONS OF SECURITIES RULE 21 VAC 5-20-260B AND 5-20-260D. ******* REGULATORY ACTION (20 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 09/18/2000 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 04/05/2000 Docket/ Case Number: C05000013 Allegations: 04-10-00, SEC RULES 17(A)(2),(3), NASD RULE 2110 - RESPONDENT MEMBER EFFECTED DEFEASANCE ESCROW TRANSACTIONS WITH MUNICIPALITIES AT PRICES NOT REASONABLY RELATED TO THE CURRENT WHOLESALE MARKET PRICES FOR THE SECURITIES UNDER THE PARTICULAR FACTS AND CIRCUMSTANCES, INCLUDING THE PERTINENT TAX REGULATIONS. THE FIRM KNEW, OR SHOULD HAVE KNOWN, THAT THE PRICES IT CHARGED WERE NOT REASONABLY RELATED TO THE PREVAILING WHOLESALE MARKET PRICES OF THE SECURITIES. THE EXCESSIVE MARKUPS ALSO JEOPARDIZED THE TAX-EXEMPT STATUS OF THOSE MUNICIPALITIES REFUNDING BONDS AND DIVERTED MONEY FROM THE U.S. TREASURY TO THE FIRM WHEN THE TRANSACTION WAS IN POSITIVE ARBITRAGE OR REDUCED THE SAVINGS AVAILABLE TO THE MUNICIPALITIES FROM THE REFUNDINGS WHEN THE TRANSACTION WAS IN NEGATIVE ARBITRAGE. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 04/05/2000 Sanctions Ordered: Censure Other Sanctions: WITHIN 10 BUSINESS DAYS, MAKE PAYMENTS TOTALING $124,164.12 RELATED TO SALES OF DEFEASANCE ESCROW SECURITIES TO CERTAIN MUNICIPAL ISSUERS IN CONNECTION WITH ADVANCE REFUNDINGS IN NEGATIVE ARBITRAGE. PAY $6,113,284.81 TO THE U.S. TREASURY UNDER AN AGREEMENT SIMULTANEOUSLY ENTERED INTO AMONG THE FIRM, THE IRS, AND THE U.S. ATTORNEY FOR THE SOUTHERN DISTRICT OF NEW YORK.AT THE TIME PAYMENTS ARE MADE TO MUNICIPALITIES AND NASD BrokerCheck October 17, 2005 Page 16 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) THE IRS, COPIES OF ANY PAYMENTS AND ANY COVER LETTERS SHALLE BE SENT TO DISTRICT NO. 5. Resolution Details: CENSURED 09-18-00, $352,000 PAID 4/17/00 Summary: *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS Date initiated: 04/03/2000 Docket/ Case Number: AWC #C05000013 Allegations: ALLEGED VIOLATION OF SECTIONS 17(A)(2) AND 17(A)(3) OF THE SECURITIES ACT AND VIOLATION OF NASD CONDUCT RULE 2110. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 04/13/2000 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $6,113,284.81 Resolution Details: $6,113,284.82 PAID ON 04/13/2000. Summary: A.G. EDWARDS & SONS, INC. PAID THE ABOVE AS A TOTAL SETTLEMENT AMOUNT UNDER SIMULTANEOUS ENTRY OF SETTLEMENT AGREEMENTS IN THE CIVIL CASE 00 CIV 2656 US VS A.G. EDWARDS & SONS, INC. AND THE NASDR'S LETTER OF ACCEPTANCE, WAIVER & CONSENT. ******* REGULATORY ACTION (21 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 09/08/2000 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 02/11/2000 Docket/ Case Number: CMS000014 Allegations: NASD RULE 2320 AND SEC RULE 11AC1-4 - IN CONNECTION WITH CUSTOMER ORDERS, THE FIRM FAILED TO USE REASONABLE DILIGENCE TO ASCERTAIN THE BEST INTER-DEALER MARKET FOR THE FIRM THAT THE RESULTANT PRICE TO ITS CUSTOMERS WAS AS FAVORABLE AS POSSIBLE UNDER PREVAILING MARKET CONDITIONS; AND, FAILED TO DISPLAY IMMEDIATELY EIGHT CUSTOMER LIMIT ORDERS IN NASDAQ SECURITIES IN ITS PUBLIC QUOTATION, WHEN EACH SUCH ORDER WAS AT A PRICE THAT WOULD HAVE IMPROVED THE FIRM?S BID OR OFFER IN EACH SUCH SECURITY. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 02/11/2000 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Resolution Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, RESPONDENT MEMBER CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS, THEREFORE THE FIRM IS CENSURED AND FINED $7,500. Summary: NASD BrokerCheck October 17, 2005 Page 17 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 02/11/2000 Docket/ Case Number: AWC #CMS000014 Allegations: SEE ITEM 13 Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 02/11/2000 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Resolution Details: A.G. EDWARDS & SONS, INC. CONSENTED TO A MAXIMUM $7500 FINE PAID 03/22/2000. Summary: ON FEBRUARY 11, 2000, A.G. EDWARDS CENSURED AND FINED $7500 BY THE NASD FOR RULE VIOLATIONS. ******* REGULATORY ACTION (22 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: COMMONWEALTH OF MASSACHUSETTS Date initiated: 06/30/1986 Docket/ Case Number: NONE Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 06/30/1986 Sanctions Ordered: Censure Other Sanctions: NONE Resolution Details: N/A Summary: JUNE 30, 1986, A.G. EDWARDS & SONS, INC. CENSURED BY THE COMMONWEALTH OF MASSACHUSETTS FOR SELLING AN UNREGISTERED SECURITY TO A MASSACHUSETTS RESIDENT. ******* REGULATORY ACTION (23 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: AMEX Date initiated: 04/29/1970 Docket/ Case Number: NONE Allegations: SEE ITEM 13 Current Status: Final NASD BrokerCheck October 17, 2005 Page 18 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Resolution: Order Resolution Date: 04/29/1970 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $7500.00. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 04/29/1970. Summary: APRIL 29, 1970, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $7500 BY THE AMERICAN STOCK EXCHANGE FOR FAILURE TO SUPERVISE IN RELATION TO TRANSACTIONS IN STOCK OF WESTEC CORPORATION DURING 1966. ******* REGULATORY ACTION (24 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: STATE OF SOUTH DAKOTA Date initiated: 10/25/1994 Docket/ Case Number: NONE Allegations: SEE ITEM 13 Current Status: Final Resolution: Consent Resolution Date: 10/25/1994 Sanctions Ordered: Monetary/Fine Monetary Amount: $2,000.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $2000.00 ON 10/25/1994 Summary: OCTOBER 25, 1994, A.G. EDWARDS & SONS, INC. PAID $2000 FINE TO THE STATE OF SOUTH DAKOTA. NO RULE VIOLATIONS WERE CITED. ******* REGULATORY ACTION (25 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NORTH DAKOTA COMMISSIONER OF SECURITIES Date initiated: 01/03/1997 Docket/ Case Number: N/A Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 01/03/1997 Sanctions Ordered: Disgorgement/Restitution Other Sanctions: SEE ITEM 13. Resolution Details: A.G. EDWARDS & SONS, INC. AGREED TO REFUND A CUSTOMER $3472.00 PLUS INTEREST. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE NASD BrokerCheck October 17, 2005 Page 19 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) WITHIN 30 DAYS OF 01/03/1997. Summary: JANUARY 3, 1997, A.G. EDWARDS & SONS, INC. FOUND IN AN INVESTIGATION DECISION AND ORDER TO HAVE VIOLATED SECTION 10-04-11(1)(M) OF THE NORTH DAKOTA CENTURY CODE, NORTH DAKOTA ADMINISTRATIVE RULE 73-02-09-02(29) AND ARTICLE III, SECTION 27(A) IN PARAGRAPH 2177 OF THE RULES OF FAIR PRACTICE OF THE NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. AND AGREED TO REFUND A CUSTOMER $3472 PLUS INTEREST. ******* REGULATORY ACTION (26 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: WYOMING SECRETARY OF STATE Date initiated: 10/12/1994 Docket/ Case Number: 93-02 Allegations: SEE ITEM 13 Current Status: Final Resolution: Settled Resolution Date: 10/12/1994 Sanctions Ordered: Monetary/Fine Monetary Amount: $3,720.82 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $3270.82. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 10/12/1994. Summary: OCTOBER 12, 1994, A.G. EDWARDS & SONS, INC. TO PAY AN ADMINISTRATIVE PENALTY OF $3270.82 TO THE STATE OF WYOMING, SECRETARY OF STATE. ******* REGULATORY ACTION (27 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: SEC Date initiated: 07/25/1980 Docket/ Case Number: 3-5947, RELEASE #17011 Allegations: SEE ITEM 13 Current Status: Final Resolution: Order Resolution Date: 07/25/1980 Sanctions Ordered: Censure Other Sanctions: N/A Resolution Details: N/A Summary: A.G. EDWARDS & SONS, INC. CENSURED BY THE SECURITIES & EXCHANGE COMMISSION FOR FAILURE TO SUPERVISE. ******* REGULATORY ACTION (28 of 68) ******* NASD BrokerCheck October 17, 2005 Page 20 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: COMMODITY EXCHANGE, INC. Date initiated: 01/27/1981 Docket/ Case Number: NONE Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 01/27/1981 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $5,000.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $5000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 1/27/1981. Summary: JANUARY 27, 1981, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $5000 BY COMMODITY EXCHANGE, INC. FOR VIOLATION OF SILVER RULE 7(A) RELATING TO FAILURE TO FILE REQUIRED REPORTS. ******* REGULATORY ACTION (29 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 02/19/1982 Docket/ Case Number: KC-251-SC Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 02/19/1982 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $350.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS PAID $350. DATE PAID IS UNAVAILABLE BUT BELIVED TO BE WITHIN 6 MONTHS OF 02/19/1982. Summary: FEBRUARY 19, 1982, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $350 BY NASD FOR VIOLATION OF ARTICLE III, SECTION 1, NASD RULES OF FAIR PRACTICE. ******* REGULATORY ACTION (30 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NEW YORK COTTON EXCHANGE Date initiated: 06/20/1982 Docket/ NASD BrokerCheck October 17, 2005 Page 21 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Case Number: NONE Allegations: SEE ITEM 13. Current Status: Final Resolution: Other Resolution Date: 06/20/1982 Sanctions Ordered: Monetary/Fine Monetary Amount: $2,000.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $2000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 6/20/1982. Summary: JUNE 20, 1982, A.G. EDWARDS & SONS, INC. FINED $2000 BY THE CITRUS ASSOCIATES OF THE NEW YORK COTTON EXCHANGE RELATING TO TIME STAMPING OF PHONE ORDERS. ******* REGULATORY ACTION (31 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: PACIFIC STOCK EXCHANGE Date initiated: 08/06/1996 Docket/ Case Number: NONE Allegations: SEE ITEM 13. Current Status: Final Resolution: Consent Resolution Date: 08/06/1996 Sanctions Ordered: Other Sanctions: NONE Resolution Details: NONE Summary: AUGUST 6, 1996, A.G. EDWARDS & SONS, INC. ENTERED INTO A CONSENT AGREEMENT WITH THE PACIFIC STOCK EXCHANGE WHEREBY EDWARDS WAS FOUND TO HAVE VIOLATED PSE RULE 4.6(A). ******* REGULATORY ACTION (32 of 68) ******* Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: COMMONWEALTH OF MASSACHUSETTS Date initiated: 10/02/1989 Docket/ Case Number: E-89-165 Allegations: SEE ITEM 13. Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 10/02/1989 Sanctions Ordered: Monetary/Fine NASD BrokerCheck October 17, 2005 Page 22 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Monetary Amount: $5,000.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $5000 ADMINISTRATIVE FEE. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 10/02/1989. Summary: OCTOBER 2, 1989, COMMONWEALTH OF MASSACHUSETTS CONSENT ORDER (DOCKET E-89-165) REQUIRING A.G. EDWARDS & SONS, INC. TO PAY AN ADMINISTRATIVE FEE OF $5000 TO THE COMMONWEALTH AND TO ADOPT AND MAINTAIN POLICIES TO REASONABLY ENSURE COMPLIANCE WITH ALL RQUIREMENTS OF MASSACHUSETTS LAW AND REGULATIONS RELATING TO TRANSACTIONS IN SECURITIES. NO EXEMPTION UNDER 402(B)9, (B)11 AND (B)13, IS DENIED BY VIRTUE OF THESE PROCEEDINGS. ******* REGULATORY ACTION (33 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 02/04/2000 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 06/30/1999 Docket/ Case Number: CMS990062 Allegations: RESPONDENT MEMBER FIRM: FAILED TO CONTEMPORANEOUSLY EXECUTE NUMEROUS CUSTOMER LIMIT ORDERS AFTER IT TRADED EACH SUCH SUBJECT SECURITY FOR ITS OWN MARKET-MAKING ACCOUNT AT A PRICE THAT WOULD SATISFY EACH SUCH CUSTOMER LIMIT ORDER; FAILED TO PRESERVE FOR A PERIOD OF NOT LESS THAN SIX YEARS MEMORANDA OF BROKERAGE ORDERS RECEIVED FROM OTHER DEALERS THAT SHOWED THE TERMS AND CONDITIONS OF THE ORDERS AND THE TIME THE ORDERS WERE ENTERED; INCORRECTLY REPORTED TRANSACTIONS IN NASDAQ NATIONAL MARKET (NNM) SECURITIES TO ACT THAT WERE NEVER EXECUTED, FAILED TO REPORT A TRANSACTION IN AN NNM SECURITY, AND FAILED TO DESIGNATE NUMEROUS TRANSACTIONS IN NNM SECURITIES AS LATE TO ACT; REPORTED TO ACT AN INCORRECT EXECUTION TIME IN A TRANSACTION IN A NNM SECURITY AND FAILED TO REPORT TO ACT THE CORRECT PRICE FOR TRANSACTIONS IN NNM SECURITIES; FAILED TO ACCEPT OR DECLINE A TRANSACTION IN AN ELIGIBLE SECURITY WITHIN 20 MINUTES OF EXECUTION; FAILED TO REPORT TO ACT THE CORRECT VOLUME FOR A TRANSACTION IN AN OTC EQUITY SECURITY; FAILED TO REPORT CORRECTLY TO ACT THE CAPACITY IN WHICH IT EXECUTED TRANSACTIONS IN ELIGIBLE SECURITIES AND FAILED TO REPORT TO ACT THE CONTRA SIDE EXECUTING BROKER FOR TRANSACTIONS IN ELIGIBLE SECURITIES; FAILED TO DISPLAY IMMEDIATELY CUSTOMER LIMIT ORDERS, WHEN THE ORDERS WERE AT A PRICE THAT WOULD HAVE IMPROVED THE MEMBER FIRM'S BID OR OFFER IN EACH SECURITY RELATED TO THOSE ORDERS; AND FAILED TO ESTABLISH, MAINTAIN, AND ENFORCE WRITTEN SUPERVISORY PROCEDURES REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH THE APPLICABLE RULES RELATING TO THE LIMIT ORDER PROTECTION INTERPRETATION, RECORD KEEPING, TRADE REPORTING, SEC RULE 10B-10, AND THE LIMIT ORDER DISPLAY RULE. (NASD CONDUCT RULES 2110, 3010; IM-2110-2; NASD MARKETPLACE RULES 4632(A) & (C), 6130(B), 6620(C), 6130(D); AND SEC RULES 11AC1-4 & 17A-4.) Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/30/1999 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $9,500.00 Other Sanctions: NONE Resolution Details: CENSURE; FINE OF $9500.00 Summary: 02-04-00, $9,500 PAID ON 7/30/99, INVOICE #99-MS-647 *********************************** Reporting Source: Brokerage Firm (Form BD) NASD BrokerCheck October 17, 2005 Page 23 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Date Reported: Initiated By: NASD Date initiated: 06/28/1999 Docket/ Case Number: AWC NO. CMS990062 Allegations: SEE ITEM 13. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/28/1999 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $9,500.00 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $9500.00. DATE PAID IS UNAVAILABLE BUT BELIEVED TO HAVE BEEN WITHIN 30 DAYS OF 06/28/1999. Summary: ON JUNE 28, 1999, A.G. EDWARDS CENSURED AND FINED $9500 BY NASD FOR RULE VIOLATIONS. ******* REGULATORY ACTION (34 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/09/1992 Initiated By: CBOE Date initiated: 03/09/1992 Docket/ Case Number: 90-0058 Allegations: Not Provided Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/09/1992 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Resolution Details: censured and jointly and severally fined $7,500 with the Branch Office Manager Harold T. Morrow. In accepting the offer of settlement, the Committee considers the fact that AGE contributed approximately $1,000,000 towards the settlement with the public customer. Summary: AGE and Harold T. Morrow were each censured and fined for their failure to adequately supervise Dennis J. Frank, a Registered Representative of AGE who 1) effected numerous options transactions in a public customer's accounts which were excessive in size and frequency; and 2) effected numerous unsuitable option transactions for the customer's accounts. In accepting the offer of settlement, the BCC considered the fact that AGE contributed approximately $1,000,000 toward settlement with the pubic customer. (CBOE Rules 4.2 and 9.8) ******* REGULATORY ACTION (35 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 12/03/1968 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. NASD BrokerCheck October 17, 2005 Page 24 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Date initiated: 07/27/1967 Docket/ Case Number: K-87 Allegations: Current Status: Final Resolution: Order Resolution Date: 12/03/1968 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $12,000.00 Resolution Details: Summary: COMPLAINT K-87 FILED 07/27/67. DECISION 07/16/68. CENSURED AND FINED $12,000. ASSESSED COSTS OF $304.30. BOARD OF GOVERNORS AFFIRMED DECISION 12/03/68 *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 01/24/1969 Docket/ Case Number: K-87 Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 01/24/1969 Sanctions Ordered: Monetary/Fine, Suspension Monetary Amount: $12,000.00 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $12000.00. DATE IS UNAVAILABLE BUT BELIEVED TO BE APPROXIMATELY 2/21/69. THE FIRM WAS SUSPENDED 5 DAYS BEGINNING 2/17/69. Summary: JANUARY 24, 1969, A.G. EDWARDS & SONS, INC. AND BENJAMIN F. EDWARDS, III WERE FINED $12000 JOINTLY AND SEVERALLY AND SUSPENDED FIVE BUSINESS DAYS BY NASD FOR VIOLATION OF NASD FREERIDING RULES AND RULES RELATING TO REVIEW AND INITIALING OF TRADES AND CORRESPONDENCE. ******* REGULATORY ACTION (36 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 02/17/1969 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 02/17/1969 Docket/ Case Number: Allegations: Current Status: Final Resolution: Order Resolution Date: 02/21/1969 Sanctions NASD BrokerCheck October 17, 2005 Page 25 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Ordered: Resolution Details: Summary: SUSPENDED BY THE B/G FOR FIVE (5) DAYS COMMENCING AT THE OPENING OF BUSINESS FEB. 17, 1969 AND CONCLUDING AT THE CLOSE OF BUSINESS FEBRUARY 21, 1969. W. L. 02/14/69 ******* REGULATORY ACTION (37 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/03/1998 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 03/03/1998 Docket/ Case Number: CAF980008 Allegations: Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/03/1998 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Resolution Details: Summary: ON MARCH 3, 1998, THE DEPARTMENT OF ENFORCEMENT NOTIFIED RESPONDENT A.G. EDWARDS & SONS, INC. THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. CAF980008 WAS ACCEPTED; THEREFORE, RESPONDENT MEMBER IS CENSURED AND FINED $7,500, PAYABLE TO NASD WITHIN 10 DAYS OF FINAL NAC APPROVAL OF THE AWC - (NASD RULE 2110 AND MSRB RULE G-8 - RESPONDENT MEMBER'S RECORDS REGARDING EXPENSES INACCURATELY REFLECTED THAT $8,632 HAD BEEN PAID TO A FIRM FOR CONSULTING SERVICES INCURRED IN CONNECTION WITH A SECURITIES TRANSACTION, AND RESPONDENT MEMBERS' RECORDS REGARDING DISBURSEMENTS OF CASH AND DEBITS FOR THAT SECURITIES TRANSACTION ALSO INACCURATELY REFLECTED THAT $8,632 WAS PAID TO THE FIRM AS A "CONSULTING EXPENSE" FOR THAT TRANSACTION, WHEN, IN FACT, THE FIRM DID NOT PROVIDE CONSULTING SERVICES OR ADVICE TO ANYONE IN CONNECTION WITH THE TRANSACTION, IN VIOLATION OF SEC RULE 17a-3). 04-13-99, $7,500 PAID ON 11/06/98, INVOICE #98-AF-821 *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 11/18/1997 Docket/ Case Number: CAF980008 Allegations: SEE ITEM 13. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 11/18/1997 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $7500 WITHIN 10 DAYS OF 11/18/1997. NASD BrokerCheck October 17, 2005 Page 26 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Summary: NOVEMBER 18, 1997, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT WHEREBY A.G. EDWARDS & SONS, INC. IS CENSURD AND FINED $7500 FOR VIOLATIONS OF SECTION 17(A) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULE 17A-3 THEREUNDER, MUNICIPAL SECURITIES RULEMAKING BOARD RULE 6-8 AND NASD CONDUCT RULE 2110. ******* REGULATORY ACTION (38 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/23/1998 Initiated By: VIRGINIA - STATE CORPORATION COMMISSION DIVISION OF SECURITIES Date initiated: 03/23/1998 Docket/ Case Number: SEC980015 Allegations: A.G. EDWARDS VIOLATED THE COMMISSION'S SECURITIES ACT RULES 21 VAC 5-20-260 D.2. 21 VAC 5-20-260 D.3 AND 21 VAC 5-20-260 E.1. PERTAINING TO AGENT SUPERVISION. Current Status: Final Resolution: Decision Resolution Date: 03/23/1998 Sanctions Ordered: Monetary/Fine Monetary Amount: $5,000.00 Resolution Details: A.G. EDWARDS & SONS, INC. WAS FINED A MONETARY PENALTY IN THE AMOUNT OF $5,000.00 FOR ITS ALLEGED VIOLATIONS OF THE COMMISSION'S RULES PERTAINING TO ACT AND ASSESSED $1,000.00 INVESTIGATION COSTS. A.G. EDWARDS & SONS, INC. REQUIRED TO REVIEW AND EVALUATE ITS CURRENT WRITTEN SUPERVISORY POLICIES, PROCEDURES AND INTERNAL CONTROLS WITH RESPECT TO THE SAFEGUARDING OF CASH AND SECURITIES, CUSTOMER DISBURSEMENTS, REVIEW OF NON-EMPLOYEE, EMPLOYEE AND RELATED ACCOUNTS, AND PROCEDURES APPLICABLE TO SUPERVISION AND REVIEW OVER DESIGNATED SUPERVISORS TO ENSURE THEY FULFILL THEIR SUPERVISORY OBLIGATIONS AS REQUIRED. A.G. EDWARDS & SONS, INC. IS REQUIRED TO REVISE AND REPORT TO THE DIVISION, UPDATES AND IMPROVEMENTS OF THE INTERNAL CONTROLS AND PROCEDURES IN THESE AREAS. Summary: SUSAN WATTS KREITER A SALES ASSISTANT EMPLOYED BY A.G. EDWARDS & SONS, INC. DEFRAUDED VIRGINIA INVESTORS OF FUNDS TOTALING OVER $278,000. CONTACT: HAZEL STEWART, BROKER-DEALER EXAMINER, 804-371-9685. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: COMMONWEALTH OF VIRGINIA SECURITIES DIVISION Date initiated: 03/23/1998 Docket/ Case Number: SEC980015 Allegations: SEE ITEM 13. Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/23/1998 Sanctions Ordered: Monetary/Fine Monetary Amount: $5,000.00 Other Sanctions: $1000 REIMBURSEMENT FOR COSTS OF INVESTIGATION. Resolution Details: A.G. EDWARDS & SONS, INC. PAID $6000. DATE PAID IS UNAVAILABLE NASD BrokerCheck October 17, 2005 Page 27 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) BUT BELIEVED TO BE WITHIN 30 DAYS OF 3/23/1998. Summary: A.G. EDWARDS & SONS, INC. NAMED IN OFFER OF SETTLEMENT WITH THE COMMONWEALTH OF VIRGINIA WHEREBY EDWARDS AGREES TO PAY A PENALTY OF $5000 AND $1000 AS REIMBURSEMENT FOR THE COSTS OF THE DIVISION'S INVESTIGATION INTO THE ACTIVITIES OF A FORMER BACK OFFICE EMPLOYEE. ******* REGULATORY ACTION (39 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/10/1998 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 03/10/1998 Docket/ Case Number: C04980005 Allegations: Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/10/1998 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $250.00 Resolution Details: Summary: ON MARCH 10, 1998, DISTRICT NO. 4 NOTIFIED RESPONDENT A.G. EDWARDS & SONS, INC. THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. C04980005 WAS ACCEPTED; THEREFORE, THE FIRM IS CENSURED AND FINED $250 - (MSRB RULE G-37 - RESPONDENT MEMBER FAILED TO REFLECT NEGOTIATED UNDERWRITINGS ON FORM G-37/G-38). *** $250.00 PAID ON 4/27/98, INVOICE NO. 98-04-318 *** *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 03/10/1998 Docket/ Case Number: CO 4980005 Allegations: SEE ITEM 13. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/10/1998 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $250.00 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $250.00. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 3/10/98. Summary: MARCH 10, 1998, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT WHEREBY EDWARDS IS CENSURED AND FINED $250.00 FOR VIOLATIONS OF MSRB RULE G-37. ******* REGULATORY ACTION (40 of 68) ******* Reporting Source: Regulator (Form U-6) NASD BrokerCheck October 17, 2005 Page 28 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Date Reported: 09/11/1997 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 09/11/1997 Docket/ Case Number: CMS 970029 AWC Allegations: Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 09/11/1997 Sanctions Ordered: Monetary/Fine Monetary Amount: $2,000.00 Resolution Details: Summary: LETTER OF ACCEPTANCE, WAIVER & CONSENT NO. CMS970029 AWC. ON SEPTEMBER 11, 1997, A.G. EDWARDS & SONS, INC. (AGED) WAS NOTIFIED THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT (AWC) IT SUBMITTED WAS ACCEPTED BY THE MARKET REGULATION AND THE NATIONAL BUSINESS CONDUCT COMMITTEES. THE AWC ALLEGES THAT AGED VIOLATED SEC RULES 10b-10(a)(2) AND 17a-3, AND NASD CONDUCT RULES 3110 AND 3110(b)(2) FOR THE FOLLOWING ACTIVITY: AGED FAILED TO PROVIDE, ON TWO OCCASIONS, WRITTEN NOTIFICATION TO ITS CUSTOMERS OF THE REPORTED TRADE PRICE, AND THE DIFFERENCE BETWEEN THE REPORTED REPORTED TRADE PRICE AND THE PRICE TO EACH SUCH CUSTOMER; FAILED TO INDICATE ON THE MEMORANDUM FOR EIGHT TRANSACTIONS IN NON-NASDAQ SECURITIES THE NAME OF EACH DEALER CONTACTED AND THE QUOTATIONS RECEIVED TO DETERMINE THE BEST INTER-DEALER MARKET; AND FAILED TO TIME STAMP THE EXECUTION TIME ON ELEVEN ORDER TICKETS. AGED WAS FINED $2,000. ******* $2,000 PAID ON 10/16/97, INVOICE NO. 97-MS-878 ******* *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 09/11/1997 Docket/ Case Number: CMS970029 Allegations: SEE ITEM 13. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 09/18/1997 Sanctions Ordered: Monetary/Fine Monetary Amount: $2,000.00 Resolution Details: A.G. EDWARDS & SONS,INC. PAID $2000 ON A DATE BELIEVED TO BE WITHIN 30 DAYS OF 09/18/1997. Summary: SEPTEMBER 18, 1997, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT, WHEREBY A.G. EDWARDS & SONS, INC. IS FINED $2000 FOR VIOLATIONS OF SEC RULE 10B-10(A)(2) AND CONDUCT RULE 3100(B)(2), SEC RULE 17-A-3(6) AND CONDUCT RULE 3110. ******* REGULATORY ACTION (41 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 06/18/1997 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. NASD BrokerCheck October 17, 2005 Page 29 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Date initiated: 06/18/1997 Docket/ Case Number: C3A970045 Allegations: Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/18/1997 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $15,000.00 Resolution Details: Summary: ON JUNE 18, 1997, DISTRICT NO. 3 NOTIFIED RESPONDENTS A.G. EDWARDS & SONS, INC. AND BRUCE REED THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. C3A970045 WAS ACCEPTED; THEREFORE, THEY ARE CENSURED AND FINED $15,000, JOINTLY AND SEVERALLY AND RESPONDENT REED IS REQUIRED TO REQUALIFY AS A BRANCH MANAGER BY TAKING THE SERIES 8 EXAM WITHIN 120 DAYS OF THE DATE UPON WHICH THIS AWC BECOMES FINAL OR CEASE TO FUNCTION AS A BRANCH MANAGER UNTIL HE SO REQUALIFIES - (NASD RULE 3010 - RESPONDENT MEMBER, ACTING THROUGH RESPONDENT REED, FAILED TO SUPERVISE A REPRESENTATIVE IN A MANNER REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH NASD RULES PERTAINING TO PRIVATE SECURITIES TRANSACTIONS). **$15,000.00 PAID J&S ON 8/07/97, INVOICE #97-3A-609** *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 06/18/1997 Docket/ Case Number: C3A970045 Allegations: SEE ITEM 13. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/18/1997 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $15,000.00 Other Sanctions: SEE 12C Resolution Details: A.G. EDWARDS & SONS, INC. PAID $15,000 FINE WITHIN 30 DAYS OF 6/18/97. Summary: JUNE 18, 1997, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT FOR VIOLATION OF CONDUCT RULE 3010. ******* REGULATORY ACTION (42 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 06/27/2003 Initiated By: UNITED STATES COMMODITY FUTURES TRADE COMMISSION Date initiated: 11/13/1996 Docket/ Case Number: 97-2 NASD BrokerCheck October 17, 2005 Page 30 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Allegations: THE CFTC PROCEEDINGS BULLETIN DATED DECEMBER 31, 1996, PAGE 1, DISCLOSES: THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") FILED A COMPLAINT AGAINST A. G. EDWARDS & SONS INC. UNDER THE PROVISIONS OF CFTC ACTS 4(A), 4C(B), 4M(1), 4O(1), 4B AND 4C(B) AND REGULATIONS 33.10, 4.13(B), 4.31(A) AND 166.2. Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 06/20/2003 Sanctions Ordered: Monetary/Fine Monetary Amount: $45,000.00 Resolution Details: CFTC DOCKET NO. 97-2, DATED JUNE 20, 2003: THE CFTC ANNOUNCED THAT THE RESPONDENT HAS SUBMITTED AN OFFER OF SETTLEMENT WITHOUT ADMITTING OR DENYING THE ALLEGATIONS; THEREFORE, IT IS ORDERED THAT RESPONDENT SHALL PAY A CIVIL MONETARY PENALTY IN THE AMOUNT OF $45,000 WITHIN FIVE DAYS OF THE DATE OF THIS ORDER. IN ACCORDANCE WITH SECTION 6(E)(2) OF THE ACT, 7 U.S.C. SECTION 9A(2), IF RESPONDENT FAILS TO MAKE PAYMENT OF THE PENALTY WITHIN FIFTEEN (15) DAYS OF THE RESPECTIVE DUE DATE, IT SHALL BE AUTOMATICALLY PROHIBITED FROM TRADING ON OR SUBJECT TO THE RULES OF ANY REGISTERED ENTITY, AS DEFINED IN SECTION 1A(29) OF THE ACT, 7 U.S.C. SECTION 1A(29), AND ITS REGISTRATION SHALL BE AUTOMATICALLY SUSPENDED UNTIL IT SHOWS TO THE SATISFACTION OF THE CFTC THAT PAYMENT OF THE FULL AMOUNT OF THE PENALTY WITH INTEREST THEREON TO THE DATE OF PAYMENT HAD BEEN MADE. Summary: *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 07/11/2003 Initiated By: CFTC Date initiated: 11/13/1996 Docket/ Case Number: 97-2 Allegations: SEE ITEM 13 Current Status: Final Resolution: Order Resolution Date: 06/23/2003 Sanctions Ordered: Monetary/Fine Monetary Amount: $45,000.00 Resolution Details: OFFER OF SETTLEMENT Summary: NOVEMBER 13, 1996, A.G. EDWARDS & SONS, INC. IS NAMED IN A "COMPLAINT & NOTICE OF HEARING" BY THE COMMODITY FUTURES TRADE COMMISSION FOR ALLEGED VIOLATIONS OF SECTION 4M(1) OF THE COMMODITY EXCHANGE ACT AND OF REGULATION 166.2 BY AN AGENT OF EDWARDS. ******* REGULATORY ACTION (43 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 11/22/1996 Initiated By: CONNECTICUT DEPT. OF BANKING Date initiated: 11/22/1996 Docket/ Case Number: 96-2954-CO Allegations: ALLEGED FAILURE TO SUPERVISE CERTAIN BRANCH OFFICE OPERATIONS NASD BrokerCheck October 17, 2005 Page 31 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) IN CONJUNCTION WITH THE HAND-DELIVERY OF CLIENT CHECKS AND THE REVIEW OF DOUBLE-ENDORSED CHECKS. Current Status: Final Resolution: Consent Resolution Date: 11/22/1996 Sanctions Ordered: Monetary/Fine Monetary Amount: $10,000.00 Resolution Details: CONSENT ORDER ENTERED 11/22/96. IN FURTHERANCE OF ITS DESIRE TO INFORMALLY RESOLVE THE MATTER WITH THE DEPT. THE FIRM MADE A $5,000 CONTRIBUTION TO THE AGENCY'S INVESTOR EDUCATION FUND. THE CONSENT ORDER DIRECTED THE FIRM TO ISSUE A COMPLIANCE ALERT TO ITS CONNECTICUT BRANCHES. THE COMPLIANCE ALERT WOULD FOCUS ON THE HAND-DELIVERY OF CHECKS BY AGENTS AND THE FIRM'S REVIEW OF DOUBLE ENDORSED CHECKS. IN ADDITION, FOR 1 YEAR, THE FIRM'S INTERNAL AUDIT DEPT. WOULD BE REQUIRED TO CONDUCT QUARTERLY REVIEWS OF CONNECTICUT BRANCH OFFICE COMPLIANCE WITH THE COMPLIANCE ALERT'S POLICIES AND PROCEDURES. THE CONSENT ORDER ALSO CONTEMPLATED THAT THE FIRM WOULD HOLD A COMPLIANCE SEMINAR FOR ALL CT BRANCH MANAGERS WITHIN 120 DAYS. IN ADDITION, SATISFACTION OF THE REGULATORY ELEMENT OF THE NASD'S CONTINUING EDUCATION PROGRAM WOULD BE REQUIRED FOR BRANCH OFFICE MANAGERS OF THE FIRM'S WILTON, CT AND DANBURY, CT OFFICES, AS WELL AS ALL CT BRANCH OFFICE MANAGERS WHO WOULD OTHERWISE BE REQUIRED TO COMPLETE THE PROGRAM. THE CONSENT ORDER ALSO FINED THE FIRM $10,000 AND REQUIRED THAT IT PAY AN ADDITIONAL $5,000 AS REIMBURSEMENT FOR AGENCY INVESTIGATIVE COSTS (TOTAL: $15,000). Summary: CONTACT: SID IGDALSKY, 860-240-8234. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: CONNECTICUT DEPARTMENT OF BANKING Date initiated: 11/22/1996 Docket/ Case Number: 96-2954-CO Allegations: SEE ITEM 13. Current Status: Final Resolution: Consent Resolution Date: 11/22/1996 Sanctions Ordered: Monetary/Fine Monetary Amount: $10,000.00 Other Sanctions: $5000 COSTS Resolution Details: A.G. EDWARDS & SONS, INC. PAID $15,000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 11/22/1996. Summary: NOVEMBER 22, 1996, A.G. EDWARDS & SONS, INC. WITHOUT ADMITTING OR DENYING WRONGDOING, AND SOLELY TO OBVIATE THE NEED FOR FORMAL ADMINISTRATIVE PROCEEDINGS, ENTERED INTO A CONSENT ORDER WITH THE STATE OF CONNECTICUT WHEREBY A.G. EDWARDS IS FINED $10,000 AND COSTS, AND A.G. EDWARDS AGREES TO TAKE CERTAIN OTHER ACTIONS IN RELATIONS TO MANAGEMENT AWARENESS AND POLICY REVIEW. NO RULE VIOLATIONS WERE CITED. ******* REGULATORY ACTION (44 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 12/20/1995 Initiated By: ARKANSAS SECURITIES DEPARTMENT NASD BrokerCheck October 17, 2005 Page 32 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Date initiated: 12/20/1995 Docket/ Case Number: 95-71-S Allegations: FAILURE TO SUPERVISE AGENT AND FAILURE TO TAKE REASONABLE MEASURES TO PREVENT UNAUTHORIZED, UNSUITABLE, MISLEADING AND UNETHICAL SALES PRACTICES Current Status: Final Resolution: Consent Resolution Date: 12/20/1995 Sanctions Ordered: Monetary/Fine Monetary Amount: $5,000.00 Resolution Details: ORDER NO. 95-71-S ENTERED IN THE MATTER OF A. G. EDWARDS & SONS, INC. AND WILFORD ROBERT TAYLOR. TAYLOR WAS CENSURED FOR VIOLATING THE ARKANSAS SECURITIES ACT. A.G.EDWARDS WAS FINED $5,000 AND ORDERED TO MAKE FULL RESTITUTION TO TWO CUSTOMERS ,MORRISS AND WALLACE, IN THE AMOUNT OF $65,000 AND $3,739 RESPECTIVELY. BOTH TAYLOR AND A.G.EDWARDS SUBMITTED PLANS TO IMPROVE SUPERVISION OF THE ARKANSAS BRANCH OFFICE OF WHICH TAYLOR WAS SUPERVISOR. Summary: MICHAEL SCOTT AKIN (#1994539) WAS REGISTERED AS AN AGENT OF A.G. EDWARDS & SONS, INC. FROM 11/27/89 UNTIL 8/21/95. DURING A PERIOD FROM 10/22/92 UNTIL 12/30/94, AKIN ENGAGED IN DISHONEST AND UNETHICAL PRACTICES IN THE ACCOUNTS OF TWO CUSTOMERS OF A.G. EDWARDS. WILFORD ROBERT TAYLOR (#443552) WAS THE PERSON NAMED BY A.G. EDWARDS AS THE PERSON WITH IMMEDIATE SUPERVISORY AUTHORITY OVER AGENTS IN THE EUREKA SPRINGS, ARKANSAS BRANCH OFFICE, WHICH INCLUDED AKIN. BASED UPON ITS INVESTIGATION, THE STAFF OF THE DEPARTMENT CONCLUDED THAT TAYLOR AND A.G. EDWARDS FAILED TO SUPERVISE AKIN'S ACTIVITIES AND FAILED TO EXERCISE MEASURES TO PREVENT THE UNSUITABLE RECOMMENDATIONS, UNAUTHORIZED TRANSACTIONS, AND OTHER UNFAIR, MISLEADING AND UNETHICAL PRACTICES ENGAGED IN BY AKIN. CONTACT: BRUCE BOKONY, CHIEF COUNSEL, 501-324-9260 *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: ARKANSAS SECURITIES DEPARTMENT Date initiated: 12/20/1995 Docket/ Case Number: 95-71-S Allegations: SEE ITEM 13. Current Status: Final Resolution: Consent Resolution Date: 12/20/1995 Sanctions Ordered: Monetary/Fine, Disgorgement/Restitution Monetary Amount: $5,000.00 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $5000 ADMINISTRATIVE PENALTY AND RESTITUTION TO TWO CUSTOMERS IN THE AMOUNTS OF $65,000 AND $3739. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 12/20/1995. Summary: DECEMBER 20, 1995, A.G. EDWARDS & SONS, INC. ENTERED INTO A CONSENT ORDER WITH THE ARKANSAS SECURITIES DEPARTMENT WHEREBY A.G. EDWARDS IS TO PAY AN ADMINISTRATIVE PENALTY OF $5000 TO THE DEPARTMENT FOR VIOLATION OF ARKANSAS CODE 23-42-308(A)(2)(J). ******* REGULATORY ACTION (45 of 68) ******* NASD BrokerCheck October 17, 2005 Page 33 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Reporting Source: Regulator (Form U-6) Date Reported: Initiated By: FLORIDA DIVISION OF SECURITIES Date initiated: 06/26/1991 Docket/ Case Number: 1498-S-5/91 Allegations: NOT PROVIDED Current Status: Final Resolution: Stipulation and Consent Resolution Date: 10/09/1991 Sanctions Ordered: Disgorgement/Restitution Resolution Details: ON OCTOBER 9, 1991, THE FLORIDA DEPARTMENT OF BANKING AND FINANCE, DIVISION OF SECURITIES AND INVESTOR PROTECTION ENTERED INTO A STIPULATION AND CONSENT AGREEMENT WITH RESPONDENT A. G. EDWARDS AND SONS INC. WHEREBY A. G. EDWARDS HAS AGREED TO REIMBURSE THE DEPARTMENT $500.00 IN COSTS AND IN CONJUNCTION WITH RESPONDENT FLAMMIO, REIMBURSE DORA L. CLANCY $11,000.00. Summary: NOT PROVIDED *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: FLORIDA DIVISION OF SECURITIES Date initiated: 11/01/1991 Docket/ Case Number: 1498-S-5/91 AND 1498A-S-5/91 Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 11/01/1991 Sanctions Ordered: Monetary/Fine, Disgorgement/Restitution Monetary Amount: $500.00 Other Sanctions: REIMBURSE CLIENT $11,000 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $500 REIMBURSEMENT FOR COSTS AND $11,000 REIMBURSED TO CLIENT. DATE PAID IS NOT AVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 11/1/1991. Summary: NOVEMBER 1, 1991, A.G. EDWARDS & SONS, INC. SOLELY FOR THE PURPOSE OF RESOLVING THE ACTION AGREED, WITHOUT ADMITTING THE ALLEGATIONS OF THE COMPLAINT, TO ENTRY OF A FINAL ORDER WITH NO FINDINGS OF VIOLATIONS REGARDING THE FLORIDA ADMINISTRATIVE PROCEEDING #1498-S-5/91 AND #1498A-S-5/91. ******* REGULATORY ACTION (46 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 02/18/1982 Initiated By: ALABAMA Date initiated: 02/18/1982 Docket/ Case Number: Unknown NASD BrokerCheck October 17, 2005 Page 34 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Allegations: Current Status: Final Resolution: Consent Resolution Date: 02/18/1982 Sanctions Ordered: Cease and Desist/Injunction Resolution Details: Summary: ALABAMA SECURITIES COMMISSIONER VS. A.G. EDWARDS & SONS, INC. TEMPORARY CEASE AND DESIST ORDER ISSUED FEBRUARY 18, 1982, PROHIBITING FURTHER OFFERS OR SALES OF SECURITIES BY NON REGISTERED PERSONNEL; THIS ADMINISTRATIVE ORDER WAS TERMINATED AT THE SIGNING OF A CONSENT ORDER, AGREEING TO ABIDE BY THE SECURITIES ACT OF ALABAMA. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 10/17/2002 Initiated By: ALABAMA SECURITIES COMMISSION Date initiated: 02/18/1982 Docket/ Case Number: CS-82-2 Allegations: OFFER OR SALE OF SECURITIES BY UNREGISTERED INDIVIDUALS Current Status: Final Resolution: Order Resolution Date: 08/25/1982 Sanctions Ordered: Other Sanctions: SEE #13 Resolution Details: SEE #13 Summary: TEMPORARY CEASE AND DESIST ORDER ISSUED FEBRUARY 18, 1982 PROHIBITING FURTHUR OFFER OFFER OR SALES OF SECURITIES BY NON-REGISTERED PERSONNEL; THIS ADMINISTRATIVE ORDER WAS TERMINATED AT THE SIGNING OF A CONSENT ORDER AGREEING TO ABIDE BY THE SECURITIES ACT OF ALABAMA. ******* REGULATORY ACTION (47 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 08/10/1969 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 08/06/1968 Docket/ Case Number: TEX-125 Allegations: Current Status: Final Resolution: Decision Resolution Date: 07/11/1969 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $1,000.00 Resolution Details: NASD BrokerCheck October 17, 2005 Page 35 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Summary: COMPLAINT TEX-125 FILED 08/06/68. DECISION 07/11/69 CENSURED AND FINE $1000, ASSESSED COSTS DECISION FINAL 08/10/69. FINES AND COSTS PAID *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 07/11/1969 Docket/ Case Number: TEX-125 Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 07/11/1969 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $1,000.00 Other Sanctions: $937 COSTS Resolution Details: A.G. EDWARDS PAID $1937 ON 8/10/1969. Summary: JULY 11, 1969, A.G. EDWARDS & SONS, INC. CENSURED, FINED $1000 AND ASSIGNED COSTS OF PROCEEDING BY NASD FOR VIOLATION OF SECTIONS 1 & 27 OF ARTICLE III, NASD RULES OF FAIR PRACTICE. ******* REGULATORY ACTION (48 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 04/24/1994 Initiated By: VERMONT SECURITIES DIVISION Date initiated: 04/24/1994 Docket/ Case Number: 94-003-S Allegations: EMPLOYING UNREGISTERED SALES REPRESENTATIVES IN VERMONT AND FAILING TO SUPERVISE SAID REPRESENTATIVES TO PREVENT UNREGISTERED ACTIVITY. Current Status: Final Resolution: Consent Resolution Date: 04/24/1994 Sanctions Ordered: Monetary/Fine Monetary Amount: $1,500.00 Resolution Details: RESPONDENT ENTERED INTO A CONSENT ORDER WHEREIN IT NEITHER ADMITTED NOR DENIED THE DIVISION'S ALLEGATIONS THAT IT EMPLOYED UNREGISTERED SALES REPRESENTATIVES IN VIUOLATION OF 9 VSA 4213(b) AND FAILED TO REASONABLY SUPERVISE SAID REPRESENTATIVES IN VIOLATION OF 9 VSA 4221a(a)(11) TO PREVENT UNREGISTERED ACTIVITY. A FINE OF $1500.00 AND COSTS OF $250 WERE PAID. SALES REPRESENTATIVES MARY ANN MCLAUGHLIN CRD# 708820, AND JOHN T. MATWEY, CRD# 2319524 WERE NAMED RESPONDENTS IN THE ORDER. THEIR PORTION OF THE FINE AMOUNTED TO COMMISSIONS EARNED ON THE TRANSACTIONS EFFECTED WHILE UNREGISTERD IN VERMONT. Summary: CONTACT: ENFORCEMENT ATTORNEY 802-828-3420 *********************************** NASD BrokerCheck October 17, 2005 Page 36 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: VERMONT SECURITIES DIVISION Date initiated: 04/24/1994 Docket/ Case Number: 94-003-S Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 04/24/1994 Sanctions Ordered: Monetary/Fine Monetary Amount: $1,500.00 Other Sanctions: $250 ADMINISTRATIVE COSTS Resolution Details: A.G. EDWARDS & SONS, INC. PAID $1750. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 04/24/1994. Summary: VERMONT SECURITIES DIVISION ALLEGED VIOLATION OF SECTION 9 V.S.A. 4213 AND 4221. A.G. EDWARDS ENTERED INTO A CONSENT ORDER WHEREBY WITHOUT FINDINGS OR ADMISSIONS OF VIOLATIONS, A.G. EDWARDS PAID AN ADMINISTRATIVE PENALTY OF $1500 PLUS $250 IN ADMINISTRATIVE COSTS. ******* REGULATORY ACTION (49 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 11/22/1993 Initiated By: IDAHO DEPARTMENT OF FINANCE Date initiated: 11/22/1993 Docket/ Case Number: 1993-7-71 Allegations: RESPONDENT GERALD MYERS, A REGISTERED REPRESENTATIVE FOR A G EDWARDS & SONS, INC., RECOMMENDED TO CUSTOMERS THAT THEY SELL THEIR RJR NABISCO COMMON STOCK AND BUY RJR NABISCO PREFERRED CONVERTIBLE STOCK. CUSTOMERS WERE TOLD THIS WOULD GENERATE HIGHER DIVIDENDS. IN ACTUALITY, COMMISSIONS CHARGED EXCEEDED DIVIDENDS. Current Status: Final Resolution: Decision Resolution Date: 11/22/1993 Sanctions Ordered: Monetary/Fine Monetary Amount: $1,000.00 Resolution Details: A G EDWARDS PAID A $1,000 FINE, SENT A LETTER OF APOLOGY, OFFERED RESCISSION AND AGREED TO CONDUCT SPECIAL SUPERVISION OF MYERS FOR A PERIOD OF SIX (6) MONTHS. AG EDWARDS ADMITS THAT THE CONDUCT OF RESPONDENT MYERS WAS INAPPROPRIATE. Summary: EXPECTATIONS CONVEYED TO THE CUSTOMERS FOR THE RECOMMENDATIONS MYERS MADE COULD NOT BE FULFILLED BECAUSE THE COMMISIONS TO BE CHARGED AND THE PRICE SPREAD BETWEEN THE COMMON AND PREFERRED STOCK EXCEEDED THE INCOME EXPECTED FROM THE HIGHER DIVIDENDS. AG EDWARDS MANAGEMENT PERSONNEL FAILED TO INVESTIGATE AND HALT THE SWITCHES. CONTACT: BILL BLESSING - 208/334-3684 *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: NASD BrokerCheck October 17, 2005 Page 37 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Initiated By: IDAHO SECURITIES BUREAU Date initiated: 11/22/1993 Docket/ Case Number: 1993-7-1 Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 11/22/1993 Sanctions Ordered: Monetary/Fine Monetary Amount: $1,000.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $1000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 11/22/1993. Summary: NOVEMBER 22,1993, A.G. EDWARDS & SONS, INC. ENTERED INTO AN ORDER WITH THE IDAHO SECURITIES BUREAU WHERE A.G. EDWARDS IS TO PAY A $1000 FINE TO THE DEPARTMENT OF FINANCE. THERE WERE NO FINDINGS OF VIOLATIONS. ******* REGULATORY ACTION (50 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 06/20/1990 Initiated By: CBOE Date initiated: 06/20/1990 Docket/ Case Number: 88-0109B Allegations: See summary Current Status: Final Resolution: Decision Resolution Date: 06/20/1990 Sanctions Ordered: Censure Resolution Details: A censure. Summary: An Edwards' Branch Office Manager and therefore Edwards failed adequately to supervise a RR of Edwards' by allowing the RR to effect numerous option transactions in several public customer accounts on a discretionary basis without prior written authorization from each customer and the prior approval of Edwards. (CBOE Rules 4.2 and 9.8) *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: CBOE Date initiated: 06/20/1990 Docket/ Case Number: 88-0109B Allegations: SEE ITEM 13. Current Status: Final Resolution: Settled NASD BrokerCheck October 17, 2005 Page 38 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Resolution Date: 06/20/1990 Sanctions Ordered: Censure Other Sanctions: NONE Resolution Details: NONE Summary: JUNE 20, 1980, A.G. EDWARDS & SONS, INC. ACCEPTED THROUGH AN OFFER OF SETTLEMENT,A CENSURE BY THE CBOE IN RELATION TO EXCHANGE RULES 4.2 AND 9.8. ******* REGULATORY ACTION (51 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 08/21/1991 Initiated By: CBOE Date initiated: 08/21/1991 Docket/ Case Number: 89-0127 Allegations: Not Provided Current Status: Final Resolution: Consent Resolution Date: 08/21/1991 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $2,500.00 Resolution Details: A $2,500 fine and a censure. Summary: AGE failed adequately to supervise a Registered Representative at its Newton, Kansas branch office by allowing the RR: 1) to effect numerous transactions in AGE stock and options on a solicited basis for several public customer accounts; 2) to effect numerous unsuitable index option transactions for a public customer account; and 3) to effect numerous excessive option transctions for several public customer accounts. In addition, AGE reported to the Central Registration Depository ("CRD") a Voluntary Consent and Undertaking entered into between its Newton, Kansas branch office manager and the State of Kansas Securities Commission, but failed to report the aforementioned consent and Undertaking to the Exchange in writing within a reasonable time. (CBOE Rules 4.2, 4.9 and 9.8) *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: CBOE Date initiated: 07/25/1991 Docket/ Case Number: 89-0127 Allegations: SEE ITEM 13. Current Status: Final Resolution: Settled Resolution Date: 07/25/1991 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $2,500.00 Other Sanctions: NONE NASD BrokerCheck October 17, 2005 Page 39 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Resolution Details: A.G. EDWARDS & SONS, INC. PAID $2500 WITHIN 30 DAYS OF 07/25/1991. Summary: JULY 25,1991, A.G. EDWARDS & SONS, INC. ACCEPTED, THROUGH AN OFFER OF SETTLEMENT, A CENSURE AND $2500 FINE BY THE CBOE IN RELATION TO EXCHANGE RULES 4.2, 4.9 AD 9.8. ******* REGULATORY ACTION (52 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/09/1992 Initiated By: CBOE Date initiated: 03/09/1992 Docket/ Case Number: 90-0058 & 90-0058(A) Allegations: Not Provided Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/09/1992 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Resolution Details: Censure of each respondant and a joint and several fine of $7,500. Summary: This matter was resolved wherein the Respondents submitted an offer of settlement in which they agreed to the following stipulation of facts and findings without admitting or denying that Exchange rules have been\ violated in which A. G. Edwards & Sons, Inc., an Exchange member organization, and Harold T. Morrow, a Branch Office Manager at the firm's Brownsville, Texas branch office, were each censured and jointly and severally fined $7,500 due to their failure to adequately supervise Dennis Frank, a Registered Representative of AGE, who 1) effected numerous options transactions in a public customer's accounts which were excessive in size and frequently; and 2) effected numerous unsuitable option transactions for the customer's accounts.In accepting the offer of settlement, the BCC considered the fact that AGE contributed approximately $1,000,000 toward settlement with the public customer. (CBOE Rules 4.2 and 9.8) *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: CBOE Date initiated: 03/09/1992 Docket/ Case Number: 90-0058 & 90-0058(A) Allegations: SEE ITEM 13. Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/09/1992 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $7,500.00 Other Sanctions: NONE Resolution NASD BrokerCheck October 17, 2005 Page 40 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Details: A.G. EDWARDS & SONS, INC. PAID $7500 WITHIN 30 DAYS OF 03/09/1992. Summary: MARCH 9, 1992, A.G. EDWARDS & SONS, INC. ACCEPTED, THROUGH AN OFFER OF SETTLEMENT, A CENSURE AND $7500 FINE BY THE CBOE IN RELATION TO EXCHANGE RULES 4.2 AND 9.8. ******* REGULATORY ACTION (53 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 12/03/1981 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 12/03/1981 Docket/ Case Number: SC-33 Allegations: Current Status: Pending Summary: SUMMARY COMPLAINT SC-33 FILED 12-3-81, ALLEGING VIOLATIONS OF ARTICLE III, SECTION 1 OF THE RULES OF FAIR PRACTICE IN THAT A.G. EDWARDS & SONS SOLD SHARES OF A SECURITY, WHICH ROSE TO A PREMIUM IN THE IMMEDIATE AFTERMARKET, TO THE JOINT ACCOUNT OF RESPONDENTS A. ADDY AND W. ADDY; AND, RESPONDENTS SCHROTT AND BAKER SOLD SHARES OF SAID SECURITY TO THE ACCOUNTS OF TWO CUSTOMERS, WHEN SUCH ACCOUNTS DID NOT HAVE ADEQUATE INVESTMENT HISTORY WITH THE MEMBER. ******* REGULATORY ACTION (54 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/01/1985 Initiated By: SOUTH CAROLINA Date initiated: 03/01/1985 Docket/ Case Number: Allegations: Current Status: Final Resolution: Consent Resolution Date: 03/01/1985 Sanctions Ordered: Cease and Desist/Injunction Resolution Details: Summary: SOUTH CAROLINA CHIEF INSURANCE COMMISSIONER VS. A.G. EDWARDS & SONS, INC. CONSENT ORDER DATED MARCH 1, 1985 AGREEING TO PAY PENALTY OF $6,000 AND ITS EMPLOYEES TO REFRAIN FROM ACTING AS INSURANCE AGENTS WITHOUT PROPER LICENSING. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 08/27/2005 Initiated By: SOUTH CAROLINA CHIEF INSURANCE COMMISSIONER Date initiated: 03/01/1985 Docket/ Case Number: N/A Allegations: CONSENT ORDER Current Status: Final NASD BrokerCheck October 17, 2005 Page 41 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Resolution: Order Resolution Date: 03/01/1985 Sanctions Ordered: Monetary/Fine Monetary Amount: $6,000.00 Resolution Details: CONSENT ORDER AND FINE Summary: ******* REGULATORY ACTION (55 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 02/25/1985 Initiated By: GEORGIA Date initiated: 02/25/1985 Docket/ Case Number: EX=BU-84-13 Allegations: Current Status: Final Resolution: Consent Resolution Date: 02/25/1985 Sanctions Ordered: Monetary/Fine Monetary Amount: $7,500.00 Resolution Details: Summary: GEORGIA COMMISSIONER OF INSURANCE VS. A.G. EDWARDS & SONS, INC. CONSENT ORDER NO. EX=BU-84-13, FEBRUARY 25, 1985, AGREEING TO PAY PENALTY OF $7,500 AND TO REFRAIN FROM VIOLATING THE GEORGIA INSURANCE CODE. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 08/27/2005 Initiated By: GEORGIA Date initiated: 02/25/1985 Docket/ Case Number: EX=BU-84-13 Allegations: VIOLATION OF GEORGIA INSURANCE CODE Current Status: Final Resolution: Order Resolution Date: 02/25/1985 Sanctions Ordered: Monetary/Fine Monetary Amount: $7,500.00 Other Sanctions: CEASE AND DESIST ANY FURTHER VIOLATIONS OF THE GEORGIA INSURANCE CODE. Resolution Details: $7500 FINE. Summary: NASD BrokerCheck October 17, 2005 Page 42 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) ******* REGULATORY ACTION (56 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/31/1975 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 01/30/1975 Docket/ Case Number: N-VS-90 Allegations: Current Status: Final Resolution: Consent Resolution Date: 03/31/1975 Sanctions Ordered: Monetary/Fine Monetary Amount: $25.00 Resolution Details: Summary: NASDAQ COMPLAINT #N-VS-90 FILED 1-30-75 ACCEPTED 2-4-75, PAID $25.00 FINAL 3-31-75 ******* REGULATORY ACTION (57 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 06/01/1965 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 06/01/1965 Docket/ Case Number: 108 Allegations: Current Status: Pending Summary: COMPLAINT 108 FILED 06/01/65. (FT. WORTH, TEXAS BRANCH OFFICE) ******* REGULATORY ACTION (58 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 06/23/1983 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 02/18/1982 Docket/ Case Number: KC-252 Allegations: Current Status: Final Resolution: Decision Resolution Date: 06/23/1983 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $137.50 Resolution Details: NASD BrokerCheck October 17, 2005 Page 43 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Summary: COMPLAINT KC-252 FILED 02/18/82 DIST. #4 DECISION 06/23/83: CENSURED AND FINED $137.50, J&S FINES & COSTS PAID IN FULL #8486 07/15/83 FC 8495 - 07/26/83 *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 06/23/1983 Docket/ Case Number: KC-252 Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 06/23/1983 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $137.50 Other Sanctions: COSTS Resolution Details: A.G. EDWARDS PAID $198.75 ON 07/15/1983. Summary: JUNE 23, 1983, A.G. EDWARDS & SONS, INC. CENSURED AND FINED JOINTLY AND SEVERALLY WITH THREE INDIVIDUALS FOR A TOTAL OF $198.75 BY NASD FOR VIOLATION OF ARTICLE III, SECTION 1 OF THE RULES OF FAIR PRACTICE. ******* REGULATORY ACTION (59 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 04/26/1983 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 08/11/1982 Docket/ Case Number: NEW-335 Allegations: Current Status: Final Resolution: Decision Resolution Date: 04/26/1983 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $3,500.00 Resolution Details: Summary: COMPLAINT #NEW-335 FILED 08/11/82 DIST. #5 DECISION 04/26/83: CENSURED, FINED $3,500, J&S, AND ASSESSED COSTS OF $90. FINES & COSTS FC #8457 PAID IN FULL 06/22/83 *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 08/11/1982 Docket/ Case Number: NEW-355 NASD BrokerCheck October 17, 2005 Page 44 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Allegations: SEE ITEM 13. Current Status: Final Resolution: Decision Resolution Date: 08/11/1982 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $3,500.00 Other Sanctions: COSTS $90 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $3590 ON 6/22/1983 Summary: AUGUST 11, 1982, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $3500 FOR FAILURE TO SUPERVISE. ******* REGULATORY ACTION (60 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 08/19/1981 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 08/19/1981 Docket/ Case Number: SC-32 Allegations: Current Status: Final Resolution: Decision Resolution Date: 08/19/1981 Sanctions Ordered: Monetary/Fine Resolution Details: Summary: COMPLAINT: #SC-32 FILED 08/19/81 DIST. 4 FINES & COSTS FC-SC32 J & S PAID IN FULL 09/30/81 APPEAL ACTION-APPEALED B/G *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 08/19/1981 Docket/ Case Number: KC-32 Allegations: SEE ITEM 13. Current Status: Final Resolution: Order Resolution Date: 08/19/1981 Sanctions Ordered: Monetary/Fine Monetary Amount: $700.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $700 9/30/1981 Summary: AUGUST 19, 1981, A.G. EDWARDS & SONS, INC. FINED JOINTLY AND NASD BrokerCheck October 17, 2005 Page 45 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) SEVERALLY $700 BY NASD FOR VIOLATION OF SECTION 1, ARTICLE III, OF NASD RULES OF FAIR PRACTICE. ******* REGULATORY ACTION (61 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 03/06/1981 Initiated By: CHICAGO BOARD OPTIONS EXCHANGE Date initiated: 03/06/1981 Docket/ Case Number: 81-0026 Allegations: Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/06/1981 Sanctions Ordered: Monetary/Fine Monetary Amount: $1,000.00 Resolution Details: Summary: CBOE #81-0026 03/06/81 OFFER OF SETTLEMENT 03/06/81: FINED $1,000 03/06/81: ALL RIGHTS WAIVED 03/06/81: FINAL *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: CBOE Date initiated: 03/06/1981 Docket/ Case Number: 81-0026 Allegations: SEE ITEM 13. Current Status: Final Resolution: Settled Resolution Date: 03/06/1981 Sanctions Ordered: Monetary/Fine Monetary Amount: $1,000.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $1000. DATE IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 3/6/81. Summary: MARCH 6, 1981, A.G. EDWARDS & SONS, INC. FINED $1000 BY CBOE FOR VIOLATION OF EXCHANGE RULES 9.7(A). ******* REGULATORY ACTION (62 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 11/26/1980 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 11/26/1980 Docket/ Case Number: K-235 NASD BrokerCheck October 17, 2005 Page 46 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Allegations: Current Status: Final Resolution: Decision Resolution Date: 11/26/1980 Sanctions Ordered: Monetary/Fine Resolution Details: Summary: COMPLAINT #K-235 FILED 11/26/80 DIST. #4 DECISION: FINED FINES & COSTS: FC# SC-251-K J & S PAID IN FULL 03/24/82 ******* REGULATORY ACTION (63 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 08/05/1980 Initiated By: SECURITIES AND EXCHANGE COMMISSION Date initiated: 08/05/1980 Docket/ Case Number: Allegations: Current Status: Final Resolution: Consent Resolution Date: 08/05/1980 Sanctions Ordered: Censure Resolution Details: Summary: SEC ND - 80-152 - REL. 34-17010 AUGUST 5, 1980 PUBLIC ADMINISTRATIVE PROCEEDINGS INSTITUTED. COMMISSION ACCEPTED OFFERS OF SETTLEMENT. DEFENDANT CONSENTED TO ENTRY OF FINDINGS AND ORDER IMPOSING REMEDIAL SANCTIONS WITHOUT ADMITTING OR DENYING THE ALLEGATIONS CONTAINED IN THE ORDER. CENSURED. ******* REGULATORY ACTION (64 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 06/24/1979 Initiated By: OKLAHOMA Date initiated: 03/30/1979 Docket/ Case Number: Allegations: Current Status: Final Resolution: Decision Resolution Date: 06/24/1979 Sanctions Ordered: Resolution Details: Summary: STATE OF OK: 03/30/79 NOTICE OF INTENTION TO REVOKE OR SUSPEND LICENSES WAS ISSUED. STATE OF OK: 05/09/79 JULY 1979 STATE BULLETIN ORDER GRANTING HEARING. STATE OF OK: 05/25/79 JULY NASD BrokerCheck October 17, 2005 Page 47 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) 1979 STATE BULLETIN ORDER SETTING DATE, TIME AND LOCATION OF HEARING AND DESIGNATING HEARING OFFICER. STATE OF OK: 06/24/79 JULY 1979 STATE BULLETIN GIVEN ONE YEAR DEFERMENT OF SANCTION ON THE CONDITIONS LISTED IN STATE BULLETIN MENTIONED ABOVE. STATE OF OK: 08/13/79 OCTOBER 1979 STATE BULLETIN FILE PROPOSED FINDINGS OF FACT BY HEARING OFFICER WITH ADMINISTRATOR. 08/27/79 FILE DEPARTMENT'S PROPOSED FINDINGS OF FACT WITH HEARING OFFICER. *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: 08/27/2005 Initiated By: OKLAHOMA DEPARTMENT OF SECURITIES Date initiated: 10/10/1978 Docket/ Case Number: N/A Allegations: ALLEGED CERTAIN AGENTS SOLICITED THE PURCHASE OF STOCK OR OPTIONS USING FALSE, MISLEADING OR UNTRUE STATEMENTS CLAIMING PRIVILEGED OR INSIDE INFORMATION;PURCHASED STOCK OPTIONS DIFFERENT FROM THOSE AUTHORIZED; SOLICITED UNSUITABLE PURCHASES; MADE UNAUTHORIZED PURCHASES AND SALES; PARTICIPATED IN THE EXCESSIVE TURNOVER OF AN ACCOUNT, AND THAT THE RESIDENT MANAGER FAILED TO PROPERLY SUPERVISE THE AGENTS UNDER HIS SUPERVISION. Current Status: Final Resolution: Order Resolution Date: 06/26/1979 Sanctions Ordered: Resolution Details: Summary: ******* REGULATORY ACTION (65 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 01/30/1979 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 06/15/1978 Docket/ Case Number: N-253 Allegations: Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 01/30/1979 Sanctions Ordered: Censure Resolution Details: Summary: COMPLAINT #N-253 FILED 06/15/78 DIST. #5 DECISION 01/30/79: OFFER OF SETTLEMENT WAS ACCEPTED: CENSURED. ALL RIGHTS WAIVED. 01/30/79: TO BE FINAL FINES & COSTS 01/30/79: FINAL ******* REGULATORY ACTION (66 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 09/04/1975 NASD BrokerCheck October 17, 2005 Page 48 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 09/04/1975 Docket/ Case Number: AWC-14 Allegations: Current Status: Final Resolution: Consent Resolution Date: 09/04/1975 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $250.00 Resolution Details: Summary: COMPLAINT #AWC-14 FILED 09/04/75 DIST. #6 DECISION 09/04/75: CENSURED & FINED $250. 09/04/75: FINAL FINES & COSTS 09/17/75: FC6347-PAID *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 05/19/1975 Docket/ Case Number: AWC-14 Allegations: SEE ITEM 13. Current Status: Final Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 05/19/1975 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $250.00 Other Sanctions: NONE Resolution Details: A.G. EDWARDS & SONS, INC. PAID $250 09/17/1975 Summary: MAY 19, 1975, A.G. EDWARDS & SONS, INC. FINED $250 BY NASD FOR VIOLATION OF SECTION 1, 15(B), AND 19(A) OF ARTICLE III OF THE NASD RULES OF FAIR PRACTICE. ******* REGULATORY ACTION (67 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 10/21/1974 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date initiated: 06/26/1974 Docket/ Case Number: N-223 Allegations: Current Status: Final Resolution: Consent Resolution Date: 10/21/1974 Sanctions NASD BrokerCheck October 17, 2005 Page 49 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Ordered: Monetary/Fine, Censure Monetary Amount: $2,500.00 Resolution Details: Summary: NASD COMPLAINT #N-223 - DISTRICT #5, FILED JUNE 26, 1974, AGAINST RESPONDENTS A.G. EDWARDS & SONS, INC., PAUL M. SHATZ, JOHN (JACK) R. BOLIN, DAVID M. SISLER AND SIEBE R. FORTENBERRY ALLEGING VIOLATIONS OF SECTIONS 1, 2, 15(a) AND (b), 18, 19(a) AND 27 OF ARTICLE III OF THE RULES OF FAIR PRACTICE IN THAT RESPONDENT FORTENBERRY EFFECTED A SERIES OF PURCHASE AND SALE TRANSACTIONS FOR A CUSTOMER WHICH WERE UNSUITABLE AND EXCESSIVE IN SIZE AND IN RELATIONSHIP TO THE INVESTMENT OBJECTIVES AND FINANCIAL NEEDS OF THE CUSTOMER; EXECUTED DISCRETIONARY TRANSACTIONS WITHOUT PRIOR WRITTEN AUTHORIZATION FROM SAID CUSTOMER; ENGAGED IN "CHURNING" IN THAT TRANSACTIONS WERE EFFECTED FOR A CUSTOMER WHICH WERE EXCESSIVE IN SIZE AND FREQUENCY AND WERE UNSUITABLE IN VIEW OF THE CUSTOMERS INVESTMENT OBJECTIVES AND FINANCIAL NEEDS; MADE IMPROPER USE OF A CUSTOMER'S SECURITIES IN THAT TRANSACTIONS EFFECTED FOR THE CUSTOMER WERE SOLD WITHOUT HIS PRIOR PERMISSION OR KNOWLEDGE, AND THEREAFTER UTILIZED THE PROCEEDS FOR THE PURCHASE OF OTHER SECURITIES WHICH WERE EVENTUALLY SOLD FOR THE ACCOUNT OF THE CUSTOMER AT A LOSS; AND RESPONDENT MEMBER AND RESPONDENTS SHATZ, BOLIN AND SISLER FAILED TO PROPERLY SUPERVISE THE ACTIVITIES OF RESPONDENT FORTENBERRY. DECISION RENDERED OCTOBER 21, 1974, WHEREIN THE OFFER OF SETTLEMENT SUBMITTED BY RESPONDENTS WAS ACCEPTED; THEREFORE RESPONDENT MEMBER IS CENSURED, FINED $2,500; RESPONDENT FORTENBERRY IS CENSURED; FINED $2,500; AND SUSPENDED FROM ASSOCIATION FOR FIVE (5) BUSINESS DAYS. THE COMPLAINT IS DISMISSED AS TO RESPONDENTS SHATZ, BOLIN AND SISLER. AS ALL RIGHTS OF APPEAL AND REVIEW HAVE BEEN WAIVED, DECISION IS FINAL AS OF OCTOBER 21, 1974. FC PD 10/29/74 $2500 FC#5910 *********************************** Reporting Source: Brokerage Firm (Form BD) Date Reported: Initiated By: NASD Date initiated: 10/21/1974 Docket/ Case Number: N-223 Allegations: SEE ITEM 13. Current Status: Final Resolution: Decision & Order of Offer of Settlement Resolution Date: 10/21/1974 Sanctions Ordered: Monetary/Fine, Censure Monetary Amount: $2,500.00 Resolution Details: A.G. EDWARDS & SONS, INC. PAID $2500 ON 10/29/74. Summary: OCTOBER 21, 1974, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $2500 FOR VIOLATION OF SECTIONS 1,2 15(B), 18, 19(A), AND 25 OF ARTICLE III OF NASD RULES OF FAIR PRACTICE. ******* REGULATORY ACTION (68 of 68) ******* Reporting Source: Regulator (Form U-6) Date Reported: 05/12/1972 Initiated By: NEW YORK STOCK EXCHANGE Date initiated: 05/12/1972 Docket/ Case Number: Unknown Allegations: NASD BrokerCheck October 17, 2005 Page 50 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 REGULATORY ACTIONS(cont.) Current Status: Final Resolution: Decision Resolution Date: 05/12/1972 Sanctions Ordered: Censure Resolution Details: Summary: NYSE-CENSURED-VIOLATIONS OF EXCHANGE RULES AS IN PARAGRAPHS 2471 AND 2474A. NYSE BULLETIN 05/12/72 NASD BrokerCheck October 17, 2005 Page 51 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 ******************************************************************************** BROKERAGE FIRM ARBITRATIONS ******************************************************************************** DISCLOSURE INFORMATION This section contains summary information regarding arbitration awards rendered in a forum administered by NASD that involve securities or commodities disputes between NASD member firms and public customers. Some of the fields in this section of the report may be blank if the information was not provided to CRD. Unlike the arbitration information required to be reported by individual brokers via Form U-4, brokerage firm arbitration information is not required to be reported on Form BD and is therefore disclosed through NASD BrokerCheck via a slightly different mechanism. Summary information regarding NASD arbitration awards involving securities and commodity disputes between public customers and NASD member firms is updated and disclosed on brokerage firm NASD BrokerCheck reports generally within 10-15 days after the arbitration award is signed and served to all parties. The full text of arbitration awards issued by arbitrators at NASD and at other forums is available online as a cooperative arrangement between NASD Dispute Resolution and the Securities Arbitration Commentator (SAC) at www.nasdadr.com. The awards are generally available within one month after the arbitration award is signed and served to all parties. To access the arbitration award information it is suggested that you first view the summary information available via NASD BrokerCheck, and then use the case number included in NASD BrokerCheck report to access the full text of the award at www.nasdadr.com. ** OCCURRENCE COUNTS ** 391 Record(s) ******************************************************************************** ** FIELD DEFINITIONS ** * Type of Event: Type of disclosure event (e.g., arbitration) that details pertain to. * Update: An indication (i.e., yes or no) as to whether the information is an update to earlier information reported about the arbitration proceeding. * Arbitration Forum: Forum that administered the arbitration proceeding. * Case Served Date: Date case was served on respondent(s). * Case Number: Case number assigned to the arbitration proceeding. * Allegations: Allegations made by the customer(s) which lead to the arbitration proceeding. * Type of Securities: Type of securities allegations relate to. * Relief Asked: Alleged dollar amount of compensatory damages sought by the customer(s). * Disposition: Disposition of the arbitration proceeding. * Disposition Date: Date of disposition. * Relief Awarded: Details related to the relief awarded to the parties involved in the arbitration proceeding. ******************************************************************************** ** BROKERAGE FIRM ARBITRATION (1 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/05/2004 Case Number: 04-04399 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Misrepresentation; Fraudulent Activity-Unauthorized Trading; Account Related - Failure to Supervise Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $447,633.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's NASD BrokerCheck October 17, 2005 Page 52 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Treble Damages, ASKED AMOUNT $895,266.00 JOINTLY AND SEVERALLY; Regular Injunctive Relief, ASKED AMOUNT JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/12/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Treble Damages, Relief Request has been denied in full; Regular Injunctive Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (2 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/21/2004 Case Number: 04-07272 Allegations: Account Related-Negligence; Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Suitability Type of Securities: Unknown type of securities Relief Asked: Interest, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY ; Treble Damages, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 10/10/2005 Relief Awarded: Interest, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Treble Damages, Relief Request has been denied in full 7c. Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $261,000.00 SEVERALLY ; Other costs, ASKED AMOUNT $10,000.00 SEVERALLY 8a. Current Status: AWARD AGAINST PARTY 8b. Status Date: 10/10/2005 8c. Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $75,000.00; Other costs, Relief has been awarded (partial or full, Award Amount $300.00 ** BROKERAGE FIRM ARBITRATION (3 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/21/2004 Case Number: 04-06107 Allegations: Account Related-Negligence; Fraudulent Activity-Suitability; Fraudulent Activity-Unauthorized Trading; Fraudulent Activity-Brch of Fiduciary Dt Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $600,000.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY NASD BrokerCheck October 17, 2005 Page 53 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 10/07/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $92,684.00; Actual/Compensatory Damages, Relief has been awarded (partial or full; Actual/Compensatory Damages, Relief has been awarded (partial or full; Actual/Compensatory Damages, Relief has been awarded (partial or full; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $375.00; Other costs, Relief has been awarded (partial or full; Other costs, Relief has been awarded (partial or full; Other costs, Relief has been awarded (partial or full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (4 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/22/2004 Case Number: 04-06264 Allegations: Fraudulent Activity - Omission of Facts; Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Suitability; Account Related-Breach of Contract Type of Securities: Mutual Funds NASD BrokerCheck October 17, 2005 Page 54 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $125,000.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $375,000.00 SEVERALLY ; Treble Damages, ASKED AMOUNT $375,000.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/27/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $164,206.00; Punitive/Exemplary Damages, Relief Request has been denied in full; Treble Damages, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $375.00; Attorney's Fees, Relief has been awarded (partial or full; Other Monetary Relief, Relief Request has been denied in full 7c. Relief Asked: Interest, ASKED AMOUNT $0.00 SEVERALLY 8a. Current Status: AWARD AGAINST PARTY 8b. Status Date: 09/27/2005 8c. Relief Awarded: Interest, Relief has been awarded (partial or full, Award Amount $0.01 ** BROKERAGE FIRM ARBITRATION (5 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/21/2004 Case Number: 04-07902 Allegations: Account Related-Breach of Contract; Account Related-Negligence; Fraudulent Activity-Brch of Fiduciary Dt Type of Securities: Mutual Funds Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $11,000.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $10,000.00 SEVERALLY ; Other costs, ASKED AMOUNT $425.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $5,000.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/20/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $212.50; Attorney's Fees, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (6 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/18/2004 Case Number: 04-05786 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Account Related-Negligence; Fraudulent Activity-Suitability; Fraudulent Activity-Suitability Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $220,000.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; NASD BrokerCheck October 17, 2005 Page 55 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/13/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $130,000.00; Interest, Relief has been awarded (partial or full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief has been awarded (partial or full, Award Amount $300.00 ** BROKERAGE FIRM ARBITRATION (7 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/09/2004 Case Number: 04-07006 Allegations: Fraudulent Activity-Suitability; Account Related - Failure to Supervise; Fraudulent Activity - Omission of Facts Type of Securities: Corporate Bonds;Municipal Bonds Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $48,438.77 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $15,000.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/06/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (8 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/02/2004 Case Number: 04-08110 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Misrepresentation; Fraudulent Activity - Omission of Facts; Fraudulent Activity-Suitability Type of Securities: Annuities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $180,000.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/26/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded NASD BrokerCheck October 17, 2005 Page 56 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) (partial or full, Award Amount $170,000.00; Attorney's Fees, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (9 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/20/2004 Case Number: 04-03601 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Account Related-Negligence; Fraudulent Activity-Unauthorized Trading; Fraudulent Activity-Misrepresentation Type of Securities: Common Stock Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $680,000.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $300,000.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/25/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $100,756.00; Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $0.01; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other NASD BrokerCheck October 17, 2005 Page 57 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (10 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/04/2003 Case Number: 03-08546 Allegations: Account Related-Margin Calls; Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Misrepresentation Type of Securities: Common Stock Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $50,000.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 08/25/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (11 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/15/2004 Case Number: 04-04115 Allegations: Account Related-Breach of Contract; Account Related-Negligence; Account Related - Failure to Supervise; Fraudulent Activity-Brch of Fiduciary Dt Type of Securities: Common Stock;Mutual Funds Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $450,000.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $900,000.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/24/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $85,692.00; Punitive/Exemplary Damages, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (12 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/24/2003 Case Number: 03-08328 NASD BrokerCheck October 17, 2005 Page 58 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Other; Account Related - Failure to Supervise; Fraudulent Activity-Other Type of Securities: Common Stock Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $700,000.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/24/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $413,949.00; Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $0.01; Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $0.01; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Interest, Relief has been awarded (partial or full, Award Amount $28,976.00; Interest, Relief has been awarded (partial or full, Award Amount $0.01; Interest, Relief has been awarded (partial or full, Award Amount $0.01; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (13 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 59 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 06/22/2004 Case Number: 04-04160 Allegations: Account Related-Negligence; Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Misrepresentation; Account Related - Failure to Supervise Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 08/19/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (14 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/18/2004 Case Number: 04-03537 Allegations: Fraudulent Activity-Misrepresentation; Account Related-Breach of Contract; Fraudulent Activity-Brch of Fiduciary Dt; Account Related-Negligence Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $150,000.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $350,000.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/10/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $10,000.00; Punitive/Exemplary Damages, Relief Request has been denied in full; Attorney's Fees, Relief has been awarded (partial or full, Award Amount $3,000.00; Interest, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (15 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/03/2005 Case Number: 05-00716 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Suitability; Account Related-Breach of Contract; Account Related - Failure to Supervise Type of Securities: Common Stock NASD BrokerCheck October 17, 2005 Page 60 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $25,000.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/05/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $212.50; Attorney's Fees, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (16 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/19/2004 Case Number: 04-03313 Allegations: Fraudulent Activity-Misrepresentation; Fraudulent Activity-Brch of Fiduciary Dt; Account Related-Breach of Contract; Account Related-Negligence Type of Securities: Common Stock Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $1,500,000.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/01/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $500,000.00; Punitive/Exemplary Damages, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $0.01; Attorney's Fees, Relief Request has been denied in full; Interest, Relief has been awarded (partial or full, Award Amount $0.01; Other Monetary Relief, Relief Request has been denied in full 7c. Relief Asked: Specific Performance, ASKED AMOUNT SEVERALLY ; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8a. Current Status: AWARD AGAINST PARTY 8b. Status Date: 08/01/2005 8c. Relief Awarded: Specific Performance, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $500.00 ** BROKERAGE FIRM ARBITRATION (17 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/23/2004 Case Number: 04-00736 Allegations: Account Related-Breach of Contract; Account Related - Failure to Supervise; Fraudulent Activity-Churning; Fraudulent Activity-Suitability NASD BrokerCheck October 17, 2005 Page 61 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Securities: Mutual Funds;Municipal Bonds Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $220,845.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $40,000.00; Punitive/Exemplary Damages, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (18 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/22/2003 Case Number: 03-02690 Allegations: Fraudulent Activity-Suitability; Fraudulent Activity-Misrepresentation; Account Related-Negligence; Account Related - Failure to Supervise Type of Securities: Common Stock Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/21/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $39,212.00; Punitive/Exemplary Damages, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $300.00 7c. Relief Asked: Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8a. Current Status: AWARD AGAINST PARTY 8b. Status Date: 07/21/2005 8c. Relief Awarded: Attorney's Fees, Relief has been awarded (partial or full, Award Amount $5,000.00; Interest, Relief has been awarded (partial or full ** BROKERAGE FIRM ARBITRATION (19 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/23/2003 Case Number: 03-01876 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Suitability; Account Related - Failure to Supervise Type of Securities: Annuities;Mutual Funds Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $274,809.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED NASD BrokerCheck October 17, 2005 Page 62 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) AMOUNT $0.00 JOINTLY AND SEVERALLY; Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/27/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $25,000.00; Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $0.01; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Interest, Relief has been awarded (partial or full, Award Amount $0.01; Interest, Relief has been awarded (partial or full, Award Amount $0.01; Punitive/Exemplary Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $8,200.00; Other costs, Relief has been awarded (partial or full, Award Amount $0.01 ** BROKERAGE FIRM ARBITRATION (20 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/20/2004 Case Number: 03-08340 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Other; Fraudulent Activity - Omission of Facts; Fraudulent Activity-Suitability Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $160,000.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $340,000.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/19/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $151,974.82; Punitive/Exemplary Damages, Relief Request has been denied in full; Interest, Relief has been awarded (partial or full, Award Amount $25,412.76; Attorney's Fees, Relief has been awarded (partial or full, Award Amount $43,701.64; Other costs, Relief has been awarded (partial or full, Award Amount $5,929.74; Other Monetary Relief, Relief has been awarded (partial or full, Award Amount $16,921.25 ** BROKERAGE FIRM ARBITRATION (21 of 391) ** NASD BrokerCheck October 17, 2005 Page 63 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/14/2004 Case Number: 04-01739 Allegations: Account Related-Breach of Contract; Account Related-Negligence Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $100,218.12 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 05/16/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (22 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/10/2004 Case Number: 04-01549 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Account Related-Negligence Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $200,000.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/26/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (23 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/08/2002 Case Number: 02-01906 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity - Omission of Facts; Account Related - Failure to Supervise; Account Related-Negligence Type of Securities: Unknown type of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $300,000.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Punitive/Exemplary Damages, NASD BrokerCheck October 17, 2005 Page 64 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Attorney's Fees, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Other Monetary Relief, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/25/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $180,000.00; Interest, Relief has been awarded (partial or full; Punitive/Exemplary Damages, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full 7c. Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; Interest, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8a. Current Status: AWARD AGAINST PARTY 8b. Status Date: 04/25/2005 8c. Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $20,000.00; Interest, Relief has been awarded (partial or full ** BROKERAGE FIRM ARBITRATION (24 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/08/2004 Case Number: 04-01964 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity - Omission of Facts; Fraudulent Activity-Suitability; Fraudulent Activity-Misrepresentation Type of Securities: Common Stock Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $223,757.84 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/22/2005 Relief Awarded: Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $110,737.44; Interest, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other costs, Relief has been awarded (partial or full, Award Amount $300.00; Attorney's Fees, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (25 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/13/2004 Case Number: 04-03440 Allegations: Account Related-Breach of Contract; Account Related-Negligence; Account Related - Failure to Supervise; Account Related-Transfer Type of Securities: Other types of securities Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $168,454.43 NASD BrokerCheck October 17, 2005 Page 65 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $1,000,000.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/08/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (26 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/20/2004 Case Number: 04-00974 Allegations: Fraudulent Activity-Suitability; Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Misrepresentation; Account Related-Negligence Type of Securities: Annuities;Mutual Funds Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $81,166.19 SEVERALLY ; Specific Performance, ASKED AMOUNT SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Specific Performance, ASKED AMOUNT SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 03/31/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Specific Performance, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Specific Performance, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other costs, Relief Request has been denied in full; Attorney's Fees, Relief Request has been denied in full; Interest, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full ** BROKERAGE FIRM ARBITRATION (27 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/10/2003 Case Number: 03-08519 NASD BrokerCheck October 17, 2005 Page 66 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: Account Related-Margin Calls; Fraudulent Activity-Unauthorized Trading; Fraudulent Activity-Suitability; Fraudulent Activity-Brch of Fiduciary Dt Type of Securities: Unknown type of securities Relief Asked: Other costs, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/21/2005 Relief Awarded: Other costs, Relief has been awarded (partial or full, Award Amount $600.00 ** BROKERAGE FIRM ARBITRATION (28 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/12/2004 Case Number: 04-01563 Allegations: Fraudulent Activity-Brch of Fiduciary Dt; Fraudulent Activity-Misrepresentation; Fraudulent Activity-Suitability; Account Related-Breach of Contract Type of Securities: Mutual Funds Relief Asked: Actual/Compensatory Damages, ASKED AMOUNT $116,133.26 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $500.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $348,399.78 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Interest, ASKED AMOUNT $0.00 SEVERALLY ; Other costs, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $0.00 SEVERALLY ; Actual/Compensatory Damages, ASKED AMOUNT $500.00 SEVERALLY ; Attorney's Fees, ASKED AMOUNT $0.00 SEVERALLY ; Punitive/Exemplary Damages, ASKED AMOUNT $0.00 SEVERALLY ; Other Monetary Relief, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/16/2005 Relief Awarded: Actual/Compensatory Damages, Relief Request has been denied in full; Interest, Relief has been awarded (partial or full, Award Amount $0.01; Other costs, Relief has been awarded (partial or full, Award Amount $300.00; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief has been awarded (partial or full, Award Amount $40,000.00; Attorney's Fees, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Interest, Relief has been awarded (partial or full; Other costs, Relief has been awarded (partial or full; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief Request has been denied in full; Actual/Compensatory Damages, Relief has been awarded (partial or full; Attorney's Fees, Relief Request has been denied in full; Punitive/Exemplary Damages, Relief Request has been denied in full; Other Monetary Relief, Relief Request has been denied in full NASD BrokerCheck October 17, 2005 Page 67 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (29 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/25/2002 Case Number: 02-06275 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/08/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 03/08/2005 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $2,357.54 ** BROKERAGE FIRM ARBITRATION (30 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/25/2004 Case Number: 04-00807 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK;MUTUAL FUNDS;ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $225,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $150,000.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 02/25/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED NASD BrokerCheck October 17, 2005 Page 68 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) (PARTIAL OR FULL, AWARD AMOUNT $95,000.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $300.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (31 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/13/2003 Case Number: 03-01676 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $75,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 02/03/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (32 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/10/2003 Case Number: 03-00743 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $386,438.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $300,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/28/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $72,700.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $30,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $375.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 69 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (33 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/24/2003 Case Number: 03-01046 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $375,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/25/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 01/25/2005 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (34 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/25/2002 Case Number: 02-06286 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/18/2005 NASD BrokerCheck October 17, 2005 Page 70 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $74,661.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $225.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (35 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/25/2004 Case Number: 04-00918 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $68,413.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/11/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $3,011.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $4,251.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $300.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (36 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/05/2002 Case Number: 02-06460 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $22,922.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $43,917.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; NASD BrokerCheck October 17, 2005 Page 71 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $79,217.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $26,094.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/07/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $66,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (37 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/01/2003 Case Number: 03-07989 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: MUTUAL FUNDS;COMMON STOCK;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $552,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/03/2005 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $179,994.43; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (38 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 72 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 06/11/2003 Case Number: 03-04043 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK;MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/03/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $275,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (39 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/02/2004 Case Number: 03-04479 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED-OTHER Type of Securities: COMMON STOCK;MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $17,522.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 12/14/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (40 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/22/2003 Case Number: 03-05118 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: MUTUAL FUNDS;COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,000,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, NASD BrokerCheck October 17, 2005 Page 73 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $600.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/08/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $75,899.55; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $600.00 ** BROKERAGE FIRM ARBITRATION (41 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/17/2003 Case Number: 03-08134 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $41,536.15 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 12/03/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (42 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/28/2002 Case Number: 02-06101 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK;MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $784,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, NASD BrokerCheck October 17, 2005 Page 74 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 11/19/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF NASD BrokerCheck October 17, 2005 Page 75 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 11/19/2004 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $80,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $150,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $100,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $120,000.00 ** BROKERAGE FIRM ARBITRATION (43 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/01/2003 Case Number: 03-04636 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK;MUTUAL FUNDS;ANNUITIES;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $500,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $1,000,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 11/09/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 76 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (44 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/26/2002 Case Number: 02-01675 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK;MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $5,000,000.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 11/04/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $280,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $65,000.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (45 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/12/2003 Case Number: 03-08260 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK;MUTUAL FUNDS;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $25,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 11/03/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $600.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (46 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/28/2003 NASD BrokerCheck October 17, 2005 Page 77 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 03-07024 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $300,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 11/01/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 11/01/2004 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $120,000.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00 ** BROKERAGE FIRM ARBITRATION (47 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/21/2003 Case Number: 03-01916 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $400,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.01 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/29/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (48 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 78 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 05/28/2004 Case Number: 04-03739 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $6,367.40 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $325.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/05/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (49 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/02/2003 Case Number: 03-02603 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MANIPULATION; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK;MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $27,495.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/10/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 09/10/2004 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $6,874.00 ** BROKERAGE FIRM ARBITRATION (50 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/20/2003 Case Number: 03-05682 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT NASD BrokerCheck October 17, 2005 Page 79 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ACTIVITY-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $500,000.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/07/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $42,317.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $71,022.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $133,648.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 80 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (51 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/16/2003 Case Number: 03-05075 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $384,327.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/25/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $100,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (52 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/19/2003 Case Number: 03-05862 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $115,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $90,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $400,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; NASD BrokerCheck October 17, 2005 Page 81 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/23/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $524,836.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $56,527.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $39,386.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $127,302.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $42,120.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $136,144.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $561,288.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $60,448.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $4,893.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $15,826.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $65,253.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $7,028.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $736.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $2,383.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL, AWARD AMOUNT $9,823.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,058.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 08/23/2004 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $500.00 ** BROKERAGE FIRM ARBITRATION (53 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/05/2001 Case Number: 01-03079 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $54,000.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $18,000.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY NASD BrokerCheck October 17, 2005 Page 82 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 08/19/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (54 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/21/2003 Case Number: 03-03021 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 08/02/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (55 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/28/2003 Case Number: 03-05015 Allegations: FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-OTHER Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $25,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 07/26/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST NASD BrokerCheck October 17, 2005 Page 83 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (56 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/01/2003 Case Number: 03-03765 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $300,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/16/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $100,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (57 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/04/2003 Case Number: 03-02593 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; EXECUTIONS-FAILURE TO EXECUTE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK;MUTUAL FUNDS;REAL ESTATE INVESTMENT TRUST Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $150,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER NASD BrokerCheck October 17, 2005 Page 84 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/15/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (58 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/01/2003 Case Number: 03-02165 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: MUTUAL FUNDS;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $414,649.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $2,000,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/07/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $185,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (59 of 391) ** NASD BrokerCheck October 17, 2005 Page 85 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/13/2002 Case Number: 02-06431 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-OTHER; ACCOUNT RELATED-MARGIN CALLS Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,570,930.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,607,754.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,551,394.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,514,760.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $30,734,514.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/02/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 07/02/2004 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT NASD BrokerCheck October 17, 2005 Page 86 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) $45,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $90,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $90,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $90,000.00 ** BROKERAGE FIRM ARBITRATION (60 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/11/2003 Case Number: 03-00418 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: CORPORATE BONDS;MUTUAL FUNDS;PREFERRED STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $52,534.70 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $525,347.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 06/29/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $12,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $375.00 ** BROKERAGE FIRM ARBITRATION (61 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/28/2003 Case Number: 03-00110 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $32,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $2,600,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 06/21/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD NASD BrokerCheck October 17, 2005 Page 87 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) AMOUNT $5,000.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $223,717.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 06/21/2004 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $250,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $500.00 ** BROKERAGE FIRM ARBITRATION (62 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/01/2003 Case Number: 03-06932 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: ANNUITIES;COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 06/14/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER NON-MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (63 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/10/2003 NASD BrokerCheck October 17, 2005 Page 88 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 02-07779 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-OTHER Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $34,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $500.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $600.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 06/14/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 06/14/2004 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $5,475.00; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $175.00 ** BROKERAGE FIRM ARBITRATION (64 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/25/2002 Case Number: 02-01019 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: ANNUITIES;COMMON STOCK;CORPORATE BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $295,946.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $500,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/21/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $130,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 05/21/2004 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $375.00 ** BROKERAGE FIRM ARBITRATION (65 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/27/2003 NASD BrokerCheck October 17, 2005 Page 89 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 03-02104 Allegations: FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,000,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 05/19/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (66 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/14/2002 Case Number: 02-04665 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-CHURNING Type of Securities: COMMON STOCK;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $1,000,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 05/18/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (67 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 01/15/2003 Case Number: 02-04525 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $64,004.07 NASD BrokerCheck October 17, 2005 Page 90 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/18/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $60,842.45; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (68 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/07/2003 Case Number: 03-00845 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $268,817.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.01 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $500,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/30/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF NASD BrokerCheck October 17, 2005 Page 91 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (69 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/24/2003 Case Number: 03-01249 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES;UNKNOWN TYPE OF SECURITIES;UNKNOWN TYPE OF SECURITIES;UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $80,000.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.01 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.01 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.01 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.01 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.01 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.01 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.01 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.01 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.01 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/15/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $12,786.50; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: INTEREST, ASKED AMOUNT $0.01 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 04/15/2004 8C. RELIEF AWARDED: INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (70 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/16/2002 Case Number: 02-06011 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-CHURNING Type of Securities: COMMON STOCK;OPTIONS;MUNICIPAL BONDS;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $395,813.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S NASD BrokerCheck October 17, 2005 Page 92 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/14/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (71 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/26/2003 Case Number: 03-02071 Allegations: FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK;MUTUAL FUNDS;OPTIONS;REAL ESTATE INVESTMENT TRUST Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $190,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $380,000.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/12/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (72 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/12/2002 Case Number: 02-02484 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK;OPTIONS;WARRANTS/RIGHTS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,700,000.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $3,700,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/07/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $600,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF NASD BrokerCheck October 17, 2005 Page 93 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $100,000.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (73 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/10/2003 Case Number: 03-00452 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $92,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $7,600.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/30/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $32,021.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,470.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 03/30/2004 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $225.00; OTHER NON-MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; OTHER NON-MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; OTHER NON-MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; OTHER NON-MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; OTHER NON-MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ** BROKERAGE FIRM ARBITRATION (74 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/28/2002 Case Number: 02-05878 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-OTHER; ACCOUNT RELATED - FAILURE TO SUPERVISE NASD BrokerCheck October 17, 2005 Page 94 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/18/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 03/18/2004 8C. RELIEF AWARDED: OTHER NON-MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ** BROKERAGE FIRM ARBITRATION (75 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/08/2003 Case Number: 03-03277 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-MARGIN CALLS Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; TREBLE DAMAGES, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 03/11/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (76 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/29/2002 Case Number: 02-03900 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; EXECUTIONS-FAILURE TO EXECUTE; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $235,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT NASD BrokerCheck October 17, 2005 Page 95 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 02/17/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: DECLARATORY JUDGEMENT, ASKED AMOUNT SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 02/17/2004 8C. RELIEF AWARDED: DECLARATORY JUDGEMENT, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: DECLARATORY JUDGEMENT, ASKED AMOUNT SEVERALLY ; DECLARATORY JUDGEMENT, ASKED AMOUNT SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 02/17/2004 8C. RELIEF AWARDED: DECLARATORY JUDGEMENT, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; DECLARATORY JUDGEMENT, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; SPECIFIC PERFORMANCE, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; SPECIFIC PERFORMANCE, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $4,484.00 ** BROKERAGE FIRM ARBITRATION (77 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/26/2002 Case Number: 02-06769 Allegations: FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: ANNUITIES;COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 02/06/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (78 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 96 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 11/22/2002 Case Number: 02-06624 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: OPTIONS;COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 02/03/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF NASD BrokerCheck October 17, 2005 Page 97 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (79 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/04/2003 Case Number: 03-05843 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK;MUTUAL FUNDS;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $22,227.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $425.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $221.95 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $4,963.95 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/27/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (80 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/19/2002 Case Number: 02-02382 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $150,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $300,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/23/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (81 of 391) ** NASD BrokerCheck October 17, 2005 Page 98 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/04/2002 Case Number: 02-06393 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY-OTHER Type of Securities: COMMON STOCK;OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,025,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $3,000,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/05/2004 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $750,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $2,250,000.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER NON-MONETARY RELIEF, ASKED AMOUNT SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 01/05/2004 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $600.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER NON-MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT ** BROKERAGE FIRM ARBITRATION (82 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/25/2003 Case Number: 03-05315 Allegations: ACCOUNT RELATED-TRANSFER; ACCOUNT RELATED-ERRORS-CHARGES; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $21,079.72 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $425.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/19/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $21,079.72 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $425.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 12/19/2003 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $2,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD NASD BrokerCheck October 17, 2005 Page 99 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) AMOUNT $425.00 ** BROKERAGE FIRM ARBITRATION (83 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/07/2002 Case Number: 02-05831 Allegations: ACCOUNT RELATED-OTHER; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $1,000,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 12/19/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (84 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/23/2002 Case Number: 02-05060 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $500,000.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; NASD BrokerCheck October 17, 2005 Page 100 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/17/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $250,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $18,549.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $13,439.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 101 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (85 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/30/2002 Case Number: 02-05032 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $97,040.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/16/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $26,400.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (87 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 102 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: YES Arbitration Forum: NASD Case Served Date: 03/14/2003 Case Number: 03-01718 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK;CORPORATE BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $15,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/04/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $6,148.98; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $597.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $7,975.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $6,030.38; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (88 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/12/2003 Case Number: 03-01659 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-OTHER; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $411,612.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 11/04/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (89 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/23/2002 NASD BrokerCheck October 17, 2005 Page 103 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 02-04106 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $23,902.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $8,125.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/03/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (90 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/03/2002 Case Number: 02-04732 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-CHURNING Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $98,063.56 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $975.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/31/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (91 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/05/2002 Case Number: 02-04821 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO NASD BrokerCheck October 17, 2005 Page 104 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $400,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/29/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (92 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/22/2001 Case Number: 01-04417 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $150,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/28/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (93 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/02/2003 Case Number: 02-07726 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-OTHER Type of Securities: COMMON STOCK Relief Asked: OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/26/2003 Relief Awarded: OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL NASD BrokerCheck October 17, 2005 Page 105 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (94 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/01/2002 Case Number: 02-00492 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-CHURNING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $2,000,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/26/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 09/26/2003 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $125,000.00 ** BROKERAGE FIRM ARBITRATION (95 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/06/2002 Case Number: 02-02248 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,000,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $40,000,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $800,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/26/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS NASD BrokerCheck October 17, 2005 Page 106 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $140,000.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (96 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/17/2002 Case Number: 02-04348 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $235,531.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/11/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $164,764.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $54,921.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (97 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/13/2002 Case Number: 02-02843 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-OTHER; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $120,334.19 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/02/2003 NASD BrokerCheck October 17, 2005 Page 107 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $20,000.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $8,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (98 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/25/2002 Case Number: 02-04211 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $139,053.10 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/22/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $50,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (99 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/19/2002 Case Number: 02-04111 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MANIPULATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $76,564.57 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $200,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 08/13/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN NASD BrokerCheck October 17, 2005 Page 108 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (100 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/13/2002 Case Number: 02-05147 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: MUTUAL FUNDS;COMMON STOCK;CORPORATE BONDS;GINNIE MAES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $216,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER NON-MONETARY RELIEF, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/12/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER NON-MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER NON-MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL, AWARD AMOUNT ; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 08/12/2003 8C. RELIEF AWARDED: INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $49,560.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $211,035.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $211,035.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL NASD BrokerCheck October 17, 2005 Page 109 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (101 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/20/2002 Case Number: 02-03479 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK;MUTUAL FUNDS;MUNICIPAL BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $293,309.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $200,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $4,675.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/07/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $34,200.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,500.00 ** BROKERAGE FIRM ARBITRATION (102 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/23/2002 Case Number: 02-02955 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $89,893.76 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/30/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $40,000.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $6,400.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $225.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (103 of 391) ** Type of Event: ARBITRATION Update: YES NASD BrokerCheck October 17, 2005 Page 110 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Arbitration Forum: NASD Case Served Date: 05/22/2002 Case Number: 02-02805 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: COMMON STOCK;CORPORATE BONDS;GOVERNMENT SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $63,995.66 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 07/30/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (104 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/07/2002 Case Number: 02-01245 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $586,640.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $12,839.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $147,686.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 111 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (105 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/01/2002 Case Number: 02-04403 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-TRANSFER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $27,472.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $5,227.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $4,500.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (106 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/06/2002 Case Number: 02-01765 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $86,286.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $975.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 06/27/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $13,321.05; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: INTEREST, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 06/27/2003 8C. RELIEF AWARDED: INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (107 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/26/2002 Case Number: 01-06595 NASD BrokerCheck October 17, 2005 Page 112 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-MARGIN CALLS Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $475,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 06/18/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (108 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 01/10/2002 Case Number: 01-07173 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-CHURNING Type of Securities: COMMON STOCK;OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $80,000.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 06/13/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (109 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/24/2002 Case Number: 02-05035 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-TRANSFER; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING Type of Securities: COMMON STOCK;MUTUAL FUNDS;LIMITED PARTNERSHIPS;ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $25,000.00 JOINTLY AND SEVERALLY; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/14/2003 NASD BrokerCheck October 17, 2005 Page 113 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $7,878.08; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $425.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (110 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/05/2002 Case Number: 02-07282 Allegations: ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $14,382.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/09/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $8,630.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (111 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/08/2002 Case Number: 02-01174 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $91,776.57 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/23/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (112 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 114 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: YES Arbitration Forum: NASD Case Served Date: 03/07/2002 Case Number: 02-01185 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $129,716.31 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/09/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $300.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (113 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/28/2002 Case Number: 02-01140 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $850,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $500,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/04/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $500.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (114 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/10/2002 Case Number: 02-00872 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO NASD BrokerCheck October 17, 2005 Page 115 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $270,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/03/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (115 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/11/2001 Case Number: 01-01596 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,000,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 03/21/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (116 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 01/24/2002 Case Number: 02-00300 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,652,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY NASD BrokerCheck October 17, 2005 Page 116 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition: AWARD AGAINST PARTY Disposition Date: 03/14/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $268,762.50; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $43,000.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (118 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/12/2001 Case Number: 01-05788 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $21,350,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 NASD BrokerCheck October 17, 2005 Page 117 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 02/20/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (119 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/06/2001 Case Number: 01-06495 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $200,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 02/14/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $90,000.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 02/14/2003 8C. RELIEF AWARDED: INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (120 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 01/15/2002 Case Number: 02-00118 Allegations: FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT NASD BrokerCheck October 17, 2005 Page 118 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $368,875.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 02/10/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (121 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/02/2001 Case Number: 01-03439 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: ANNUITIES;COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $873,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $47,000.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 02/05/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $81,710.50; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $47,000.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (122 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 01/24/2002 Case Number: 02-00225 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY - OMISSION OF FACTS NASD BrokerCheck October 17, 2005 Page 119 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $30,309.07 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $10,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/21/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (123 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/12/2001 Case Number: 01-06480 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $48,673.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $1,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/14/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $250.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (124 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/16/2001 Case Number: 01-06085 Allegations: ACCOUNT RELATED-COLLECTION; ACCOUNT RELATED-MARGIN CALLS Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY NASD BrokerCheck October 17, 2005 Page 120 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 01/10/2003 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $50,000.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (125 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/30/2001 Case Number: 01-04609 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $90,496.44 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $299,967.07 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $159,210.04 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $59,105.70 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $978.10 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $8,260.92 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,425.06 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,256.52 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,541.74 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $43,648.13 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $22,007.64 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $9,000,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/31/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $52,424.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $13,311.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (126 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/13/2001 Case Number: 01-04402 NASD BrokerCheck October 17, 2005 Page 121 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK;MUTUAL FUNDS;MUNICIPAL BONDS;ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $120,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/16/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $30,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $300.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (127 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/13/2001 Case Number: 01-06388 Allegations: ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $175,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/02/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $86,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 12/02/2002 8C. RELIEF AWARDED: INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $4,158.33 ** BROKERAGE FIRM ARBITRATION (128 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/24/2001 Case Number: 01-03269 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-OTHER; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $78,846.50 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, NASD BrokerCheck October 17, 2005 Page 122 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 11/14/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $47,728.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $225.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 11/14/2002 8C. RELIEF AWARDED: PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00 ** BROKERAGE FIRM ARBITRATION (129 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/19/2001 Case Number: 01-01931 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING Type of Securities: MUTUAL FUNDS;COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,200,000.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 11/05/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $45,126.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $64,829.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $30,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $250.00; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL NASD BrokerCheck October 17, 2005 Page 123 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (130 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/03/2002 Case Number: 02-02520 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $22,379.32 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $2,620.68 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 10/22/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 10/22/2002 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $212.50 ** BROKERAGE FIRM ARBITRATION (131 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/04/2001 Case Number: 01-06391 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-OTHER; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $21,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/17/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (132 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/24/2001 NASD BrokerCheck October 17, 2005 Page 124 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 01-04929 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $142,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 10/03/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $73,123.80; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $4,387.43; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (133 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/10/2000 Case Number: 00-01343 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,093,389.26 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/17/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,070,019.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $95,000.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 09/17/2002 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $600.00 ** BROKERAGE FIRM ARBITRATION (134 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 125 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: YES Arbitration Forum: NASD Case Served Date: 02/08/2001 Case Number: 01-00608 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: OPTIONS Relief Asked: INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/17/2002 Relief Awarded: INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (135 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/16/2001 Case Number: 01-05375 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/09/2002 Relief Awarded: PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (136 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/24/2001 Case Number: 01-04914 Allegations: FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $362,126.98 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT NASD BrokerCheck October 17, 2005 Page 126 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/05/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $300.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 09/05/2002 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,000.00 ** BROKERAGE FIRM ARBITRATION (137 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/05/2002 Case Number: 02-01330 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE Type of Securities: CERTIFICATE OF DEPOSIT;OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $425.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/21/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,000.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 08/21/2002 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $11,000.00 ** BROKERAGE FIRM ARBITRATION (138 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/29/2001 Case Number: 01-04350 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT NASD BrokerCheck October 17, 2005 Page 127 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Securities: UNKNOWN TYPE OF SECURITIES;UNKNOWN TYPE OF SECURITIES;UNKNOWN TYPE OF SECURITIES;UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $150,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/08/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $19,000.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $300.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 08/08/2002 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $19,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $300.00 ** BROKERAGE FIRM ARBITRATION (139 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/26/2001 Case Number: 01-01836 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $90,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 08/06/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (140 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/30/2001 Case Number: 01-01223 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-MANIPULATION; FRAUDULENT ACTIVITY-OTHER; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK NASD BrokerCheck October 17, 2005 Page 128 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $450,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 06/04/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $287,000.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $16,006.93; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $375.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (141 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/25/2000 Case Number: 00-04396 Allegations: ACCOUNT RELATED-MARGIN CALLS; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-CHURNING; ACCOUNT RELATED-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $780,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 06/03/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (142 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/25/2002 Case Number: 02-00849 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $20,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY NASD BrokerCheck October 17, 2005 Page 129 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition: AWARD AGAINST PARTY Disposition Date: 05/30/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,183.93; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (143 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/21/2000 Case Number: 00-02754 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-MARGIN CALLS; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $20,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $20,000.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/24/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $20,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $8,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (144 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/20/2001 Case Number: 01-06676 Allegations: ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $7,238.94 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $2,500.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/16/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $2,500.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 130 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (145 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/08/2001 Case Number: 01-01817 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $411,558.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $118,913.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,564.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $37,942.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $411,558.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/11/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $141,172.37; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $22,473.86; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $3,117.19; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,005.80; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $83,381.71; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $59,505.28; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $3,570.37; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $29,752.64 7C. RELIEF ASKED: OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 04/11/2002 8C. RELIEF AWARDED: OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $375.00; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL ** BROKERAGE FIRM ARBITRATION (146 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/14/2000 Case Number: 00-04984 Allegations: ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $475,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT NASD BrokerCheck October 17, 2005 Page 131 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/04/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (147 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/25/2000 Case Number: 00-04364 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-OTHER Type of Securities: ANNUITIES;MUTUAL FUNDS;COMMODITIES FUTURES;STOCK INDEX FUTURES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $856,462.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $149,285.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/21/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; NASD BrokerCheck October 17, 2005 Page 132 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 03/21/2002 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL ** BROKERAGE FIRM ARBITRATION (148 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/22/2001 Case Number: 01-01372 Allegations: FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $143,078.33 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $28,623.31 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $60,095.57 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/01/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $143,078.33; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $28,623.31; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $60,095.57; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL ** BROKERAGE FIRM ARBITRATION (149 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/14/2001 Case Number: 01-02768 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: MUTUAL FUNDS;CORPORATE BONDS NASD BrokerCheck October 17, 2005 Page 133 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $12,354.73 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 02/27/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $2,000.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 02/27/2002 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $425.00 ** BROKERAGE FIRM ARBITRATION (150 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/16/2000 Case Number: 00-00864 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $94,657.86 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 02/11/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (151 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/27/2000 Case Number: 00-03077 Allegations: ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/25/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 134 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (152 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/24/2000 Case Number: 00-02681 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/22/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (153 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/14/2001 Case Number: 01-00005 Allegations: EXECUTIONS-FAILURE TO EXECUTE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: OTHER COSTS, ASKED AMOUNT $425.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,625.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $12,625.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/11/2002 Relief Awarded: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $425.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,600.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (154 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/20/2001 Case Number: 01-03148 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS NASD BrokerCheck October 17, 2005 Page 135 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Securities: COMMON STOCK;MUNICIPAL BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $24,351.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $425.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/09/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (155 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/12/2000 Case Number: 00-02139 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,800,001.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/02/2002 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,800,000.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 01/02/2002 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $520,662.00 ** BROKERAGE FIRM ARBITRATION (156 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/18/1998 Case Number: 98-00394 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED-OTHER Type of Securities: COMMON STOCK;CORPORATE BONDS;GINNIE MAES;FANNY MAE Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $810,600.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $863,313.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/14/2001 NASD BrokerCheck October 17, 2005 Page 136 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 12/14/2001 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,000.00 ** BROKERAGE FIRM ARBITRATION (157 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/02/1999 Case Number: 99-04564 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: ANNUITIES;CORPORATE BONDS;GOVERNMENT SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,000.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/03/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 12/03/2001 8C. RELIEF AWARDED: OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $87.50 ** BROKERAGE FIRM ARBITRATION (158 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/19/2001 Case Number: 01-01962 Allegations: ACCOUNT RELATED-MARGIN CALLS; EXECUTIONS-EXECUTION PRICE; EXECUTIONS-LIMIT V. MARKET ORDER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $9,537.59 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/03/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $9,537.59; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $325.00 ** BROKERAGE FIRM ARBITRATION (159 of 391) ** Type of Event: ARBITRATION Update: YES NASD BrokerCheck October 17, 2005 Page 137 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Arbitration Forum: NASD Case Served Date: 11/24/2000 Case Number: 00-05149 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $400,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $90,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 11/19/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $135,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 11/19/2001 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (160 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/11/2001 Case Number: 01-01035 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,500.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $2,500.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/30/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (161 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/21/2000 Case Number: 00-03760 NASD BrokerCheck October 17, 2005 Page 138 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-INCORRECT QUANTITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $57,720.60 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $10,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/12/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (162 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/20/2000 Case Number: 00-00717 Allegations: FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; EXECUTIONS-FAILURE TO EXECUTE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $685,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 10/05/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 10/05/2001 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $374,134.38; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $18,786.68 ** BROKERAGE FIRM ARBITRATION (163 of 391) ** NASD BrokerCheck October 17, 2005 Page 139 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/18/2000 Case Number: 00-03880 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/24/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $10,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (164 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/09/2000 Case Number: 00-00411 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,000,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/21/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (165 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/31/2000 Case Number: 00-03173 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: CORPORATE BONDS NASD BrokerCheck October 17, 2005 Page 140 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $25,026.49 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/12/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (166 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/14/2000 Case Number: 00-05483 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK;MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $339,818.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 09/07/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $372,363.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $14,725.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,560.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (167 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/17/2000 Case Number: 00-02690 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $30,000.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 NASD BrokerCheck October 17, 2005 Page 141 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SEVERALLY ; OTHER NON-MONETARY RELIEF, ASKED AMOUNT SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/23/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER NON-MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (168 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/10/1999 Case Number: 99-04904 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: COMMON STOCK;PREFERRED STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $164,990.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 08/09/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (169 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 09/13/2000 Case Number: 00-03801 Allegations: ACCOUNT RELATED-OTHER; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; TREBLE DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 06/19/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S NASD BrokerCheck October 17, 2005 Page 142 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (170 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/22/1999 Case Number: 99-05003 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $153,964.09 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,318.10 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/30/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $153,753.52; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (171 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/02/2000 Case Number: 00-00266 Allegations: ACCOUNT RELATED-ERRORS-CHARGES Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $138,930.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 04/09/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $144,000.00 ** BROKERAGE FIRM ARBITRATION (172 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 01/10/2000 Case Number: 99-05313 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY - NASD BrokerCheck October 17, 2005 Page 143 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) OMISSION OF FACTS; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $325,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/21/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $88,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (173 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/07/2000 Case Number: 00-01327 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY-CHURNING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $91,906.37 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $265,959.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/14/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $95,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (174 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 144 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: YES Arbitration Forum: NASD Case Served Date: 07/24/2000 Case Number: 00-02786 Allegations: ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-FAILURE TO EXECUTE; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-TRANSFER Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,750.88 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $1,000.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $175.00 SEVERALLY ; SPECIFIC PERFORMANCE, ASKED AMOUNT JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 03/06/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,239.69; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $116.67; SPECIFIC PERFORMANCE, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (175 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/17/2000 Case Number: 00-00234 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $392,582.97 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 02/02/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $12,292.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (176 of 391) ** NASD BrokerCheck October 17, 2005 Page 145 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/08/1999 Case Number: 99-03579 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-CHURNING Type of Securities: COMMON STOCK;PREFERRED STOCK;WARRANTS/RIGHTS ** BROKERAGE FIRM ARBITRATION (177 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/29/1999 Case Number: 99-01432 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-OTHER Type of Securities: COMMON STOCK;OPTIONS;COMMODITIES FUTURES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $865,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/21/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $146,303.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $44,356.53; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (178 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/22/1999 Case Number: 99-01238 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $145,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $26,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/05/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $69,161.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 146 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (179 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/15/1999 Case Number: 99-05093 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 11/13/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (180 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/04/1999 Case Number: 99-03471 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $120,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 10/30/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $20,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $150.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (181 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/01/2000 Case Number: 00-00592 NASD BrokerCheck October 17, 2005 Page 147 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $14,909.25 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 10/27/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $4,975.49; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $212.50 ** BROKERAGE FIRM ARBITRATION (182 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/04/1998 Case Number: 97-04878 Allegations: ACCOUNT RELATED-ERRORS-CHARGES; OTHER-DEFAMATION; OTHER-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $5,000,000.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/17/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (183 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/23/2000 Case Number: 99-05002 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $6,233.44 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $9,736.36 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 07/31/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 148 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (184 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 01/04/2000 Case Number: 99-04848 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $121,942.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $121,942.00 SEVERALLY ; INTEREST, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 07/25/2001 8C. RELIEF AWARDED: INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $16,000.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (185 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/01/2000 Case Number: 00-02149 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $363,964.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 07/20/2001 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (186 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/26/1999 Case Number: 99-04885 NASD BrokerCheck October 17, 2005 Page 149 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY - OMISSION OF FACTS Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $45,629.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.01 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/29/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (187 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/09/1999 Case Number: 99-03461 Allegations: ACCOUNT RELATED-ERRORS-CHARGES; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $13,449.45 SEVERALLY ; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00 SEVERALLY ; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 09/27/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (188 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/19/1999 Case Number: 98-04960 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/18/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED NASD BrokerCheck October 17, 2005 Page 150 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) (PARTIAL OR FULL, AWARD AMOUNT $263,225.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (189 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/11/1999 Case Number: 99-02230 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $125,000.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/17/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $57,600.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $300.00; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $0.01 ** BROKERAGE FIRM ARBITRATION (190 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/03/1999 Case Number: 99-01422 Allegations: EXECUTIONS-FAILURE TO EXECUTE Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,874.90 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/04/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,725.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $319.24; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $3,594.57 7C. RELIEF ASKED: OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 08/04/2000 8C. RELIEF AWARDED: OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $675.00; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $425.00 NASD BrokerCheck October 17, 2005 Page 151 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (191 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/08/1999 Case Number: 99-01739 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $500,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 07/14/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (192 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/26/1999 Case Number: 99-01604 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $132,000.00 SEVERALLY ; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 06/05/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $36,000.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (193 of 391) ** Type of Event: ARBITRATION Update: YES NASD BrokerCheck October 17, 2005 Page 152 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Arbitration Forum: NASD Case Served Date: 03/22/1999 Case Number: 99-00079 Allegations: FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $43,000.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 05/25/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (194 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/19/1999 Case Number: 99-02593 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $181,504.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/24/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $150,000.00 ** BROKERAGE FIRM ARBITRATION (195 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/19/1999 Case Number: 99-02593 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $181,504.00 SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 05/24/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $150,000.00 ** BROKERAGE FIRM ARBITRATION (196 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 153 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 09/28/1998 Case Number: 98-03400 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-CHURNING; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES ** BROKERAGE FIRM ARBITRATION (197 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 12/01/1999 Case Number: 99-04667 Allegations: ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $25,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 05/23/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (198 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/20/1999 Case Number: 99-01708 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $15,777.86 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY NASD BrokerCheck October 17, 2005 Page 154 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition: AWARD AGAINST PARTY Disposition Date: 05/18/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $1,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $125.00; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (199 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/12/1999 Case Number: 99-00614 Allegations: FRAUDULENT ACTIVITY-OTHER; ACCOUNT RELATED-OTHER Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $67,983.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 05/09/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $67,983.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY 8A. CURRENT STATUS: NO AWARD AGAINST PARTY 8B. STATUS DATE: 05/09/2000 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (200 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 06/09/1999 Case Number: 99-02211 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $41,143.14 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 04/18/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (201 of 391) ** NASD BrokerCheck October 17, 2005 Page 155 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/28/1998 Case Number: 98-01730 Allegations: FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-OTHER; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $42,500.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 02/08/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (202 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 04/24/1998 Case Number: 98-01295 Allegations: ACCOUNT RELATED-OTHER; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-MISREPRESENTATION Type of Securities: PREFERRED STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,980.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/28/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (203 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/30/1999 Case Number: 99-01160 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $79,870.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $276,498.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY NASD BrokerCheck October 17, 2005 Page 156 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 01/24/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $75,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $80,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $685.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $14,647.50 ** BROKERAGE FIRM ARBITRATION (204 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/04/1999 Case Number: 98-04924 Allegations: ACCOUNT RELATED-COLLECTION Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/24/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (205 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/18/1998 Case Number: 98-04208 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $140,376.44 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,189.44 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 01/11/2000 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN NASD BrokerCheck October 17, 2005 Page 157 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (206 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/28/1998 Case Number: 98-02495 Allegations: FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK;PREFERRED STOCK;OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $61,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $80,000.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 12/14/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $55,224.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (207 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 03/08/1999 Case Number: 99-00695 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $62,175.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 12/01/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (208 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 02/22/1999 Case Number: 98-05014 Allegations: ACCOUNT RELATED-OTHER NASD BrokerCheck October 17, 2005 Page 158 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Securities: Relief Asked: OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $26,930.80 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 11/17/1999 Relief Awarded: OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (209 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/28/1998 Case Number: 98-03898 Allegations: FRAUDULENT ACTIVITY-SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/28/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (210 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/07/1998 Case Number: 98-00726 Allegations: FRAUDULENT ACTIVITY-MISREPRESENTATION; FRAUDULENT ACTIVITY - OMISSION OF FACTS; FRAUDULENT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $486,275.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY NASD BrokerCheck October 17, 2005 Page 159 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition: NO AWARD AGAINST PARTY Disposition Date: 10/15/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (211 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 10/28/1997 Case Number: 97-04894 Allegations: FRAUDULENT ACTIVITY-CHURNING; ACCOUNT RELATED-NEGLIGENCE; FRAUDULENT ACTIVITY-SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 SEVERALLY ; ATTORNEY'S FEES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: AWARD AGAINST PARTY Disposition Date: 08/24/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $20,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $25,310.35; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $200.00 7C. RELIEF ASKED: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 SEVERALLY ; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 SEVERALLY 8A. CURRENT STATUS: AWARD AGAINST PARTY 8B. STATUS DATE: 08/24/1999 8C. RELIEF AWARDED: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $160,369.00; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL, AWARD AMOUNT $750.00 ** BROKERAGE FIRM ARBITRATION (212 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/09/1998 Case Number: 98-01905 Allegations: EXECUTIONS-EXECUTION PRICE; UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $8,500.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 NASD BrokerCheck October 17, 2005 Page 160 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (213 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/04/1998 Case Number: 98-01472 Allegations: BRCH OF FIDUCIARY DT; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 11/30/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (214 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/21/1998 Case Number: 98-01166 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-FAILURE TO EXECUTE; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $64,807.75; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $25,000.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $68,450.10; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/18/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, NASD BrokerCheck October 17, 2005 Page 161 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $18,750.00 ** BROKERAGE FIRM ARBITRATION (215 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/11/1998 Case Number: 98-00813 Allegations: EXECUTIONS-FAILURE TO EXECUTE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (216 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/03/1998 Case Number: 98-00594 Allegations: ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION Type of Securities: GOVERNMENT SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $14,454.92 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 06/24/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (217 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/27/1998 Case Number: 98-00550 Allegations: BRCH OF FIDUCIARY DT; MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $292,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER NASD BrokerCheck October 17, 2005 Page 162 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 03/25/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (218 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/21/1998 Case Number: 98-00183 Allegations: EXECUTIONS-FAILURE TO EXECUTE Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,145.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $4,000.00 ** BROKERAGE FIRM ARBITRATION (219 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/09/1997 Case Number: 97-05448 Allegations: BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; MISREPRESENTATION; UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 05/20/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (220 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 163 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 10/21/1997 Case Number: 97-04786 Allegations: BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE; OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00; INTEREST, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 04/27/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (221 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/23/1997 Case Number: 97-04031 Allegations: UNAUTHORIZED TRADING; OTHER; ACCOUNT RELATED-BREACH OF CONTRACT; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $40,000.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/15/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $35,000.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (222 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/21/1997 Case Number: 97-03851 Allegations: OTHER; MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $55,145.79; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; TREBLE DAMAGES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/16/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $52,145.79 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN NASD BrokerCheck October 17, 2005 Page 164 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) AWARDED (PARTIAL OR FULL), AWARD AMOUNT $15,000.00 JOINTLY AND SEVERALLY; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (223 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/15/1997 Case Number: 97-03675 Allegations: CHURNING; BRCH OF FIDUCIARY DT; OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $150,000.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $150,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/18/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $50,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (224 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/04/1997 Case Number: 97-03441 Allegations: SUITABILITY; OMISSION OF FACTS; BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $78,313.00; INTEREST, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/07/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $10,000.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $520.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, NASD BrokerCheck October 17, 2005 Page 165 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $27,080.00 ** BROKERAGE FIRM ARBITRATION (225 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/12/1997 Case Number: 97-02413 Allegations: UNAUTHORIZED TRADING; ACCOUNT RELATED-OTHER; ACCOUNT RELATED-BREACH OF CONTRACT; OTHER Type of Securities: COMMODITIES FUTURES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $41,023.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; TREBLE DAMAGES, ASKED AMOUNT $82,047.44 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 04/07/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (226 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/30/1997 Case Number: 97-02194 Allegations: MISREPRESENTATION; OMISSION OF FACTS; SUITABILITY; CHURNING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $150,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $250,000.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/11/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $32,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (227 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/25/1997 NASD BrokerCheck October 17, 2005 Page 166 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 97-01840 Allegations: SUITABILITY; CHURNING; BRCH OF FIDUCIARY DT; UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $343,572.51; OTHER COSTS, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $687,145.02; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/21/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $48,750.00; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (228 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/03/1997 Case Number: 97-01475 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT; OMISSION OF FACTS Type of Securities: LIMITED PARTNERSHIPS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $240,495.00; TREBLE DAMAGES, ASKED AMOUNT $524,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $250,000.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $162,500.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $162,500.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $87,500.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $87,500.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $50,000.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $45,000.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $45,000.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $262,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/29/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $169,121.00 JOINTLY AND SEVERALLY; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $140,906.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $64,200.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $43,356.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $42,022.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL) NASD BrokerCheck October 17, 2005 Page 167 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (229 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/27/1997 Case Number: 97-01449 Allegations: OTHER; CHURNING; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $5,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (230 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/17/1997 Case Number: 97-00991 Allegations: MISREPRESENTATION; OTHER Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $131,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/11/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $62,721.32 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $50,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (231 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/06/1997 Case Number: 97-00959 Allegations: SUITABILITY; OTHER; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK NASD BrokerCheck October 17, 2005 Page 168 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,753.62 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 12/03/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (232 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/18/1997 Case Number: 97-00506 Allegations: ACCOUNT RELATED-MARGIN CALLS; CHURNING; SUITABILITY; MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $26,750.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $70,000.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/03/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $5,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (233 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/09/1997 Case Number: 97-00017 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT; MISREPRESENTATION Type of Securities: COMMON STOCK; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $49,855.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY NASD BrokerCheck October 17, 2005 Page 169 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 01/15/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,500.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL) ** BROKERAGE FIRM ARBITRATION (234 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/07/1997 Case Number: 96-05729 Allegations: SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: OPTIONS; OTHER TYPES OF SECURITIES Relief Asked: INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $62,191.76; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 01/29/1998 Relief Awarded: INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (235 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/31/1996 Case Number: 96-05629 Allegations: ACCOUNT RELATED-NEGLIGENCE; SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $8,341.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 06/25/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (236 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 170 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 12/19/1996 Case Number: 96-04975 Allegations: MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-FAILURE TO EXECUTE; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 10/22/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (237 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/29/1996 Case Number: 96-04559 Allegations: SUITABILITY; CHURNING; ACCOUNT RELATED - FAILURE TO SUPERVISE; BRCH OF FIDUCIARY DT Type of Securities: OPTIONS; COMMON STOCK; OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $123,333.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/07/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $30,000.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (238 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/02/1996 Case Number: 96-04231 Allegations: ACCOUNT RELATED-COLLECTION Type of Securities: MUNICIPAL BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $76,645.12; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: Not Provided NASD BrokerCheck October 17, 2005 Page 171 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (239 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/12/1996 Case Number: 96-03676 Allegations: BRCH OF FIDUCIARY DT; MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $123,089.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 01/09/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (240 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/14/1996 Case Number: 96-03577 Allegations: CHURNING; SUITABILITY; UNAUTHORIZED TRADING; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; GOVERNMENT SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $120,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $300,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 02/20/1998 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 172 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (241 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/08/1996 Case Number: 96-02834 Allegations: SUITABILITY; UNAUTHORIZED TRADING Type of Securities: GOVERNMENT SECURITIES; MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,850.40; OTHER COSTS, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,470.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/14/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,991.40 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $150.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL) ** BROKERAGE FIRM ARBITRATION (242 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/13/1996 Case Number: 96-02745 Allegations: SUITABILITY; MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE; OMISSION OF FACTS Type of Securities: LIMITED PARTNERSHIPS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $94,274.07 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 05/22/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (243 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 173 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 06/27/1996 Case Number: 96-02454 Allegations: CHURNING; SUITABILITY; UNAUTHORIZED TRADING; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; WARRANTS/RIGHTS; OPTIONS; ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/12/1999 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $40,000.00; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (244 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/11/1996 Case Number: 96-02351 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; MISREPRESENTATION; SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; LIMITED PARTNERSHIPS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $150.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (245 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/07/1996 Case Number: 96-02350 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT NASD BrokerCheck October 17, 2005 Page 174 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $150.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $8,089.23 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $150.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (246 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/03/1996 Case Number: 96-02128 Allegations: MISREPRESENTATION; CHURNING; BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; PREFERRED STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $611,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $33,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 11/05/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (247 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/27/1996 Case Number: 96-01936 Allegations: ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION Type of Securities: OPTIONS; MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $7,207.13; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,297.00 JOINTLY AND NASD BrokerCheck October 17, 2005 Page 175 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SEVERALLY; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $75.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (248 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/01/1996 Case Number: 96-01758 Allegations: EXECUTIONS-FAILURE TO EXECUTE; MISREPRESENTATION; OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $390,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 07/07/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (249 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/25/1996 Case Number: 96-00950 Allegations: SUITABILITY; MISREPRESENTATION; OMISSION OF FACTS Type of Securities: FANNY MAE; COMMON STOCK; MUNICIPAL BONDS; OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,772.54; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/27/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,231.64; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $281.38 ** BROKERAGE FIRM ARBITRATION (250 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/14/1996 NASD BrokerCheck October 17, 2005 Page 176 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 96-00717 Allegations: SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE; CHURNING Type of Securities: COMMON STOCK; PREFERRED STOCK; OPTIONS; WARRANTS/RIGHTS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $500,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 05/21/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (251 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/25/1996 Case Number: 96-00233 Allegations: UNAUTHORIZED TRADING; MISREPRESENTATION; BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; OPTIONS; COMMODITIES FUTURES; ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $348,721.44; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/07/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $89,041.34; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (252 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/07/1996 Case Number: 96-00097 Allegations: UNAUTHORIZED TRADING; SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; OMISSION OF FACTS Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $90,000.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT NASD BrokerCheck October 17, 2005 Page 177 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/26/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $135,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (253 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/15/1996 Case Number: 96-00032 Allegations: OMISSION OF FACTS; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK; PREFERRED STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,050.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 07/31/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (254 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/13/1996 Case Number: 95-06060 Allegations: SUITABILITY; MISREPRESENTATION; MANIPULATION; ACCOUNT RELATED-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $125,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 12/11/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN NASD BrokerCheck October 17, 2005 Page 178 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (255 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/26/1996 Case Number: 95-05737 Allegations: SUITABILITY; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $35,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $25,000.00; INTEREST, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $12,431.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,346.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $500.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (256 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/12/1995 Case Number: 95-05689 Allegations: EXECUTIONS-FAILURE TO EXECUTE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $777.11; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $1,000.00; OTHER COSTS, ASKED AMOUNT $50.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/02/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $777.11 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL) ** BROKERAGE FIRM ARBITRATION (257 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/06/1995 NASD BrokerCheck October 17, 2005 Page 179 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 95-05649 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT; SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; TREBLE DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 11/19/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (258 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/03/1995 Case Number: 95-04856 Allegations: SUITABILITY; CHURNING; BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $15,375.91 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $130,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 07/01/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (259 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/07/1995 Case Number: 95-04200 Allegations: BRCH OF FIDUCIARY DT; SUITABILITY; MISREPRESENTATION; NASD BrokerCheck October 17, 2005 Page 180 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ACCOUNT RELATED-NEGLIGENCE Type of Securities: LIMITED PARTNERSHIPS; REAL ESTATE INVESTMENT TRUST Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $83,192.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (260 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/02/1996 Case Number: 95-04002 Allegations: ACCOUNT RELATED-ERRORS-CHARGES Type of Securities: MUNICIPAL BOND FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $816.08 Disposition: AWARD AGAINST PARTY Disposition Date: 03/28/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $272.88 ** BROKERAGE FIRM ARBITRATION (261 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/11/1996 Case Number: 95-03985 Allegations: ACCOUNT RELATED-OTHER Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $9,023.59 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 04/30/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (262 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/19/1995 NASD BrokerCheck October 17, 2005 Page 181 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 95-03553 Allegations: OMISSION OF FACTS Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,954.60; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/08/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,600.00; OTHER MONETARY RELIEF, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $50.00 ** BROKERAGE FIRM ARBITRATION (263 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/22/1995 Case Number: 95-03011 Allegations: CHURNING; MISREPRESENTATION; SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $50,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/24/1997 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $56,450.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (264 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/02/1995 Case Number: 95-02981 Allegations: SUITABILITY; MISREPRESENTATION Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,755.79 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 01/09/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (265 of 391) ** NASD BrokerCheck October 17, 2005 Page 182 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/24/1995 Case Number: 95-02702 Allegations: SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,700.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $4,700.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/17/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,350.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $150.00 ** BROKERAGE FIRM ARBITRATION (266 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/16/1995 Case Number: 95-02678 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; BRCH OF FIDUCIARY DT; MISREPRESENTATION; SUITABILITY Type of Securities: COMMON STOCK; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $500,001.00; OTHER COSTS, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/17/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $95,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $35,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (267 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/31/1995 Case Number: 95-02512 Allegations: ACCOUNT RELATED-NEGLIGENCE Type of Securities: ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $21,785.70; INTEREST, ASKED AMOUNT $9,191.79; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00 NASD BrokerCheck October 17, 2005 Page 183 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition: AWARD AGAINST PARTY Disposition Date: 04/19/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $18,923.20; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (268 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/18/1995 Case Number: 95-02368 Allegations: UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,550.98; INTEREST, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $20,000.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $317.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $400.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (269 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 07/10/1995 Case Number: 95-01796 Allegations: OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $894.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 11/02/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (270 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 184 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 04/28/1995 Case Number: 95-01680 Allegations: OMISSION OF FACTS; SUITABILITY; MISREPRESENTATION; BRCH OF FIDUCIARY DT Type of Securities: ANNUITIES; MUTUAL FUNDS; OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $6,325.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (271 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/04/1995 Case Number: 95-01638 Allegations: ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,150.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $300.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 10/10/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (272 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/27/1995 Case Number: 95-01593 Allegations: SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $145,000.00; INTEREST, ASKED AMOUNT $22,000.00; ATTORNEY'S FEES, ASKED AMOUNT $10,000.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/08/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $20,000.00 JOINTLY AND NASD BrokerCheck October 17, 2005 Page 185 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SEVERALLY; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (273 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/17/1995 Case Number: 95-01451 Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED-ERRORS-CHARGES Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $6,686.35 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 01/09/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (274 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 05/02/1995 Case Number: 95-01350 Allegations: MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 12/06/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (275 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/05/1995 Case Number: 95-01227 Allegations: UNAUTHORIZED TRADING; SUITABILITY; BRCH OF FIDUCIARY DT; OMISSION OF FACTS Type of Securities: COMMON STOCK; MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $33,226.52; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY NASD BrokerCheck October 17, 2005 Page 186 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 10/13/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $467,851.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $20,000.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,500.00; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $120.00 ** BROKERAGE FIRM ARBITRATION (276 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/16/1995 Case Number: 95-01153 Allegations: SUITABILITY; BRCH OF FIDUCIARY DT Type of Securities: OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $19,183.12; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/30/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (277 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/17/1995 Case Number: 95-00815 Allegations: SUITABILITY; OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $42,002.40 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $63,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 07/26/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (278 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 187 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 03/13/1995 Case Number: 95-00685 Allegations: ACCOUNT RELATED-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/29/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $10,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $150.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (279 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/13/1995 Case Number: 95-00634 Allegations: SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,000.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/23/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,680.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $150.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (280 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/09/1994 Case Number: 94-03616 Allegations: ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-BREACH OF CONTRACT; UNAUTHORIZED TRADING; OTHER Type of Securities: COMMON STOCK; COMMODITIES FUTURES; OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $900,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/03/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $5,000.00 ** BROKERAGE FIRM ARBITRATION (281 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 188 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 11/09/1994 Case Number: 94-03352 Allegations: BRCH OF FIDUCIARY DT; OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $110,000.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $117,720.00; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL); ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (282 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/06/1994 Case Number: 94-03186 Allegations: SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,558.88 Disposition: AWARD AGAINST PARTY Disposition Date: 05/30/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (283 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/09/1994 Case Number: 94-03151 Allegations: MISREPRESENTATION; SUITABILITY; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK; OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $45,200.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (284 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 189 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 10/05/1994 Case Number: 94-02983 Allegations: OMISSION OF FACTS Type of Securities: MUNICIPAL BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,372.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 05/18/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (285 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/26/1994 Case Number: 94-02779 Allegations: ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-TRANSFER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $250,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $500,000.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/14/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $375,000.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (286 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/09/1994 Case Number: 94-02602 Allegations: UNAUTHORIZED TRADING; BRCH OF FIDUCIARY DT; SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $66,454.25 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $10,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING NASD BrokerCheck October 17, 2005 Page 190 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 07/26/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (287 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/01/1994 Case Number: 94-02460 Allegations: SUITABILITY; MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $9,979.00; OTHER COSTS, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,942.55; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $75.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $467.93 ** BROKERAGE FIRM ARBITRATION (288 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/18/1994 Case Number: 94-02267 Allegations: OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $7,882.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (289 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 191 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 07/20/1994 Case Number: 94-02173 Allegations: EXECUTIONS-FAILURE TO EXECUTE; EXECUTIONS-OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,342.50 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $30.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 07/21/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (290 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/25/1994 Case Number: 94-01513 Allegations: BRCH OF FIDUCIARY DT; MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; SUITABILITY Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $420,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 07/28/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (291 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/01/1994 Case Number: 94-00358 Allegations: MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION; OMISSION OF FACTS Type of Securities: LIMITED PARTNERSHIPS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $116,404.22 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND NASD BrokerCheck October 17, 2005 Page 192 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 06/07/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (292 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/19/1994 Case Number: 94-00157 Allegations: ACCOUNT RELATED-ERRORS-CHARGES; MISREPRESENTATION; SUITABILITY Type of Securities: GOVERNMENT SECURITIES; MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,312.93 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,312.93 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (293 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/07/1994 Case Number: 94-00144 Allegations: CHURNING; SUITABILITY; MISREPRESENTATION; OMISSION OF FACTS Type of Securities: COMMON STOCK; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $20,840.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $41,680.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 12/14/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (294 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 193 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 03/23/1994 Case Number: 93-05029 Allegations: SUITABILITY; CHURNING; MISREPRESENTATION; OMISSION OF FACTS Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $250,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 04/10/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (295 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/07/1994 Case Number: 93-04881 Allegations: MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE Type of Securities: MUNICIPAL BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $419,624.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; RACKETEERING INTERSTATE CORRUPTION ORG, ASKED AMOUNT $5,000,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $57,027.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $1,250,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 05/19/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; RACKETEERING INTERSTATE CORRUPTION ORG, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL NASD BrokerCheck October 17, 2005 Page 194 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (296 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/06/1994 Case Number: 93-04868 Allegations: UNAUTHORIZED TRADING; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED - FAILURE TO SUPERVISE; OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,700.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,993.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,170.00; INTEREST, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $75,000.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $11,700.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,993.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,170.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $6,897.91 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $10,880.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $500.00; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (297 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/07/1994 Case Number: 93-04808 Allegations: MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $53,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (298 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 195 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 12/29/1993 Case Number: 93-04353 Allegations: EXECUTIONS-FAILURE TO EXECUTE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $7,500.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/16/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,000.00 ** BROKERAGE FIRM ARBITRATION (299 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/21/1993 Case Number: 93-04258 Allegations: SUITABILITY Type of Securities: COMMODITIES FUTURES; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,572.75 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 05/05/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (300 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/04/1994 Case Number: 93-04103 Allegations: MISREPRESENTATION; BRCH OF FIDUCIARY DT; OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $31,242.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; TREBLE DAMAGES, ASKED AMOUNT $93,726.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: Not Provided NASD BrokerCheck October 17, 2005 Page 196 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (301 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/03/1993 Case Number: 93-02777 Allegations: CHURNING; SUITABILITY; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: COMMON STOCK; OPTIONS; COMMODITIES FUTURES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,000,000.00; INTEREST, ASKED AMOUNT $0.00; TREBLE DAMAGES, ASKED AMOUNT $9,000,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/13/1996 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $55,444.00; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (302 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/13/1993 Case Number: 93-02113 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $50,000.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/31/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $24,278.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,564.55 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (303 of 391) ** NASD BrokerCheck October 17, 2005 Page 197 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/04/1993 Case Number: 93-02063 Allegations: SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: GINNIE MAES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $35,210.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,249.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 06/06/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (304 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/07/1993 Case Number: 93-01955 Allegations: CHURNING; SUITABILITY Type of Securities: COMMON STOCK; OPTIONS; CORPORATE BONDS; WARRANTS/RIGHTS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $130,687.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,405.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 08/21/1995 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (305 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/11/1993 Case Number: 93-01646 Allegations: SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED-BREACH OF CONTRACT; MISREPRESENTATION Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $736,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $23,141.00 JOINTLY AND SEVERALLY; NASD BrokerCheck October 17, 2005 Page 198 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $15,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,150.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $2,000,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 04/11/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (306 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/05/1993 Case Number: 93-01587 Allegations: UNAUTHORIZED TRADING; MISREPRESENTATION; BRCH OF FIDUCIARY DT; OTHER Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $29,405.26; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 11/05/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (307 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/13/1993 Case Number: 93-01500 Allegations: SUITABILITY; UNAUTHORIZED TRADING; ACCOUNT RELATED - FAILURE TO SUPERVISE; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK; PREFERRED STOCK; OPTIONS; GOVERNMENT SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $25,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $50,000.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $59,747.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/27/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $15,000.00 JOINTLY AND SEVERALLY NASD BrokerCheck October 17, 2005 Page 199 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) ** BROKERAGE FIRM ARBITRATION (308 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/10/1993 Case Number: 93-01439 Allegations: CHURNING; BRCH OF FIDUCIARY DT; SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $79,446.18; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/25/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $64,469.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $23,518.25 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (309 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/20/1993 Case Number: 93-01322 Allegations: EXECUTIONS-FAILURE TO EXECUTE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,554.18 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 10/21/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (310 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/26/1993 Case Number: 93-00610 Allegations: CHURNING; UNAUTHORIZED TRADING; MISREPRESENTATION; SUITABILITY Type of Securities: COMMON STOCK; WARRANTS/RIGHTS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $35,401.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING NASD BrokerCheck October 17, 2005 Page 200 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 03/22/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (311 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/25/1993 Case Number: 93-00436 Allegations: ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,066.52; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/26/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $4,061.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $200.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (312 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/08/1993 Case Number: 93-00353 Allegations: SUITABILITY; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $30,000.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 08/16/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (313 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/03/1993 Case Number: 93-00323 Allegations: CHURNING; UNAUTHORIZED TRADING; ACCOUNT RELATED - FAILURE TO SUPERVISE; MISREPRESENTATION Type of Securities: COMMON STOCK; MUNICIPAL BOND FUNDS; LIMITED PARTNERSHIPS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $147,253.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 NASD BrokerCheck October 17, 2005 Page 201 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $294,506.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 07/29/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (315 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/04/1993 Case Number: 92-03986 Allegations: ACCOUNT RELATED-OTHER Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $122.00; TREBLE DAMAGES, ASKED AMOUNT $366.00; OTHER COSTS, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 06/30/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; TREBLE DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (316 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 11/09/1992 NASD BrokerCheck October 17, 2005 Page 202 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Number: 92-03738 Allegations: UNAUTHORIZED TRADING; MISREPRESENTATION; OMISSION OF FACTS Type of Securities: COMMON STOCK; ANNUITIES Relief Asked: Not Provided Disposition: CASE IS CLOSED, SETTLED Disposition Date: Not Provided Relief Awarded: Not Provided ** BROKERAGE FIRM ARBITRATION (317 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/18/1992 Case Number: 92-03672 Allegations: MISREPRESENTATION; OMISSION OF FACTS; UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT Type of Securities: MUNICIPAL BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $300,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 08/23/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (318 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/11/1992 Case Number: 92-02855 Allegations: CHURNING; UNAUTHORIZED TRADING; MISREPRESENTATION; SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,764.00 Disposition: AWARD AGAINST PARTY Disposition Date: Not Provided Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $4,318.75 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (319 of 391) ** Type of Event: ARBITRATION Update: NO NASD BrokerCheck October 17, 2005 Page 203 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Arbitration Forum: NASD Case Served Date: 09/16/1992 Case Number: 92-02752 Allegations: SUITABILITY; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-OTHER; OTHER Type of Securities: LIMITED PARTNERSHIPS; MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $226,743.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 06/29/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (320 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/05/1992 Case Number: 92-02563 Allegations: BRCH OF FIDUCIARY DT; SUITABILITY Type of Securities: ANNUITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $274,000.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $275,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/27/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $27,500.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $27,500.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (321 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/08/1992 Case Number: 92-02416 Allegations: BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $14,933.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY NASD BrokerCheck October 17, 2005 Page 204 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 06/14/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (322 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/14/1992 Case Number: 92-02285 Allegations: OMISSION OF FACTS Type of Securities: WARRANTS/RIGHTS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $7,400.00 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 08/24/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (323 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/20/1992 Case Number: 92-02139 Allegations: CHURNING; SUITABILITY; BRCH OF FIDUCIARY DT; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $200,000.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $600,000.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/13/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $88,276.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $50,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $53,791.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $17,655.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $8,547.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (324 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 205 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 07/09/1992 Case Number: 92-02060 Allegations: BRCH OF FIDUCIARY DT; OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Type of Securities: GOVERNMENT SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $62,051.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $26,006.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 12/31/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (325 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/04/1992 Case Number: 92-01829 Allegations: SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $23,970.85 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $26,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 02/18/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (326 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/04/1992 Case Number: 92-01607 NASD BrokerCheck October 17, 2005 Page 206 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Allegations: ACCOUNT RELATED-ERRORS-CHARGES Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,237.60 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 12/16/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (327 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/28/1992 Case Number: 92-01303 Allegations: SUITABILITY; MISREPRESENTATION; BRCH OF FIDUCIARY DT Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $146,019.81; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/17/1994 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $145,905.00; PUNITIVE/EXEMPLARY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $150,000.00 ** BROKERAGE FIRM ARBITRATION (328 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/09/1992 Case Number: 92-01223 Allegations: UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,232.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 10/23/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (329 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 207 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 04/15/1992 Case Number: 92-00948 Allegations: ACCOUNT RELATED-NEGLIGENCE Type of Securities: MUNICIPAL BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/28/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $5,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (330 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/10/1992 Case Number: 92-00600 Allegations: ACCOUNT RELATED-NEGLIGENCE Type of Securities: REAL ESTATE INVESTMENT TRUST Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $8,714.30 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 09/10/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (331 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/20/1992 Case Number: 92-00208 Allegations: ACCOUNT RELATED-TRANSFER; ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $3,161.33; OTHER COSTS, ASKED AMOUNT $350.00; ATTORNEY'S FEES, ASKED AMOUNT $540.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/10/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,161.33 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $125.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $540.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (332 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 208 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 02/06/1992 Case Number: 91-03956 Allegations: SUITABILITY; CHURNING Type of Securities: COMMON STOCK; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 03/19/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (333 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/24/1992 Case Number: 91-03734 Allegations: SUITABILITY; OMISSION OF FACTS; ACCOUNT RELATED - FAILURE TO SUPERVISE; CHURNING Type of Securities: COMMON STOCK; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $150,000.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/22/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $50,613.50 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,500.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (334 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/25/1991 Case Number: 91-03367 Allegations: SUITABILITY; MISREPRESENTATION; OTHER; ACCOUNT RELATED-NEGLIGENCE Type of Securities: LIMITED PARTNERSHIPS; PREFERRED STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $45,499.21 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 07/17/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN NASD BrokerCheck October 17, 2005 Page 209 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (335 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/02/1991 Case Number: 91-03288 Allegations: BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; SUITABILITY; MISREPRESENTATION Type of Securities: COMMON STOCK; GINNIE MAES; LIMITED PARTNERSHIPS; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $30,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/18/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $40,725.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (336 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 10/08/1991 Case Number: 91-03095 Allegations: CHURNING; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; OTHER Type of Securities: COMMON STOCK; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $124,150.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/17/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $42,500.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (337 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/24/1991 Case Number: 91-02905 Allegations: ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT; BRCH OF FIDUCIARY DT; OTHER Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $9,412.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY NASD BrokerCheck October 17, 2005 Page 210 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 12/01/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,600.00; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $4,383.68 ** BROKERAGE FIRM ARBITRATION (338 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/21/1991 Case Number: 91-02533 Allegations: SUITABILITY; MISREPRESENTATION Type of Securities: GOVERNMENT SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $37,303.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/06/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $22,500.00 ** BROKERAGE FIRM ARBITRATION (339 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: 08/26/1991 Case Number: 91-02502 Allegations: MISREPRESENTATION; BRCH OF FIDUCIARY DT; SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: OPTIONS; COMMODITIES FUTURES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $57,697.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/04/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $21,945.68 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (340 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/20/1991 Case Number: 91-02232 Allegations: SUITABILITY; MISREPRESENTATION; OMISSION OF FACTS Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,403.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/19/1992 NASD BrokerCheck October 17, 2005 Page 211 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $4,403.00 ** BROKERAGE FIRM ARBITRATION (341 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/09/1991 Case Number: 91-02049 Allegations: BRCH OF FIDUCIARY DT; MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; UNKNOWN TYPE OF CONTROVERSY Type of Securities: COMMON STOCK; ANNUITIES; OTHER TYPES OF SECURITIES; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $120,873.87; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/14/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $53,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $52,000.00 ** BROKERAGE FIRM ARBITRATION (342 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/03/1991 Case Number: 91-01750 Allegations: SUITABILITY; MISREPRESENTATION; ACCOUNT RELATED - FAILURE TO SUPERVISE; OTHER Type of Securities: LIMITED PARTNERSHIPS; OPTIONS; REAL ESTATE INVESTMENT TRUST; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $36,401.20 Disposition: AWARD AGAINST PARTY Disposition Date: 07/08/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $4,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (343 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/07/1991 Case Number: 91-01628 Allegations: MISREPRESENTATION; SUITABILITY; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: ANNUITIES; COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $150,000.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 NASD BrokerCheck October 17, 2005 Page 212 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition: AWARD AGAINST PARTY Disposition Date: 01/27/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $10,962.36 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,521.34 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $5,000.00 JOINTLY AND SEVERALLY; OTHER COSTS, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (344 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/01/1991 Case Number: 91-01580 Allegations: MISREPRESENTATION; BRCH OF FIDUCIARY DT; SUITABILITY; OMISSION OF FACTS Type of Securities: OPTIONS; COMMON STOCK; MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $227,004.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $5,000,000.00 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $5,227,004.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 08/17/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (345 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/29/1991 Case Number: 91-01578 Allegations: SUITABILITY; MISREPRESENTATION Type of Securities: MUTUAL FUNDS; CORPORATE BONDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $15,571.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/16/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $12,552.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,012.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (346 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 213 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 07/23/1991 Case Number: 91-01542 Allegations: CHURNING; OTHER; ACCOUNT RELATED-NEGLIGENCE; SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $217,943.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/23/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $50,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $9,375.75 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (347 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/12/1991 Case Number: 91-00964 Allegations: EXECUTIONS-OTHER; ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-OTHER; ACCOUNT RELATED-NEGLIGENCE Type of Securities: MUNICIPAL BOND FUNDS; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,050.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/26/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,050.00 ** BROKERAGE FIRM ARBITRATION (348 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/27/1991 Case Number: 91-00910 Allegations: SUITABILITY; CHURNING; MISREPRESENTATION; OTHER Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $40,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/14/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $15,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (349 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 214 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 05/06/1991 Case Number: 91-00839 Allegations: MISREPRESENTATION; BRCH OF FIDUCIARY DT; SUITABILITY Type of Securities: LIMITED PARTNERSHIPS; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $56,000.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/24/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $56,000.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $5,950.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (350 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/21/1991 Case Number: 91-00791 Allegations: SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT; CHURNING Type of Securities: OTHER TYPES OF SECURITIES Relief Asked: ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/18/1992 Relief Awarded: ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $160,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (351 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/27/1991 Case Number: 91-00483 Allegations: SUITABILITY; MISREPRESENTATION; BRCH OF FIDUCIARY DT; UNAUTHORIZED TRADING Type of Securities: COMMON STOCK; MUNICIPAL BOND FUNDS; OPTIONS; WARRANTS/RIGHTS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $30,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 11/04/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (352 of 391) ** NASD BrokerCheck October 17, 2005 Page 215 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/12/1991 Case Number: 91-00466 Allegations: ACCOUNT RELATED-OTHER; ACCOUNT RELATED-ERRORS-CHARGES; BRCH OF FIDUCIARY DT; MISREPRESENTATION Type of Securities: MUTUAL FUNDS; ANNUITIES; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $9,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/13/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,393.79 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (353 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/11/1991 Case Number: 91-00427 Allegations: BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION; SUITABILITY Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $68,120.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/29/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $43,258.65 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $12,550.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $11,930.73 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (354 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 02/26/1991 Case Number: 91-00297 Allegations: MISREPRESENTATION; SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $85,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/27/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $34,309.00 JOINTLY AND NASD BrokerCheck October 17, 2005 Page 216 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) SEVERALLY ** BROKERAGE FIRM ARBITRATION (355 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/25/1991 Case Number: 91-00252 Allegations: MISREPRESENTATION; SUITABILITY; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: LIMITED PARTNERSHIPS; REAL ESTATE INVESTMENT TRUST Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $77,000.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 06/19/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (356 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/12/1990 Case Number: 90-03111 Allegations: MISREPRESENTATION; SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $10,835.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/19/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $7,883.38 ** BROKERAGE FIRM ARBITRATION (357 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 12/11/1990 Case Number: 90-03047 Allegations: UNAUTHORIZED TRADING; CHURNING Type of Securities: MUNICIPAL BOND FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $143,068.00 Disposition: AWARD AGAINST PARTY NASD BrokerCheck October 17, 2005 Page 217 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Disposition Date: 03/23/1993 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $39,360.82 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (358 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/17/1990 Case Number: 90-02252 Allegations: ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION Type of Securities: UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES Relief Asked: INTEREST, ASKED AMOUNT $3,737.00 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 02/14/1991 Relief Awarded: INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (359 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/14/1990 Case Number: 90-02154 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; SUITABILITY; UNAUTHORIZED TRADING Type of Securities: PREFERRED STOCK; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES; UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $99,158.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/28/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $12,690.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (360 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/20/1990 Case Number: 90-01994 Allegations: ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION; CHURNING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $690,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/18/1991 NASD BrokerCheck October 17, 2005 Page 218 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $300,000.00 ** BROKERAGE FIRM ARBITRATION (361 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 07/16/1990 Case Number: 90-01927 Allegations: MISREPRESENTATION Type of Securities: COMMON STOCK; WARRANTS/RIGHTS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $208,253.25 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $74,445.67 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $5,713.15 JOINTLY AND SEVERALLY; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $408.16 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER MONETARY RELIEF, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 01/21/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER MONETARY RELIEF, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (362 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 06/19/1990 Case Number: 90-01657 Allegations: ACCOUNT RELATED-NEGLIGENCE; SUITABILITY; UNAUTHORIZED TRADING Type of Securities: REAL ESTATE INVESTMENT TRUST Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $30,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/28/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $30,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (363 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 05/14/1990 Case Number: 90-01304 Allegations: UNAUTHORIZED TRADING; CHURNING; ACCOUNT RELATED-OTHER NASD BrokerCheck October 17, 2005 Page 219 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Securities: GOVERNMENT SECURITIES; MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $20,074.00; ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $33,645.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/15/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $10,037.35; ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,783.68 ** BROKERAGE FIRM ARBITRATION (364 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/12/1990 Case Number: 90-00988 Allegations: Not Provided Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $4,770.68 Disposition: AWARD AGAINST PARTY Disposition Date: 01/30/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,962.30 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (365 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 03/13/1990 Case Number: 90-00632 Allegations: Not Provided Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $11,300.00; RACKETEERING INTERSTATE CORRUPTION ORG, ASKED AMOUNT $33,900.00; INTEREST, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 11/26/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; RACKETEERING INTERSTATE CORRUPTION ORG, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (366 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 220 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 02/12/1990 Case Number: 90-00182 Allegations: MISREPRESENTATION Type of Securities: Not Provided Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/18/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $16,415.26 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (367 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/26/1990 Case Number: 90-00160 Allegations: Not Provided Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $148,847.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/23/1992 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $10,000.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $17,475.76 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (368 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/23/1990 Case Number: 90-00109 Allegations: Not Provided Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $68,003.82; INTEREST, ASKED AMOUNT $0.00; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00; OTHER COSTS, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 08/20/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (369 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 221 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 12/01/1989 Case Number: 89-03244 Allegations: Not Provided Type of Securities: Not Provided Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $75,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/29/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $42,500.00 ** BROKERAGE FIRM ARBITRATION (370 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/06/1989 Case Number: 89-03008 Allegations: Not Provided Type of Securities: Not Provided Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $35,911.30; INTEREST, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 09/19/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (371 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1989 Case Number: 89-02283 Allegations: EXECUTIONS-FAILURE TO EXECUTE; ACCOUNT RELATED-NEGLIGENCE; BRCH OF FIDUCIARY DT Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $1,189.95; OTHER COSTS, ASKED AMOUNT $0.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 12/05/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (372 of 391) ** NASD BrokerCheck October 17, 2005 Page 222 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 09/01/1989 Case Number: 89-02213 Allegations: Not Provided Type of Securities: Not Provided Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $105,000.00; INTEREST, ASKED AMOUNT $0.00 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 10/18/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (373 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1989 Case Number: 89-02064 Allegations: UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $963.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 01/18/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (374 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: PRECRAFTIS Case Number: 89-01384 Allegations: UNKNOWN TYPE OF CONTROVERSY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/20/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL) ** BROKERAGE FIRM ARBITRATION (375 of 391) ** Type of Event: ARBITRATION Update: NO NASD BrokerCheck October 17, 2005 Page 223 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Arbitration Forum: NASD Case Served Date: 01/01/1989 Case Number: 89-00970 Allegations: ACCOUNT RELATED-NEGLIGENCE; SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $76,973.51 Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 04/26/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (376 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 04/05/1989 Case Number: 89-00163 Allegations: Not Provided Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $30,000.00; ATTORNEY'S FEES, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/19/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $10,889.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $7,194.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (377 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-99910 Allegations: UNAUTHORIZED TRADING; MISREPRESENTATION; SUITABILITY; ACCOUNT RELATED - FAILURE TO SUPERVISE Type of Securities: COMMON STOCK; MUTUAL FUNDS; OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $67,119.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/14/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $3,616.10 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (378 of 391) ** Type of Event: ARBITRATION Update: NO NASD BrokerCheck October 17, 2005 Page 224 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-03950 Allegations: ACCOUNT RELATED-NEGLIGENCE; MISREPRESENTATION Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,934.00 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $320.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $500.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 06/02/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (379 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 11/10/1988 Case Number: 88-03197 Allegations: Not Provided Type of Securities: Not Provided Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $23,391.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/13/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $13,000.00 ** BROKERAGE FIRM ARBITRATION (380 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-03168 Allegations: MISREPRESENTATION; SUITABILITY Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $33,210.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/31/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $12,000.00 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (381 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 225 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-02906 Allegations: UNAUTHORIZED TRADING; OTHER Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $13,999.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/08/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $1,787.50 ** BROKERAGE FIRM ARBITRATION (382 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-02141 Allegations: EXECUTIONS-FAILURE TO EXECUTE; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $2,500.00 Disposition: CASE IS CLOSED, BY PAPERS Disposition Date: 06/28/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (383 of 391) ** Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: PRECRAFTIS Case Number: 88-02067 Allegations: ACCOUNT RELATED-NEGLIGENCE; EXECUTIONS-FAILURE TO EXECUTE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $890.82 Disposition: AWARD AGAINST PARTY Disposition Date: 06/02/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $596.26 ** BROKERAGE FIRM ARBITRATION (384 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD NASD BrokerCheck October 17, 2005 Page 226 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Case Served Date: 06/21/1988 Case Number: 88-01784 Allegations: Not Provided Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $184,145.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/11/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $185,609.61 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (385 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-01557 Allegations: EXECUTIONS-FAILURE TO EXECUTE Type of Securities: MUTUAL FUNDS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $22,500.52; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $22,500.52; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $2,400.00 ** BROKERAGE FIRM ARBITRATION (386 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-01494 Allegations: SUITABILITY; BRCH OF FIDUCIARY DT; MISREPRESENTATION Type of Securities: MUTUAL FUNDS; OTHER TYPES OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $20,000.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; ATTORNEY'S FEES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 01/30/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; ATTORNEY'S FEES, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (387 of 391) ** Type of Event: ARBITRATION NASD BrokerCheck October 17, 2005 Page 227 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-01410 Allegations: SUITABILITY; BRCH OF FIDUCIARY DT; ACCOUNT RELATED-NEGLIGENCE Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $81,236.76 JOINTLY AND SEVERALLY; INTEREST, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; PUNITIVE/EXEMPLARY DAMAGES, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY; OTHER COSTS, ASKED AMOUNT $0.00 JOINTLY AND SEVERALLY Disposition: CASE IS CLOSED, BY HEARING Disposition Date: 08/18/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; INTEREST, RELIEF REQUEST HAS BEEN DENIED IN FULL; PUNITIVE/EXEMPLARY DAMAGES, RELIEF REQUEST HAS BEEN DENIED IN FULL; OTHER COSTS, RELIEF REQUEST HAS BEEN DENIED IN FULL ** BROKERAGE FIRM ARBITRATION (388 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-01094 Allegations: UNAUTHORIZED TRADING; SUITABILITY; CHURNING Type of Securities: UNKNOWN TYPE OF SECURITIES Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $190,406.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/31/1990 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $20,000.00 ** BROKERAGE FIRM ARBITRATION (389 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 01/01/1988 Case Number: 88-00007 Allegations: UNAUTHORIZED TRADING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $12,523.34 Disposition: AWARD AGAINST PARTY Disposition Date: 10/30/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL) ** BROKERAGE FIRM ARBITRATION (390 of 391) ** NASD BrokerCheck October 17, 2005 Page 228 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 BROKERAGE FIRM ARBITRATIONS(cont.) Type of Event: ARBITRATION Update: YES Arbitration Forum: NASD Case Served Date: PRECRAFTIS Case Number: 87-02042 Allegations: UNAUTHORIZED TRADING; SUITABILITY; BRCH OF FIDUCIARY DT; CHURNING Type of Securities: COMMON STOCK Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $170,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/22/1989 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $28,616.98 JOINTLY AND SEVERALLY ** BROKERAGE FIRM ARBITRATION (391 of 391) ** Type of Event: ARBITRATION Update: NO Arbitration Forum: NASD Case Served Date: 08/29/1986 Case Number: 86-00985 Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; OTHER; BRCH OF FIDUCIARY DT Type of Securities: OPTIONS Relief Asked: ACTUAL/COMPENSATORY DAMAGES, ASKED AMOUNT $289,352.00; INTEREST, ASKED AMOUNT $0.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/25/1991 Relief Awarded: ACTUAL/COMPENSATORY DAMAGES, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $163,004.00 JOINTLY AND SEVERALLY; INTEREST, RELIEF HAS BEEN AWARDED (PARTIAL OR FULL), AWARD AMOUNT $65,000.00 JOINTLY AND SEVERALLY NASD BrokerCheck October 17, 2005 Page 229 This information is current as of: 10/17/2005 ________________________________________________________________________________ NASD Member Firm: A. G. EDWARDS & SONS, INC. CRD Number: 4 ******************************************************************************** BOND ACTIONS ******************************************************************************** DISCLOSURE INFORMATION This section contains information regarding bond events that were reported to CRD. These events are disclosable through NASD BrokerCheck and include bonds that have been denied, paid out on, or revoked by a bonding company. Some of the fields in this section of the report may be blank if the information was not provided to CRD. ** OCCURRENCE COUNTS ** 2 Record(s) ******************************************************************************** ** FIELD DEFINITIONS ** * Reporting Source: The form through which details of the bond action was reported to CRD. * Date Reported: The date the action was reported to CRD. * Policy Holder: The name of the policy holder. * Bonding Company: The name of the company that has denied, paid out on, or revoked the bond. * Disposition: Details of how the matter was resolved. * Disposition Date: Date the matter was resolved. * Payout Details: The amount and date of payout, if any. * Summary: Details of the circumstances leading to the bonding company action. ******************************************************************************** *********** BOND ACTION (1 of 2) *********** Reporting Source: Brokerage Firm (Form BD) Date Reported: Policy Holder: A.G. EDWARDS & SONS, INC. Bonding Company: AETNA Disposition: Payout Disposition Date: 01/01/1992 Payout Details: $371,625.00 PAID IN JANUARY, 1992. Summary: DISHONEST ACTS BY FORMER EMPLOYEE RICHARD K. PEMBERTON. *********** BOND ACTION (2 of 2) *********** Reporting Source: Brokerage Firm (Form BD) Date Reported: Policy Holder: A.G. EDWARDS & SONS, INC. Bonding Company: NATIONAL UNION FIRE INSURANCE OF PENNSYLVANIA Disposition: Payout Disposition Date: 12/01/1989 Payout Details: THE TERMS OF THE SETTLEMENT ARE SUBJECT TO A CONFIDENTIALITY AGREEMENT. Summary: DISHONEST ACTS BY FORMER EMPLOYEE BILLY BOB HARRIS. ************ END OF REPORT ************