Wall Street Letter Volume XLV Issue 21 | Page 12

By your side in a complex world Sell-side, buy-side or issuer, dealing with complexity is our speciality. Securities Services can help you find your way. securities.bnpparibas.com Securities products are offered through BNP Paribas Securities Corp., a subsidiary of BNP Paribas and a broker-dealer registered with the Securities and Exchange Commission and a member of SIPC, the Financial Industry Regulatory Authority, New York Stock Exchange and other principal exchanges. Securities products are: not insured by the FDIC; not deposits or other obligations of the financial institution and are not guaranteed by the financial institution; and subject to investment risks, including possible loss of the principal invested. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument.