Securities that Qualify as Collateral must be Publicly & Actively Traded.

Acceptable Securities Include -

• Stocks
• Mutual Funds
• Bonds
• U.S. Treasury Notes
• Most Foreign Securities.

Instruments NOT Usable as Collateral include -

• CD’s*
• Money Market Accounts*
• Annuities
• SBLC’s
• Bank Guarantees or Warranties
• Commodities
• CMO’s
• Gold or Silver Mines
• Precious Stones
• Bearer Bonds*
• Private Notes or Private Bonds
• Maturing Bonds (coming due within 3 years)
• 401(k)’s, IRA’s or any Restricted Retirement Funds

* CD’s, Money Market Accounts & Bearer Bonds may be converted to cash; then acceptable securities may be purchased and used as collateral.