Thomas Francis Murphy

Founded in 2008, RCap Securities, Inc. is a self-clearing broker/dealer located in New York City. The firm is a wholly-owned subsidiary of Annaly Capital Management, Inc. (NYSE: NLY), a publicly-traded REIT and manager of Agency mortgage-backed securities that was founded in 1997 and is also located in New York City. RCap Securities operates a matched book repo business, financing primarily U.S. Agency mortgage-backed securities and U.S. Treasury securities. RCap Securities also engages in the following: (1) fixed-income sales and trading (2) private placements (3) securities lending of U.S. equity (4) corporate and foreign securities (5) proprietary trading of fixed-income securities and (6) the selling of securities and non-securities related mortgage information. The firm is a member of FINRA and the SIPC.

Jefferies LLC is a global investment bank and institutional securities firm headquartered in New York City. The firm was founded in 1962 and is a subsidiary of Jefferies Group LLC, ultimately held by Jefferies Financial Group, Inc. (NYSE: JEF). Jefferies provides corporate clients with research and execution services in equity, fixed income, and foreign exchange markets, as well as a full range of investment banking services such as underwriting, mergers and acquisitions, restructuring and recapitalization, and other advisory services, with all businesses operating in the Americas, Europe and Asia.