Important Legal Disclosures
Copyright 2009 Wells Fargo & Company. All Rights Reserved. Effective as of 11:59 PM EST on December 31, 2008, "Wells Fargo & Company" replaces "Wachovia Corporation" where it appears on Wachovia Web sites in legal notices and disclosures, unless the context otherwise requires. True to our mission of being fully invested in our clients, we encourage you to read the following policies and learn how they affect you as a client.Our Practices and Procedures for Auction Rate Securities
Understanding the typical terms and descriptions of the auction practices we use is crucial when you invest in auction rate securities ("ARS") through Wachovia Securities, but because each security is different, investors should review the disclosures of the auction agent and other broker-dealers participating in the auction for a specific ARS in which they wish to invest. Printed copies of offering documents, Wachovia Securities ARS disclosures and those of other auction participants, and other general educational information concerning ARS can be obtained from a Wachovia Securities Financial Advisor. The market for ARS has recently experienced turmoil. If you own ARS, they continue to be priced at par with limited exceptions, which, in the absence of publicly available pricing information, are estimated by the firm using available information and its judgment. Based on market conditions, these securities may be valued more or less than par. These prices are not necessarily a reflection of the amount that may be realized upon sale of the securities. In the event an investor sells an ARS between auction dates, there is no guarantee that they will receive the full principal or par amount of their investment upon sale outside of auction. You can tell whether you own ARS by the security description on your account statement that will reflect references to "Auction" or "Var" and "nxt auc" followed by a date (i.e., next auction date). For further information about ARS, read our special report Auction Rate Securities: Overview, Features and Risks
. For information on Wachovia Securities auction practices see our "Auction Practices and Procedures for Auction-Rate Securities" disclosure.
Important Disclosures About Certificates of Deposit (CDs)
Before purchasing a certificate of deposit (CD), you should carefully consider its terms, your relationship with the firm and the issuer of the CD, tax consequences, features, rates, and a variety of other investment considerations. Read more
Business Continuity Preparation
We have developed a Business Continuity Plan to help ensure the continuity of our operations in the event of a crisis or incident that would hinder or deny us access to our facilities. Read moreUSA Patriot Act
When you open a new account with Wachovia Securities, we are required by law to collect, verify and record specific information about your identity. Read moreA.G. Edwards Disclosure of Order Routing Information
Quarterly reports disclosing order routing information can be viewed via the Thomson Transaction Analytics (TTA) Web site at http://www.tta.thomson.com/reports/1-6/aged/.Should you want a written copy of these reports or wish to know the identity of the market center that your orders were routed to please call toll-free (877) 835-7877.