Relevant Financial Data
Although Neuberger Berman BD LLC’s (“NBBD LLC” or the “Firm”) does not conduct any proprietary commodities trading and does not carry any customer commodity accounts, as a registered futures commission merchant (“FCM”), the Firm makes the financial data that is required to be disclosed by commodities laws and regulations publicly available.
This information includes annual audited financial statements that are made available on the Firm’s website by selecting the “Statement of Financial Condition” link at the bottom of http://www.nb.com/pages/public/global/our-firm.aspx . The Firm also provides additional financial information to the Commodities Futures Trading Commission (“CFTC”) that is available on the CFTC’s website at: http://www.cftc.gov/MarketReports/FinancialDataforFCMs/index.htm .
The National Futures Association (“NFA”) publishes certain financial reports with respect to the Firm in its Background Affiliation Status Information Center (“BASIC”). These reports can be found by conducting a search for the Firm in NFA’s BASIC system ( http://www.nfa.futures.org/basicnet/ ) and then clicking on “View Financial Information” on the BASIC Details page. The reports include an FCM capital report that contains information on adjusted net capital, required net capital and excess net capital that is updated on a monthly basis. The NFA also publishes a Customer Segregated Funds report, a Customer Secured Amount Funds Report and a Cleared Swaps Customer Collateral Report for the Firm. However, because the Firm does not carry any customer commodity accounts, these three reports do not contain any data.
As NBBD LLC is also a broker-dealer, additional financial information including net capital information is available by searching for the Firm on the Security Exchange Commission’s website at http://www.sec.gov/edgar/searchedgar/companysearch.html .