EFTA Document EFTA01374038

AGP LP 519 Alpha Group Capital Paul Barrett IMPORTANT REGULATORY DISCLOSURE Effective as of June 18, 2015 On June 18 , 2015, Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Merrill") and certain of its affiliated entities received an order from the Securities and Exchange Commission ("SEC") under Rule 506(d) of the Securities Act of 1933 ("Securities Act") granting a waiver of the "bad actor" disqualification provision in Rule 506(d)(1)(iv). During the disqualification period necessitating