MA-A 0000783480 XXXXXXXX Christopher Hite 561-544-4435 Chris.Hite@avmltd.com Chris.Hite@avmltd.com 12-31-2019 AVM, L.P. 16710 36-3256076 866-01189-00 008-35136 16710 CFTC Introducing Broker/CTA 0089920 777 YAMATO ROAD SUITE 300 BOCA RATON FL 33431 561-544-4400 561-544-4433 N www.avmlp.com Add www.avmsolutions.com Scott Lawrence Wyler

777 Yamato Road Suite 300 Boca Raton FL 33431

561-544-4400 561-544-4433 Scott.Wyler@avmltd.com Christopher Andrew Hite

777 Yamato Road Suite 300 Boca Raton FL 33431

561-544-4435 561-544-4433 Chris.Hite@avmltd.com Add Global Relay Communications, Inc. 286 Madison Avenue 7th Floor New York NY 10017 866-484-6630 212-504-3163 Electronic communications including e-mail, instant messages and Bloomberg messages. Add Terremark NAP of the Americas 50 NE 9th Street Miami FL 33312 866-507-5004 Electronic data(i.e., file servers, database servers, pricing servers and other data) is backed-up in real time to this data center. III Capital Management Y U.S. Securities and Exchange Commission 801-60505 AVM Financial Limited Y Financial Conduct Authority 524836 X0 December IL 09-30-1983 N 99 1 5 5 0 0 1 Municipal Entities 0 0 0 Other State Treasurer office Fixed Fees Not Applicable Other We act as non-discretionary broker/agent and assist municipal clients with investing cash in reverse repo transactions. We do not know if the invested cash comes from escrow funds, municipal securities proceeds, etc. Y Y Y N 0 N N N N N N N N N N N Y N N N N N N N N N N N N N N N N N N N N N N N N N N Y HSZ HOLDINGS, LLC N 83-0414685 Limited Partner 01-20-2005 B Y PANTHERS INVESTMENT LIMITED PARTNERSHIP N 88-0374246 Limited Partner 12-20-2003 B Y VALANCE CO., INC. N 88-0292589 Limited Partner 01-20-2004 B N AVM ASSOCIATES LLC N 65-0466701 General Partner 06-19-1994 NA N DEEP KUMAR REVOCABLE TRUST N 08-7864943 Limited Partner 07-20-2013 NA Y GARTH FRIESEN REVOCABLE TRUST N 12-1820313 Limited Partner 10-20-2004 B Y LESTER N. COYLE REVOCABLE TRUST N 36-9111883 Limited Partner 01-20-2011 B Y Yelena NMN Anuar Chief Financial Officer 07-20-2014 NA Y 6253705 Francis Dominic Feeney Limited Partner 01-20-2009 NA Y 1704438 WILLIAM PATRICK MCCAULEY Chief Executive Officer 07-19-1999 A Y 818540 THOMAS ROLF OLOFSSON Limited Partner 01-20-2013 NA Y 3244639 MICHAEL LLOYD REGER Limited Partner 07-19-1993 A N 1591432 SCOTT LAWRENCE WYLER Chief Compliance Officer & Chief Legal Officer 01-19-1999 NA Y 2869488 AVM ASSOCIATES LLC DEEP KUMAR REVOCABLE TRUST N 08-7864943 MEMBER/MANAGER 07-20-2013 F Y AVM ASSOCIATES LLC FRANCIS DOMINIC FEENEY REVOCABLE TRUST N 12-9808106 MEMBER/MANAGER 01-20-2009 F Y AVM ASSOCIATES LLC GARTH FRIESEN REVOCABLE TRUST N 12-1820313 MEMBER/MANAGER 10-01-2004 F Y AVM ASSOCIATES LLC LESTER N. COYLE REVOCABLE TRUST N 36-9111883 MEMBER/MANAGER 01-01-2011 F Y VALANCE CO., INC. Warren B. Mosler Revocable Trust N 04-0462030 Limited Partner 01-01-2004 E N AVM ASSOCIATES LLC Robert A. Printz Revocable Trust N 11-2620668 MEMBER/MANAGER 01-01-2005 F N AVM ASSOCIATES LLC. VALANCE CO., INC. N 88-0292589 MEMBER/MANAGER 01-01-2004 F N AVM ASSOCIATES LLC WILLIAM PATRICK MCCAULEY REVOCABLE TRUST N 07-3384389 MEMBER/MANAGER 10-01-2004 F Y LESTER N. COYLE REVOCABLE TRUST LESTER NOEL COYLE Trustee 01-20-2011 E Y 4727659 FRANCIS DOMINC FEENEY REVOCABLE TRUST FRANCIS DOMINIC FEENEY Trustee 01-20-2009 E Y 1704438 GARTH FRIESEN REVOCABLE TRUST GARTH NMN FRIESEN Trustee 10-20-2004 E Y 2534898 DEEP KUMAR REVOCABLE TRUST Deep NMN Kumar Trustee 07-01-2013 E Y 4417687 WILLIAM P. MCCAULEY REVOCABLE TRUST William Patrick McCauley Trustee 10-01-2004 E Y 818540 Warren B. Mosler Revocable Trust Warren Bruce Mosler Trustee 04-01-1997 E N 824921 AVM ASSOCIATES LLC Thomas Rolf Olofsson MEMBER/MANAGER 01-01-2013 F N 3244639 HSZ HOLDINGS, LLC Robert Andrew Printz Manager 12-01-2004 E Y 2348404 ROBERT A. PRINTZ REVOCABLE TRUST Robert Andrew Printz Trustee 01-01-2005 E Y 2348404 AVM ASSOCIATES LLC Michael Lloyd Reger Member 10-01-1999 F N 1591432 PANTHERS INVESTMENTS LP Clifford George Viner Limited Partner 12-01-2003 E Y 715977 AVM ASSOCIATES LLC Clifford George Viner MEMBER/MANAGER 10-01-1999 F Y 715977 AVM ASSOCIATES LLC Scott Lawrence Wyler MEMBER/MANAGER 01-01-2013 F Y 2869488 HSZ HOLDINGS, LLC N 83-0414685 Limited Partner 01-20-2005 B Y PANTHERS INVESTMENT LIMITED PARTNERSHIP N 88-0374246 Limited Partner 12-20-2003 B Y VALANCE CO., INC. N 88-0292589 Limited Partner 01-20-2004 B N AVM ASSOCIATES LLC N 65-0466701 General Partner 06-19-1994 NA N DEEP KUMAR REVOCABLE TRUST N 08-7864943 Limited Partner 07-20-2013 NA Y GARTH FRIESEN REVOCABLE TRUST N 12-1820313 Limited Partner 10-20-2004 B Y LESTER N. COYLE REVOCABLE TRUST N 36-9111883 Limited Partner 01-20-2011 B Y Yelena NMN Anuar Chief Financial Officer 07-20-2014 NA Y 6253705 Francis Dominic Feeney Limited Partner 01-20-2009 NA Y 1704438 WILLIAM PATRICK MCCAULEY Chief Executive Officer 07-19-1999 A Y 818540 THOMAS ROLF OLOFSSON Limited Partner 01-20-2013 NA Y 3244639 MICHAEL LLOYD REGER Limited Partner 07-19-1993 A N 1591432 SCOTT LAWRENCE WYLER Chief Compliance Officer & Chief Legal Officer 01-19-1999 NA Y 2869488 AVM ASSOCIATES LLC DEEP KUMAR REVOCABLE TRUST N 08-7864943 MEMBER/MANAGER 07-20-2013 F Y AVM ASSOCIATES LLC FRANCIS DOMINIC FEENEY REVOCABLE TRUST N 12-9808106 MEMBER/MANAGER 01-20-2009 F Y AVM ASSOCIATES LLC GARTH FRIESEN REVOCABLE TRUST N 12-1820313 MEMBER/MANAGER 10-01-2004 F Y AVM ASSOCIATES LLC LESTER N. COYLE REVOCABLE TRUST N 36-9111883 MEMBER/MANAGER 01-01-2011 F Y VALANCE CO., INC. Warren B. Mosler Revocable Trust N 04-0462030 Limited Partner 01-01-2004 E N AVM ASSOCIATES LLC Robert A. Printz Revocable Trust N 11-2620668 MEMBER/MANAGER 01-01-2005 F N AVM ASSOCIATES LLC. VALANCE CO., INC. N 88-0292589 MEMBER/MANAGER 01-01-2004 F N AVM ASSOCIATES LLC WILLIAM PATRICK MCCAULEY REVOCABLE TRUST N 07-3384389 MEMBER/MANAGER 10-01-2004 F Y LESTER N. COYLE REVOCABLE TRUST LESTER NOEL COYLE Trustee 01-20-2011 E Y 4727659 FRANCIS DOMINC FEENEY REVOCABLE TRUST FRANCIS DOMINIC FEENEY Trustee 01-20-2009 E Y 1704438 GARTH FRIESEN REVOCABLE TRUST GARTH NMN FRIESEN Trustee 10-20-2004 E Y 2534898 DEEP KUMAR REVOCABLE TRUST Deep NMN Kumar Trustee 07-01-2013 E Y 4417687 WILLIAM P. MCCAULEY REVOCABLE TRUST William Patrick McCauley Trustee 10-01-2004 E Y 818540 Warren B. Mosler Revocable Trust Warren Bruce Mosler Trustee 04-01-1997 E N 824921 AVM ASSOCIATES LLC Thomas Rolf Olofsson MEMBER/MANAGER 01-01-2013 F N 3244639 HSZ HOLDINGS, LLC Robert Andrew Printz Manager 12-01-2004 E Y 2348404 ROBERT A. PRINTZ REVOCABLE TRUST Robert Andrew Printz Trustee 01-01-2005 E Y 2348404 AVM ASSOCIATES LLC Michael Lloyd Reger Member 10-01-1999 F N 1591432 PANTHERS INVESTMENTS LP Clifford George Viner Limited Partner 12-01-2003 E Y 715977 AVM ASSOCIATES LLC Clifford George Viner MEMBER/MANAGER 10-01-1999 F Y 715977 AVM ASSOCIATES LLC Scott Lawrence Wyler MEMBER/MANAGER 01-01-2013 F Y 2869488 Scott Wyler Scott Wyler President 07-29-2020 N N N N N Y N N N Y Y N Y N N N N N Y N N