BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES
Receivables from customers	$ 12,191	$ 19,991
Receivables from brokers, dealers, and clearing organization	10,299	7,786
Total brokerage receivable	22,490	27,777
Payables to customers	38,279	40,111
Payables to brokers, dealers, and clearing organization	18,734	16,585
Total brokerage payable	$ 57,013	$ 56,696

Aggregate amounts payable to broker-dealers and clearing organizations include amounts payable for securities failed to receive, certain deposits received for securities loaned, amounts payable to clearing organizations on open transactions, and floor-brokerage payables. In addition, the net receivable or payable arising from unsettled trades would be reflected in those captions. A broker-dealer that purchases securities, either for its own account or for a customer's account, but does not receive the securities on the settlement date records the amount of money representing the purchase price of the securities, including any accrued interest, as a liability to the selling broker-dealer. This liability is paid when the securities are received by the purchasing broker-dealer.

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Amounts payable to customers at the balance sheet date. The term customers generally excludes other broker-dealers; persons who are principal officers, directors, and stockholders; and persons whose securities or funds are part of the regulatory net capital of the broker-dealer. Another broker-dealer's account can be classified as a customer if the account is carried as an omnibus account in compliance with certain regulations. The accounts of principal officers, directors and stockholders may be combined in the customer captions if they are not material and the combination is disclosed in the oath that is required to accompany the annual audited FOCUS Report.

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