Paul E. Davison

JP Morgan Chase Bank Account — None

Allergan Inc (AGN) — Int/Div

Artio Global High Yield Bond (JHY1X) — Int/Div

Black Rock A Intl Index (MDILIX) — Int/Div — Buy

Columbia A Small Cap Index (NMSAX) — Int/Div — Buy

Consolidated Edison (ED) — Int/Div

DFA Emerging Markets Core Equity (DFCEX) — Int/Div

DFA Global Real Estate Sec (DFGEX) — Int/Div

DFA Short-Term Extended Quality (DFEQX) — Int/Div — Buy (add'l)

DFA Short-Term Extended Quality (DFEQX) — Sold

Disney (DIS) — Int/Div — Sold (part)

DoubleLine Total Return Bond (DBLTX) — Int/Div — Buy

DWS A Fixed Income (SFXAX) — Int/Div — Sold

DWS A Money Market (KMMXX) — Int./y — Buy (add'l)

DWS A Money Market (KMMXX) — Buy (add'l)

DWS A Money Market (KMMXX) — Sold

DWS A S&P SOO Index (SXPAX) — Int/Div — Buy (add'l)

DWS A S&P SOO Index (SXPAX) — Buy (add'l)

DWS A S&P SOO Index (SXPAX) — Sold

DWS A Short Duration Plus (PPIAX) — Int/Div — Sold

Fidelity Adv A Freedom 2020 (FDAFX) — Int/Div — Buy

Fidelity Adv A Freedom 2020 (FDAFX) — Sold (part)

Fidelity Adv A Freedom Income (FAFAX) — Int/Div — Buy

Fidelity Cash Reserve (Qual) (FDRXX) — Int/Div

Fidelity Equity Income (FEQIX) — Int/Div

Fidelity Focused High Income (FHIFX) — Int/Div — Sold (part)

Fidelity Focused High Income (FHIFX) — Sold

Fidelity New York Municipal Money Market (FNYXX) — Int/Div

Frunklin R Age High Income (FHIRX) — Int/Div — Sold (part)

Frunklin R Age High Income (FHIRX) — Sold

Glaxosmithkline PLC ADR (GSK) — Int/Div

Minois Tool Works Inc (1TW) — Int/Div — Sold

iShares iBoxx $ Investment Grade Corporate Bond (LOD) — Int/Div — Buy

iShares iBoxx $ Investment Grade Corporate Bond (LOD) — Sold

iShares iBoxx High Yield Corp Bd (HYG) — Int/Div — Buy (add'l)

iShares iBoxx High Yield Corp Bd (HYG) — Sold (part)

iShares iBoxx High Yield Corp Bd (HYG) — Sold (part)

iShares MSC1 EAFE Index (EFA) — Int/Div — Buy

iShares MSC1 EAFE Small Cap Index (SCZ) — None — Sold (part)

iShares MSC1 EAFE Small Cap Index (SCZ) — Sold

iShares MSCI Emerging Markets Index (EEM) — Int/Div — Buy

iShares S&P Global Timber & Forestry Index (WOOD) — Int

Johnson & Johnson (JNJ) — Int/Div

Payden High Income (PYHRX) — Int/Div — Buy (add'l)

Payden R Emerging Mkts Bond (PYEMX) — Int/Div

Powershares Build America Bond (BAB) — Int/Div — Buy

SPDR Barclays High Yield Bond (JNK) — Int/Div

SPDR S&P Emerging Markets Small Cap (EWX) — Int/Div

SPDR Series Trust (BABS) — Int/Div — Buy

SPDR Utilities Select Sector (XLLU) — None — Sold

T Rowe Price Short Term Bond - Ady (PASHX) — Int/Div — Buy

T Rowe Price Short Term Bond - Ady (PASHX) — Buy (add'l)

T Rowe Price Short Term Bond - Ady (PASHX) — Sold

TCW I Total Return Bond (TGLMX) — Int/Div — Buy

Vanguard High Yield Corporate- Admiral (VWEAX) — Int/Div — Buy

Vanguard High Yield Corporate- Admiral (VWEAX) — Buy (add'l)

Vanguard Interm-Term Investment-Grade Ad (VFIDX) — hy — Sold

Zimmer Holdings Inc (ZMH) — Int/Div

New York 529 Inflation Protected Securities Portfolio — None — Sold (part)

New York 529 Inflation Protected Securities Portfolio — Buy (add'l)

New York 529 Inflation Protected Securities Portfolio — Buy (add'l)

New York 529 Inflation Protected Securities Portfolio — Sold (part)

TRLST #1

Call EEM 6-16-12 @@ 40 (short sale) — None — Closed

Call EEM 6-22-13 (@ 45 (short sale) — None — Sold

Call EEM 6-22-13 (@ 45 (short sale) — Closed

Call EFA 1-19-13 56 (short sale) — None — Sold

Call EFA 1-19-13 56 (short sale) — Closed

Call EFA 6-16-12 (@ 56 (short sale) — None — Expired

Fidelity Focused High Income (FHIFX) — Int/Div — Sold

Fidelity New York Municipal Income (FTFMX) — Int/Div

Fidelity New York Municipal Money Market (FNYXX) — Int/Div

Fidelity Spartan 500 Index (FUSEX) — Int/Div

Fidelity Spartan Extended Mkt Index (FSEMX) — Int/Div

Fidelity Spartan Tax-Free Bond (FTABX) — Int/Div

Fidelity Spartan Total Market Index - Ady {FSTVX) — Int/Div

iShares iBoxx High Yield Corp Bd (HYG) — Int/Div

iShares MSC EAFE Index (EFA) — Int/Div

iShares MSCI Emerging Markets Index (EEM)Y — Int/Div — Buy (add'l)

iShares MSCI Emerging Markets Index (EEM)Y — Sold (part)

iShares Russell 1000 Index (1WB) — Int/Div — Buy

iShares Russell 1000 Index (1WB) — Buy (add'l)

iShares Russell 1000 Index (1WB) — Buy (add'l)

iShares S&P Global Timber & Forestry Index (WOOD) — Int/Div

JP Morgan Tax Aware Real Return - Inst! (TXRIX) — Int/Div

MLP & Strategic Equity (MTP) — Int/Div — Sold

Nuveen Energy MLP Total Return (JMF) — Int/Div — Buy

Nuveen NY Municipal Dividend Advantage (NAN) — Int/Div

Payden High Income (PYHRX) — Int/Div

Plum Creek Timber Co (PCL) — Int/Div

Port Auth NY & NJ Cons Bds 4.25% 1001/2026 — Interest

Potlatch Corp (PCH) — Int/Div

S&P Dep Receipts (SPY) — Int/Div

SPDR Barclays Cptl Shrt Trm Crprt Bad ETF (SCPB) — Int/Div

SPDR Barclays High Yield Bond (JNK) — Int/Div — Sold

SPDR Dow Jones Industrial Average (DIA) — Int/Div

Vanguard FTSE (VSS) — Int/Div

Vanguard Hi Yield Tax-Exempt Adm (VWALX) — Int/Div — Buy

Vanguard Short Term Corp Bond (VCSH) — Int/Div

WisdomTree Emerging Mkts Small Cap Div (DGS) — Int/Div

Adpnct Professor, New York Law School

Income — 2012 — New York Law School - Salary — $2,250.00