Wallace Capel jr

Met Life Common Stock — Int/Div

EquVest Vanable Annuity - AXA Equitable Life Insurance Company — Interest

Composed of: Guaranteed Fixed Interest Account

EquiVest Variable Annuity - AXA Equitable Life Insurance Company — Int/Div

eeessComposed of

Guaranteed Fixed Interest Account (21%) — Interest

EQ/Com Stock Index (47.37%) — Int/Div

Multimanager Aggressive Equity (31.63%) — Int/Div

Morgan Stanley Rollover IRA — Int/Div

Composed of’

Amencan Growth and Income A — Int

Clearbridge Aggressive Growth ( — Int/Div

Adpmunct Instructor, Thomas Goode Jones School of Law, Faulkner University

Liability — Discover — Credit Card

Liability — Chase — Line of Credit

Liability — Synchrony Bank — Credit Card

Judge Capel's non-imvestment income from his position as Adjunct Instructor is not reported m Section 11 because no corresponding income was received during

the reporting period of calendar year 2014, Section 102(a) 1)(A). Income will be received upon conclusion of the Spring Semester in May, 2015, in the amount

of $10,000.

Upon review of records obtained in response to the Committee's August 11, 2015, Letter of Inquiry, it appears that, due to inadvertence, previous Financial

Disclosure Reports maccurately reported the various mutual funds and holdings comprising the Individual Retirement Account belonging to Judge Capel's [JN -

as well as the value of that account. Previous Financial Disclsoure Reports (2013 and all years prior) listed “Salomon-Smith-Barney-IRA 5" and indicated that the

account was "Composed of” several different mutual funds and holdings, including the following: "AIM Equity FDS, Inc., Weingarten FD," "SB Money Funds

Gov't Portal CLA;" "Hancock John SPL Equities FD SBI CL By" "Investment CO of America," "MFS Emerging Growth Fund CL B;" "Smalleap World Fund,

Inc.;" and "Templeton Funds Foreign Fun.” Previous Reports futher assigned value code "J" to the account, indicating that the account was valued at $15,000 or

less.

As reflected on Judge Capel’s 2014 Financial Disclosures Report, and on this Amended Report, Judge Capel's Jl IRA is now managed by Morgan Stanley.

The mutual funds comprising Judge Capel's Jl 'RA, which are reflected on the 2014 Report and in this Amendment, were acquired by Judge Capel's [JIN

in 2001 and 2013, respectively. This statement will provide pertinent information about previous transactions involving the composite funds and holdings which

were inadvertently omitted from prior Financial Disclosure Reports, and will allow the reader to trace the lineage of Judge Capel's Jl] IRA from prior years

through the 2014 reporting period.

Judge Cape! SUN 'RA was composed of the various funds and interests reported on prior Reports, and described above, until early June of 2001, At that

sold]

time, Judge Cupel's)

interests in the various funds and holdings described above as follows: shares of "AIM Weingarten Fund Class A" (value code

J) were sold on June 8, 2001 (gam code B): shares of "John Hancock Small Cap Growth FD B" (value code J) were sold on June 8, 2001 (gain code A); shares

of "MFS Emerging Growth Fund Class B* (value code J) were sold on June 8, 2001 (gain code A); shares of "Templeton Foreign Fund Class A* (value code J)

were sold on June 8, 2001 (gain code A); and redemption of the entirety of "SB Money Funds Gov't Port CL A" (value code J) occurred on June 11, 2001, Judge

Capel's JEN rctined Ji] interests in the “Investment Company of America” and “Smalleap World Fund, Inc." funds described on previous reports and, as will

be seen herein, invested more monies in those funds along wiih [Jf] purchase of interests in other funds. The proceeds from the various June, 2001, sules described

above were invested in shares of other mutual fund products as follows: *EuroPacific Growth Fund Class A" (value code J) purchased on June 8, 2001; "Growth

Fund of America Class A" (value code J) purchased on June 8, 2001; "Smallcap World Fund Class A” (value code J) purchased on June 8, 2001; "Smith Barney

Aggressive Growth Fund CL L* (value code J) purchased on June 8, 2001; additional shares of "EuroPacific Growth Fund Class A" (value code J) purchased

on June 19, 2001; additional shares of "Growth Fund of America Class A” (value code J) purchased on June 11, 2001; additional shares of "Smallcap World

Fund Class A" (value code J) purchased on June 11, 2001; and additional shares of "Smith Bumey Aggressive Growth Fund CL L™ (value code J) purchased on

June 11,2001. As such, beginning in 2001, Judge Cape!" 'RA was, and should have been reported as, composed of the following funds: "EuroPacific

Growth Fund Class A"; "Growth Fund of America Class A"; "Investment Company of America FD Class A"; "Smith Bamey Aggressive Growth Fund CL L"; and

"Smallcap World Fund, Inc." In April of 2006, "Smith Barney Aggressive Growth Fund CL L" became "Legg Mason Partners Aggressive Growth FD CL C."

Then, prior to 2013, the fund became "Clearbridge Aggressive Growth C,” as is reported on Judge Capel's 2014 Report and this Amended Report,

Judge Capel's JI 'RA continued with this composition of mutual funds until May of 2013. From time to time additional shares of these composite funds

were purchased through dividend reinvestments. On May 7, 2013, Judge Capel's [Jill sold Jill shares of "Smallcap World Fund Class A" (value code K, gain

code D), "Investment Co. of Amer FD Class A" (value code J, gain code C), "Growth Fund of America Class A" (value code J, gain code C), and "EuroPacific

Growth Fund Class A” (value code J, gain code B). The proceeds from these sales were used to purchase, also on May 7, 2013, sahres in "American Growth and

Income A” (value code L). As such, from May 7, 2013, to the end of the 2014 reporting period, Judge Capel's [lll IRA has been composed of “American

Growth and Income A" (value code L) and [Ji] remaining shares in "Clearbridge Aggressive Growth C* (value code J) us reflected on Judge Capel’s 2014 Report

and this Amended Report.

The vilue codes which should have been reported for the account in prior yeurs are as follows: 1999-2005 - K; 2006-2007 - 1; 2008-2009 - K; and 2010-2013 - L.