The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALPS ETF TR SPROTT GL MINE 00162Q643 2,261 134,768 SH   DFND 2 134,768 0 0
ALPS ETF TR SECTR DIV DOGS 00162Q858 659 17,761 SH   DFND 2 17,761 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 7,634 460,683 SH   DFND 2 460,683 0 0
ADVISORSHARES TR RANGER EQUITY BE 00768Y883 1,148 103,575 SH   DFND 2 103,575 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 237 2,419 SH   DFND 2 2,419 0 0
AMAZON COM INC PUT 023135106 781 2,100 SH Put DFND 2 2,100 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 5,035 246,113 SH   DFND 2 246,113 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 208 9,734 SH   DFND 2 9,734 0 0
AMERICAN TOWER CORP NEW COM 03027X100 309 3,285 SH   DFND 2 3,285 0 0
ANNALY CAP MGMT INC COM 035710409 300 28,854 SH   DFND 2 28,854 0 0
ARMOUR RESIDENTIAL REIT INC COM 042315101 48 15,099 SH   DFND 2 15,099 0 0
AVALONBAY CMNTYS INC COM 053484101 665 3,818 SH   DFND 2 3,818 0 0
AVIV REIT INC MD COM 05381L101 1,127 30,890 SH   DFND 2 30,890 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 657 23,689 SH   DFND 2 23,689 0 0
BARCLAYS BK PLC IPSP CROIL ETN 06738C786 307 30,578 SH   DFND 2 30,578 0 0
BARCLAYS BK PLC ETN DJUBS IND MT 06738G407 474 18,575 SH   DFND 2 18,575 0 0
BARCLAYS BK PLC ETN DJUBS COPR37 06739F101 339 10,337 SH   DFND 2 10,337 0 0
BARCLAYS BANK PLC ETN DJUBSSOFT 38 06739H230 942 28,728 SH   DFND 2 28,728 0 0
BARCLAYS BANK PLC ETN DJUBSCOTTN38 06739H271 990 23,083 SH   DFND 2 23,083 0 0
BARCLAYS BANK PLC ETN DJUBSCOCO 38 06739H313 1,262 36,133 SH   DFND 2 36,133 0 0
BARCLAYS BK PLC S%26P 500 VEQTOR 06740C337 912 6,138 SH   DFND 2 6,138 0 0
BARCLAYS BK PLC 30 YR TREAS BEAR 06740L444 207 10,690 SH   DFND 2 10,690 0 0
BARCLAYS BK PLC 2 YR TREAS BULL 06740L469 214 3,367 SH   DFND 2 3,367 0 0
BARCLAYS BK PLC US TRES STEEP 06740L477 958 27,929 SH   DFND 2 27,929 0 0
BARCLAYS BK PLC US TRES FLATT 06740L485 638 10,393 SH   DFND 2 10,393 0 0
BARCLAYS BK PLC 10 YR TREAS BULL 06740L493 393 5,087 SH   DFND 2 5,087 0 0
BARCLAYS BK PLC 30 YR TREAS BULL 06740L527 529 6,874 SH   DFND 2 6,874 0 0
BARCLAYS BK PLC IPATH INVS%26P STF 06740L592 2,997 78,290 SH   DFND 2 78,290 0 0
BARCLAYS BK PLC TRES 5YR BEAR 06740P643 1,192 38,025 SH   DFND 2 38,025 0 0
BARCLAYS BK PLC IPATH DYNM VIX 06741L609 398 13,818 SH   DFND 2 13,818 0 0
BARCLAYS BK PLC BARC ETN+SHILL 06742A669 442 5,589 SH   DFND 2 5,589 0 0
BARCLAYS BK PLC ETN+ SEL MLP 06742C723 1,339 45,895 SH   DFND 2 45,895 0 0
BARCLAYS BK PLC LKD PERF BCLY 06742W430 585 11,053 SH   DFND 2 11,053 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 653 3 SH   DFND 2 3 0 0
BOSTON PROPERTIES INC COM 101121101 633 4,503 SH   DFND 2 4,503 0 0
B2GOLD CORP COM 11777Q209 16 10,736 SH   DFND 2 10,736 0 0
CAMDEN PPTY TR SH BEN INT 133131102 212 2,717 SH   DFND 2 2,717 0 0
CHIMERA INVT CORP COM 16934Q109 114 36,429 SH   DFND 2 36,429 0 0
CREDIT SUISSE AG NASSAU BRH VELOCITY SHS EXC 22539T597 290 14,030 SH   DFND 2 14,030 0 0
CREDIT SUISSE NASSAU BRH VS 3XLNGNATGAS 22542D530 2,815 360,914 SH   DFND 2 360,914 0 0
CREDIT SUISSE NASSAU BRH VS 3XINV CRUDE 22542D548 2,224 16,684 SH   DFND 2 16,684 0 0
CREDIT SUISSE NASSAU BRH ETN LKD 32 22542D571 245 108,818 SH   DFND 2 108,818 0 0
CREDIT SUISSE NASSAU BRH INVRS VIX STERM 22542D795 3,378 97,503 SH   DFND 2 97,503 0 0
CREDIT SUISSE NASSAU BRH INVRS VIX MDTERM 22542D829 1,540 36,591 SH   DFND 2 36,591 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 216 2,616 SH   DFND 2 2,616 0 0
CURRENCYSHS BRIT POUND STER BRIT POUND STE 23129S106 3,338 22,924 SH   DFND 2 22,924 0 0
CURRENCYSHARES AUSTRALIAN DL AUSTRALIAN DOL 23129U101 3,643 47,764 SH   DFND 2 47,764 0 0
CURRENCYSHARES SWISS FRANC T SWISS FRANC SH 23129V109 522 5,205 SH   DFND 2 5,205 0 0
CURRENCYSHARES CDN DLR TR CDN DOLLAR SHS 23129X105 5,093 64,878 SH   DFND 2 64,878 0 0
CURRENCYSHS JAPANESE YEN TR JAPANESE YEN 23130A102 4,179 51,574 SH   DFND 2 51,574 0 0
CURRENCYSHARES EURO TR EURO SHS 23130C108 50,807 480,623 SH   DFND 2 480,623 0 0
DENBURY RES INC COM NEW 247916208 78 10,743 SH   DFND 2 10,743 0 0
DEUTSCHE BK AG LDN BRH GOLD DOUBLE SHOR 25154H756 292 39,754 SH   DFND 2 39,754 0 0
DIGITAL RLTY TR INC COM 253868103 276 4,184 SH   DFND 2 4,184 0 0
DIREXION SHS ETF TR NAT GS BULL 3X 25459W227 363 115,488 SH   DFND 2 115,488 0 0
DIREXION SHS ETF TR GLD MNRS BEAR 3X 25459W235 3,189 166,119 SH   DFND 2 166,119 0 0
DIREXION SHS ETF TR 20YR TRES BULL 25459W540 445 4,689 SH   DFND 2 4,689 0 0
DIREXION SHS ETF TR DL FTSE BLL 3X 25459W771 1,820 43,452 SH   DFND 2 43,452 0 0
DIREXION SHS ETF TR DLY SMCAP BULL3X 25459W847 2,085 23,223 SH   DFND 2 23,223 0 0
DIREXION SHS ETF TR DLY ENRGY BULL3X 25459W888 987 17,993 SH   DFND 2 17,993 0 0
DIREXION SHS ETF TR 7-10YR TR BEAR 25459Y108 227 7,594 SH   DFND 2 7,594 0 0
DIREXION SHS ETF TR DLYJR GL MNR3X N 25459Y157 3,217 189,701 SH   DFND 2 189,701 0 0
DIREXION SHS ETF TR DLY S%26P500 2XS 25459Y165 2,684 18,953 SH   DFND 2 18,953 0 0
DIREXION SHS ETF TR DLY MID CP BULL 25459Y173 1,624 11,482 SH   DFND 2 11,482 0 0
DIREXION SHS ETF TR SML CP BULL 2X 25459Y181 7,443 51,761 SH   DFND 2 51,761 0 0
DIREXION SHS ETF TR DAILY 7-10 YR TR 25459Y199 2,903 32,330 SH   DFND 2 32,330 0 0
DIREXION SHS ETF TR IBILLION INDEX 25459Y264 1,848 71,357 SH   DFND 2 71,357 0 0
DIREXION SHS ETF TR DLY R/E BEAR3X 25459Y363 400 18,699 SH   DFND 2 18,699 0 0
DIREXION SHS ETF TR DLY S%26P 500 BEAR 25459Y371 2,481 127,670 SH   DFND 2 127,670 0 0
DIREXION SHS ETF TR DLY MC BEAR3XNEW 25459Y421 233 22,899 SH   DFND 2 22,899 0 0
DIREXION SHS ETF TR DLYFINBEAR3X NEW 25459Y447 706 57,022 SH   DFND 2 57,022 0 0
DIREXION SHS ETF TR DLY ENERBR3X NEW 25459Y454 2,300 113,640 SH   DFND 2 113,640 0 0
DIREXION SHS ETF TR DLY SC BEAR3XNEW 25459Y488 3,397 335,973 SH   DFND 2 335,973 0 0
DIREXION SHS ETF TR DRX DLYSOKOR3X 25459Y520 346 9,619 SH   DFND 2 9,619 0 0
DIREXION SHS ETF TR DRX DLYBRZB 3X 25459Y546 108 21,356 SH   DFND 2 21,356 0 0
DIREXION SHS ETF TR DLY JR GMNR BEAR 25459Y561 1,283 104,277 SH   DFND 2 104,277 0 0
DIREXION SHS ETF TR DLY EMRGMKT BULL 25459Y686 3,588 151,462 SH   DFND 2 151,462 0 0
DIREXION SHS ETF TR DLY SP500 BULL 25490K109 1,020 39,053 SH   DFND 2 39,053 0 0
DIREXION SHS ETF TR DLY SMCP BULL 25490K208 508 18,510 SH   DFND 2 18,510 0 0
DIREXION SHS ETF TR FTSE DVMKT BUL 25490K307 675 24,128 SH   DFND 2 24,128 0 0
DIREXION SHS ETF TR FTSE EM BULL 25490K406 608 22,788 SH   DFND 2 22,788 0 0
ETFS PALLADIUM TR SH BEN INT 26923A106 943 13,224 SH   DFND 2 13,224 0 0
ETFS WHITE METALS BASKET TR PHY WM BSK SHS 26923B104 979 29,549 SH   DFND 2 29,549 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 799 10,265 SH   DFND 2 10,265 0 0
ESSEX PPTY TR INC COM 297178105 501 2,178 SH   DFND 2 2,178 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 344 2,339 SH   DFND 2 2,339 0 0
FIDELITY MSCI INFO TECH I 316092808 2,167 67,559 SH   DFND 2 67,559 0 0
FIRST TR MORNINGSTAR DIV LEA SHS 336917109 536 23,043 SH   DFND 2 23,043 0 0
FIRST TR EXCHANGE TRADED FD NY ARCA BIOTECH 33733E203 1,169 9,885 SH   DFND 2 9,885 0 0
FIRST TR LRGE CP CORE ALPHA COM SHS 33734K109 356 7,646 SH   DFND 2 7,646 0 0
FIRST TR EXCHANGE TRADED FD HLTH CARE ALPH 33734X143 775 11,570 SH   DFND 2 11,570 0 0
FIRST TR EXCHANGE TRADED FD INDLS PROD DUR 33734X150 3,853 123,657 SH   DFND 2 123,657 0 0
FIRST TR EXCHANGE TRADED FD TECH ALPHADEX 33734X176 640 17,902 SH   DFND 2 17,902 0 0
FIRST TR EXCHANGE TRADED FD UTILITIES ALPH 33734X184 2,021 85,456 SH   DFND 2 85,456 0 0
FIRST TR MID CAP CORE ALPHAD COM SHS 33735B108 1,103 20,209 SH   DFND 2 20,209 0 0
FIRST TR LRG CP VL ALPHADEX COM SHS 33735J101 1,530 34,955 SH   DFND 2 34,955 0 0
FIRST TR EXCHANGE TRADED FD NO AMER ENERGY 33738D101 1,527 56,864 SH   DFND 2 56,864 0 0
FIRST TR EXCHANGE TRADED FD NASD TECH DIV 33738R118 519 19,263 SH   DFND 2 19,263 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 4,965 53,098 SH   DFND 2 53,098 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 556 18,810 SH   DFND 2 18,810 0 0
GLOBAL X FDS GLB X MLP ENRG I 37950E226 642 34,219 SH   DFND 2 34,219 0 0
GLOBAL X FDS GLB X GURU INDEX 37950E341 744 28,357 SH   DFND 2 28,357 0 0
GOOGLE INC PUT 38259P706 767 1,400 SH Put DFND 2 1,400 0 0
GRUPO SIMEC S A B DE C V ADR 400491106 137 16,822 SH   DFND 2 16,822 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 5,753 174,267 SH   DFND 2 174,267 0 0
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 530 3,946 SH   DFND 2 3,946 0 0
GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 510 46,732 SH   DFND 2 46,732 0 0
HCP INC COM 40414L109 558 12,904 SH   DFND 2 12,904 0 0
HEALTH CARE REIT INC COM 42217K106 782 10,111 SH   DFND 2 10,111 0 0
HOST HOTELS %26 RESORTS INC COM 44107P104 441 21,845 SH   DFND 2 21,845 0 0
ISHARES GOLD TRUST ISHARES 464285105 727 63,461 SH   DFND 2 63,461 0 0
ISHARES MSCI BRZ CAP ETF 464286400 4,822 153,715 SH   DFND 2 153,715 0 0
ISHARES MSCI PAC JP ETF 464286665 790 17,422 SH   DFND 2 17,422 0 0
ISHARES TR S%26P 100 ETF 464287101 5,271 58,395 SH   DFND 2 58,395 0 0
ISHARES TR SELECT DIVID ETF 464287168 1,956 25,102 SH   DFND 2 25,102 0 0
ISHARES TR TRANS AVG ETF 464287192 2,450 15,646 SH   DFND 2 15,646 0 0
ISHARES TR RUS MD CP GR ETF 464287481 464 4,736 SH   DFND 2 4,736 0 0
ISHARES TR CORE S%26P MCP ETF 464287507 57,119 375,830 SH   DFND 2 375,830 0 0
ISHARES TR PHLX SEMICND ETF 464287523 2,347 24,967 SH   DFND 2 24,967 0 0
ISHARES TR NASDQ BIOTEC ETF 464287556 32,520 94,693 SH   DFND 2 94,693 0 0
ISHARES TR RUS 1000 ETF 464287622 20,703 178,701 SH   DFND 2 178,701 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 41,585 334,415 SH   DFND 2 334,415 0 0
ISHARES TR U.S. UTILITS ETF 464287697 368 3,292 SH   DFND 2 3,292 0 0
ISHARES TR U.S. TELECOM ETF 464287713 409 13,546 SH   DFND 2 13,546 0 0
ISHARES TR U.S. TECH ETF 464287721 1,148 10,938 SH   DFND 2 10,938 0 0
ISHARES TR U.S. REAL ES ETF 464287739 672 8,468 SH   DFND 2 8,468 0 0
ISHARES TR US HLTHCARE ETF 464287762 2,827 18,319 SH   DFND 2 18,319 0 0
ISHARES TR U.S. FINLS ETF 464287788 419 4,705 SH   DFND 2 4,705 0 0
ISHARES TR U.S. BAS MTL ETF 464287838 1,899 23,185 SH   DFND 2 23,185 0 0
ISHARES TR SP SMCP600VL ETF 464287879 246 2,065 SH   DFND 2 2,065 0 0
ISHARES MSCI ACWI ETF 464288257 871 14,505 SH   DFND 2 14,505 0 0
ISHARES MRGSTR MD CP GRW 464288307 240 1,443 SH   DFND 2 1,443 0 0
ISHARES MRGSTR MD CP VAL 464288406 315 2,498 SH   DFND 2 2,498 0 0
ISHARES MRGSTR SM CP GR 464288604 339 2,362 SH   DFND 2 2,362 0 0
ISHARES SHRT TRS BD ETF 464288679 2,894 26,245 SH   DFND 2 26,245 0 0
ISHARES TR CORE MSCI EAFE 46432F842 1,673 28,603 SH   DFND 2 28,603 0 0
ISHARES INC CORE MSCI EMKT 46434G103 766 15,853 SH   DFND 2 15,853 0 0
ISHARES TR CORE TL USD BD 46434V613 411 4,000 SH   DFND 2 4,000 0 0
ISHARES TR CUR HDG MS EMU 46434V639 1,216 41,799 SH   DFND 2 41,799 0 0
ISHARES TR HDG MSCI GERMN 46434V704 477 16,729 SH   DFND 2 16,729 0 0
ISHARES TR CORE MSCI EURO 46434V738 255 5,600 SH   DFND 2 5,600 0 0
ISHARES TR HDG MSCI JAPAN 46434V886 1,248 41,275 SH   DFND 2 41,275 0 0
JPMORGAN CHASE %26 CO ALERIAN ML ETN 46625H365 1,502 35,092 SH   DFND 2 35,092 0 0
KIMCO RLTY CORP COM 49446R109 317 11,801 SH   DFND 2 11,801 0 0
LINKEDIN CORP COM CL A 53578A108 487 1,949 SH   DFND 2 1,949 0 0
LINKEDIN CORP PUT 53578A108 450 1,800 SH Put DFND 2 1,800 0 0
MGM RESORTS INTERNATIONAL COM 552953101 777 36,944 SH   DFND 2 36,944 0 0
MACERICH CO COM 554382101 439 5,210 SH   DFND 2 5,210 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 28,051 1,537,896 SH   DFND 2 1,537,896 0 0
MARKET VECTORS ETF TR BIOTECH ETF 57060U183 15,823 122,112 SH   DFND 2 122,112 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 223 6,607 SH   DFND 2 6,607 0 0
MARKET VECTORS ETF TR PHARMACEUTICAL 57060U217 794 11,297 SH   DFND 2 11,297 0 0
MARKET VECTORS ETF TR SEMICONDUCTOR 57060U233 23,543 425,732 SH   DFND 2 425,732 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 4,323 254,172 SH   DFND 2 254,172 0 0
MERK GOLD TR SHS BEN INT 590055109 4,337 367,841 SH   DFND 2 367,841 0 0
MORGAN STANLEY CUSHNG MLP ETN 61760E846 159 11,859 SH   DFND 2 11,859 0 0
NETFLIX INC CALL 64110L106 458 1,100 SH Call DFND 2 1,100 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 38,244 362,162 SH   DFND 2 362,162 0 0
POWERSHARES INDIA ETF TR INDIA PORT 73935L100 663 29,394 SH   DFND 2 29,394 0 0
POWERSHARES ETF TRUST HI YLD EQ DVDN 73935X302 722 53,901 SH   DFND 2 53,901 0 0
POWERSHARES ETF TRUST DYNM LRG CP GR 73935X609 517 16,866 SH   DFND 2 16,866 0 0
POWERSHARES ETF TRUST DYNM LRG CP VL 73935X708 1,712 55,556 SH   DFND 2 55,556 0 0
POWERSHARES ETF TRUST DYN BIOT %26 GEN 73935X856 1,288 23,384 SH   DFND 2 23,384 0 0
POWERSHARES DB G10 CURCY HAR COM UT BEN INT 73935Y102 2,339 94,262 SH   DFND 2 94,262 0 0
POWERSHS DB MULTI SECT COMM DB PREC MTLS 73936B200 2,579 69,826 SH   DFND 2 69,826 0 0
POWERSHS DB MULTI SECT COMM DB SILVER FUND 73936B309 246 9,233 SH   DFND 2 9,233 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 274 12,383 SH   DFND 2 12,383 0 0
POWERSHS DB MULTI SECT COMM DB GOLD FUND 73936B606 3,754 96,126 SH   DFND 2 96,126 0 0
POWERSHS DB US DOLLAR INDEX DOLL INDX BEAR 73936D206 1,249 58,110 SH   DFND 2 58,110 0 0
POWERSHARES ETF TRUST II KBW HG YLD FIN 73936Q793 1,357 53,419 SH   DFND 2 53,419 0 0
POWERSHARES ETF TR II S%26P SMCP C DIS 73937B506 1,444 26,511 SH   DFND 2 26,511 0 0
POWERSHARES ETF TR II S%26P SMCP CONSU 73937B605 249 4,604 SH   DFND 2 4,604 0 0
POWERSHARES ETF TR II S%26P SMCP FIN P 73937B803 464 11,100 SH   DFND 2 11,100 0 0
PRECIDIAN ETFS TR MAXIS NIKKEI 74016W106 838 44,000 SH   DFND 2 44,000 0 0
PRICELINE GRP INC COM NEW 741503403 1,563 1,343 SH   DFND 2 1,343 0 0
PRICELINE GRP INC CALL 741503403 1,746 1,500 SH Call DFND 2 1,500 0 0
PRICELINE GRP INC PUT 741503403 3,609 3,100 SH Put DFND 2 3,100 0 0
PROLOGIS INC COM 74340W103 630 14,454 SH   DFND 2 14,454 0 0
PROSHARES TR SHORT QQQ NEW 74347B714 712 12,376 SH   DFND 2 12,376 0 0
PROSHARES TR ULTSHT FINLS NEW 74347B748 956 19,146 SH   DFND 2 19,146 0 0
PROSHARES TR ULTR 7-10 TREA 74347R180 867 14,943 SH   DFND 2 14,943 0 0
PROSHARES TR PSHS SHTFINL ETF 74347R230 308 17,509 SH   DFND 2 17,509 0 0
PROSHARES TR PSHS SH MSCI EAF 74347R370 1,098 33,872 SH   DFND 2 33,872 0 0
PROSHARES TR PSHS SHRT S%26P500 74347R503 5,894 274,654 SH   DFND 2 274,654 0 0
PROSHARES TR PSHS SHORT DOW30 74347R701 986 42,759 SH   DFND 2 42,759 0 0
PROSHARES TR PSHS ULTRA O%26G 74347R719 588 11,608 SH   DFND 2 11,608 0 0
PROSHARES TR PSHS ULT BASMATL 74347R776 1,295 26,358 SH   DFND 2 26,358 0 0
PROSHARES TR PSHS SH MDCAP400 74347R800 612 39,571 SH   DFND 2 39,571 0 0
PROSHARES TR II PSHS ULSSLVR NEW 74347W114 4,581 45,425 SH   DFND 2 45,425 0 0
PROSHARES TR II VIX MDTRM FUTR N 74347W338 912 14,932 SH   DFND 2 14,932 0 0
PROSHARES TR II ULT VIX SHRT TRM 74347W346 16,406 1,089,365 SH   DFND 2 1,089,365 0 0
PROSHARES TR II ULTRA SILVER NEW 74347W353 1,932 46,341 SH   DFND 2 46,341 0 0
PROSHARES TR II ULSHT BLOOMB GAS 74347W387 364 4,163 SH   DFND 2 4,163 0 0
PROSHARES TR II ULTRASHRT NEW 74347W395 1,308 13,318 SH   DFND 2 13,318 0 0
PROSHARES TR II ULTRASHORT YEN N 74347W569 2,040 22,950 SH   DFND 2 22,950 0 0
PROSHARES TR II ULTRA GOLD 74347W601 1,088 28,521 SH   DFND 2 28,521 0 0
PROSHARES TR II SHT VIX ST TRM 74347W627 3,682 54,109 SH   DFND 2 54,109 0 0
PROSHARES TR II ULSHT BLOOMB OIL 74347W668 387 4,436 SH   DFND 2 4,436 0 0
PROSHARES TR II PSHS ULTRA YEN 74347W866 209 14,924 SH   DFND 2 14,924 0 0
PROSHARES TR II PSH ULTRA EURO 74347W874 219 14,077 SH   DFND 2 14,077 0 0
PROSHARES TR II ULTRASHRT EURO 74347W882 22,954 851,719 SH   DFND 2 851,719 0 0
PROSHARES TR ULTRA SH DOW30 74347X112 358 18,178 SH   DFND 2 18,178 0 0
PROSHARES TR ULT MSCIBZL CAPP 74347X120 375 18,271 SH   DFND 2 18,271 0 0
PROSHARES TR BASIC MAT NEW 74347X138 940 32,332 SH   DFND 2 32,332 0 0
PROSHARES TR SHT MSCI NEW 74347X575 386 21,044 SH   DFND 2 21,044 0 0
PROSHARES TR ULTRA FNCLS NEW 74347X633 1,380 9,503 SH   DFND 2 9,503 0 0
PROSHARES TR UL MSCI JP ETF 74347X708 2,160 22,761 SH   DFND 2 22,761 0 0
PROSHARES TR ULT FTSE CHIN 50 74347X880 5,870 75,183 SH   DFND 2 75,183 0 0
PROSHARES TR ULT GOLD MINER 74348A251 449 30,798 SH   DFND 2 30,798 0 0
PROSHARES TR ULTSHT GLD MIN 74348A269 518 20,275 SH   DFND 2 20,275 0 0
PROSHARES TR ULTRA JR MINER 74348A277 360 26,126 SH   DFND 2 26,126 0 0
PROSHARES TR ULTSHT JR MIN 74348A285 319 12,658 SH   DFND 2 12,658 0 0
PROSHARES TR ULTSHT RUSS2000 74348A319 5,720 160,618 SH   DFND 2 160,618 0 0
PROSHARES TR ULTPRO SHT RUSS 74348A335 1,827 70,032 SH   DFND 2 70,032 0 0
PROSHARES TR ULTSHT FT CH 50 74348A350 1,628 45,514 SH   DFND 2 45,514 0 0
PROSHARES TR ULTPRO SHT MDCP 74348A392 880 28,573 SH   DFND 2 28,573 0 0
PROSHARES TR ULTRAPRO SH NW14 74348A418 4,805 179,558 SH   DFND 2 179,558 0 0
PROSHARES TR ULTSHRT QQQ 74348A426 3,068 83,255 SH   DFND 2 83,255 0 0
PROSHARES TR ULTSHT FTSE EURO 74348A434 1,624 28,825 SH   DFND 2 28,825 0 0
PROSHARES TR ULSH MSCIEAF NEW 74348A475 519 13,196 SH   DFND 2 13,196 0 0
PROSHARES TR PSHS ULDOW30 NEW 74348A590 945 44,448 SH   DFND 2 44,448 0 0
PROSHARES TR ULT MSCIBZL CAPP 74348A673 2,853 28,200 SH   DFND 2 28,200 0 0
PROSHARES TR REAL EST NEW 11 74348A871 216 18,854 SH   DFND 2 18,854 0 0
PUBLIC STORAGE COM 74460D109 853 4,327 SH   DFND 2 4,327 0 0
REALTY INCOME CORP COM 756109104 308 5,965 SH   DFND 2 5,965 0 0
RYDEX ETF TRUST GUG S%26P500 EQ WT 78355W106 6,162 76,029 SH   DFND 2 76,029 0 0
RYDEX ETF TRUST GUG S%26P500 PU VA 78355W304 1,361 25,211 SH   DFND 2 25,211 0 0
SL GREEN RLTY CORP COM 78440X101 382 2,979 SH   DFND 2 2,979 0 0
SPDR S%26P 500 ETF TR TR UNIT 78462F103 131,359 636,337 SH   DFND 2 636,337 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 323 8,330 SH   DFND 2 8,330 0 0
SPDR SERIES TRUST S%26P RETAIL ETF 78464A714 2,328 23,041 SH   DFND 2 23,041 0 0
SPDR SERIES TRUST S%26P OILGAS EXP 78464A730 1,196 23,147 SH   DFND 2 23,147 0 0
SPDR SERIES TRUST S%26P METALS MNG 78464A755 323 11,887 SH   DFND 2 11,887 0 0
SPDR SERIES TRUST S%26P DIVID ETF 78464A763 225 2,880 SH   DFND 2 2,880 0 0
SPDR SERIES TRUST S%26P SEMICNDCTR 78464A862 2,534 28,904 SH   DFND 2 28,904 0 0
SPDR SERIES TRUST S%26P BIOTECH 78464A870 564 2,499 SH   DFND 2 2,499 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 17,083 96,198 SH   DFND 2 96,198 0 0
SANDRIDGE ENERGY INC COM 80007P307 43 24,073 SH   DFND 2 24,073 0 0
SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 1,794 41,454 SH   DFND 2 41,454 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 313 12,849 SH   DFND 2 12,849 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 39,016 538,145 SH   DFND 2 538,145 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 3,646 48,531 SH   DFND 2 48,531 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 1,122 14,461 SH   DFND 2 14,461 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1,265 30,538 SH   DFND 2 30,538 0 0
SEVENTY SEVEN ENERGY INC COM 818097107 43 10,361 SH   DFND 2 10,361 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,086 5,552 SH   DFND 2 5,552 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 3,673 375,560 SH   DFND 2 375,560 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 492 75,989 SH   DFND 2 75,989 0 0
SPROTT PHYSICAL PLAT PALLAD UNIT 85207Q104 9,642 1,197,794 SH   DFND 2 1,197,794 0 0
TESLA MTRS INC CALL 88160R101 868 4,600 SH Call DFND 2 4,600 0 0
TEUCRIUM COMMODITY TR CORN FD SHS 88166A102 533 21,526 SH   DFND 2 21,526 0 0
TEUCRIUM COMMODITY TR SOYBEAN FD 88166A607 242 12,326 SH   DFND 2 12,326 0 0
TWO HBRS INVT CORP COM 90187B101 143 13,419 SH   DFND 2 13,419 0 0
UBS AG JERSEY BRH ALERIAN INFRST 902641646 794 20,937 SH   DFND 2 20,937 0 0
UDR INC COM 902653104 254 7,469 SH   DFND 2 7,469 0 0
UNITED STS COMMODITY IDX FDT COM UTS US AGR 911718203 1,225 60,411 SH   DFND 2 60,411 0 0
UNITED STS DIESEL HEATING OI UNIT 911783108 986 46,610 SH   DFND 2 46,610 0 0
UNITED STS GASOLINE FD LP UNITS 91201T102 1,305 37,464 SH   DFND 2 37,464 0 0
UNITED STATES NATL GAS FUND UNIT PAR $0.001 912318201 1,525 115,194 SH   DFND 2 115,194 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 4,944 293,581 SH   DFND 2 293,581 0 0
UNITED STS SHORT OIL FD LP UNITS 912613205 1,143 18,472 SH   DFND 2 18,472 0 0
VALERO ENERGY CORP NEW COM 91913Y100 271 4,264 SH   DFND 2 4,264 0 0
VANGUARD ADMIRAL FDS INC SMLCP 600 GRTH 921932794 301 2,699 SH   DFND 2 2,699 0 0
VANGUARD ADMIRAL FDS INC MIDCP 400 VAL 921932844 387 3,900 SH   DFND 2 3,900 0 0
VANGUARD ADMIRAL FDS INC MIDCP 400 GRTH 921932869 219 2,080 SH   DFND 2 2,080 0 0
VANGUARD ADMIRAL FDS INC MIDCP 400 IDX 921932885 5,873 57,261 SH   DFND 2 57,261 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 824 12,062 SH   DFND 2 12,062 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,837 44,950 SH   DFND 2 44,950 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 4,829 89,063 SH   DFND 2 89,063 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 2,199 20,645 SH   DFND 2 20,645 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 388 4,009 SH   DFND 2 4,009 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000VAL 92206C649 499 5,581 SH   DFND 2 5,581 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664 546 5,485 SH   DFND 2 5,485 0 0
VANGUARD SCOTTSDALE FDS VNG RUS1000IDX 92206C730 397 4,147 SH   DFND 2 4,147 0 0
VENTAS INC COM 92276F100 655 8,970 SH   DFND 2 8,970 0 0
VANGUARD INDEX FDS REIT ETF 922908553 5,203 61,888 SH   DFND 2 61,888 0 0
VORNADO RLTY TR SH BEN INT 929042109 572 5,106 SH   DFND 2 5,106 0 0
WISDOMTREE TR LARGECAP DIVID 97717W307 307 4,192 SH   DFND 2 4,192 0 0
SEADRILL LIMITED SHS G7945E105 106 11,301 SH   DFND 2 11,301 0 0