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Important Information Regarding Recent Market Events and the Impact to Money Market Funds

The serious issues taking place within the financial services industry continue to evolve as we learn more details and come to terms with their impact on the nation's financial markets. We remind our clients, associates and shareholders that our capital structure and liquidity remain strong and stable.
TD AMERITRADE continues to have no direct exposure to the U.S. real estate market and the associated complex financial securities that are at the root of this liquidity crisis.

1. You have confirmed your financial stability. What about your affiliates, such as the firms managing the money market funds available to your clients? Is my money safe in those funds?

• We cannot predict the effects of recent market conditions on any security, including money market mutual funds.
• However, we can tell you that TD Asset Management USA Funds, Inc., which manages seven money market funds currently available as cash sweep options to TD AMERITRADE clients, can confirm that none of these funds had any exposure to Lehman Brothers Holdings Inc., Merrill Lynch, Washington Mutual or AIG as of Sept. 16, 2008.
• Over the past several months, the Adviser for these funds has shortened the average maturities of the funds' holdings and increased the funds' liquidity. The Adviser believes that these funds are well positioned in light of current market conditions. More information can be found here.
• If you have specific questions about a money market mutual fund not managed by TD Asset Management USA Funds, Inc., please click here.

2. Does the recent failure of Lehman Brothers or the acquisition of Merrill Lynch affect
TD AMERITRADE?

• Our capital structure and liquidity are strong and stable.
• It is unfortunate that a number of firms have failed, or have struggled, over the course of the last 18 months as the result of investments tied to the nation's struggling real estate markets.
• We do not hold Lehman Brothers or Merrill Lynch directly. We will continue to monitor our exposure as the ramifications of these events throughout the financial sector become clearer. In the meantime, we will continue to work with affected clients.

3. Does TD AMERITRADE have liquidity issues? Are you at risk to suffer any of the challenges that other financial services firms have suffered this year?

• TD AMERITRADE's capital structure and liquidity are strong and stable.
• TD AMERITRADE has no direct exposure to the U.S. real estate market and the associated complex financial securities that are at the root of this liquidity crisis.
• The collateral backing our liquidity is in cash or U.S. securities. The collateral backing our liquidity is not in real estate-related securities.
• In addition, TD AMERITRADE does not take proprietary risk on its balance sheet. Our clear, transparent business model and commitment to conservative fiscal management has helped us avoid the troubles other firms have experienced from investment risks.

4. Who can I contact for more information?

• Please contact us at the numbers below for any individual questions you might have:

For clients: 800-431-3500
For shareholders: 800-237-8692
For media: 800-400-1336