On June 4, 2013, Wells Fargo Securities announced the formation of a new Client Trade Services group within Wells Fargo Securities’ Markets division. In addition, Wells Fargo Securities announced that Eamon McCooey will be joining the group as head of Prime Services. See “Prime Brokerage Arrangements from the Hedge Fund Manager Perspective: Financing Structures; Trends in Services; Counterparty Risk; and Negotiating Agreements,” Hedge Fund Law Report, Vol. 6, No. 2 (Jan. 10, 2013).