Red Flags Detected

• ⚠ You May Lose Up to 100% of Your Principal Amount At Maturity. (new) — The notes expose investors to full principal loss if the least performing index falls below its barrier value.
• ⚠ The Estimated Value of Your Notes At the Time the Terms of Your Notes Were Set On the Trade Date Is $985.20 Per $1,000 Principal Amount, Which Is Expected to Be Less Than the Price to Public. (new) — The issuer's own pricing model values the notes below the offering price, indicating investors pay a premium over estimated fair value.
• ⚠ The Notes Will Not Be Listed On Any Securities Exchange, and There May Be Little or No Secondary Market For the Notes. (new) — Lack of listing and secondary market may make it difficult for investors to sell the notes before maturity.
• ⚠ The Distribution Agent Is Our Affiliate And, As Such, Has a 'conflict of Interest' In This Offering Within the Meaning of Finra Rule 5121. (new) — Affiliate distribution creates a conflict of interest that may affect pricing and distribution.