FULLY DISCLOSED CLEARING AGREEMENT
This Fully Disclosed Clearing Agreement (the "Agreement") is executed and entered into by and between
Southwest Securities, Inc. ("Southwest"), a Delaware corporation, and Raike Financial Group, Inc.
("Correspondent"), a Georgia corporation.
WHEREAS, Correspondent is in the process of registering or is registered with the Securities Exchange
Commission ("SEC") as a broker-dealer of securities in accordance with Section 15(b) of the Securities and
Exchange Act of 1934 (the "Act") and is applying for membership or is a member of the National Association of
Securities Dealers, Inc. ("NASD"), and desires to enter into an agreement with Southwest for Southwest to clear
and maintain customer accounts on behalf of Correspondent; and
WHEREAS, Southwest meets all requirements of the SEC to function as a clearing broker or dealer, and desires
to enter into an agreement to clear and maintain cash, margin or other accounts ("Accounts") for Correspondent
or customers of Correspondent ("Customers"), (such Accounts of Correspondent and Customers being
hereinafter referred to as "Correspondent Accounts" and "Customer Accounts," respectively).
NOW, THEREFORE, in consideration of the mutual covenants contained herein, and of guarantee of this
Agreement by any guarantor(s), and for other good and valuable consideration the receipt and sufficiency of
which is hereby acknowledged, the parties agree as follows:
1. REPRESENTATIONS AND WARRANTIES; AGENCY RELATIONSHIP
(a) Representations and Warranties of Correspondent. Correspondent represents and warrants to Southwest
(i) Correspondent is a corporation duly organized, validly existing and in good standing under the laws of the state
of its incorporation, and authorized to conduct
Exhibit 10.4 - Pg. 1
business in each state where such authorization is required.
(ii) Correspondent has all the requisite authority in conformity with all applicable laws and regulations to enter into
this Agreement and to retain the s