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INC produced in San Antonio daily proof sheets, which
summarized all client investment activities for a specified day.
Proof sheets included a summary of client positions, a summary of
the certificates of deposit activity, and a summary of the "casa"
or house account. Proof sheets were based on individual
documentation of specific transactions as well as comparisons of
the specific transactional information to daily transaction
reports. Proof sheets reflected, for example, that a certain
dollar amount of client certificates of deposit had been bought
on a particular day. During the years in issue, the proof sheets
were maintained in INC's office in San Antonio although not in
the central filing system.
INC produced in San Antonio journal vouchers, which were
summaries of the proof sheets, excluding references to client
activity. Journal vouchers related only to the financial
performance of LTD. INC used the journal vouchers to book income
or credit and debit items to LTD. Additionally, INC used the
journal vouchers to produce profit and loss statements and to
make entries into different general ledger accounts.
INC generated monthly statements of LTD client account
activity. Each month, INC printed a client account statement
summarizing the client's activity for the month and the client's
holdings at a particular bank or investment fund. The client
statements, which listed only the client’s LTD account number,
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