MBIA INC

Ticker: MBI CUSIP: 55262C100 Class: Common Stock

Cambridge Investment Research Advisors, Inc.'s Holding History (CIK: 0001419186)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 12,750 Value ($000) $117 Avg Close $4.29 Range $3.94 - $4.99

Q1 2014

Shares 10,366 Value ($000) $145 Avg Close $5.56 Range $4.66 - $6.66

Q4 2013

Shares 20,835 Value ($000) $249 Avg Close $5.03 Range $4.18 - $5.76

Q3 2013

Shares 22,085 Value ($000) $226 Avg Close $5.49 Range $4.43 - $6.15

Q2 2013

Shares 17,135 Value ($000) $228 Avg Close $5.48 Range $3.81 - $7.04

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	12,750	$117	$4.29	$3.94 - $4.99
Q1 2014	10,366	$145	$5.56	$4.66 - $6.66
Q4 2013	20,835	$249	$5.03	$4.18 - $5.76
Q3 2013	22,085	$226	$5.49	$4.43 - $6.15
Q2 2013	17,135	$228	$5.48	$3.81 - $7.04