The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
IPATH DJ-UBS SUGAR SUBINDX T ETP 06739H214 6 100 SH   SOLE   100 0 0
VELOCITYSHARES 3X LONG CRUDE ETP 22542D589 105 3,407 SH   SOLE   3,407 0 0
VANGUARD TOT WORLD STK ETF ETP 922042742 19,844 334,067 SH   SOLE   334,067 0 0
MOLYCORP INC Common Stock 608753109 0 15 SH   SOLE   15 0 0
ISHARES MSCI SWEDEN ETF ETP 464286756 1,664 46,430 SH   SOLE   46,430 0 0
VELOCITYSHARES 3X INVERSE GO ETP 22542D670 234 2,812 SH   SOLE   2,812 0 0
DIREXION DLY EMG MKT BEAR 3X ETP 25459Y470 296 7,441 SH   SOLE   7,441 0 0
ISHARES RUSSELL 2000 ETF ETP 464287655 976 8,457 SH   SOLE   8,457 0 0
PROSHARES ULTPRO SHRT MC400 ETP 74348A657 118 8,579 SH   SOLE   8,579 0 0
ISHARES NATIONAL AMT-FREE MU ETP 464288414 243 2,339 SH   SOLE   2,339 0 0
ISHARES MSCI BELGIUM CAPPED ETP 464286301 23 1,392 SH   SOLE   1,392 0 0
VIMPELCOM LTD-SPON ADR ADR 92719A106 363 28,031 SH   SOLE   28,031 0 0
KEYNOTES FT 130/30 LARGE CAP ETP 46625H761 0 12 SH   SOLE   12 0 0
TEUCRIUM CORN FUND ETP 88166A102 70 2,277 SH   SOLE   2,277 0 0
PROSHARES VIX MID-TERM FUT ETP 74347W684 559 28,983 SH   SOLE   28,983 0 0
ISHARES GOLD TRUST ETP 464285105 475 40,672 SH   SOLE   40,672 0 0
ISHARES INDIA 50 ETF ETP 464289529 2,535 107,818 SH   SOLE   107,818 0 0
QUIMICA Y MINERA CHIL-SP ADR ADR 833635105 3 105 SH   SOLE   105 0 0
BANCOLOMBIA S.A.-SPONS ADR ADR 05968L102 25 500 SH   SOLE   500 0 0
GUGGENHEIM BULLETSHARES 2018 ETP 18383M381 419 15,556 SH   SOLE   15,556 0 0
IPATH DJ-UBS LEAD SUBINDX TO ETP 06739H263 1 11 SH   SOLE   11 0 0
PROSHARES ULTRA MSCI BRAZIL ETP 74347X120 2 47 SH   SOLE   47 0 0
DIREXION DLY MID CAP BEAR 3X ETP 25459Y421 273 14,903 SH   SOLE   14,903 0 0
IPATH S&P 500 VIX S/T FU ETN ETP 06742E711 55,384 1,301,628 SH   SOLE   1,301,628 0 0
HDFC BANK LTD-ADR ADR 40415F101 3 100 SH   SOLE   100 0 0
ISHARES IBOXX HIGH YIELD COR ETP 464288513 2,394 25,778 SH   SOLE   25,778 0 0
ELEMENTS ROGERS METALS TR ETP 870297405 2 253 SH   SOLE   253 0 0
ETRACS DAILY LONG/SHORT VIX ETP 902641596 141 7,976 SH   SOLE   7,976 0 0
VORNADO REALTY TRUST REIT 929042109 0 5 SH   SOLE   5 0 0
UNITED STATES OIL FUND LP ETP 91232N108 1,146 32,451 SH   SOLE   32,451 0 0
GUGGENHEIM BULLET 2021 COR ETP 18383M266 9 461 SH   SOLE   461 0 0
ISHARES MSCI BRAZIL CAPPED E ETP 464286400 17,727 396,762 SH   SOLE   396,762 0 0
CREDICORP LTD Common Stock G2519Y108 701 5,285 SH   SOLE   5,285 0 0
WISDOMTREE JPN S/C DVD FUND ETP 97717W836 1,379 27,039 SH   SOLE   27,039 0 0
SPDR STOXX EUROPE 50 ETF ETP 78463X103 1,806 45,910 SH   SOLE   45,910 0 0
VELOCITYSHARES 3X INVERSE SI ETP 22542D654 190 3,544 SH   SOLE   3,544 0 0
VELOCITYSHARES 3X INVERSE NA ETP 22542D530 356 40,268 SH   SOLE   40,268 0 0
PROSHRE ULT DJ-UBS CRUDE OIL ETP 74347W650 2 70 SH   SOLE   70 0 0
SPDR EURO STOXX 50 ETF ETP 78463X202 8,997 213,192 SH   SOLE   213,192 0 0
ISHARES RUSSELL MID-CAP ETF ETP 464287499 3,157 21,047 SH   SOLE   21,047 0 0
SPDR DOW JONES REIT ETF ETP 78464A607 218 3,061 SH   SOLE   3,061 0 0
KT CORP-SP ADR ADR 48268K101 31 2,070 SH   SOLE   2,070 0 0
SPDR S&P CHINA ETF ETP 78463X400 1,605 20,599 SH   SOLE   20,599 0 0
GUGGENHEIM BULLETSHARES 2020 ETP 18383M514 2,443 118,937 SH   SOLE   118,937 0 0
POWERSHARES DB AGRI DOUB SH ETP 25154H566 588 41,386 SH   SOLE   41,386 0 0
FIDELITY FINANCIALS ETF ETP 316092501 0 1 SH   SOLE   1 0 0
PROSHARES ULTRA GOLD ETP 74347W601 4 100 SH   SOLE   100 0 0
VANGUARD INT-TERM CORPORATE ETP 92206C870 4,320 52,238 SH   SOLE   52,238 0 0
ISHARES MSCI PACIFIC EX JAPA ETP 464286665 19,480 416,858 SH   SOLE   416,858 0 0
ISHARES CORE S&P MIDCAP ETF ETP 464287507 82 615 SH   SOLE   615 0 0
VANGUARD TOTAL BOND MARKET ETP 921937835 333 4,157 SH   SOLE   4,157 0 0
GREAT PANTHER SILVER LTD Common Stock 39115V101 0 39 SH   SOLE   39 0 0
IPATH PURE BETA INDUSTRIALS ETP 06740P296 2 64 SH   SOLE   64 0 0
ISHARES MSCI MALAYSIA ETF ETP 464286830 4 241 SH   SOLE   241 0 0
GUGGENHEIM BULLETSHARES 2017 ETP 18383M548 2,447 107,973 SH   SOLE   107,973 0 0
POWERSHARES EM MKT SOVR DEBT ETP 73936T573 681 25,209 SH   SOLE   25,209 0 0
MARKET VECTORS INDONESIA IND ETP 57060U753 696 32,726 SH   SOLE   32,726 0 0
WISDOMTREE EMG MKTS EQ INCOM ETP 97717W315 44,530 872,617 SH   SOLE   872,617 0 0
ISHARES MSCI SOUTH KOREA CAP ETP 464286772 50,500 780,881 SH   SOLE   780,881 0 0
VELOCITYSHARES 3X LONG GOLD ETP 22542D688 2 162 SH   SOLE   162 0 0
ABERDEEN CHILE FUND INC Closed-End Fund 00301W105 3 309 SH   SOLE   309 0 0
ISHARES MSCI ALL COUNTRY ASI ETP 464288182 11,369 188,510 SH   SOLE   188,510 0 0
ISHARES MSCI FRANCE ETF ETP 464286707 13,223 464,792 SH   SOLE   464,792 0 0
PWRSHS DB COMMODITY SHORT ETP 25154H467 206 9,877 SH   SOLE   9,877 0 0
PROSHARES ULTSHRT MSCI EM ETP 74347X575 32 1,595 SH   SOLE   1,595 0 0
KB FINANCIAL GROUP INC-ADR ADR 48241A105 25 620 SH   SOLE   620 0 0
GUGGENHEIM BULLETSHARES 2016 ETP 18383M415 232 8,588 SH   SOLE   8,588 0 0
OVASCIENCE INC Common Stock 69014Q101 150 16,429 SH   SOLE   16,429 0 0
VELOCITYSHARES 2X VIX SH-TRM ETP 22539T613 496 66,124 SH   SOLE   66,124 0 0
POWERSHARES DB AGRICULT LNG ETP 25154H533 23 1,838 SH   SOLE   1,838 0 0
ISHARES MSCI SOUTH AFRICA ET ETP 464286780 5,668 87,890 SH   SOLE   87,890 0 0
TELEKOMUNIK INDONESIA-SP ADR ADR 715684106 285 7,946 SH   SOLE   7,946 0 0
SPDR MSCI ACWI EX-US ETP 78463X848 383 10,741 SH   SOLE   10,741 0 0
VELOCITYSHARES 2X VIX MED-TM ETP 22539T100 1,405 40,789 SH   SOLE   40,789 0 0
NUVEEN DIV DIVIDEND AND INCM Closed-End Fund 6706EP105 0 1 SH   SOLE   1 0 0
PROSHARES ULTRASHORT FTSE EU ETP 74348A301 0 1 SH   SOLE   1 0 0
IPATH S&P 500 VIX M/T FU ETN ETP 06740C519 2,788 177,363 SH   SOLE   177,363 0 0
ANHEUSER-BUSCH INBEV SPN ADR ADR 03524A108 42 394 SH   SOLE   394 0 0
ISHARES EUROPE ETF ETP 464287861 28,051 591,167 SH   SOLE   591,167 0 0
GLOBAL X FTSE COLOMBIA 20 ETP 37950E200 128 7,036 SH   SOLE   7,036 0 0
ISHARES RUSSELL 2000 VALUE E ETP 464287630 4,620 46,436 SH   SOLE   46,436 0 0
SPECTRA ENERGY PARTNERS LP MLP 84756N109 3 75 SH   SOLE   75 0 0
GUGGENHEIM BULLETSHARES 2018 ETP 18383M530 2,993 143,008 SH   SOLE   143,008 0 0
PIMCO TOTAL RETURN ETF ETP 72201R775 3,348 31,962 SH   SOLE   31,962 0 0
CENTRAL GOLDTRUST Closed-End Fund 153546106 137 3,300 SH   SOLE   3,300 0 0
GUGGENHEIM BULLETSHARES 2014 ETP 18383M431 10 372 SH   SOLE   372 0 0
ISHARES CORE MSCI EAFE ETF ETP 46432F842 3,072 50,555 SH   SOLE   50,555 0 0
POTLATCH CORP REIT 737630103 13 306 SH   SOLE   306 0 0
GUGGENHEIM BULLETSHARES 2019 ETP 18383M373 2,171 84,017 SH   SOLE   84,017 0 0
VELOCITYSHARES 3X INVERSE CR ETP 22542D548 281 8,661 SH   SOLE   8,661 0 0
CTC MEDIA INC Common Stock 12642X106 115 8,302 SH   SOLE   8,302 0 0
ISHARES MSCI NETHERLANDS ETF ETP 464286814 2,521 97,237 SH   SOLE   97,237 0 0
ISHARES MBS ETF ETP 464288588 4,403 42,104 SH   SOLE   42,104 0 0
ISHARES AGENCY BOND ETF ETP 464288166 682 6,173 SH   SOLE   6,173 0 0
PIMCO 0-5 YEAR H/Y CORP BOND ETP 72201R783 142 1,336 SH   SOLE   1,336 0 0
ISHARES MSCI RUSSIA CAPPED E ETP 46429B705 7,888 360,184 SH   SOLE   360,184 0 0
MARKET VECTORS LONG MUNICIP ETP 57060U886 1,297 73,950 SH   SOLE   73,950 0 0
FACEBOOK INC-A Common Stock 30303M102 0 2 SH   SOLE   2 0 0
VELOCITYSHARES 3X INVERSE SI ETP 22542D654 7 138 SH   SOLE   138 0 0
ISHARES RUSSELL MID-CAP VALU ETP 464287473 172 2,611 SH   SOLE   2,611 0 0
GUGGENHEIM SOLAR ETF ETP 18383Q739 19 535 SH   SOLE   535 0 0
IPATH S&P 500 VIX S/T FU ETN ETP 464287481 40 469 SH   SOLE   469 0 0
POWERSHARES FDMNL H/Y CORP B ETP 73936T557 1,834 95,553 SH   SOLE   95,553 0 0
VALE SA-SP ADR ADR 91912E105 10 669 SH   SOLE   669 0 0
MICROSOFT CORP Common Stock 594918104 0 4 SH   SOLE   4 0 0
WISDOMTREE INDIA EARNINGS ETP 97717W422 16,455 943,508 SH   SOLE   943,508 0 0
ETFS PLATINUM TRUST ETP 26922V101 13 100 SH   SOLE   100 0 0
CHINA LIFE INSURANCE CO-ADR ADR 16939P106 34 726 SH   SOLE   726 0 0
ISHARES MSCI POLAND CAPPED E ETP 46429B606 1,030 34,706 SH   SOLE   34,706 0 0
PROSHARES ULTRASHORT GOLD ETP 74347W395 160 1,545 SH   SOLE   1,545 0 0
ISHARES MSCI TAIWAN ETF ETP 464286731 3,859 267,627 SH   SOLE   267,627 0 0
POWERSHARES DB GLD DOUB LNG ETP 25154H749 151 6,002 SH   SOLE   6,002 0 0
IPATH S&P 500 DYN VIX ETN ETP 06741L609 1,319 39,092 SH   SOLE   39,092 0 0
ISHARES S&P MID-CAP 400 VALU ETP 464287705 1,176 10,120 SH   SOLE   10,120 0 0
POWERSHARES DB GLD DOUB SHRT ETP 25154H756 113 14,753 SH   SOLE   14,753 0 0
POWERSHARES DB BASE METALS F ETP 73936B705 2 136 SH   SOLE   136 0 0
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 1,308 75,027 SH   SOLE   75,027 0 0
ALEXANDER & BALDWIN INC Common Stock 014491104 6 151 SH   SOLE   151 0 0
POWERSHARES DB COMM DOUB SH ETP 25154H483 245 9,223 SH   SOLE   9,223 0 0
ISHARES MSCI MEXICO CAPPED ETP 464286822 13,641 200,603 SH   SOLE   200,603 0 0
SCHWAB US MID CAP ETF ETP 808524508 30 805 SH   SOLE   805 0 0
SOUTHERN COPPER CORP Common Stock 84265V105 232 8,066 SH   SOLE   8,066 0 0
FIDELITY CON STAPLES ETF ETP 316092303 0 1 SH   SOLE   1 0 0
FRANKLIN STREET PROPERTIES C REIT 35471R106 9 766 SH   SOLE   766 0 0
ISHARES MSCI CHILE CAPPED ET ETP 464286640 657 13,835 SH   SOLE   13,835 0 0
ISHARES MSCI INDONESIA ETF ETP 46429B309 282 12,327 SH   SOLE   12,327 0 0
POWERSHARES DB METALS 2X ETP 25154K841 2 200 SH   SOLE   200 0 0
PROSHARES ULTRASHORT SILVER ETP 74347W114 6 72 SH   SOLE   72 0 0
CHINA MOBILE LTD-SPON ADR ADR 16941M109 15 278 SH   SOLE   278 0 0
PROSHARES SHORT MIDCAP 400 ETP 74347R800 127 6,856 SH   SOLE   6,856 0 0
ETRACS NAT GAS FUT CONTANGO ETP 90267B799 4 151 SH   SOLE   151 0 0
POWERSHARES INDIA PORTFOLIO ETP 73935L100 1,379 78,262 SH   SOLE   78,262 0 0
VELOCITYSHARES INV VIX SH-TM ETP 22542D795 3,455 100,491 SH   SOLE   100,491 0 0
VELOCITYSHARES VIX MED-TERM ETP 22542D787 581 26,598 SH   SOLE   26,598 0 0
TEUCRIUM SUGAR FUND ETP 88166A409 6 404 SH   SOLE   404 0 0
PROSHARES ULTRA VIX ST FUTUR ETP 74347W379 4,283 255,249 SH   SOLE   255,249 0 0
GOOGLE INC-CL A Common Stock 38259P508 2 2 SH   SOLE   2 0 0
FIDELITY TELECOMM ETF ETP 316092873 0 1 SH   SOLE   1 0 0
SASOL LTD-SPONSORED ADR ADR 803866300 87 1,750 SH   SOLE   1,750 0 0
ETFS PHYSICAL SILVER SHARES ETP 26922X107 28 1,445 SH   SOLE   1,445 0 0
VANGUARD FTSE EUROPE ETF ETP 922042874 58,275 991,077 SH   SOLE   991,077 0 0
JONES LANG LASALLE INC Common Stock 48020Q107 8 74 SH   SOLE   74 0 0
PROSHRE U/S DJ-UBS CRUDE OIL ETP 74347W668 2 53 SH   SOLE   53 0 0
ETRACS CMCI INDUST MTLS TR ETP 902641752 1 41 SH   SOLE   41 0 0
ISHARES JAPAN LARGE-CAP ETF ETP 464287382 339 6,427 SH   SOLE   6,427 0 0
FIDELITY UTILITIES ETF ETP 316092865 0 1 SH   SOLE   1 0 0
ISHARES INTERNATIONAL SELECT ETP 464288448 24,719 651,524 SH   SOLE   651,524 0 0
PROSHARES ULTRAPRO MIDCAP400 ETP 74347X815 291 3,114 SH   SOLE   3,114 0 0
PROSHARES ULTSHRT MIDCAP400 ETP 74347X211 288 21,542 SH   SOLE   21,542 0 0
SPDR BARCLAYS LONG TERM CORP ETP 78464A367 78 2,108 SH   SOLE   2,108 0 0
MACATAWA BANK CORP Common Stock 554225102 0 92 SH   SOLE   92 0 0
GUGGENHEIM BULLETSHARES 2019 ETP 18383M522 1,654 80,404 SH   SOLE   80,404 0 0
SPDR RUSSELL/NOMURA PR JAPAN ETP 78463X830 4,766 102,590 SH   SOLE   102,590 0 0
IPATH DJ-UBS COCOA SUBINDEX ETP 06739H313 1 33 SH   SOLE   33 0 0
DIREXION DAILY INDIA BULL 3X ETP 25459Y330 48 869 SH   SOLE   869 0 0
ECOPETROL SA-SPONSORED ADR ADR 279158109 450 11,695 SH   SOLE   11,695 0 0
ISHARES MSCI THAILAND CAPPED ETP 464286624 1,188 17,311 SH   SOLE   17,311 0 0
FREESCALE SEMICONDUCTOR LTD Common Stock G3727Q101 0 1 SH   SOLE   1 0 0
ISHARES MSCI ITALY CAPPED ET ETP 464286855 2,451 157,244 SH   SOLE   157,244 0 0
ISHARES MSCI EAFE ETF ETP 464287465 66,192 986,542 SH   SOLE   986,542 0 0
ISHARES MSCI PHILIPPINES ETF ETP 46429B408 629 19,917 SH   SOLE   19,917 0 0
ISHARES MSCI EAFE SMALL-CAP ETP 464288273 1,352 26,530 SH   SOLE   26,530 0 0
ISHARES MSCI BRIC ETF ETP 464286657 7,158 189,920 SH   SOLE   189,920 0 0
PROSHARES ULTSHRT DJ-UBS NAT ETP 74347W387 400 5,765 SH   SOLE   5,765 0 0
ISHARES RUSSELL 2000 GROWTH ETP 464287648 24,266 179,068 SH   SOLE   179,068 0 0
ISHARES MSCI AUSTRALIA ETF ETP 464286103 3,223 132,241 SH   SOLE   132,241 0 0
IPATH PURE BETA NICKEL ETP 06740P213 0 12 SH   SOLE   12 0 0
C-TRACKS ETN VOLATILITY INDX ETP 17318Q475 61 17,804 SH   SOLE   17,804 0 0
SPDR DJ GLOBAL REAL ESTATE E ETP 78463X749 147 3,545 SH   SOLE   3,545 0 0
FIDELITY INFO TECH ETF ETP 316092808 0 1 SH   SOLE   1 0 0
ISHARES MSCI JAPAN ETF ETP 464286848 114,289 9,415,019 SH   SOLE   9,415,019 0 0
ISHARES MSCI TURKEY ETF ETP 464286715 2,528 53,048 SH   SOLE   53,048 0 0
MOBILE TELESYSTEMS-SP ADR ADR 607409109 598 27,654 SH   SOLE   27,654 0 0
SPDR S&P MIDCAP 400 ETF TRST ETP 78467Y107 16,122 66,018 SH   SOLE   66,018 0 0
DB X-TRACKERS MSCI JAPAN HDG ETP 233051507 2,818 72,747 SH   SOLE   72,747 0 0
TEUCRIUM AGRICULTURAL FUND ETP 88166A706 282 8,284 SH   SOLE   8,284 0 0
DCP MIDSTREAM PARTNERS LP MLP 23311P100 3 58 SH   SOLE   58 0 0
MECHEL-SPONSORED ADR ADR 583840103 72 28,096 SH   SOLE   28,096 0 0
POWERSHARES DB AGRICULT SHRT ETP 25154H541 942 40,009 SH   SOLE   40,009 0 0
PROSHARES ULTRASHORT MSCI BR ETP 74348A673 4 54 SH   SOLE   54 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 20,580 536,353 SH   SOLE   536,353 0 0
PROSHARES SHORT VIX ST FUTUR ETP 74347W627 938 6,952 SH   SOLE   6,952 0 0
FIRST SOLAR INC Common Stock 336433107 3 53 SH   SOLE   53 0 0
PALMETTO BANCSHARES INC Common Stock 697062206 233 17,962 SH   SOLE   17,962 0 0
INFOSYS LTD-SP ADR ADR 456788108 147 2,600 SH   SOLE   2,600 0 0
ISHARES MSCI SINGAPORE ETF ETP 464286673 3,153 239,381 SH   SOLE   239,381 0 0
ISHARES MSCI EMERGING MARKET ETP 464286533 3,377 57,972 SH   SOLE   57,972 0 0
US NATURAL GAS FUND LP ETP 912318201 637 30,785 SH   SOLE   30,785 0 0
FOREST CITY ENTERPRISES-CL A Common Stock 345550107 4 230 SH   SOLE   230 0 0
MARKET VECTORS GOLD MINERS ETP 57060U100 73 3,473 SH   SOLE   3,473 0 0
IPATH DOW JONES-UBS COMMDTY ETP 06738C778 18 498 SH   SOLE   498 0 0
VANGUARD FTSE EMERGING MARKE ETP 922042858 118,098 2,870,630 SH   SOLE   2,870,630 0 0
SPDR DJ INTERNATIONAL REAL E ETP 78463X863 2,015 48,913 SH   SOLE   48,913 0 0
VELOCITYSHARES VIX SHORT-TRM ETP 22539T621 1,041 18,067 SH   SOLE   18,067 0 0
IPATH INVERSE S&P 500 VIX II ETP 06741K486 352 9,246 SH   SOLE   9,246 0 0
VANGUARD S&P MID-CAP 400 ETF ETP 921932885 128 1,419 SH   SOLE   1,419 0 0
GUGGENHEIM BULLETSHARES 2020 ETP 18383M365 1,011 39,289 SH   SOLE   39,289 0 0
ISHARES RUSSELL 1000 ETF ETP 464287622 520 5,037 SH   SOLE   5,037 0 0
CHINA TELECOM CORP LTD-ADR ADR 169426103 531 10,503 SH   SOLE   10,503 0 0
IPATH INVERSE S&P 500 VIX SH ETP 06740L592 48 1,260 SH   SOLE   1,260 0 0