Item 1.01 Entry into a Material Definitive Agreement. On May 15, 2012, Penson Worldwide, Inc. (the âCompanyâ) reached an agreement with Financial Industry Regulatory Authority (âFINRAâ) regarding the Companyâs request to withdraw regulatory capital via an intercompany loan between the Company and Penson Financial Services, Inc. (âPFSIâ), the Companyâs U.S. broker-dealer subsidiary. Under the agreement, FINRA granted permission for an intercompany loan of $5.5 million from PFSI to the Company, which was used to pay interest on the Companyâs outstanding 12.50% Senior Second Lien Secured Notes due 2017 (âSenior Second Lien Notesâ). The Company agreed to continue its efforts to complete strategic transactions, which would include PFSIâs securities and futures clearing businesses. As previously announced, the Company is actively engaged in advanced discussions regarding strategic transactions. http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8281087 there's more at that link.