333 Clay Street Suite 3010 Houston, TX 77002 (713) 650-1122 (ph) (713) 650-0237 (fx

)

FORM G-37
Name of dealer: . Report period: Apex Securities, Inc. dba Rice Financial Products Company

April 1, 2008- June 30, 2008

.

I.
State

CONTRIBUTIONS made to issuer officials (list by state)
Contributions by each contributor category (i.e., dealer, dealer controlled PAC, municipal finance professional controlled PAC, municipal finance professionals and non-MFP executive officers). For each contribution, list contribution amount and contributor category. (For example, $500 contribution by non-MFP executive officer). If any contribution is the subject of an automatic exemption pursuant to Rule G-37(j), list amount of contribution and date of such automatic exemption.

Complete name, title (including any city/county/state or other political subdivision) of issuer official

IL

Obama for America Candidate for Democratic Nomination for President

$500.00 contribution by a municipal finance professional

NY

Hilary Clinton Candidate for Democratic Nomination for President David Patterson Governor

$1,000.00 contribution by a municipal finance professional $250.00 contribution by a municipal finance professional

NY

II. State

PAYMENTS made to political parties of states of political subdivisions (list by state) Complete name (including any city/county/state or other political subdivision) of political party Payments by each contributor category (i.e., dealer, dealer controlled PAC, municipal finance professional controlled PAC, municipal finance professionals and non-MFP executive officers). For each payment, list payment amount and contributor category. (For example, $500 payment by non-MFP executive officer)

NONE

III. State

ISSUERS with which dealer has engaged in municipal securities business (list by state) Complete name of issuer and city/county Type of municipal securities business (negotiated underwriting, agency offering, financial advisor, or remarketing agent)

CA

State of California Sacramento/Sacramento County State of California Sacramento/Sacramento County State of Connecticut Hartford/ Hartford County State of Connecticut Hartford/ Hartford County State of Connecticut Hartford/ Hartford County Broward County School Board Ft Lauderdale/Broward County Miami Dade County International Airport Miami Dade County Illinois Finance Authority Springfield/Sangamon County Massachusetts housing Finance Authority Boston/Suffolk County

Negotiated Underwriting

CA

Negotiated Underwriting

CT

Negotiated Underwriting

CT

Negotiated Underwriting

CT

Negotiated Underwriting

FL

Negotiated Underwriting

FL

Negotiated Underwriting

IL

Negotiated Underwriting

MA

Negotiated Underwriting

III. State

ISSUERS with which dealer has engaged in municipal securities business (list by state) Complete name of issuer and city/county Type of municipal securities business (negotiated underwriting, agency offering, financial advisor, or remarketing agent) Negotiated Underwriting

NY

NYS Thruway Authority Albany/Albany County Dormitory Authority of the State of NY Albany/ Albany County City of Memphis Memphis/ Shelby County Lower Colorado River Authority Austin/ Travis County Harris Country Metro Trans Authority Houston/ Harris County

NY

Negotiated Underwriting

TN

Negotiated Underwriting

TX

Negotiated Underwriting

TX

Negotiated Underwriting

TX

Houston Independent School District Houston/ Harris County

Financial Advisor

Signature:

____________________________ Michael C. Murray, CEO Rice Financial Products Company . 333 Clay Street, Suite 3010 Houston, Texas 77002 . . .

Date:

July 31, 2008

.

Name: Address:

Phone:

(713) 650-1122

Submit two completed forms quarterly by due date (specified by the MSRB) to: Municipal Securities Rulemaking Board 1900 Duke Street Suite 600 Alexandria, Virginia 22314