EFTA01289201

a Deutsche Bank P.O Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIALUS 6130 RED HOOK QUARTER B3 ST THOM AS VI 00802 Otutt.tkr Lint PtIsair Ohre°. kg4.16 (met' Mulch (pt/art 610,4 Ow Niche east Mw Yon Oke 346 POI *verge. 3611• How Nnw 'mil l „If Clue December 1,2017 - December 31,20 f7 Account Number: Portfolio at a Glance This Period Year4wCialt Your Investment Specialist: BEGINNINGACCOUNT VALUE 391,289,150.11 3117,089,958.26 JOSHUA SHOSHAN Net Cash Deposits aid Withdrawals 60,000.00 -1,213,731.96 Net Securities lo/Out of Account 0.00 42,061,215.50 Adjusted Previous Account Value 97,349,150.71 63,795,008.80 Dividends, Interest and Other Income 216,609.63 3,240,411.59 Total Taxes Withheld 0.00 447649 Other Transactions -2,36 .402.36 Net Change in Portfolio' ,293,210.61 30,243,605.43 Armed 'Meted 5450,463.82 Estimated Annual Income 33,439,222.33 'Nef Change in Portfolio is the difference between the ending account value and beginning account value after activity. Asset Summary Percent Awl Type Prior Year-End tax Period %%Period 1% Cash, Money Funds, and Bank Deposits 15,864,445.94 4,375,270.63 823,820.96 p 27% Fixed Income 19.233.099.80 26,286,422.71 26,063,479.22 62% Equities 19,000,010.52 51,189,396.32 60,899,388.91 3% Mutual Funds 0.00 3.010.341.05 3,020,938.22 7% Exchange-Traded Products 2,972,400.00 6,427,720.00 8,444,920.00 100% Account Total (Pie Chart) $117,069,956.26 397,289,150.71 $97,272,547.37 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) BO $302i6r530O 25 NFIDO. L Rated EXCIIiiefit (my Yew Same 2007 MAAR WM COMMUNICATIONS EXCILSOICE Page 1 of 34 °awns thsougt Neaten I.LC. atalayievaned WfrOdialy of The Bank o4 New Yea Mellon Corporation (INY Malian) PerOinXII.C.rmtnto ItteRA.filV4PM_00046229 DEMSDNY-0009053 EFIA_00156838 EFTA01289201 Summary of Gains and Losses %abed This Period Vora-Dale Short-Term Gain! Loss Long-Term Gain! Loss Net Gain! Loss This summary excludes transactions where cost basis information is not available. For Your Information 10,129.02 15492.384.19 15.162.513.21 636,964.83 14,372,697.77 15.009.662.60 Unrealized 477,336 29 8.786.895.62 8,409,559.33 The European Central Bank (the' ECB" ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances. Exchange Rate Table Currency BRITISH POUND HONG KONG DOLLAR APANESE YEN 0.0088 112.6300 RANG 0.0808 12.3760 Exchange rates are based on interbank exchange rates as of 12/ 29/ 2017. Exchange rates can vary. USD Equivalent 1.3525 0.1279 Global Cash Olirenry per U99 Oarency 0.7393 APANESE YEN 7.8170 Total Global Cash Balance Money Market Fund Detail Closing Nesse -267.90 Amount in Base DA rent,/ U80 -2.37 42.37 Dale Activity Type Desalption Amount Bahia Sweep Money Market Fund DEUTSCHEGOVT CASH INSTL Current Yield 120% Activity Ending 12/ 29/ 17 12/01/17 Opening Balance 4.272.639.40 4.272130.40 11/01117 Deposit MONEY FUND PURCHASE 102.631.23 4.375.270 53 12/04/17 Withdrawal MONEY FUND REDEMPTION -158,500.00 4,216,770.63 11/05/17 Deposit MONEY FUND PURCHASE 156.714.76 4,373,485.39 12106117 Withdrawal MONEY FUND REDEMPTION -2,625,890.03 1,747,595.36 12/07/17 Deposit MONEY FUND PURCHASE 21.493.49 1.769.088.85 12108117 Deposit MONEY FUND PURCHASE 31989.68 1.801.978.53 11)11/17 Withdrawal MONEY FUND REDEMPTION -1.801.97893 0 00 12/11/17 Withdrawal SHARES REDEEM ED -86904 -866.04 11/11/17 Deposit ACCRUED DIVIDEND CREDIT 866.04 0.00 12112117 Deposit MONEY FUND PURCHASE 1,477,717.63 1,477,727.53 Page 2 of 3. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) 901002t6C630K5F ID Wed banal Clewing through PenhinglIC• awe, owned bery vex Since 2007 seteldlary a The Pak @thew Y.* Mellon DALIARPATEDCOMMUNICATIONS Caporal on (ltly Mem) EXCELLENCE Pt,hat t LC. mente onen.%4qa.GM-00046230 DB-SDNY-0009054 EFTA_00 156839 EFTA01289202 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Money Market Fund Detail (continued) )ecember 1,2017 - December 31,2017 SOUTHERN F1NA NCIAL LLC Date Activity Type Sweep M oney Market Fund (continued) DEUTSCHEGOVT CASH INSTL (continued) Desaiptioi Amount Una 12113/17 Withdraw al MONEY FUND REDEMPTION 416.860 04 960.867.59 12116/17 Deposit MONEY FUND PURCHASE 49,698 32 1810,565.91 12119/17 Withdraw al MONEY FUND REDEMPTION -346,682 85 663,883.06 12120/17 Deposit MONEY FUND PURCHASE 470.00 664,353.06 12127117 Deposit MONEY FUND PURCHASE 61A95 89 725,848.95 12128/17 Deposit MONEY FUND PURCHASE 35.681 25 781,530.20 12129/17 Deposit MONEY FUND PURCHASE 25,228.03 786,758.23 12129/17 Deposit 525.30 767,283.53 INCOM E REINV EST 12/29117 Closing Balance $787,283.53 Total All Money Market Funds $787,283.53 Income and Expense Summary °Merl Peilod Yetloale 'ramble Non Taxable Teti Se Taxable Dividend Income Equities 13,500.00 0.00 1,018,015.34 0.00 Money Market 1,391.34 0.00 103,941.83 0.00 Other Dividends 163,027.71 0.00 1,065,223.52 0.00 Interest Income Bond Interest 38,690.58 0.00 426,560.60 0.00 Other Interest 0.00 0.00 139,834.48 0.00 Expenses Margin Interest 0.00 0.00 0.00 4.63 Withholding Taxes 0.00 0.00 4,076.09 0.00 Fees( Foreign Securities) 0.00 0.00 400.00 0.00 Total Dividends, Interest, Income and Expenses $216,609.63 $0.00 $2,747,199.68 44.63 Distributions Alternative Investments 0.00 0.00 0.00 486,840.45 Other Distributions -2.36 222.19 4.36 23,618.30 Total Distributions 42.36 $222.19 42.36 $510,458.75 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) BO 10 0 24 2CSF300 25 CONFIDO. L Page 3 of 31 Rated ElOillent (my Teat Santo 2007 DMIAR ItATV3 COMMUNICATIONS !ACRID< E Covina through Penbng IIC nib./ evened subsidiary of The Mak eiller Vat Mellon CarpontIon (OM Melba) Peri hnx it F MAAR; YLELGM-00046231 DB-SDNY-0009055 EFIA_00 856840 EFTA01289203 Portfolio Holdings U.S. DOLLARS Opening Dale CASH, MONEY FUNDS, AND BANK DEPOSITS Cash Balance 102,631.23 Margin Balance 0.00 Money Market DEUTSCHE GOVT CASH INSTL 12/01/17 787,283.530 N/A 12/29117 4272.639.40 Total Money Market $4,272,639.40 TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $4,375,270.63 Account Nastily Number Adivity Ending Opening Balance Chip Wince Accrued Income Income This Yes 30-Day Current Yield Yield Oile Acquired Ordatey Una Cal FIXED INCOME (fit Maturity Date Sequence) °Asset Backed Securities WASHINGTON M LIT IITGSECSCORP 2004•RA2 TG PASSTHRU CTFCLC-8-1VARRATE 6.997%07/251338/E DTO 0510104 Factor 0.39847927 Effective Dele:12/0/11 Current Face Value: 56,038258 12/13113 ." 2 1,290,000.000 76.5190 Adjusted Coil Bath Market Prke 7,000.00 29,539.80 787283.53 $787,283.53 $823,823.33 Market Vslue 0.00 103.941,83 1.10% 120% $0.00 $103,941.83 $0.00 $103,941.83 lamesized Acctued Estimated Est Sled %Mass lateral Annual Income Yield Total Asset Backed Securities 1,290,000.000 Total Current Face Value: 514,038.258 Corporate Bonds CITIZENSCOM lAUNiCATIONSCO SR NT FULLY EXCHANGED FROM 174538AX9 7.25%03,SIS DTD 03/23107M oody Rating 8358 P Rating 8 10103117 1,000,000.000 100.0850 Security Idatifier-939336S20 393,334.91 91.8780 Original Cost Basis: $638,906.71 $393,334.91 472288.07 Security Identifier: 17453BAW1 1,000,849.05 96.0000 Original Cost Basis: VW 01006.00 FRONTIERCOMMUNICATIONSCORP Security Identifier: 35906AAH1 SR NT FULLY EXCHANGED FROM CUSP 8500%04/V20 WE DID 04/4/13Moody Rating 83 S$ P Rating 8 10/11/17 1,000,000.000 98.7510 987,506.00 83.0000 Original Cost Basis: 6987.50680 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) $472,288.07 960.000.00 830.00000 78,953.18 2,997.49 $78,953.16 $2,997.49 $0.00 40.849 05 20,979.17 71.250.00 742% •157.506.00 17.944.44 85.000.00 10.24% 90100242CSF3002 CON5FIDOP Rated tactile.% trey Yew Since 2007 DALIARIATI0 COMMUNICATIONS (XCILUNCI Page 4 of 3' Cleanng through Pershing LC. a *lay evened stall." a The Bank el New Yak Meta CancatIon Ma Mao) Per 91. inx 11.C. menbt• ormA.SCAt4XatelL 00046232 DE1-SDNY-0009056 EFTA_00 56841 EFTA01289204 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) December 1,2017 - December 31,2017 SOUTHERN FlNA N CIA L LLC Date Acquired Quantity Unit Cod FIXED INCOM E (continued) Corporate Bonds (continued) BARCLAYS BK PLC CONTINGENT CAP NT 'SINS US06739AIK03 1.750% 04110123 8/E DID 04/9/13CALLABLE04/DISSS P Rating 81. 04/03/13 T2- 13 300.000.000 100.0000 Adjusted Cud Basis Market Price Market Value EXELA INTER LLC I EXELA FIN INC GTO FIRST PRIORITY SR SECO NT 144A D.000% 071$/23 8/E DID 07/12/17 CA.BMoody Rating 83 55 P Rating B 10/24/17 2,000,000.000 97.0250 DS INVTS GM BH GT0 SR NT REG S 'SINS U5429866453 7250% 04103124 BIE DID 04/03/515 5 P Rating B 10131/17 2,000,000.000 99.0650 Security Identilie4:06739FFIKO 300.000.00 101.5000 Original Cost Basis: $300.000.00 Security Identifier 30 S2RAA9 1,940,506.00 97.2500 Original Cost Basis:61940306.00 Security Identifier: A2986645 1,981,300.00 98.2500 SERVICEMASTER CO NT 7250%03/05'38 B/E DID 03102/98 ET CPN DTE 09/0198 CPN PY T Sall ANNUAL ON IMPOUND SEPO%loody leafing 02 $6 P Rating B Original Cost Basis: $198t300.00 Security Identifier: 817601185 10/18/17 1,000,000.000 103.9830 1,039,829.52 102.2500 Original Cost Basis: $1040,006.00 10/19/17 350,000.000 103.9850 363,946.84 102.2500 Original Cost Basis: $364,00600 10/20II 7 80,000.000 103.9910 83.192.66 102.2500 Original Cost Basis: 58320600 10/31/17 70,000.000 103.9940 72.795.72 102.2500 Original Cost Basis: $72,806.00 Total Covered 1,500.000 000 1,559,764.74 Total 1,500,000.000 $1,559,764.74 304,500.00 1,945,000.00 1.965.000.00 1,022,500.01 357,874.99 81.799.99 71.575.01 1,533,750.00 $1,533,750.00 Jntealized Gair Loss hayed Estimated Estimated totem( Annual Income Yield 4,500.00 5231.25 23250.00 7.63% 4,494.00 93,688.89 200,000.00 10.28% .16,300.00 35,041.67 145,000.00 7.37% -17,329.51 24,166.67 72,500.00 7.09% 1,071.85 8,458 33 25,375.00 7.09% -1.392.67 1.933.33 5,800.00 7.09% -1.220.71 1.69117 5,075.00 709% -26,014.74 36,250 00 108,750.00 426,0104 $36,250.00 $108.750.00 Page 5 or 3' CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) BO 10 2.663 (NSF ID Rated [smitten trey Year Since 2007 DAMIARMITO COMMUNICATIONS EXCLIAINCI Clewing Heater halms1SC a vAok owned sobsidiary of The Bank a New Yorlg Mellon CarporatIon (MY Mellon) Periling 11C. tar ot,RA.W.s.q2t.GM-00046233 DB-SDNY-0009057 EFTA 00156842 EFTA01289205 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Clarity Unit Cost FIXED INCOME (continued) Corporate Bonds (continued) ,PM ORGAN CHASE& CO DEP SHSREPSTG PATH PFD SER 1 FIXED TO RIG RT BD 7900%04/29/49 MOTO 04123/08M oody Rating 8AA3 S P Rating BBB- 08115111 " 12 2.500.000.000 107.5000 06/15/11 " 12 2,500,000.000 107.0000 Total Noncovered Total 5,000,000 000 5,000,000.000 BANK AM ER CORP PERP NON CAM ULATIV E DEP SUS FIXED TO FLOAT 8.25% 04130/58 BJE DID 04130108 CALLABLE05/VMM oody Rating BA2 St P Rating BBB- 01/10111 '.3-52 2.000.000.000 102.7500 SOUTHERN CAUF EDISON CO PREF SER E 6.250% 0117162 WE DID 01'1712 CALLABLE 0210122 © AO 000 M oody Rating BAA1 S8 P Rating BBB- 01130112 ',3 ° 3,000,000.000 99.8800 GENERAL ELEC CO GTD FXD-TO-R.TGRT NON-CUMULATIVE PERPETUAL PREFERRED 4.000% 12/03/65 REG OTD 2/03P6Moody Rating A3 S8 P Rating BBEP 12103115' 2.489.000.000 88.0930 5LLOYDS8ANKING GROUP PLC FXD RATE RESET AD DI TIER1SC-CS 'NO V55394398642 7.500% 04127/88 BIE DM 04107/1458 P Rating 08- Please Provide • 1,903,000.000 N/A Adjusted Cost Pals Market Rice Security Identifier: 46625HHA1 2.687.500.00 101.2500 Original Cost Basis: $2687,500.00 2,675,000.00 101.2500 Original Cost Basis: $2675.000 00 5.362.500.00 $5,362,500.00 Security Identifier: 0605050T8 2.055.000.00 102.0000 Original Cost Basis: $2055000.00 Security Identifier: 842400 FU2 2,996,392.72 109.2600 Original Cost Basis: $2.992.564.97 Security Identifier:3696046144 2,175,016.17 97.2100 Original Cost Basis: $2.05.01.4 Security Identifier: 539439A04 Please Provide 113.3750 Original Cost Basis: Please Provide CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) Market Value 2.531.250 00 2,531,250.00 5.062.500.00 $5,062,500.00 2.040.000.00 3,277,800.00 2.400.114.90 2.157.526.25 Unrealized Oainiloss Acaued Estimated EstInsaled Interest Annual name Yield -156.250.00 32.916.67 197.500.00 7.80% -143,750.00 32,916.66 197,500.00 7.80% -300,000.00 65.833 31 395,000 00 4300,000.00 $65.833.33 3395.000.00 -15.000.00 20.763.89 162.500.00 7.96% 281,407.28 78,125.00 187,500.00 5.72% 225,098.73 4,389.33 98,760.00 4.11% N/A 1,585.83 142.725.00 6.61% BO /3 0 62 C630K5 F ID Rated Ene4lent (my Year Since 2007 DAMAR RATIO COMMUNICATIONS EXCIILLINCE Page 6 of 3' Glenn& tivough Pershing LW. a .holy owned subudiary of The lank a New York Mellon Corporation (SNY Mellon) ‘II•libe Bs )(2 ay6 Nero ym 58 _000004960234 D EFTA_00156843 EFTA01289206 Deutsche Bank P.O. Box 1776, Baltimore. MD 2 12) 3 Portfolio Holdings (continued) U.S. DOLLARS (continued) December t 2017 - December 31, 2017 SOUTHERN FINANCIAL LLC DateAcquired Outstay Unk Cost FIXED INCOM E (continued) Corporate Bonds (continued) CITIGROUPIK FAD RT SR NT PERP DEP RECPT 5950% 001646 Bf E D7006112/6 CALLABLE0815/20 4) 130.0001400dy Rating BA2 SI P Raling 8B• 08/08/15 3.000.000.000 100.0000 Total Corporate Bonds 25,172,000 000 TOTAL FIXED INCOME 26,482,000 000 CiateAcquind Quantity Unit Cod EQUITIES Common Stocks BROADCOM LTD SHSISINO SC999908823 Dividend Option: Cash Adjusted Cost Basis Market Price Murat VS. Unrealized Gain Loss Awued Estimated F9imaled Interest Annual Income Yield Security Identifier 17296725 3.000.005.99 104.5000 Original Cost Basis: $3,000,006.00 3,135,000.00 134,994.01 67,433.33 178,500.00 589% $23,358,840.67 $25,611,191.15 $94,824.23 $447,466.13 $1,798,235.00 $23,752,175.58 Cod Bads Market Pike $26,083,479.22 Mutat Value $173,777.39 Unmixed alarms $450,483.82 $1,798,235.00 Stied NSW Animal Income Yield Security Identifier: AVG° CUSP: Y09827119 09129/17 2,0001 485,814.78 256.9000 513.800 00 27 985 22 14,000.00 2.72% 10113117 2,000 499,916.68 256.9000 513.800 00 1382332 14,000.00 2.72% Total Covered 4,000 000 985,791.46 1.027.600 00 41,808.54 28.000 00 Total 4.000 000 5985,791.46 $1.027,600 00 $41,808.54 528.000 00 ADVANCED M ICRO DEVICES INC COM Searcy Identifier: AND Dividend Option: Cash CUSP 007903'07 50900,00 of these shares are in your margin account 00/15/17 20,000.000 12.2810 245,812.36 10 2800 205.600.00 40,012.36 12115117 30,000.000 12.2300 366,912.57 10 2800 300.400.00 48,512.57 Total Covered 50.000 000 612.524 93 514,000 00 48,524.93 Total 50.000 000 5612 524 93 $514,000.00 498,524.93 $0.00 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) SO 13 0 242 C SP3 CON0 0 25FIDO. L Page 7 of 31 Rated Eacelient Clewing through ltreldis arc wady evened Every Year Since 20O7 sateldiacy a me Mak a New Yea* Mellon DAUIAR RATED COMMUNICATIONS CerpontIon(atlY Mellon) LRCM MCC Perfhnx 11.C.rnott• iineisiONEAGM-00046235 D13-SDNY-0009059 EFrA_00156844 EFTA01289207 Portfolio Holdings (continued) U.S. DOLLARS (continued) Dale Acquired EQUITIES {continued) Common Stocks (continued) ALIBABA GROUP HLDG LTD SPONSORED ADS 'SINS US0109W1327 Dividend Oplion. Cash Quantity Unit Cog Cost Basis Market Price Market Value Unrealized °Silos Estimated Estimated Annual Income Yield Security Identifier. BABA CUSP. 0 809W 1:12 06110115 5.000.000 88.9500 444.749.00 172.4300 APOLLO GLOBAL M GM T Lie CL A SHS Dividend Oplion: Cash Sturdy Idenlifier: APO CUSIP 03762306 03/29/11'm 263.157.000 19.0000 4,999.983 00 33.4700 APPLE INC ODM Dividend Oplion: Cash Security Ideatifier. AAPL CUSP: 037833100 12/07/17 214,000.000 169.8140 36,340,223 40 169.2300 BASF SE SPONSADR ISINI US0552625057 Dividend Oplion: Cash Securily Identifier: BASFY CUSIP 055262505 04/13/15 20.000.000 25.4030 508.056.00 27.4700 BARRETT BILL CORP COM Dividend Oplion: Cash Security Identifier. BBG CUSP: 06846ND4 12/06/17 3,400.000 5.0000 17,000 00 5.1300 MOGEN IDEC INC COM Dividend Oplion: Cash 02114112 ' •3 GEN/ENECORP DEL COM Dividend Oplion: Cash Security Identifier- BOB CUSP 09062X133 231.019 65 318.5700 Security Identifier. CNC CUSIP.15151131 09108114 15,550.000 63.6450 989,679 75 100.8800 FACEBOOK INC CL A Dividend Oplion: Cash Security Idenlifiet FB CUSP. 30303M 1:12 05/17/12 " 3 11.500.000 38.0000 665,000 00 176.4600 GILEAD SCIENCES INC Dividend Oplion: Cash Security Identifier. GILD CUSP: 37555893 02105114 5.000.000 79.2810 396.407 00 71.6400 03107114 3.100.000 79.6120 246,797 00 71.6400 10124117 4,400.000 80.0900 352,395 71 71.6400 Total Covered 12,500 000 Total 12,500.000 995,599 71 $995,599.71 862.150.00 8,807,864.79 36,215,220.00 549.400.00 17.442.00 667.404.15 1.568.684.00 3.088.050.00 358.200 00 222,084.00 315,216.00 895.500.00 $895,500.00 417.401.00 3,807,881.79 486.840.45 5.52% -125,003.40 539,280.00 1.48% 41,344.00 12.092.12 2 20% 442.00 436,384.50 579,004.25 2.423.050.00 -38,207.00 10,400.00 290% -24,713.00 6,448.00 2.90% -37,179.71 9,152.00 2.90% -100,099.71 26,000 00 4100,099.71 $26,000.00 Page 3 of 3' CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) B010 02t6C630K5F ID0 Rated Galls. Clewing through PeaNnglIC. a udb" owned bay yew Since 2007 Smola, of The Melt OW. Yak Mellon DAIUAR£ATTDCOMMUNICATIONS Corporation (My Mew) EXCIaltha Pennine ltC.n.tater FIKRA.W.Ofuet9M-00046236 DB-SDNY-0009060 EFTA_00156845 EFTA01289208 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired EQUITIES (continued) Common Stocks (continued) VOU(SWAGEN A GADR (WOWS) Dividend Option: Cash 04/13/15 09/21/17 Total Covered Total 29.000.000 Total Common Stocks Preferred Stocks (Listed by expiration date) GIAAC CAP TR I GTO TR PRI SECS SER 2 ON- 8.25% FREO ORTLY M ATY-02/ 1/2040 CALL ANYTIME/25 W130 DAYS BEGINS02/1/13 Dividend Oplion: Cash 02122112 '° 80,000.000 Total Preferred Stocks Options CALL 90 TIMEWARN IWC NEW COM NEW DIP 011-1410.000 OPTION ROOT= MX December 1,2017 - December 31,2017 SOUTHERN FINANCIAL LLC Dustily Unk Cost Cosa EMS Market Price Market Value Unmated GAOL= Estimated La imaled Annual Income Yield 5.000.000 24,000.000 29,000.000 50.8610 34.1880 254,306.00 820,503.00 1,074,809.00 Security Identifier: VLKAY CUSP:928662303 40.4350 40.4350 202.175 00 970.440 00 1,172,615 00 $1,074,809.00 $47,864,435.90 Security Identifier: ALLY PRA CUSP 36160208 23.5350 1,882,773.60 25.9500 $1,882,773.60 10/13/17 10.000 4.5360 PUT 130 GILEAD SOENCESINC EXP 01S-1/75.000 OPTION ROOT: GILD -25.00 of thesecoatracts area short position 12115117' -125.000 1.6790 PUT DO GENERAL ELECTRIC CO COM EXP 0114013000 OPTION ROOT= GE -250.00 of these conliads area short position 12/05/17 -250.000 0.8600 Option Identifies 990AHOGHJ Underlying Security Identifier: TW X Underlying Security Price: $91.47 4.536.00 0.0600 Option Identifier: 990A11114K Underlying Secaiity Identifier. GILD Underlying Security Price: $1164 -20.993.50 3.5600 Option Identifier: 99GAHUOJU Underlying Security Identifier: GE Underlying Setaley Price: S0 .4S 41,493.49 0.6800 CONFIDENTIAL — PURSUANT TO FED. R CRIM, P. 6(e) -52,131.00 149,937.00 91,806.00 691,808.00 $1,172,615.00 $55,385,929.94 2,076,000.00 $2,076,000.00 60.00 44.500.00 -17000.00 $7,521,494.04 193,226.40 $193,226.40 4,416.00 43,506.50 4,493.49 DA 10 0 24 2C SF3 CO0 0 N25FIDO. L 1,706 59 8.191 66 9,898 25 $9,898.25 $1,102,110.82 084% 084% 147,216.00 7.09% $147,216.00 Page 9 of 3'' Rated ficellent Cleanng %Mr Pealing11C a voilay awed Every Year Since 2007 Mallory of The Mak of Yoh Melba DALBAR RATED COMMUNICATIONS CarpontIon (MY MeNon) VICILLINCI Pe„ Einar 11.C. rret-to 00046237 DE-SDNY-0009061 EFrA_00 156846 EFTA01289209 Portfolio Holdings (continued) U.S. DOLLARS (continued) Ode Acquired Nudity Oa Cod Cod Bat Maker Price dirket Value Untested Genloss Ealleseled Winded MaudIncome Yield EQUITIES (continued) Options {continued) CALL 100 BROADCOM LTD SHS Option Identifier 990A1111 *Mt $03999011023 E P 011346260 000 Underlying Security Identifier: AVG° OPTION ROOT: MOO Underlying Security Price: $256.90 -20.00 ol these contracts area shod position 12/15/17 ' -20.000 10.5630 -21.126.51 4.6700 -9,340.00 11,786.51 CALL 130 BROADCOM LTD SHS Option Identifier: 990AM C2D7 ISINt S699990%823 CO 024.1341250.000 Underlying Security Identifier: MOO OPTION ROOT: AVGO Underlying Security Price:5256.90 .20.00 of these contracts area short position 12/15117 ' -20.000 18.4020 -36,803.14 14.5000 -29,000.00 7,803.14 CALL MO SFORS&P 500 ETF TR TR UNIT Option Identifier 990AILYLG CO 03-13-14270.000 OPTION ROOT: SPY Underlying Security Identifier: SPY Underlying Security Price: 3266.86 12111/17 900.000 2.9200 262,806.00 2.9500 265,500.00 2,694.00 Total Options $168925.36 3165 720.00 41 205.38 $0.00 TOTAL EQUITIES $49,914,134.86 $57,627,649.94 $7,713,515.08 $1,249,326.82 nests Eallesered Esthared Dale Aceeked QuestIty Unil Cosl Cod Bids Maker Price Market Value Conlon Annual Monte Yield M UTUAL FUNDS SIAORGAN FLOATING RATE INCOME MO Security Identifier. PHSX CLASS I CUSIP. 4821.59 Open End Fund Dividend Option: Reinvest; Capital Gain Option: Reinvest 09126117 318.809.777 9.4100 3,000,000.00 9.3800 2,994435.72 4,564.26 112,919.23 377% Reinvestments to Date 3,251.867 9.3920 30,542.98 9.3800 30,502.50 40.48 1,151.78 3.77% Total Covered 322,061.644 3,030,542.98 3,020,938.22 4,604.76 114,071.01 Total 322.061.644 53,030,542.98 53.020.938 22 -39.604 76 5111.071.01 TOTAL M UT UA L FUN DS $3.030.542.98 53.020 938 22 49 604 76 3114.071.01 Untaxed Estimated Estimated Date Acquired Quantity Una Cod Cod Bads Mond Rice Market Value maltose Annual Income Yield EXCHANGE-TRADED PRODUCTS ISHARES INC MSQ SOUTH KOREA Elf Dividend Opt ion: Cash: Caudal Gains Option. Cash 11103117 13.000.000 75.8460 &tardy Identifier DV Y CUSP. /6/286772 985,996.98 74.9300 CONFIDENTIAL - PURSUANT TO FED. R CRINI. P. 6(e) 974,090.00 -11,906 98 BO 10 0 24 2C SF30 0 25 CONFIDO. L Rated Eaceilent (my Year time 2007 DMIAR IMO COMMUNICATIONS EXCILlatta 28.291 14 290% Page 10 of 31 Cleating through Penang IIC *tab./ evened sateldiery of Tl,e Bank a New Yeelt Melee Ceoporatton (IINY atelloo) Per ihnx 11.C.nntrber l a) DB-SDNY-0009062 EFrA_00 156847 EFTA01289210 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired EXCHANGE-TRADED PRODUCTS (continued) 'SHARES TR CHINA LARGSCAPETF Dividend Option: Cash; Capital Gabs Option: Cash 11103117 21,000.000 46.3690 !SHARES INC MS:l TAIWAN ETF Dividend Option:Cash:Capital Gains Option: Cash 11/03(17 26.000.000 37.9690 WISDOM TREE TR APAN HEDGED EQUITY FO Dividend Option: Cash; Capital Gaels Option: Cash 60,000.00 of these shares are in your margin account 12111/13 60,000.000 49.4350 TOTAL EXCHANGE-TRADED PRODUCTS December 1,2017 - December 31,2017 SOUTHERN FINANCIAL LLC Nastily Unit Cod Cod Bads Market Rice Market Value TOTAL U.S. DOLLARS BRITISH POUND Security Identifier FXI CUSP:46428714 973,747.44 46.1700 Security Identifier: BUT CUSP:464346772 987.205.46 36.2100 Security Identifier. DM CUSP: 9771W851 2,966,098.50 59.3300 969 570 00 941.460.00 3,559,800.00 $5,913,048.38 Cod Bads $83,433,725.13 $6,444,920.00 M alter Value $94 000,810 71 Unrealized GaIntLess Estimated Estimated Annual Income Yield 4,177.44 22,422.26 2.31% 45,745.46 26,491.55 2.81% 593,701.50 82,039.80 2.30% $531,87152 $159,244.75 Unrealized Gain Loss $8 409,559 33 Accrued Interest 34 50 463 62 ourriptkri (hardily Market Rice Market Value Currency EQUITIES Common Stocks NESC HOLDINGS PW ORD MS 24,800 000 7.6690 190.191 20 GBP ISMS GB0005405286 257233 59 USD Security Id midis: HSBA:GB CUSIP:04634U19 Total Common Stocks 190,191.20 CO) 257,233.59 USD TOTAL EQUITIES 190,191.20 GBP 257,233.59 USD CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) BO 13 024 2CSF3 CO0 0 N25FIDO. L Estimated Annual Income $3,424,819.41 Estimated Yield Page 1) of 3' Rabid hottlent Clewing through Pagel% I1C *aka/ owned (very Year Since 2007 Molar! of The kalcoMer Vat Mellon DALIAR RATIO COMMUNICATIONS CancratIon ('NY Mellon) LICILLINCI Perihnx 11.C.erwf-tan ineenctrRnateM-00046239 DB-SDNY-0009063 EFTA_00156848 EFTA01289211 Portfolio Holdings (continued) BRITISH POUND (continued) Accrued Market Value Cerrenoi interest TOTAL BRITISH POUND 190.191.20 Se 0.00 257,233 59 USD 0.00 HONGKONGDOLLAR Description Ouenlity Meat PIS Market Value Currency Btimated Estimated Annual Income Yield EQUITIES Common Stocks LONKING HOLDINGS LTD SHS 710,000.000 3.4300 2.435.300.00 FIND 44.019.87 1.80% 'SINS KYS5636C9713 311.538.06 USD 5.631.30 Security Identifier: 3339:11K CUSP G5636C07 NINE DRAGONS PAPER HOLDINGSLTD SHS 111.000.000 12.5200 1,802,880.00 HKD ISMS BM G653131305 230.635.15 L150 Security Identifier 2689:11K CUSIP. 06531130 ZTECORPSHSH INN* CNED00001Y2 79,600.000 29.3500 2,072,110.00 HKD Security Id eel Wier 76311K 265,076.74 UM CUSP. Y0004 F135 ANHUI CONCH UM ENT CO LTD SHSH 52,500.000 36.7500 1,929,375.00 HKD 31,510.33 1.63% C,NEt00001/12 246.817.20 USD 4,031.00 Security Identifier 911:HK CUSH>. Y01373132 BANK OF CHINA LTCBEIdNGSHSH 512,000.000 3.8400 1,966,080.00 HKD ISHII CNE13000025 251,512.32 UM Security Identifier 399811K CUSP Y0698A137 CHINA COMM UNICATIONS CONSTRUCTION COMPANY 224.000.000 8.8800 1.989.120.00 HKD LTD SHS H CNEM00002F5 251.459.97 BO Security Identifier 1300 NK CUSP YR36,1138 DONGFANG ELECTRIC CORPORATION LTD 150,200.000 6.1100 962.782.00 HKD SHSH INNS CNED0000301 123.164.75 11W Security Identifier 1)72:HK CUSIP. Y2095807 WBCHAI POWERCO LTD H 228.000.000 8.5600 1,951,680.00 HKD ISINICNE900004L9 249,670.49 USD Security IdeelWier:2338:11K CUSIP. Y95314'09 Page '2 of 3' 60100242CSF3002 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CON Ape 5 L-- Rated 4mM:on (Ivy YCO/ Since 2007 DAllIAR RA 110 COMMUNICATIONS EXCiLLINCI Orin not* Paulen (I a ~yawned istaldiary of TM Bank el New Yet Mellon exponglon (atly Mallon) Pereira 11.C. mere« IthRA.gaelYa.GM-00046240 DB-SDNY-0009064 EFTA_00 156849 EFTA01289212 Deutsche Bank P.O Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) HONG KONG DOLLAR (continued) December 1,2017 - December 31,2017 SOUTHERN FINANCIAL LLC Description Ovataity Merkel Pike \Watt Value Cliff 00/ EQUITIES (continued) Common Stocks (continued) ZHUDI0U CRfte mi ES EtECTRIC CO LTD WS 43,400.000 50.8500 2,206,890.00 HKD -H. ISNICHED00004X4 282,318.61 USD Security Id Hillier. 3898:11K CUSP. Y9892ND4 Total Common Stocks 17,316,217.00 HK0 2215,193.29 USD TOTAL EQUITIES 17,316,217.00 HKD 2,215,193.29 USD Market Value Curfew Estimated Estimated Annual Income Yield 75,530.20 9,662.30 75,530.20 9,682.30 Accrued Edintated Intend Annul Insane TOTAL HONG KONG DOLLAR 17,316,217.00 HKD 0.00 75,530.20 JA PA N ESE Y EN Desaiption CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance Quantity 2,215,193.29 USD 0.00 9,662.30 Opening Closing Accrued 30-Day Salome Balance Currency Income Yield 0.00 -267.00 JPY -2.37 USD TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 0.00 -267.00 JPY 0.00 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) -2.37 USD 0.00 PO 13 0 24 2CSF3 CO0 0 N25FIDOs L Rated ticellent tray Year Since 2007 DA{ VAR RA Ten COMMUNCATIONS maniacs Page 13 of Cleanng through hob% LC. awl.* evened sobsidiary of The Bank N Net Yak Mellon CarporatIon (IINY MOW Per ihnx 11.C. mn-tan iii AAVVELGOA-00046241 DEl-SDNY-0009065 EFTA_00156850 EFTA01289213 Portfolio Holdings (continued) JA PANESE YEN (continued) Oescription OvaMity Market PM Market Value Currents Estimated Annual Income Estimated Yield EQUITIES Common Stocks NAIITES03 03RP TOKYO SIM LTD 6,300.000 4,320.0000 27,216,000.00 JPY 428.369.06 1.57% MINI Y36529001 241.623.65 US) 3,803 33 Security Identifier. 6268:8 CUSP:447070N Total Common Stocks 27,216,000.00 JPY 428,369.06 241,623.65 USD 3,803.33 TOTAL EQUITIES 27,216,000.00 JPY 428,369.06 241,623 65 USD 3,803.33 Asaved Estimated Market Value Currency lateral Maul Mane TOTALJAPANESEYEN 27,215,733.00 JPY 0.00 428,369.06 RAND Description EQUITIES Common Stocks NASPERS UM ITED LTC 2.000 000 3.451 0000 6,902,000.00 ZAR 11,599.90 0.16% 241,621.28 USD 0.00 3,803.33 Sawed Estimated lbanlity Nadal Prim Market Value Currency Maul lame Yield ISINSZAE0000t889 Security Id anther. NAPRE COSIP: S5343503 551,688.50 USD 931.29 Total Common Stocks TOTAL EQUITIES 6,902,000.00 MR 557,688.50 USD 6,902,000.00 MR 557,688.50 USD Market Value Curtenoi TOTAL RAND TOTAL PORTFOLIO HOLDINGS - U.S. DOLLARS 8,902,000.00 ZAR 11,599.90 937.29 11,599.90 937.29 Acaued Ettlasated Interest Mini Income 0.00 11,599.90 557,688.50 USD 0.00 937.29 Untreated Acaued Whaled Coat Bade Martel Value Galician Intend Annual Income 983,433,725.13 $97,272,547.37 98,409,559.33 $450,463.62 93,439,222.33 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) 80 13 0 62 060U F ID Page 14 of 3' Rated timeliest Clewing three* Peaking IIC *ISO/ evened trees Year Since 2007 estaldiary of The task el New Vest Mellon DALIAR WED COMMUNICATIONS CarpotatIon (IINY Mellon) LICalltteCt PerOing nett/ FINRAARIVELGOL 00046242 DB-SDNY-0009066 EFTA_00 I 56851 EFTA01289214 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) December 1,2017 - December 31,2017 SOUTHERN FINA NCIAL LLC • Noncovered under the tost basis rules as dehned below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entit Isis are not subject to the cost basis reporting rules set forth m the Interne' Revenue Code of 1986, as amended bythe Emergency Economie Stabilization Act of 2008. and are marked as "noncovered" Securities marked as "covered-, were identified as securities potent ially subject to the cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities aredisposed. Note: In the event wherewe cannot easily determine the taxability of an account, we may merk the account as covered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments. or principal paydowns. The calculation Is based upon the taxpayer election, type of fixed income security, and certain ettributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may be a temporary incorrect adjusted cost basis reflected untilthe cost basis system is amended to rellect the change. These calculations will not be performed under certain circumstances. including these involving foreign bonds. bonds sold short or bonds issued with less than one year to maturity This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of Ibis security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo fhe accuracy of fhis information. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. e The Current Face value represents the outst anding principal balante of the underlying security. The Current Face value isdetermined by multiplying the current factor Eimes the original face amount of the securify. Factors may change over time and are obtained from sources we believe fo be 12 Pershing has received updafed tost basis information, therefore cost basis provided on previous dient brokerage Nafementsmay differ from the new tost basis reported in this section. 13 The cost basis of this security has been provided to usbythe dedivaring firm or transferring agent and Pershing makes no representation as to the accuracy of fhis informafion. Holdings Summary by Currency adrency Gel Fixed Inosme Equities Mutual Funds Exclungaraded Funds Total by Ontency U.S. DOLLARS 823.823 26,083.419 57,627.649 3,020,938 6.444.920 94.000.810 USD BRITISH POUND 0 0 190,191 0 0 190,191 GBP HONG KONG DOLLAR 0 0 17,316.217 0 0 17.316.217 HKD APANESE YEN -267 0 27.216.000 0 0 27.215.733 JPY RAND 0 0 6,902.000 0 0 6,902.000 ZAR Total USO Equivalent 823.820 26,083,479 60.899,388 3,020,938 6,444,920 97,272,547 USD % of Allocation 1% 27% 62% 3% 7% 100% BO 10 0242CSP300 2 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDe 5 L- Rated Gotik« Even/ Yeat SInce1007 DMIAR RATEDCOMMUNICA110115 LetUDICE Page '5 of 3' ca in through Peninnt LLC, a tdely owned tateelary of 71,e Unk ei New Vatit.A.nen Corporation (IINY Perleim U.C. neuer FIKRA.M49y,,,ero_00046243 DB-SDNY-0009067 EFTA_00 156852 EFTA01289215 Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market prices. unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total. THE AS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results These figures are computed using information from providers believed to be reliable: however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making investment, trading. or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness. timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions. regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for investment purpose Credit ratings should not be relied upon as investment advice. Page 16 of 3' 801002.6C630_0Z5 NFIDFFITAL CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Rated Ein4lent Every Year Sine 2007 DALBAR RATED COMMUNICATIONS VIM I. MCC Clown& through Persbn LLC • Say ~ad subudiary of me Bank ol Mew Y.:4 Melba Corporation18NY Mellon) tic. mntft ‘11•RA.gWrillteM 00046244 _ DB-SDNY-0009068 EFTA_00 156853 EFTA01289216 Deutsche Bank P.O Box 1 7 76, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period )ecember 1,2017 - December 31,2017 3OUTHERN FlNA NCIALLLC Desaiptke Dale Disposed Date Acquired Designation Disposition Method/ Ttaasadlon Quantity Meads Cod Bait Realized Gain Loss Short Term SM ART GLOBAL HLDGS1 12106/17 11/30/17 Covered Rrst In First Out / SELL 1.800.000 49,967.68 60.300.00 -10.332.32 Security Identifier. 68232YDI AMERICAN AXLES MFG 12/13/17 12112/17 Covered Rrst In First Out / KU 1700.000 29250.32 28.900.00 350.32 caM Security Identifier. 0240611)3 LEXINFINTECHHLOGSL 12121/17 12121117 Covered First In First Out! SELL 1,200.000 14.281.66 10.800.00 3,481.66 Pit VS5188771334 Security Identifier. 52887793 CALL GILEAD SCIENCES 12118117 10/24117 Covered Rrst In First Out / EXPIRE OPT 587 40.000 7,880.81 0.00 7,880.81 85.00 Security Identifier. 990AKP6JT PUT GILEAD SCIENCES 12/18117 10124117 Covered Prat In First Out! EXPIRE OPT SHT 45.000 7,476.82 0.00 7,476.82 75.00 12/18117 10/24/17 Covered First In First Out! EXPIRE OPT SHT 40.000 6,958.83 0.00 6,958.83 Security Identifier. 990AKP6KH Total -125.000 14,435.65 0.00 14,435.65 CALL GILEAD SCIENCES 12118/17 10/24117 Covered Fast In Fits' Out / DFIRE OPT SHT 45.000 13,443.68 0.00 13,443.68 82.50 Security Ideatifier:990ALHGAB CALL BROADCOM LTD SH 12/15117 09/29117 Covered Ant In First Out! BUY .20 000 20,698.52 24288.00 -3,587.48 250.00 Security Identifier:9912AL09FM CALL BROACCOM LTD SH 12/15117 10/13117 Covered Ant In First Out! BUY •20.000 15,828.63 10,798.00 5,032.83 260.00 Security Identifier.990ALOSEN PUT BROADCOM LTD SH 12/18/17 09129/17 Covered Ant In First Out! EXPIRE OPT SHT -20 000 23,775.44 0.00 23,775.44 240.00 12/18/17 10/13117 Covered First In First Out! EXPIRE OPT SHT •20 000 15,648.63 0.00 15,648.63 Security Ideetifier:990ALO9FYI Total 40.000 39,424.07 0.00 39,424.07 Total Short Term 205,211.02 135,082.00 70,129.02 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 80 10 0 24 2CSF3 CO0 0 N25FIDO. L Page 17 of 31 Rated £zSk,n Every Year Sect 2007 DALIAR RATED COMMUNKAT IONS EXCELLENCE C weds through Pealing EEC. a vilely evened sotnkliacy a me kelt a Nen Yen Mellen Per.ceattn (MY Mellon) e hnx 11.C. nwntat• otete.frWitecGM-00046245 DB-SDNY-0009069 EFTA_00 156854 EFTA01289217 Schedule of Realized Gains and Losses Current Period (continued) Dale Dale Realized Desaiption Disposed Annulled Designation Disposition Method / Tranadion Quantity Proceeds Cod Bads GaiM Loss Long Term APPLE INC COM 12107117 01111116 Covered Ant In First Out !SELL 214.000.000 36277.912.46 21.186,005.14 15,091,907.32 Security Identifier. 03783310 WASHINGTON IA UT MTGS 12122117 12113113 Noncovered" REPY1A T OF MN 1.290.000.000 2,030.88 1,554.01 476.87 004-RA2 1176 PASSTHRU CTFCL C- Original Cost Brsis:1554.01 8-1VAR RATE 6.997% 07125133 Security Identifier: 939336520 Total Long Term 38,279,943.34 21,187,559.15 15,092,384.19 Total Short and Long Term 36,485,154.36 21,322,641.15 15,162,513.21 Date Dale Realized Description Dimmed Acquired Designation Disposition Method] Danudion Duzatily Proceeds Cod Bans Gem loss As of Trades MALCOM INC 11117117 09/14/17 Covered Ant In First Out! SB.L 5.000.000 269,715.75 155,585.97 14,119.78 Security Identifier: 74752513 11117117 09120117 Covered Ant In Ant Out! sat 5.000 000 279.149.53 259.806.00 19,343.53 REY GROUP INCCOM 10113117 10/13/17 Covered Fret In First Out / Sal. 2.700 000 73,459.30 73,575.00 -115.70 Security Identifier: 749527137 • Noncovered under Me cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1886, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as 'covered', were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form I399-B for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as covered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital Information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. Page 18 of 3 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 8010 0 24 2C SF3 CO0 0 N25FIDO. L Rated tactile.. bey Yew Since 2007 DALIARMIT0 COMMUNICATIONS trauma Clewing liner PadS I1C naoly owned semidry of TM talc N New Vat Meta Carporat$ an (eta Mellon) P ng1LC.ertn—bn FINRAVO VELGM-00046246 DB-SDNY-0009070 EFIA_00156855 EFTA01289218 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period (continued) December 1,2017 - Decem ber 31,2017 SOUTHERN FlNANCIALLLC ' The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method. your account will be defaulted to First In. First Out (FIFO) Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-B M essages Please note the following information for Pershing's 2017 Form 1099 tax statement (1099)- The 1099 includes IRS1099 Form B, DIV. INT, OlD and M ISC. Your 1099 will be delivered as early as possible, beginning January 31.2018 By February 15, you will be mailed either your 1099 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final information from issuers and trustees of securities you hold by the as of date of the February 15 1099 mailing. You will also be sent the notice if your information is still being reviewed and finalized. It will inform you of the securities that are pending final reporting, and will provide the anticipated mail date of your 1099. Your 1099 will be mailed no later than M arch 15.2018. For more information please visit mytaxhandbook.com. M UNICIPAL SECURITIESRULEM AKING BOARD/9(M Snap) INVESTOR EDUCATION AND PROTECTION An investor brochure that describes the protections available under M SRB rules and instructions on how to file a complaint with an appropriate regulatory authority can be found on the M SRBwebsite. msrb.org. Pershing LLC is registered with the Securities and Exchange Commission (SEC). M SRB. FINRA. and NYSE Although a money market mutual fund seeks to preserve the value of your investment at S1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Flease see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. The U.S. adopted a shortened settlement timeframe beginning with trade date September 5,2017, for equities, corporate and municipal bonds, and unit investment trusts. Moving from a T.3 to a T.2 settlement cycle provides faster access to sale proceeds. but it also means that funds are due on purchase transactions earlier. This may be a good time to consider e-delivery of your account documents-including trade confirmations. account statements and more. Ask your advisor or financial institution about how you can set up e-delivery. DISCLOSURE By completing a physical or electronic contact form or providing Trusted Party information to my broker or advisor for electronic capture, l/ we authorize the named Financial Institution and Pershing LLC ("Pershing') and their affiliates to share my nonpublic personal information' held at Financial Institution and Pershing with the named trusted contact person(s) (the "Trusted Contact Person(s)") identified as such. Additionally, I/ we authorize this information to be shared with the Trusted Contact Person(s) at the discretion of Financial Institution and Pershing This authorization includes, but is not limited to. sharing or disclosing any information regarding securities, insurance, bank related, financial planning or other financial products or services offered by or through Financial Institution and/ or Pershing or any financial information I/we may have provided to Financial Institution and Pershing. l/ we understand that Financial Institution and Pershing, LLC may contact the named Trusted Contact Person(s) if there are questions/ concerns about my whereabouts or health status (i.e., if Financial Institution and Pershing becomes concerned that I may no longer be able to handle my financial affairs) or in the event that Financial Institution and Pershing becomes concerned that I may be a victim of fraud or exploitation. Financial Institution and Pershing suggests that the named Trusted Contact Person(s) not be someone authorized to transact business on the account. or w ho is already otherwise able to receive the information described above. Account owners should contact their Financial Institution or financial representative with additional questions. B013026C630_026 NFIDOWFAL CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Rated ticellent (my Year Since 2007 DALBAR RATED COMMUNiCATI0NS EXCELLENCE Page '9 of 3' Clown& Elvough Perin LLC. a May owned subudiary of The Bank col Mew Vert Mellon Corporation ISNY Mellon) p.,.p.na: Lit% rirrra, ,it,RA.%411,2PM_00046247 DB-SDNY-0009071 EFTA_00 156856 EFTA01289219 M essages (continued) Account ow ners may also contact RNRA at its toll-free number for senior investors to get assistance or raise concerns about issues with brokerage accounts and investments. CALL 844.57-HELPS MONDAY - FRIDAY; 9 - 5 P.M . ET • *Nonpublic personal information" includes, but is not limited to: financial account information and balances, information regarding the purchase of a security or insurance product, and any other personally identifiable financial information: (i) provided by a me/ us to my! our Financial Institution; (ii) resulting from any transaction in my/ our account or any service performed on behalf of me/ us by the Financial Institution; or (iii) otherwise obtained from me/ us by the Financial Institution. Activity Summary (All amounts shown are in base currency) Cedes This Period Debits This Period Net ThisPeded OedltsYear-to-Date Deters Year-to-Deli Net Yere-to-Dele Securities Securities Bought 0.00 45,270,004.73 45,270,004.73 0.00 43,804,982.24 43,804,982.24 Securities Sold 38,299,865.47 0.00 38,299,885.47 42,577,226.53 0.00 42,577,226.53 Securities Wilhdrren 0.00 0.00 0.00 0.00 -52.061,215.50 42,061,215.50 Total Securities $38,299,885.47 445,270,004.73 48,970,119.28 $42,577,226.53 4115,886,197.74 473,288,971.21 Dividends and Interest $216,609.63 $0.00 $216,609.63 $2,878,507.02 4124,935.66 $2,753,571.14 Distributions 8222.19 $0.00 $222.19 $1,511,929.67 $0.00 $1,511,929.67 Fees $0.00 $0.00 $0.00 $0.00 4400.00 4400.00 Taxes Withheld $0.00 80 .00 40.00 $0.00 46,076.09 46,076.09 Other $0.00 42 36 42.36 $0.00 42.36 42.36 Cash Withdrawals 0.00 0.00 0.00 0.00 -1,273,731.96 -1,273,731.96 Deposits 60,000.00 0.00 60,000.00 60,000.00 0.00 60,000.00 Total Cash $60,000.00 $0.00 360,000.00 460,000.00 41,273,731 96 41,213,731.96 Totals $38,576,717.29 445,270,007.09 46,693,289.80 $47,027,663.42 4117,271,344.03 470,243,680.61 Transactions by Type Activity of Preens Dade Settlement Transaction Date Date Activity Type Description Quantity Prim Accrued Interest Amount Currency Securities Bought and Sold 12104/17 11/30/17 PURCHASE) SMART GLOBAL HIGGS INC 915 PROSPECTUS UNDER 1,800.000 33.5000 40,300.00 USD SGH SEPARATE COVER 12104/17 11/30117 SOLD VENATOR M ATLS PLC SHS (SINS MOO ElF3ZNSS4 UNSOLICITED -1,400.000 21.9207 30,626.28 USD VNTR ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED ASAGENT Page 20 of 3' Rated hatlient Clewing lame. Iambi% lac *alai evened BO 10 0242CSF300 25 S trey Year Since 2007 sataldlarg of The lank a New Vat Meta CONFIDOP CONFIDENTIAL - PURSUANT TO FED. R DRINI. P. 6(e) - AL-- DAtRARMITO COMMUNICATIONS EXCILIANCE Carporatfon (SHY Man) Pera..nx 11.C. merge/ Fitala.flAt4YaGM-00046248 DB-SDNY-0009072 EFTA_00 156857 EFTA01289220 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) December 1,2017 - December 31,2017 SOUTHERN FINANCIAL LLC ROCS Satiation! Date Trade Transaction Dale Activity Type Description (Moldy Price Acaued Interest Amount Currency Securities Bought and Sold (continued) 12/04/17 11130/17 PURCHASED VENATOR MAILSPLCMS (SINS GEIO 0 BF3ZNS54 PROSPECTUS 1.400 000 22.5000 -31.500.00 USD VNTR U HOER SEPARATE COVER 12104/17 11/30/17 SOLD GRAY TELEVISION INC COM UNSOLICITED ORDER AVERAGE -4.600.000 14.4087 66.088.48 USD GUN UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 12/04/17 11/30117 PURCHASED GRAY TELEVISION INC COM PROSPECTUS UNDER SEPARATE 4,600 000 14.5000 16,700.00 USD GTN COVER 12/06/17 12/04/17 PURCHASED HONG KONG DOLLAR 18.584.882 230 7.8147 4.378.195 23 USD 12106/17 12104117 PURCHASED .MPANESE YEN 27.882,261 000 112.5670 -247,694 80 USD 12/06117 12/04111 PURCHASED MSC HOLDINGS PLC ORD MSISNI690005405286 24.800 000 77.5500 -1,928,196.95 HKO IISBAGB ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF -246,679.75 USD 12/04/2017 12106/17 12/04/17 PURCHASED LONYJNG HOLDINGS LTD SHS ISI NO KYG,5636C9711 ALLOCATED 710,000 000 2.7923 -1,987.642.45 HKD 333911K ORDER YOUR BROKER ACTED AS AGENT AS OF 2/04/201 -254,284.78 USD 12106/17 12104/17 PURCHASED NINE DRAGONS PAPER HOLDINGS LTD SHS 144.000 000 13.4600 -1.943.235.60 HKO 2689:HK ISM* BM G653131305 ALLOCATED ORDER YOUR BROKER ACTED -248,603.69 USD ASAGENT ASOF 2/04/2017 12106/17 12/04/17 PURCHASED ZTE CORP SHSH IMMO CHEM 00004 Y2 ALLOCATED ORDER 70,600 000 27.6542 -1,957,418.42 HKD 763 HK YOUR BROKER ACTED AS AGENT AS OF 2/04/2017 -250.418.14 USD 12106/17 12104/17 PURCHASED ANHUI CONCH CEMENT CO LTD SHS H 'SINS CNED 00001II2 52,500 000 37.0748 -1,951,443.51 HKD 914 HK ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF -249.653.75 USD 2/04/2017 12106/17 12104/17 PURCHASED BANK OF CHINA LTD Bei NG SHS H IWOCHET000025 512,000 000 3.8000 -1.950.614.21 HKO 3988:HK ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF -249,547.66 USD 12/04/2017 12106/17 12/04/17 PURCHASED CHINA COMM UNICATIONS CONSTRUCTION COMPANY LTD SHS 224.000 000 8.6774 .1.948,746 87 HKD 1300 HK H ISINt CN Et 00002FS ALLOCATED ORDER YOUR BROKER -249,308.76 USD ACTED ASAGENT ASOF 2/04/204 12106/17 12104/17 PURCHASED DONGFANG ELECTRIC CORPORATION LTD SHSH 150.200 000 6.6112 -995.562.20 HKO t72 HK ISINt CNEDO 000304 ALLOCATED ORDER YOUR BROKER .127.365.12 USD ACTED AS AGENT AS OF 12/04/2917 12106/17 12104/17 PURCHASED W SCHAI POWER CO LTD SHS N ISM* CHEM 00004L9 228.000 000 8.4526 -1.932.159.91 HKO 2338:11K ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF -247.166.75 USD /2/04/2017 Page 21 of 3' CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) B010 2 6i C630K F ID 4 Rated [smitten Clewing through Nimbi.; U.C. • Mai °mai trey Yew, Since 2007 Malang of TM Bask el New Yak Melba OMAR PAITO COMMUNICATIONS CarporatIon (MY Melba) EXCULINCI PerchnxlIC.rner-bn rtt.vwa ..Rh.wivi_Ow46c4c DB-SDNY-0009073 EFTA_00 156855 EFTA01289221 Transactions by Type of Activity (continued) Roans Trade; Settlement Transaction Date Date Activity Type Description Quantity Price Acaued linnet Amount Cerrency Securities Bought and Sold (continued) 12/06117 12104/17 PURCHASED ZNUZHOU CRRC TIM ES ELECTRIC CO LTD SKS 41- 43,400 000 45.7315 -1.969.852.05 H KO 3898 HK ISINICNED00004X4 ALLOCATED ORDER YOUR BROKER -254.568.74 USD ACTED AS AGENT AS OF12104120 V 12/06/17 12105/17 SOLD SHORT PUT DO GENERAL ELECTRIC CO COM EXP 0 I- 9-101 000 -250 000 01700 21,493.49 USD 990AHUOJU OPTION ROOT: GE OPENING TRANSACTION UNSOL EXCHANGE LISTED OPTION 12/07/17 12104/17 PURCHASED NABTESCO CORP TOKYO SHS LTD ISINS R365210001 6,300 000 4.419.1270 -27.882.26100 JPY 6268:.P ALLOCATED ORD ER YOUR BROKER ACTED AS AGENT AS OF -247,402.49 USD 2/04/2017 12/08/17 12106/17 SOLO SMART GLOBAL HIGGS INC BIS UNSOLIOTED ORDER -1,800.000 27.8038 49,889.68 USD SGH 12108/17 12106/17 PURCHASED BARRETT BILL CORP COM PROSPECTUS UND ER PARATE 3.400.000 5.0000 -17,000.00 USD BBG COVER 12/11117 12107/17 SOLD APPLE INC COM UNSOLICITED ORDER AVERAGE UNIT PRICE •214.000.000 169.5469 36,277,912.46 USD AAPL TRANSACTION YOUR BROKER ACTED AS AGENT 12/11/17 12107/17 PURCHASED APPLE INC COM UNSOL AVERAGE UNIT PRICE TRANSACTION 214.000.000 169.7941 -36.340.223.40 USD AAPL YOUR BROKER ACTED AS AGENT 12112/17 12111/17 PURCHASED CALL DO SPDR SIP 500 ETF TR TR UNIT EXP 900.000 2.8900 -262,806.00 USD 990AILYLG 03.1.10270 000 OPTION ROOT: SPY OPENING TRANSACTION UNSOL EXCHANGE LISTED OPTION 12/13/17 12112/17 PURCHASED RANO 7,074,755 980 13.6879 -516.860.04 USO 12115/17 12112/17 PURCHASED NASPERSUM ITED LTD INNS ZAE0000 S889 ALLOCATED 2.000.000 3.527.8399 .7,074,755.98 ZAR NAPRF ORDER YOUR BROKER ACTED AS AGENT AS OF 12/ t2/20 4 -516,820.51 USD 12/15/17 12112117 PURCHASED AMERICAN AXLE & M FGHLDGS INC COM PROSPECTUS UNDER 1300.000 17.0000 -28.900.00 USD AXI. SEPARATE COVER 12/15/17 12113/17 SOLD AMERICAN AXLE 8 M FGHLDGS INC COM BKOA A PERSHING -1700.000 17.2500 29,218.32 USO AXL AFFILIATE M AKES A IA KT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOLICITED ORDER ALLOCATED ORDER YOUR BROKER ACTED ASAGENT 12118/17 09114/17 CANCELLED PURCHASE OUALCOM M INC AVERAGE UNIT PRICE TRANSACTION YOUR -5.000.000 51.0759 255.685.97 USD OCOM BROKER ACTED AS AGENT CANCELLED TRADE 12/18/17 09114/17 PURCHASED OUALCOM M INC AVERAGE UNIT PRICE TRANSACTION YOUR 5.000.000 51.0759 -255,585.97 USD OCOM BROKER ACTED ASAGENT 12/18/17 09/29117 CANCELLED sal. CALL DO BROADCOM LTD SHS IONA 9399990%823 EXP 20.000 10.3825 -20,608.52 USD 990A109FM 24-170250000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12118/17 09129117 CORRECTED SELL CALL DO BROADCOM LTD SHS IONA SG9999014823EXP -20.000 10.3825 20.698.52 USD 990AL09FM 24470250 000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED Page 22 of 3' CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) " 2e617F I D L4 Rated banal Eery Year %ice1007 DALIARIATEDCOMMUNICA11016 LXCGAINCE Clewing liner Pagel% U.C. • Say caned satddlia of The Bank *Mew 'fat Melba COSCCONONI OM Melba) na Persittell.C.mente FiNRA.RW UNm—C-"4645O DB-SDNY-0009074 EFTA_00 156859 EFTA01289222 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) December 1,2017 - December 31,2017 SOUTHERN FINANCIAL LLC Proms; Trade Darlene! TrainedIon Date Dale Securities Bought and Adivily Type Description Cltantdy Price Acaued Interest Amount Currency Sold (continued) 12118117 09/29/17 CANCELLEDSELL PUT AO BROADCOM LTD SHSISNI S03999014823 DP 20.000 11.9210 -23.685.44 USD 990A109FW 44-170240 000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12118117 09129117 CORRECTED SELL PUT 100 BROADCOM LTD %MIMI* SG99990%823 OLP -20.000 11.9210 23,775 44 USD 990A109F14 12.15.17U240 000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12118/17 10113/17 CORRECTED PURCHASE BROADCOM LTD MIS 'SNP 569999014823 BKCM A PERSHING 2.000.000 249.9453 -499.976.68 USD AVGO AFFILIATE LI AKES A M KT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER CORRECTED CONFIRM 12118/17 10113/17 CANCELLED PURCHASE BROADCOM LTD SHSISINSSG99990 823 BKCM A PERSHING -2000.000 249.9453 500,046.68 USD AVGO AFFILIATE M AKES A IA KT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER CANCELLED TRADE 12118/17 10113/17 CANCELLED SELL REV GROUP INC COM UNSOLICITED ORDER AVERAGE UNIT 2300.000 27.2500 -73.417.30 USD REVG PRICE TRANSACTION YOUR BROKER ACTED AS AGENT CANCELLED TRADE 12118/17 10113/17 CORRECTED SELL REV GROUP INC COM UNSOLICITED ORDER AVERAGE UNIT -VOODOO 27.2500 73,459.30 USD REVG PRICE TRANSACTION YOUR BROKER ACTED AS AGENT CORRECTED CONFIRM 12118/17 10113/17 CANCELLED SELL CALL DO BROADCOM LTD SHS ISMS 9G99990 11823 EXP 20.000 7.9475 -15,73863 USD 990A109EN 12-15-17(00 .000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12/18/17 10113/17 CORRECTED SELL CALL DO BROADCOM LTD SHS ISIN8 9399990 11823 EXP -20.000 7.9475 15,828 63 USD 990ALO9FN 2.15.17®260.000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12/18/17 10113117 CANCELLED SELL PUT 100 BROADCOM LTD SHSISINB 509999014823 IAP 20.000 7.8575 -15,55863 USD 990/11.09F1N 12.15-11®240 000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12/18/17 10113/17 CORRECTED SELL PUT DO BROADCOM LTD SHSISNO S69999014823 EXP •20.000 7.8575 15.648.63 USD 990ALCI9F1V 21-11240 000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12/18/17 12106/17 CANCELLED SELL SMART GLOBAL HIGGS INC SHS UNSOLICITED ORDER 1.800.000 27.8038 -49,889.68 USD SGH CANCELLED TRADE Page 23 of 3' CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) N40-023804 BO 10 Cf 2 6t C63 CRI5F ID L Rated Galls. Clewing through Pinking 11C. • Say ogmai Ever/Yew Since 2007 setaldlan of The Mak Wk. Ytelt Melba DALIARPATEDCPAMUNICATIONS Corp./2600.0M Mellon) LXCGAINCE fientifvell.C.mente FINRA.w)1,21., m_0ur046451 DB-SDNY-0009075 EFTA_00 156860 EFTA01289223 Transactions by Type of Activity (continued) Procne Trade; Settlement Transaction Date Date Activity Type Desctiption Quentiy Price Acaued Meat Amount Currency Securities Bought and Sold (continued) 12/18117 12106/17 CORRECTED SELL SMART GLOBAL HLOGS INC SHS UNSOLICITED ORDER -1.800.000 27.8038 49.96768 USD SGH CORRECTED CONFIRM 12/18/17 12113/17 CANCELLED SELL AMERICAN AXLE 8 M FG HLDGS INC COM BKCM A PERSHING 1300.000 17.2500 -29.218.32 USD AXL AFFILIATE M AKE& A M KT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOLICITED ORDER ALLOCATED ORDER YOUR BROKER CANCELLED TRADE 12/18/17 12113/17 CORRECTED SELL AMERICAN AXLE a M Fe HLDGS INC COM BKCM A PERSHING -1.700 000 17.2500 29.25012 USD AXL AFFILIATE M AXES A M KT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION CORRECTED CONFIRM 12118/17 12115/17 SOLD SHORT PUT DO GLEAD SCIENCES INC EXP 01411075.000 OPTION .125.000 1.7100 20,993.50 USD 990411.6MK ROOT= GILD OPENING TRANSACTION UNSOL EXCHANGE LISTED OPTION 12118/17 12115/17 SOLD SHORT 990AIEK1 CALL DO BROADCOM LTD SHSISNa 939999014823 EXP t staeoloo OPTION ROOT= AVGO OPENING •20.000 10.5965 21.12631 USD TRANSACTION UNSOL EXCHANGE LISTED 12/18/17 12115/17 PURCHASED CALL DO BROADCOM LTD SHS ISNS 969999051823 EXP 20.000 12.1100 -24,286.00 USD 990ALO9FM 2.6.170250.000 OPTION ROOT: AVGO CLOSING TRANSACTION UNSOL EXCHANGE LISTED 12118/17 12115/17 PURCHASED CALL 130 BROADCOM LTD SHS ISMS 939999014823 EXP 20.000 5.3650 -10196.00 USD 990ALO9FN 243170260.000 OPTION ROOT= AVGO CLOSING TRANSACTION UNSOL EXCHANGE LISTED 12118/17 12115/17 SOLD SHORT CALL DO BROADCOM LTD SHSISNI S69999031823 EXP •20.000 18.4350 36.803.14 USD 990AM C207 02-540250.000 OPTION ROOT= AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 12118/17 YOUR OPTION EXPIRED CALL 100 GLEAD SCIENCES INC EXP 45.17085.000 OPTION 60.000 0.00 USD 990AKP6Jf ROOT= GILD GILD CLOSING TRANSACTION 12118/17 YOUR OPTION EXPIRED PUT DO GILEAD SCIENCES INC EXP 2-6-17075.000 OPDON 125 000 0.00 USD 9904KP6K11 ROOT: GILD GILD CLOSING TRANSACTION 12118/17 YOUR OPTION EXPIRED CALL DO GILEAD SCIENCES INC EXP 2447082.500 OPTION 65.000 0.00 USD 990ALHGAB ROOT= GILD GILD CLOSING TRANSACTION 12118/17 YOUR OPTION EXPIRED PUT DO BROADCOM LTD SHS ISM/ SC999901823 EXP 40.000 0.00 USD 9904109FIV 12.5-90240 000 OPTION ROOT= AVGO AVGO CLOSNG TRANSACTION 12/18/17 YOUR OPTION ASSIGNED PUT 100 ADVANCED MICRO DEVICES INC COM EXP 300 000 0.00 USD 990ALWIL 1245-1704.000 OPTION ROOT= AM DAM D CLOSING TRANSACTION 12/19/17 09115/17 CANCELLED PURCHASE ADVANCED MICRO DEVICES INC COM ACCT OPT ASSIGNED •20.000.000 13.0000 261.206.00 USD AM D CANCELLED TRADE Page 24 of 3' CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DO 10 0246C630_0 Z5 NFIDRNFAL Rated EatWlem (my Year Sint< 2007 DALBAR RATED COMMUNICATIONS IXMLINCI Clewing %MVO PtOTISC LC • Say anal stidiary at The Balk a Mew Yak Maori Caw- Alan (MY Mellon) R A. Bays )(LEL DN 3 eM y:(0 000::g2 D 6 EFTA_00 I 5686 I EFTA01289224 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) December 1,2017 - December 31,2017 SOUTHERN FlNA NCIAL LLC ROGOW Trade, Settlemen1 Transaction Date Dale Activity Type Description Quantity Price Acauee Interest Amount Currency Securities Bought and Sold (continued) 12/19/17 09115/17 PURCHASED ADVANCED MICRO DEVICES INC COM ACCT OPT ASSIGNED 20.000.000 13.0000 -260.806.00 USD AM 12/19/17 09129/17 CANCELLED PURCHASE BROADCOM LTD N115 509999014823 UNSOUCITED -2,000.000 242.8643 485.884.78 USD AVG° ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT CANCELLED TRADE 12119/17 09129/17 PURCHASE) BROADCOM LTD SFIS 'SIN. SG19990 St 823 UNSOLICI TED 2100000 2421643 X85,814.78 USD AVGO ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED ASAGENT 12119/17 12115/17 PURCHASED ADVANCED MICRO DEVICESINCCOM ACCT OPT ASSIGNED 30,000100 13.0000 391,206.00 USD AM D OPTCUSIP 99QALANL 12/26/17 12121/17 SOLD LEXINFINTECH HLDGSLTD ADR ISINI US528817234 -1.200100 11.9483 14,281.66 USD LX UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 12/26/17 12121/17 PURCHASED LEXINFINTECH HLCGS LTD ADR ISM/ US5281377934 1200100 9.0000 -10.800.00 USD LX PROSPECTUS UNDER SEPARATE COVER 12/28/17 REINVEST CASH INCOME PM ORGAN FLOATING RATE INCOM E FUND CLASS I 1129.762 -10,597.17 USD PHSX 3209318820 SHRS SHRSPURCH. AT $9.38000 RD 2(26 PD 2/28117 Total Securities Bought and Sold HONG KONG DOLLAR 0.00 -18,584,882.23 HKD TOTAL USD EQUIVALENT 0.00 -2377117.14 USD APANESE YEN 0.00 -27182.26110 WY TOTAL USD EQUIVALENT 0.00 -247,402.49 USD U S. DOLLARS 0.00 3.828.279.12 USD RAND 0.00 -7,074,755.98 DR TOTAL USC EQUIVALENT 0.00 -516,820.51 USD Dividends and Interest 12/11/17 MONEY MARKET FUND DEUTSCHEGOVT CASH INSTL INCOME REDEEMED 866.04 USD INCOME RECEIVED PER232045 12/15117 CASH DIVIDEND RECEIVED 2469000 GENERAL ELEC CO GTD FXD-TO-FITG RT 49.38040 USD 369604404 NON-CUM ULATIVE PERPETUAL PREFERRED 4.000% 2/03165 REG DTD 2103/5 CIS RD 1730 PC 12/6/17 Page 25 of 3' CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) " mean F I D L Rated ticellent beer Year Since 2007 OMAR ItA TED COMMUNICATIONS EXCLUINCI Clewing through PealinlIC • Say °mai sobsidiary of TM Bonk el New Yalc Mellon CarporatIon (MY Melba) Perihng 11.C.mer-tan IthitA.WRIY+219M-01-" 4645a DB-SDNY-0009077 EFTA_00 156862 EFTA01289225 Transactions by Type of Activity (continued) Process; Trade; Settlement Transaction Date Date Activity Type Desaiption Quaintly Price Acaued mined Amount Currency Dividends and Interest (continued) 12126/11 CASH DIVIDEND RECEIVED 13000 SHRS ISHARES INC M SO SOUTH KOREA ETF RD 4/20 PD 28.291.15 USD EV/ Y 4/26/17 12126/17 CASH DIVIDEND RECEIVED 26000 SHRS ISHARES INC MSC! TAIWAN ETF RD 12120 PD 26.191.56 USD EWT 4/26/17 12126/17 BOND INTEREST RECEIVED 490000 WASHINGTON I/ UT M TG SECS CORP 2004 -RA2 M TG 3009 33 USD 939336520 PASSTHRU CTF CL C-B-1VAR RATER 997% 07125/33 WEDTD 06/0104 RD 1230 PD 412514 12127/17 FOREIGN BOND INTEREST 103000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL 35181 25 USD 539439A64 TIER 1SECS 'SINS US539439AG42 7.500% 04127188 B/E DID 0007/1 CL8 RC 12/26 PD 412714 12128/17 CASH DIVIDEND RECEIVED 12500 SHRSGILEAD SCIENCES INC RD 1211PD 12/28/17 6.500.00 USD GILD 12128117 CASH DIVIDEND RECEIVED 21300 SHRS ISHARES TR CHINA LARGE-CAP ETF RD 12/22 PD 18.728.03 USD FXI 4/28/4 12128/17 CASH DIVIDEND RECEIVED ?MORGAN FLOATING RATE INCOM E FUND CLASS I 10.597.17 USD .PHSX 3209318820 SHRS RD 12/26 PO 4/28/17 12129/17 MONEY MARKET FUND CEUTSCHEGOVT CASH 525.30 USD INCOME RECEIVED PER232045 12129117 FOREIGN SECURITY DIVIDEND 4000 SHRSBROADOOM LTD SHS ISMSSC/999901823RD WS 7,000.00 USD RECEIVED PD 412914 AVG() 12/29/17 CASH DIVIDEND RECEIVED 60000 SH RS W ISOOM TREE TR APAR HEDGED EQUITY FO RD 29339 80 USD DYJ 12/27 PD 12/29/17 Total Dividends and Interest - U.S. DOLLARS 0.00 216,609.63 Distributions 12126/17 RETURN OF PRINCIPAL 490000 WASHINGTON M UT M TGSECSCORP 2004-RA2 M TG 222.19 USD RECEIVED PASSTHRU CTF CL C-B-WAR RATE 6.997% 07125/33 B1E DTD 939336320 08/0104 RD MO PD 2/25/17 Total Distributions - U.S DOLLARS 0.00 222.19 Other Transactions 12120/17 12119/17 FREE CREDIT BALANCE JAPANESE YEN CURRENCY FREE CREDIT BALANCE INTEREST -267.00 JPY INTEREST CHARGE CHARGE FREE CREDIT INT CAIRG 120.4 TO 4.1.4 FOR -2.36 USD PY999993 CUSTOM ER ACCOUNT Total Other Transactions - JAPANESE YEN 0.00 -267.00 Total USD Equivalent 0.00 -2.36 Page 26 of 3' CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) BO 10 0 2t6C630(KrF ID0 L4 bled Excellent Every Yew Since 2007 DALBARMIT0 COMMUNICATIONS LXMLINCI Clewing through Perrin LC. • Say owned sabsidiary of TM Usk a Mew York Mellon Ono-ream My Mellon) PerOing nen-6n HMV.. iWRIIIIIa9m-01-" 46454 DB-SDNY-0009078 EFTA_00 156863 EFTA01289226 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Transact ions by Type of Activity (continued) ROOS& Trade Settlement Transktion Date Dale Agit* Type Cash Withdrawals and Deposits 12/04/17 FEDERAL RINDS RECBVED USD999997 Total Cash Withdrawals and Deposits- U.S. DOLLARS Tuvisedions9ammary Told Acased intend Total Amount HONG KONG DOLLAR 0.00 -18,584.882.23 JAPANESE YEN 0.00 -27,882,528.00 U.S.DOLLARS 0.00 4,551,447.30 RAND 0.00 -7,074,755.98 The price and quantity displayed may have been rounded. December 1,2017 - December 31,2017 SOUTHERN FINANCIAL LLC Desaiption Camay Price Molted Invest Amount Cunene, DEUTSCHE BANK TRUST 00 AO 61000 00 USD Cash Not Yet Received 0.00 60,000.00 Total Mooed Inlets Total Amount airenry USD Equivaior4 USD6suivedent HKD 0.00 -2,377417.14 JPY 0.00 447,404.85 USD 0.00 4,551,447.30 ZAR 0.00 410,820.51 Security Ruud Date Arid* Date Ovally Field We Dividend Option Amount of Payment -Interest Interest EXEIA INTER LLC/ EISA RN MGM 12129/17 01115118 2100.000 000 0.050833 Cash 101480.87 ARST PRIORITY SR Total Cash Not Yet Received 3101,666.67 Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the information. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 27 of 3' 80 100242C SF3 CO 002N5FIDO' Rated Excellent Every Year Since 2007 MBAR RATED COMMUNICATIONS EXCELLENCE Claim through Pealing I1C nub* wend stealdiary a The lank a New Volt Mellen Ceeporaban(IINY Mellon) Per thee LLC.rnentet 00046255 DE!-SDNY-0009079 EV1:4_00156864 EFTA01289227 Fixed Income Analysis Bond Quality Bond Quality Medal Value %of &Ind Matet Value A 2,400,114.90 9% BAA 8,340,300.00 32% BA/ Lower 14,870,776.25 57% Not Rated 472,288.07 2% Total 26,083,479.22 100% 29 40 60 80 100 0 Percent of axed Income Bond Maturity Schedule Bond Maturity Market VS. %ol Bone Market Value Milo 5 years 1,790,000.00 7% 56 to 10 years 4214,500.00 16% Over 10 years 20,078,979 22 77% Total 26,083,479 22 100% Percentages of bond market values are rounded tot e nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. C lent Service I nl ormati on Tow Investment Specialin. ENJ JOSHUA SHOSHA N 280 PARK AvE- 3RD FL NEW YORK NY 10017 Your Account Information Coated Information Telephone Number: TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Flan First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRONIC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 100242CSF30025 CONFIDO. L Page 28 of 3' Rated Excellent Extra Yew Since 2007 DIOAR MRO COMMUNICATIONS UMIAK E Clewing through kali% EEc nide evemd sobaldlary a Me Malt a Na. Yak Mellon CarpotatIon Sly Meta) Per, I. ing 11.C. 0NII/SIAVVELGM-00046256 DB-SDNY-0009080 EFrA_00156865 EFTA01289228 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Important Information and Disclosures December 1,2017 - December 31,2017 SOUTHERN FINANCIAL LLC The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and ( ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives asthe result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws. regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents. the acceptance and, in certain instances. execution of securities orders.the assessment of the suitability of those transactions. w here applicable; the rendering of investment advice. if any. to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at .All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance. but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection. Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement. to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC. Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by Jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited • The ability of the parties to obtain documents. witness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason( s) for their award, unless. in an eligible case. a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court • The rules of the arbitration forum in which the claim is filed, and any am endm ents t hereto. shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LW shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied: (II) the class is decertified: or Page 29 of 3' CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) BO 0260630025 NFIDO L Rated ticellent trey Year Since 2007 OMAR MITO COMMUNICATIONS EXCLUINCI Clewing Heater hakes LLC. • ittlay owned sobsidiary of The Bank el Mew Vat Mellon OnotatIon (MY Mao) Perchnx 11.C.mer-bn HMV, fl4cillillt9m-0034 6257 DB-SDNY-0009081 EFTA_00 156866 EFTA01289229 Important Information and Disclosures (continued) Important Arbitration Agreement (continued) (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399: Page 30 of 3' CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) B010 0 2t6C630K5F ID 4 Paled ficetlent (very Ye** Sint 2O07 DALBAR RATED COMMUNICATIONS EXCILLINC( Clewing tivough PenbnglIC• May °mai subudimy of The Bank N Na. Yak Melba Corporation0NY Melloa) 1.1c.mnter HINIZ . BPys t2 N P 0A ym 08 _oo0o0496258 D A 2 EFTA_00 156867 EFTA01289230 TERMS AND CONDITIONS TRANSACTIONS • ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS. CUSTOMS. USAGES. RULINGS AND INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE THE TRANSACTIONS ARE EXECUTED ANCWOR SETTLED. OR IF APPLICABLE. OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY ANO TO ALL APPLICABLE LAWS AND REGULATIONS. • TITLE TO SECURITIES SOLO TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL, SHALL REMAIN WITH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT DATE. WHICHEVER IS LATER. • YOU MAY HAVE RECEIVED CONFIRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR STATEMENT. IF SO, DE TRANSACTIONS WILL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. THIS IS ESPECIALLY TRUE IF YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED. FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT OF ITS BUSINESS. DEBIT BALANCES: INTEREST CHARGED ON DEBIT BALANCES Pi YOUR ACCOUNT APPEARS ON THE STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST IS COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR FINANCIAL INSTITUTION IF YOU DESIRE ADDITIONAL COPES. MARGIN INFORMATION: IF YOU MAINTAIN A MARGIN ACCOUNT. THIS IS A COM3NED STATEMENT OF YOUR GENERAL ACCOUNT AND A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT RECORD OF THE SEPARATE ACCOUNT AS REQUIRED BY REGULATION T IS AVALABLE FOR YOUR NSPECTION UPON REQUEST. TAX INFORMATION • AFTER YEAR END. PERSHING IS REQUIRED TO PROVIDE TAX INFORMATION TO THE INTERNAL REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES, AT THAT TIME PERSHING WILL PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU; USE THAT STATEMENT TO PREPARE YOUR TAX FLINGS. THE TAX STATEMENT ALSO INCLUDES OTHER USEFUL INFORMATION TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS. • DIVIDENDS. MEREST NC OTHER DISTRIBUTIONS SHOWN ON THIS STATEMENT WERE CLASSIFIED AS TAXABLE OR NONTAXABLE BASED ON CERTAIN INFORMATION KNOWN AS OF THE DISTRIBUTION DATE. THIS Cl ASSFICATION IS SUBJECT TO CHANGE AND IS SOLELY INTENDED FOR USE AS GENERAL INFORMATION. • PERSHING DOES NOT PROVIDE TAX, INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE ASSOCIATED WITH PERSHING IS AUTHORIZED TO RENDER SUCH ADVICE. DO NOT RELY UPON ANY SUCH ADVICE. IF GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEIR TAX ADVISORS TO DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS. GENERAL INFORMATION • WHENEVER YOU ARE INDEBTED TO PERSHING LLC (*PERSHING, FOR ANY AMOUNT, ALL SECURITES HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR LIABILITIES TO PERSHING. AND PERSHNG MAY IN ITS DISCRETION AT ANY TIME. WITHOUT TENDER. DEMAND OR NOTICE TO YOU. CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR PRA/ATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS; ANY BALANCE REMAINING DUE PERSHNG TO BE PROMPTLY PAID BY YOU. • WHENEVER YOU ARE NDEBTW TO PERSHING FOR ANY AMOUNT. ALL SECURITIES CARRIED FOR YOUR ACCOUNT ARE OR MAY 8E. WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WILL PERMIT THE COMMINGLING THEREOF, WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN EQUAL TO OR GREATER THAN YOUR LIABLMES TO PERSHING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT PROHIBITED BY LAW. • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER, SPECIALIST, ODD LOT DEALER. BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME Of ANY TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED. • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR FFLANCIAL INSTITUTION OR PERSHING MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETALS AVAILABLE UPON REQUEST • A FINANCIAL STATEMENT OF PERSHING IS AVAILABLE FOR YOUR PERSONAL NSPECTION AT PERSHING'S OFFICES. A COPY OF [TWILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN VIEW IT ONLINE AT WWW,PERSHING COM, • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVV.FERSHING.COINDISCLOSURES • THIS STATEMENT SHOULD BE RETAINED FOR YOUR RECORDS. PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES [REGULATION NMS- RULE 807(AX1)-(2)) PERSHING SENDS CERTAIN EQUITY ORDERS TO EXCHANGES. ELECTRONIC COMMUNICATION NETWORKS. OR BROKER.DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHING OR CHARGE ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON WRITTEN REQUEST. PERSHING RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW TO CERTAIN OPTION EXCHANGES. IN ADDITION. PERSHING ROUTES CERTAIN EQUITY AND OPTION ORDERS TO ITS AFFILIATE. BNY MELLON CAPITAL MARKETS. LLC. FOR EXECUTION AS PRINCIPAL COMPENSATION IS GENERALLY IN THE FORM OF A PER OPTION CONTRACT CASH PAYMENT. BEST EXECUTION: NOTWITHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER FLOW, PERSHNG SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE. COUNTER AND EXCHANGE-LISTED SECURITES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS. TRANSMITTED ELECTRONICALLY UP TO A SPECFIED SIZE. AND TO EXECUTE THEM AT OR BETTER THAN THE NATIONAL BEST BID OR OFFER (NERO). ON CERTAIN LARGER ORDERS, OR F THE DESIGNATED MARKET CENTERS DO NOT MAKE A MARKET E 4 THE SUBJECT SECURITY. PERSHING DIRECTLY CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TO WHICH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH QUALITY OF THEIR EXECUTIONS IN ONE OR MORE MARKET SEGMENTS AND THEIR ABILITY TO PROVIDE OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPEROR TO THE N880. PERSHNG ALSO REGULARLY REVIEWS REPORTS FOR QUAUTY OF EXECUTION PURPOSES. F ANY OF THE ABOVE TERMS ANO COEDITORS ARE UNACCEPTABLE TO YOU. PLEASE NOTEYPERS-ING IMMEDIATELY IN WRITINGEW CERTIFIED MAIL TOONE PERSHING PLAZA JERSEYCITY, Ni 07399, AITN• LEGAL DEPT CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) 801002420SF3 CON 0025FIDO. L Page 31 o131 MPS CnWlent Every Year Since 2007 MBAR RATED COMMUNICATIONS CAMINO Claim liner Penblyg IIC a *bogy evemil tabs kllary a The in a NeatYak Md Carpotaban My Mellon) INHIHnx LICHINHDH on) DB-SDNY-0009083 EFrA_00156868 EFTA01289231 a Deutsche Bank P.O Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIAL LLD 6 130 RED HOOK QUARTER B3 ST THOM AS VI 00802 Your Investment Specialist: JOSHUA SHOSHAN Asset Summary 0.0t5th• Lint Prise. &rant. 5745.2tm.st Minns Cootragt 15,04 0..40hr 5.,* SP:10.1109 POW Ycet Caate 345 Put fl ews. 2611. Flow Me. 'V , PO Tonto. Evert November 1.2017 - November 30.2 0 17 Account Number: Portfolio at a Glance This Period Yew4wDalt BEGINNINGACCOUNT VALUE $113,410,017.38 $117,089,958.26 Net Cash Deposits aid Withdrawals ,141,000.00 .1,273.731.96 Net Securities In/Out of Account •17,588,000.00 42,061215.50 Adjusted Previous Account Value 95,881,017.38 63,735,008.80 Dividends, Interest and (Mho Income 371,587.71 3,023,801.96 Total Taxes Withheld 0.00 4.076.09 Other Transactions 0.00 400.00 Net Change in Portfolio' 1,236,545.62 30,536,816.04 EN DINGACCOUNT VALUE SESII Accrued Interest $382,086.18 Estimated Annual Income $3.383,921.72 'Net Change in Portfolio is the difference between the ending account value and beginning account value after activity. Asset Type PI/01 Year-End led Pedod Needed -rte • HHH N\41‘1 4Pe:enl Cash, Money Funds, end Bank Deposits 15,864,445.94 7,759,402.53 4,37527043 IMI 27% Fixed Income 19.233.099.80 24,497,834.38 28,288,422.71 m 59% Equities 79,000,010.52 74,652,509.28 57,189,398.32 0 3% Mutual Funds 0.00 3,018,071.21 3,010,341.05 • 7% Exchange-Traded Products 2,972,400.00 3,484,200.00 8,427,720.00 100% Account Total (Pie Chart) $117,089,956.28 $113,410.017.38 $97,289,150.71 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 8009969C6FM 18 NFIDOP 4 Page "i of 22 Rated (040ent CI. Mg through Penblin IIC sub* evened ('cry That 5Inte 2007 SASS." of The kelt el Maw Yak Mellon DALBAR RATED COMMUNICATIONS Canceatfon(ONY Melon) (XCIlltria PtelPira LI.C.rnember rime.g444YeteM_ 00046260 DB-SDNY-0009084 EFTA_00156869 EFTA01289232 Summary of Gains and Losses This Petiod Realized Yeat4o-Dole Unrealized Short-Term Gain! Loss 411,890 41 566,693.81 .40,996 13 Long-Term Gain! Loss 483.73 219.686.42 24.034.390.49 Net Gain! Loss 412.374 14 °152.992.61 23,993,393.76 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECB° ) and other credit institutions introduced ' negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances. Money Market Fund Detail Dale Adivity Type Sweep Money Market Fund DEUTSCHEGOVT CASH INSTL Current Yield 0 99% Activity Ending: 1V 30( 17 Desakilkiri Amount Palma 11/01/17 Opening Balance 7,759,402 53 7,759,402.53 11/02/17 Withdrawal MONEY FUND REDEM PTION .2,066,646.49 5,692,756.04 11/03/17 Withdrawal MONEY FUND REDEMPTION ,135,100.00 5.557.656.04 11/06/17 Deposit MONEY FUND PURCHASE 438.497.50 5.996.153.54 11107/17 Withdrawal M ON EY FUND REDEMPTION -2.968.549.88 3.027.603.86 11/08117 Deposit MONEY FUND PURCHASE 21,701.01 3,049,304 67 11/10/17 Withdrawal MONEY FUND REDEM PTION -143,910.00 2,905,394.67 11/13/17 Deposit MONEY FUND PURCHASE 138.600.12 3,043,994.19 11/14/17 Deposit MONEY FUND PURCHASE 5,886.93 3.049.881.72 11/15/17 Deposit MONEY FUND PURCHASE 287.667.31 3.337.549.03 11/16/17 Deposit MONEY FUND PURCHASE 36,288.88 3.373.837.91 11/17/17 Deposit MONEY FUND PURCHASE 216.010 00 3,589.907 91 11/20/17 Deposit MONEY FUND PURCHASE 231,562.56 3.821.470.47 11/21/17 Deposit MONEY FUND PURCHASE 572.099.02 4,393,569.49 11/22/17 Withdrawal MONEY FUND REDEM PTION 46,056.20 4.321.513.29 11/24/17 Withdrawal M ON EY FUND REDEMPTION 44.500.00 4.233.013 29 11/27/17 Deposit MONEY FUND PURCHASE 95,940.98 4.328.954 27 11/28/17 Deposit MONEY FUND PURCHASE 3,359.43 4,332.313 70 11/29117 Withdrawal MONEY FUND REDEM PTION 43,000.00 4269.313.70 11/30/17 Deposit INCOM E REIN V EST 3,325.70 4.272.639.40 11/30/17 Closing Balance $4,272,639.40 Total All Money Market Funds $4,272,639.40 Page 2 of 22 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) BO 0 99639C6_F3001 0 NtF I D Pick L Rated Ein4lent Every Year Sine 2007 DALBAR RATED COMMUNICATIONS IXCIU. INC I Clown. thtough Periling (IC, • Say owned subudiary of The Bank col Mew Yet* Mellon Corporation (MY Mellon) P!,P4n4 tic. nwl-t-Jer 111•RA.Tys t, N 08 emy:00 0oo0496261 D 5 EFTA_00156870 EFTA01289233 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary November 1, 2017 - November 30, 2017 SOUTHERN FINANCIAL LLC eae CurreM Period Tuttle Non Turtle Taxable Yea4o-Dale Noe Taxable Dividend Income Equities 134,820.00 0.00 1,004,515.34 0.00 Money Market 3,325.70 0.00 102550.49 0.00 Other Dividends 91,500.80 0.00 902,195.81 0.00 Interest Income Bond Interest 3,021.10 0.00 387,870.02 0.00 Other Interest 36,288.88 0.00 139,834.48 0.00 Expenses Margin Interest 0.00 0.00 0.00 4.63 Withholding Taxes 0.00 0.00 4,078.09 0.00 Fees(Foreign Securities) 0.00 0.00 -300.00 0.00 Total Dividends, Interest, Income and Expenses 9268,956.48 90.00 92,530,590.05 44.63 Distributions Alternative Investments 0.00 102,631.23 0.00 488,840.45 Other Distributions 0.00 338.33 0.00 23.398.11 Total Distributions $0.00 3102.969.56 30.00 $510,236.56 Portfolio Holdings Activity Opening Outing Accrued Income 304:ey Parcel Account Opening Dale Quantity Number CASH, MONEY FUNDS. AND BANK DEPOSITS 4 00 Ending Balance Belem Income 11*Year Yield Yield of Portfolio Cash Balance 0.00 102,631.23 Money Market DEUTSCNEGOVICASH INSTL 11101117 4,272,639.400 NIA 11130117 7359.402.53 4272,639.40 0.00 102,550.49 0.97% 099% Total Money Market 37,759,402.53 34,272,639.40 $0.00 3102.550 49 TOTALCASH, MONEY FUNDS. AND BANK DEPOSITS 37,159,402.53 $4,375,270.63 $0.00 9102,550.49 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Page 3 of 22 BO 099389CSF30018 CONFIDO. L Rated [smitten Clare...through hobos IIC nakoly evened bey Year Since 2007 istaldiary of The Bask el New Yak Meta OMAR RATIO COMMUNICATIONS Carponelan (1111Y maw invoice Periling LI.C.nwreer FINRA.VVizeteM_ 00046262 DB-SDNY-0009086 EFTA_00156871 EFTA01289234 Portfolio Holdings (continued) Date Aciotind FIXED INCOME 27.00% of Port folio (In Maturity Date Sequence) °Asset Backed Securities WASHINGTON M UT 2T0SECSCORP 20044(42 Sincerity 'dashiki939336320 TG PASSTHRU CIF CL C4ViARRATE 6.996% 07125/33 WE DTD 0610 704 Factor: 0.40005360 Effective Date:1/0117 Current Face Value: 55.069.114 12/13113 '-' Q 1,200,000.000 76.5190 394,888.92 91.8310 Original Cost Oasis: $638,908.71 Total Asset Backed Securities $394,888.92 $473,911.46 1,290,000.000 Total Current Face Value: 518,069.144 Corporate Bonds CITIZENSCOM MUNICATIONSCO SR Security Identifier 446384W1 NT FULLY EXCHANGE FROM 14538AX9 7.25% ON V WE DTD 03/23/07M cod y Rating 8336 P Rating 8 10/03/17 1,000,000.000 100.0900 1,000,904.73 96.6250 Original Cost Basis: 6100100890 FRONTIER COMM UNICATIONS CORP Security Identifier: 35908AAH1 SR NT FULLY EXCHANGED FROM CUSP 8.500%04/15720 WE DTD 04/2/13Moody Rating 83 $ 6 P Rating B 10/11/17 1,000,000.000 98.7510 987,506.00 91.4380 Original Cost Basis: $987,506.00 Security Identifier: 06739FHK0 Cuantity Unk Cod Adjusted Unrealized Acaued Esliraled Eslirraled Cod Bads Martel Rix Market Value GainItos6 Interest Anrtal frame )(tell 473,911.46 BARCLAYS BK PLCCONTINGENT CAP NT ISM USO 6739FHK03 7.750% 04/2123 WE OTD 0412/13 CALLABLE 0412/1%.1 P Rating 884 04/03/13 ..12in 300,000.000 100.0000 EXELA INTER LLC f EXELA RN DICED FIRST PRIORITY SR SECD NT %4A 5.000% 07/15/23 NE DM 07/12/17 CLBMoody Rating 83 S 8 P Rating 10/24117 2,000,000.000 97.0250 300.000.00 101.9000 Original Cost Basis: $300,000.00 Security Identifier: 30 I82RAA9 1,940,506.00 93.8750 Original Cost Basis: 51940.506.00 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) 966 250 00 914.38010 305.700.00 1,877,500.00 79,022.54 2,908.79 $79,022.54 $2,906.79 $0.00 -34.654.73 14,843.75 71,250.00 7.37% -73.126.00 10.625 00 85.000 00 929% 5.700 00 3.229 17 23.250.00 760% 43,006.00 76,666.67 200,000.00 10.85% BO 09 9389 C Sc300 18 CONFIDOP Rated Excellent Every Yet Sect 2007 DALIAR RATED COMMUNICATIONS EXCELLENCE Page 4 of 22 C leen% Winer Roden ti c nub./ evened sotaldlearg et The lank el New Y.t Mellen Ceneratten (My Mellon) Pen Pea 11C...twee. F iliting4E4V136 M-00046263 DB-SDNY-0009087 EFrA_00 156872 EFTA01289235 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) November 1.2017 - November 30,2017 SOUTHERN RNA NCIAL LLC DateAcquired Quantity Unit Cod FIXED INCOM E (continued) Corporate Bonds (continued) INVTS GM BH GTD SR NT REG S ISINB USA29866453 7250%04/03/24 WE DID 04/031MS 8 P Baling B 10/31/I7 2.000.000.000 99.0650 Adjusted Cost Bees Market Price SERVICEMASTER CO NT 7250%03/0138 B/E DTD 03/02/98 ST CPR DTE 09/0198 CPN PM T SEMI ANNUAL ON MAR 01AND SEP011oc4y Rating 62 58 P Rating B 10/18/17 1,000,000.000 103.9910 10/19/17 10/20/17 10/31/17 350,000.000 80,000.000 70,000.000 103.9920 103.9980 104.0020 Total Covered 1,500,000 000 Total 1,500,000.000 PM ORGAN CHASE 8 CO DEP SIISRSPSTG YDTH PFD SER 'FIXED TO FLTG FIT BD 7.900%04/29/49 B/E DTD 04/23/08M oody Wling BAA3 SS P Rating 13611. Security Identifier: A29866AB5 1.981.300.00 99.5000 Original Cost Basis: 51981300.00 Security Identifier: 81760NAB5 1,039,905.42 102.5000 Original Cost Basis: 51040.006.00 363,973.41 102.5000 Original Cost Basis:5384,00600 83,198.74 102.5000 Original Cost Basis: 583206.00 72,801.05 102.5000 Original Cost Basis: 57280600 1.559.878.62 $1,559,878.62 Security Identifier 4662510411 06/15/11 1.3 12 2,500,000.000 107.5000 2,687,500.00 101.2420 Original Cost Basis: $2.687.500.00 06/15/11 . •3t2 2.500.000.000 107.0000 2,675,000.00 101.2420 Original Cost Basis:52,675,000.00 Total Noncovered 5,000,000 000 5,362,500.00 Total 5,000,000.000 55,362,500.00 M arket Valte 1.990 000 00 1.025.000 01 358.749 99 81.999 99 71,750.01 1,537,500 00 51,537.500 00 2.531,050 00 2.531.050 00 5,062,100.00 55,062,100.00 Unit aliZed Gain Lon Acteued Estimated Eslimated lidded Annual Income YM4d 8.700.00 22.958.33 145,000.00 728% -14,905.41 17,923.61 72.500.00 7.07% 5,223.42 6,273.26 25,375.00 7.07% -1,198.75 1,433.89 5,800.00 7.07% -1,051.04 1,254.66 5,075.00 7.07% -22,378.62 26,885 42 108,750.00 422,378.62 $26,885.42 3108,750.00 -156,450.00 16,458.34 197,500.00 7.80% -143,950.00 16,458.33 197,500.00 7.80% -300,400.00 32,916.67 395,000.00 4300.400.00 $32,916.67 3395.000.00 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg BOO 99389 CSF30 0 18 L- Rated beetient brew Yet Sm« 2007 DALBAR RATED COMMutoCATiONS ("Mane( Page 5 of 22 Clerg tirough esWquC.arbyewNd subsidiary of Ne Bank a New WA Mello« CorpontionfilNY ~Doll) pc,h, iie,RA.g2Eay,a.GM_00346264 DB-SDNY-0009088 EFTA_00156873 EFTA01289236 Portfolio Holdings (continued) Date Acquired FIXED INCOM E (continued) Corporate Bonds (continued) BANK AM ER CORP PERP NON COM ULATIVE DEP SKS FIXED TO FLOAT 8.25% 04/30/58 BIE DTD 04/30/08 CALLABLE 05/511M oody Rating BA2 SE P Rating BBB- 01/10/11 *-357 Quantity Unit Co! Adjusted Cod Bads Market Pace Mallet Value Qinrlow Umiak/id Accrued Estimated Edintaled lotus Annual Income Yield 2.000.000.000 102.7500 SOUTHERN CALIF EDISON CO PREF SER E 6.250% 0117/62 INE DID 011714 CALLABLE 02101122 Q D0 000 M oody Rating BAA1 S8 P Rat iag BBB- 01130112 ' •3° 3,000,000.000 99.8780 GENERAL MC CO GTD FXD-TO-FITGRT NON-CUMULATIVE PERPETUAL PREFERRED 4 000% 2103/65 REG DID 2/0 Vs6M oody Rating A3 58 P Rating A 12/03115 • 2,469,000.000 88.0930 5LLOYDS8ANKING GROUP PLC FXD RATE RESET ADM. TIER 1SECS 'SINS US539439AG42 7.500% 04/27/88 B/E DTD 04107/14S/1 P Rating BB- Please Provide • 1.903.000.000 NIA CITIGROUP INC FXD RT SR NT PERP DEP RECPT 5.950% 08/t/88 81E DTD 08112/4 CALLABLE0815120Q D0.00014 oody Ratiag Bik2 S8 P Rating BB* 08/06/15 3.000.000.000 Security Identifier: 060505078 2,055,000.00 102.7570 Original Cost Basis: $2,055.00000 Securly Identifier: 842400 FU2 2,996,328.32 112.0310 Original Cost Basis: $2092,564.97 Security Identifier: 3696048144 2,175,016.17 98.8750 Original Cost Basis: $2.175.01.17 Security ldent they 539439AG4 Please Provide 113.2500 Original Cost Basis: Please Provide Security ldentdier: 17296725 3.000.005.99 104 8880 Original Cost Basis: $3,000,006.00 $23,358,945.83 2,055.140.00 3,360,930 00 2,441.223 75 2.155.147.50 3.146.640.00 140.00 6370.83 162,500.00 7 90% 364,601.68 61,979.17 187,500.00 5.57% 266,207.58 45,265.00 98,760.00 4 04% N/A 24,976.88 142.725.00 6.62% 146.634.01 52.062.50 178.500.00 5.67% Total Corporate Bonds $25,812,511.25 $298,417.92 $379,179.39 $1,798,235.00 25,172,000.. TOTAL FIXED INCOME $23,753,834.75 $26.286,422.71 $377,440.46 $382,088.18 $1,798,235.00 26,462,000.000 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) 8° "69 ca lqF I D gitefFAL Rated Ene4lerd (my Year Since 2007 DALIAR RATED COMMutoCATIONS rxCEtLLHCE Page 6 of 22 Glenn& tIvough Penbmg U.C. a %lay owned subudiary of The lank a New York Mellon Corporation (MY Mellon) P.,,P1n4 tic. Mnn'ti. liber s uLDN em ym 08 _00000496265 DB- 9 EFTA_00156874 EFTA01289237 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) Date Acquied EQUITIES 59.00% of Portfolio Common Stocks BROADCOM LTD SiSISINS SC999909823 Dividend Oplion: Cash 09/29/17 10113117 Total Covered Total 4,000 000 ADVANCED MICRO DEVICES INC COM Dividend Option: Cash 20.00000 of these shales are in your margin account 09/15/17 20,000.000 12.3010 ALIBABA GROUP HLOG LTD SPONSORED ADS ISNIUSOW9W1)27 Dividend Option: Cash 06/10/15 5.000.000 88.9500 APOLLO GLOBAL MUT LLCCL A %IS Dividend Option: Cash 03/29/11 " 3 263.157.000 19.0000 APPLE INC OW Dividend Oplion: Cash 01/11/16 214,000.000 99.0000 BASF SE SPONSADR IS1NO U90552625057 Dividend Option: Cash 04/13/15 20,000.000 BIOGEN 'DEC INC COM Dividend Oplion: Cash 02/14/12 2.095.000 110.2120 CENTENE CORP DB. COM Dividend Option: Cash November 1,2017 - November 30,2017 SOUTHERN FINANCIAL LLC Quantity Unit Caul Cast Basis Market Pike 2,000.000 2.000.000 4,000 • 485,884.78 250.0230 500146.68 985,931.46 Security Identifier: AVGO CUSP. Y09827139 277.9400 277.9400 5985.931.46 Seaway Identifier MID CUSP. 007903W 246.012.36 10.8900 Searily Identifier. BABA CUSP: 0 $091V 1)2 444,749.00 177.0800 Security Identifier: APO CUSP. 03762306 4.991983.00 31.3100 Security Identifier. AAPL CUSP:0378331)0 21,186.005 14 171.8500 Securely Identifier: 8ASFY CLISIR 055262505 25.4030 508.056 00 28.0000 Security Identifier. BIIB CUSP. 09062X133 231.019 65 322.1700 &lardy Identifier. CNC CUSP: 6135891 Mafter ValLe 555,880.00 555.880.00 1,111,760.00 81,111.760 00 217.800.00 885 400 00 8 239 445 67 36.775 900.00 561000.00 674146.15 Unrealized Pintos Estimated Estrin' ed Annual Income Yield 69,995 22 8,160.00 1.46% 55.833 32 8.160.00 1.46% 125.828.54 16,320.00 5125.828 54 $16,320 00 48,212.36 440.651 00 3,239.462 67 486,840.45 590% 15,589,894.86 539,280.00 1.46% 51,944 00 12,092.12 2.15% 443.926 50 Page 7 of 2'2 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) 900 99639 0 C9F30 0 1 I4FIDO. bled Iscollent Clewing Heater Pecan1SC • +Atoll owned Every Year Since 2007 totaling of The Bank el New Yorlg Mellon DALBAR PAM COMMUNICATIONS OnotatIon (MY Mellon) EXCULINCI Perihnx 11.C. ertet-bn OM A. ileatOluet9M—00346266 DB-SDNY-0009090 EFTA_00 156875 EFTA01289238 Portfolio Holdings (continued) Date Acquired EQU IT I ES {continued) Common Stocks (continued) CENTENE CORP DB. COM (continued) 09108114 15.550.000 FACEBOOK INCCL A Dividend Oplion: Cash 05117112'3 GLEAD SCIENCES INC Dividend Oplion: Cash 02105/14 03107114 10/24/17 Total Covered Total VOLKSWAGEN A GADR (SPONS) Dividend Oplion: Cash 04/13/15 09/21/17 Total Covered Total Total Common Stocks Preferred Stocks (Listed by expiration date) GM AC CAP TR I GTD TRPfD SECS SER 2 CM- 8.125% FREO ORTLY MATY42/5/2040 CALL ANYTIll EQ250,130 DAYS BEGNS02/15/0 Dividend Oplion: Cash 02122112 '3 Total Preferred Stocks Options CALL 1)0 GILEAD SCIENCES INC DR 2-5.17085000 OPTION ROOT: GILD 40.00 of These contrails area shod position 10/24/I7 40.000 PUT 90 GILEAD SCIENCESINC EXP 4.5.0075000 OPTION ROOT: GILD -25.00 of these contrads area short position 10124117' 45.000 17,500.000 5,000.000 3.100.000 4.400.000 12,500 000 12.500 000 5,000.000 24.000.000 29.000 000 29.000 000 Quantity Unit Col Cost Basis Market Rice Market Value Unfilled Gloriosa 63.6450 38.0000 79.2810 79.6120 80.0900 50.8610 34.1880 80,000.000 989.67935 102.0900 Security Idenlifier: FB ClISP. 3030311132 665000.00 177.1800 &wily Identifies GILD CUSP: 37555803 74.7800 74.7800 74.7800 254306.00 820.503.00 1.074.809.00 $1,074.809.00 $32,326,845.07 396.40700 246.797.00 352.395.71 995299.71 $995,599.71 Security Identifier: VLKAY CUSP: 928662303 41.5200 41.5200 Security Identifies:ALLY PRA CUSIP. 36160208 23.5350 1,882.773.50 26.1200 1.3130 1.1500 $1,882,773.60 Option Idenlifies:990AKP6Jf Underlying Senility Idmtifier. GILD Underlying Security Price: $74.78 -7,880.81 0.0400 Oplion Idealdiet 990A1036K}1 Underlying Security Identifier. GILD Underlying Security Price $74.78 4.476.82 1.7800 1.587.499.50 3.100.650.00 373.900.00 231.818.00 329.032 00 934,750.00 $934.750.00 207,600.00 996.480.00 1,204,080.00 $1,204,080.00 $55,292,231.32 2.089.600.00 $2,089.600.00 -240.00 .11,570.00 597.819.75 2.435.650.00 -22,507.00 14.979.00 -23,363 71 -60,849.71 -$60,849.71 -46,706.00 175.977.00 129,271.00 $129.271.00 $22,965,386.25 206,826.40 $206,826 40 7.64011 4,093.18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) 8""ContqF D L Estimated Estimated Annul Income Yield 10,400.00 6448.00 9.152.00 26,000.00 $26.000.00 1,706.59 8.191 66 9,898 25 $9,898.25 $1,090,430.82 2.78% 2.78% 278% 082% 082% 147,216.00 704% $147,216.00 Page 3 of 22 Rated Galls. Clewing through Penaing LC. a mite/ owned bay Yea Since1007 stadia" of The Bank *I New Yea Mellon DALIARIATEDCOMMUNICA11016 Corporation (IINY Melba) ,,,.. ,,.. LXCGAINCE fientirat ll.C. web, F itif tn. tWilfuet!"-00046267 DB-SDNY-0009091 EFTA_00 156876 EFTA01289239 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) November 1, 2017 - November 30,2017 SOUTHERN FlNANCIALLLC Date Acquired Quantity Unit co Cost Bees NNW Rice EQUITIES (continued) Options (continued) PUT VO GILEAD SCIENCESINC (continued) 10/24/17 40.000 1.1600 4.958.83 1.7800 Total Noncovered •125.000 Total -125.000 CALL DO GILEAD SCIENCES INC IXP 4-5.4082.500 OPTION ROOT= GILD -6500 of these contracts area short posilion -14A35.65 414,435.65 Option Identifier: 990ALHGAB Underlying Security Identifier. GILD Underlying Security Price: $74.78 10/24117 45.000 2.0680 -13.443.68 0.0500 CALL 100 BROAKOM LTD %IS ISINISG9999011823 DP 2-6- ft ©250.000 OPTION ROOT= AVGO -20.00 ot these contracts are a short position Option Identifier:9901109FM Underlying Security Identifier: AVGO Underlying Security Price: $277.94 09129/17 -20.000 10.3040 -20,608.52 29.5600 CALL DO BROADC011 LTD DS ISMS 509999011823 DP 2-6- 170260000 OPTION ROOT= AVGO -20.00 of these contracts are a short position Option Identifier: 99DALC19FN Underlying Security Identifier MOO Underlying Secerity Price: $277.94 10/13/17 -20.000 7.8690 -15.738.63 21.3000 PUT DO 8ROADCOLI LTD SliS IMP 569999011823 IXP 12-6-4240.000 OPTION ROOT= MOO -40.00 of theseCOMfacts are a short position Option Identifier:990/0.09AV Underlying Security Identifier: MOO Underlying Security Price: $277.94 09/29/W 40.000 11.8430 -23.685.44 1.1000 10/13/17 • -20.000 7.7790 -15.558.63 1.1000 Total Noncovered -40.000 Total -40.000 -39,244.07 -$39,244.07 Market Value Unrealized Gainlloss -10.680.00 42.250.00 -$22,250.00 325.00 -59,120.00 42.600.00 -2.200.00 -2.200.00 -4,400.00 44,400.00 4.721.17 -7,814.35 47,814.35 13.118 68 48,511.48 -26.861.37 21.485.44 13.358 63 34 844 07 Estimated EdImaled Annual Income Yidd $34,844.07 $0.00 $0 00 Page 9 of 22 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) e""C6HFID L Rated Galls. Oaring Omagh Penblin IIC aut.^ owned Eery Vex Since 2007 satosIdlary of The lank a New Vat Mellon DAUM PATEDCOIAMMICAllONS Corporation OM Aldan) ,..... , EXCULOC PesHeatttC.reente F iNRA.IIW l‘i:t9M-00046268 DB-SDNY-0009092 EFTA_00 156877 EFTA01289240 Portfolio Holdings (continued) Dile Acquired EQUITIES (continued) Options {continued) PUT 130 ADVANCED MICRO DEVICESINC COM DIP 24-17(10.000 OPSON ROOT: AV 0 -300.00 of I hose contracts am a shod position 10/25117 400.000 0.8100 CALL 130 nil EWARNER INC NEW COM NEW DIP 01040 t10.000 OPTION ROOT: TWX Corday Unit Cost Cal Dais Markel Ftice 10/13/17 10.000 4.5360 Total Options TOTAL EQUITIES Option Identifier: 990411Ni Underlying &tangy identifier AND Und 'dying Security Price:St 89 -24.293.43 2.1300 Option identifier: 9904HOGHJ Underlying Seemly Identifier: MX Underlying Security Nice: $9151 4,536.00 0.4000 Muhl Value Unrested Pintoes 43,900.00 400.00 414608.57 4,136.00 Esirrai et Esirraied Annual frame )(tell 4131,108.79 4192,435.00 Ode Acquired Cmantity Unit Col MUTUAL FUNDS 3.00% of Portfolio IVORGAN FLOATING RATE INCOME FUND CLASS I Open End Fund Dividend Oplion: Reinvest: Capital Gaits Option: Reinvest $34,078,509.88 Cod Setif Merkel Ftice Security Ideal ifier: ,PHSX CUSIP 1(412t513 $57,189,396.32 Market Value 461,326 21 $23,110,886.44 $0.00 Unseated Gelarloss $1,237,646.82 Estimated Estimated Maud Income Yield 09/28/17 318,809.777 9.4100 3.000.000.00 9.3800 2 990.435.71 -9,564.29 117,695.00 3.93% Reinvestments to Date 2.122.105 9.3990 19.945 81 9.3800 19.905 34 4047 783.42 393% Total Covered 320,931 882 3.019,945 81 3.010,341 05 -9,604.76 118.478 42 Total 320,931.882 13,019,945.81 13,010,341.05 49,604.76 5118.478.42 TOTAL M UTUAL FUNDS 83,019,945.81 $3,010,341.05 49,604.76 $118,478.42 Unmated Estimated Estimated Onte Accaired Quality Unit Cod Cod EPS Markel Price Market Value Coin/Loss Annul Income Yield EXCHANGE-TRADED PRODUCTS 7.00% of Portfolio ISHARESINC MSCI SOUTH KOREA CAPPED ETF Dividend Oplion: Cash; Capital Gains Option: Cash Stalky Identifier. EWY CUSP. 464286772 11/03117 13,000.000 75.8460 986996.98 76.1600 976,950.00 4,046.98 8.390 14 085% ISHARES TR CHINA LARGE-CAP ETF Dividend Oplion: Cash: Capital Gains Option: Cash Security Waller: FXI CUSIP 46428714 11/03117 21,000.000 46.3690 973,747.14 46.1700 969,570.00 4,177 14 18,167.31 1.87% CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 80 0 99389 C Sc3OO 18 CONFIDOP Page '0 of 22 WedUSIent CiewingthmorOmMmilICaShaymmed toveretarSince2007 stosklimallftMeltelMw*AMOw commeureoammocAtiom CorpoeWmOMYMADO uctuma PerihrmaCirbeturatA.WaxeM_00046269 DB-SDNY-0009093 EFTA_00 156878 EFTA01289241 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) Dale Angered EXCHANGE-TRADED PRODUCTS (continued) 'SHARES INC II SCI TAIWAN CAPPED ETF Dividend Option:Cash:Capital Gains Option: Cash 11103117 26.000.000 37.9690 WISDOM TREE TR JAPAN HEDGED EQUITY FO Dividend Option:Cash:Capital Gains Option: Cash 60100.00 of these shares are in your margin account 12/11/13 60.000.000 49.4350 TOTAL EXCHANGET WADED PRODUCTS lovember 1,2017 - November 30,2017 BOUTHERN FINANCIAL LLC Quantity Unit Cod Cad Bates Market kite Security Identdier:E1VT OAP. 46434G772 987,205.46 37.1000 Security Identifier: 0%J CUSP 97717W851 Market Value Unrealized Gainless Estimated Estimated Annual Income Yield 964.600.00 -22,605.46 18.219.34 1.88% 2.966.098.50 58.8100 3.516.600.00 550301 50 82.234 20 2.33% $5,913,048.38 $6,427,720.00 Cod Bads Minket Value $514,671.62 $127,010.99 Uentakzed Gainless Amid Intend ablated Annual Income TOTAL PORTFOLIO HOLDINGS $71,140,609.45 $97,289.150.71 $23.993.393.76 $382.088.18 $3.383.921.72 • Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as "noncovered". Securities marked as "covered", were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 10 99-B for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as covered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS. Cost Basis on fixed income securities may be adjusted for amortization, accretion. original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes. obtained from sources believed to be reliable. In the event, one or more of these attributes is changed. there may be a temporary incorrect adjusted cost basis reflected unt if the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as f o the accuracy of this information. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. 6 The Current Face value represents the outstanding principal balance°, the underlying security. The Current Face value isdetermined by multiplying the current factor times the original face amount of the security. Factors may changeover time and are obtained from sources we keine fo be reliable. c Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. T3 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Page " of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) 8°0" c6N8F I D L Rated Galls. Owing %MOO halting LC • May owned Gary Vex Since 2007 SSA., of The in a New Vat Mellon DALIARILATEDCOINAMICATIONS Corporation (Ely Melba) ,...... n A UMIAK( fientleatttC.rreente F ihltAAW 11,119m_ 00046270 DB-SDNY-0009094 EFTA_00 156879 EFTA01289242 Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market prices. unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEAS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request t0 your financial institution, information pertaining t0 these transactions. including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness. timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions. regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. Page '2 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) 90099639CS_F3901 FID Rated ticellent Clewing through Pealwe LLC. • May owned Every Yew Since 2007 subsidiary of The in a New Vat Mellon DALIARRATEDCOMMUNICATIONS Corporation (IINY Melon) OCCGAINCE fientimellCanerte FinatOIWIluann-00046271 DB-SDNY-0009095 EFTA_00 [56880 EFTA01289243 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period November 1,2017 - November 30,2017 rIMA PdrItil l ir Desolation Date Disposed Dale Acquired DesIgnMion DispositionMethod/ Transaction Guanine Proceeds Cost Bans Realized Gain Lou Short Term VENATOR M AILS PLC SH 11/30/179 11/30/17 Covers Rrst In First Out! SELL 1.400 000 30.626 28 31.500 00 -873 72 00BF3ZNS54 Security Identifier. G9329110 OONSTELUUll NV CIA 11/01/17 11101117 Covered Fret In First Out? SELL 8.500.000 96.551.76 93.50010 3.051.76 0489522 Security Identifier. 112203514 ALTAIR B4GR INC CL A 11101/17 11101117 Covered Rrst In First Out / SELL 1200.000 54,876.53 41,600.00 13,276.53 Security Identifier. 0206913 AMERICANAXLES MFG 11108/17 11107117 Covered Fist In First Out? SELL 8.200.000 144,290.12 143.910.00 290.12 COM Security Identifier. 024061/3 AOUANTIA CORP COM 11103/11 11103117 Covered Rrst In First Out! SELL 2.400 000 21,701.01 21.600.00 101.01 Security Identifier 03842018 GARDNERDENVERS.0GS 11/16/17 11116117 Covered first In First Out! SELL 800.000 22,282.01 21,800.00 482.01 Security Identifier. 36555017 GRAY TELEVISION INC 11/30/179 11/30/17 Covered Rrst In First Out / Sal 4.600 000 66.088 48 66.70100 .611.52 Security Identifier 38937516 ..ELOAVEN HLOGINCCO 11116/17 11/16/17 Covered Rrst In First Out/ SELL 700.000 24,135.44 23,625.00 510.44 Security Identifier. 47580003 PAYLOC1TY HLEIG CORP 11121/17 11/20/17 Covered First In First Out! SELL 2.000 000 95.940.98 94,500.00 1,440.98 Security Identifier 7043SVD6 PRESIDIO INC COM 11117/17 11/17/17 Covered First In Ant Out / SELL 800.000 11,943.80 11,400.00 543.80 Security Identifier. 741203 OUALCOMM INC 11117/17 09/14/17 Covers First In First Out! Sal 5.000 000 269.715.75 255,685.97 14,029.78 Security Identifier.74762513 11/17/17 09120117 Covers Ant In First Out / SELL 5,000.000 279.149.63 269.806.00 19.343.53 Total 10,000.000 548.886.28 515.491.97 33.373.31 SRC ENERGY INC COM 11109/17 11/09/17 Covers Ant In First Out / SELL 700.000 5,886.93 5.600.00 286.93 Security Identifier. 78470V138 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) ' 0"639631qF ID AL- Rated I 'eviler.? Gen Yew, Sint 2007 DALBAR RATED COMMUNICATIONS EXCELLENCE Page '3 of 22 Cleaving through Penhwell.C. a **ay owned subudimy of The Oak a New York Mellon Corporation 15NY Mellon) P!. 0,14 tic. Trvtary ,II,RAA4411,2PM_00046272 DB-SDNY-0009096 EFTA_00 15688 I EFTA01289244 Schedule of Realized Gains and Losses Current Period (continued) Dale Dale Realized Description Wanted Acidated Designation Disposition Method) Transit lon Closolky Roared; Cod Basis Getty Loss Short Term (continued) CAII VA SIP 500 ET 11/14117 09127117 Covered Rrst In First Out! SELL 620.000 287.667.31 135.879 00 151,788.31 255.00 Security Identifier 990AFT2Z3 PUT CURENC YSHARES 11/03117 10/17117 Coveted Rat In First Out! SELL 7.000 774.83 637 00 137.83 1200 11103117 10117117 Coveted First In First Out 1 SRI 2,593.000 287,020.38 235.969 00 54051 38 Security Identifier 990AHRONU Total 2,600.000 287,795.21 236,606.00 51189 21 CAL!. WORS&P500 ET 11117117 09127117 Covered First In First Out! SELL 500.000 276,987.56 132,406.00 144,581.56 254.00 Security Identifier.990ALK878 PUT OUALCOUN INC EX 11102117 09114117 Covered Rat In First Out! BUY 40.000 7,564.82 363.00 7201.82 50.00 11102117 09120117 Covered First In First Out! BUY 40.000 5,820.86 363.00 5257.86 Security Identifer.990ALPBOU Total 400.000 13,185.68 726.00 12,459.68 Total Short Term 1,988,734.38 1,576,843.97 411,890.41 Long Term WASHINGTON II UT IITOS 1104/17 12113113 Noncovered'' REPYIAT OF PRIN 1,290,000.000 2,080.09 1,576.36 483.73 004-RA2 SITU PASSTHRU CIF CL C- Original Cost 8asis 1576.36 B-1VAR RATE 6.996%07/25133 Security Identifier 939336520 Total Long Term 2,060 09 1 576 36 483.73 Total Short and Long Term 1.990.794 47 1,572420 33 412.374.14 Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of '086, as amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as "noncovered" Securities marked as' covered', were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1099.8 for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as covered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions. has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your I399-B or online displays you may have available to you. Page 14 of 22 CONFIDENTIAL — PURSUANT TO FED. R CRIAA P. 6(e) N4G-0I3804 B0099 389 CSF30 0 18 CONFIDO. L Rated Excellent trey Yew Since 2007 DMIAR RATED COMMUNICATIONS EXCILLUICE Clearing Omagh PenblinlIC auk* evened sobildlarrof The Bank a New Yak Meta Carpotaban (MY Mellon) Penhnx 11.C. menbn tuRAARKELGM-00046273 DS-SDNY-0009097 EFTA_00156882 EFTA01289245 PA Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period (continued) Vovem ber 1, 2017 - November 30,2017 SOUTHERN RNA NCIAL LLC W hen you report your cost basis on your tax return. it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H R.1424. You should consult with your lax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Cost Basis on fixed income securities may be adjusted for amortization, accretion. original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with lessthan one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. ' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as ro the accuracy of this information. u These shares are unsettled and have been recently disposed. You will also see these shares on the Portfolio Holdings section until this transaction has been settled. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method. your account will be defaulted to First In, First Out (FIFO) Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099.8. Messages Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospect us or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. Please note the following information for Pershing's 2017 Form 1099 tax statement (1099). The 1099 includes IRS1099 Form B, DIV, INT. 010 and M ISC. Your 1099 will be delivered as early as possible, beginning January 312018 By February 15, you will be mailed either your 1399 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final information from issuers and trustees of securities you hold by the as of date of the February 15 1099 mailing. You will also be sent the notice if your information is still being reviewed and finalized. It will inform you of the securities that are pending final reporting, and will provide the anticipated mail date of your 1399. Your 1099 will be mailed no later than M arch 15.2018. For more information please visit mytaxhandbook.com. MUNICIPAL SECURITIESRULEM AKING BOARDI(M SRN)) INVESTOR EDUCATION A NO PROTECTION An investor brochure that describes the protections available under MSR8 rules and instructions on how to file a complaint with an appropriate regulatory authority can be found on the M SKI w etisite. msrb.org. Pershing LLC is registered with the Securities and Exchange Commission (SEC), M SRB. RN RA, and NYSE Page '5 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) 809CONFIDA Rated Gallen, Clewing through Pashas LC.* +Atoll owned Eery Vex Since 2007 se...Idler of The Bask N Mew Yorlg Mellon DALIARPATEDCOINAUNICATIONS Corporation (eta Melba) .. Uall(Na PositintltC.rreentw F Mite, tWilli.et,40_00346274 DB-SDNY-0009098 EFTA_00 156883 EFTA01289246 Actrvihy Summary A ri ,)„ „, n .abt, U. Cyl Debits Tbis Period Net This Period °edits Yea-to-Dale Detesleat4o-Date Net Yee-to-Date Credits This Period Securities Securities Bought 0.00 4,482,108.1? 4,482,108.17 0.00 -18.534,977.51 -18.534,97151 Securities Sold 1.867.050 23 0.00 1.867.050 13 4.277.341.06 0.00 4.277.341.06 SecuritiesWithdrawn 0.00 -17,588600.00 -17588,000.00 0.00 -52,061215.50 -52,061215.50 Total Securities $1,867,050.23 423,070,108 17 421,203,057.94 51,277,311.06 470,596,193.01 466,318,851.95 Dividends and Interest $268,956.48 $0.00 $268,956.48 $2,661,897.39 4124.935.88 $2,536,961.51 Distributions $102,969.56 $0.00 $102.969.56 $1,511,707.68 $0.00 $1,511,707.68 Fees $0 00 $0 00 $000 $0.00 4400.00 4400.00 Taxes Withheld $0.00 $0.00 $0.00 $0.00 46,076.09 46,076.09 Cash Withdrawals 0.00 -141,00000 -141.000.00 0.00 -1,273,731.96 -1,273,731.96 Total Cash $0.00 4111,000 00 4111.000.00 $0.00 41,273,731.96 41,273,731.96 Totals $2,238,976.27 423.211.108 17 420,972.131 90 $8.450.916.13 472,001,336 91 463.550.390 81 Transactions by Type of Activity PIONS' Trade; Settlement Transiaion Date Dote Agilely Type Desaiption Quantity Price Acaued 'Pint* Amount Cream Securities Bought and Sold 11/02/17 10131/17 PURCHASED SS INVTSGM BH GTC SR NT REG S ISINIUSA29866A653 2.000.000.000 99.0650 -11,680.66 -1.992.980.56 USD SSA/4113909 7250% 04/03/24 MD71304/03/14 CLB YLD 7.434 TO M AT ASOF 913/2017 11/02/17 10131/17 PURCHASED SERVICEM ASTER CO NT 7250%03/0/38 B/E DTD 03/02198 70.000 000 104.0000 -859.93 -73,665.93 USD SYM GD YLD 6880 TO M AT 11103/17 11101/17 SOLO CONSTB.LIUM NV CIA ISINS N1001489522 UNSOLICITED 6.500 000 11.1000 96,551.76 USD CSTM ORDER ALLOCATED ORDER YOUR BROKER ACTED AS AGENT 11103/17 11101/17 PURCHASED CONSTELLIUM NV CIA ISINS N10013489522 PROSPECTUS 8.500 000 11.0000 -93.500.00 USD CSTM UNDER SEPARATE COVER 11103/17 11/01/17 SOLO ALTAIR ENGR INC CL A COM UNSOLICITED ORDER AVERAGE -3,200 000 17.1911 54,876.53 USD ALTR UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 11103/17 11101/17 PURCHASED ALTAIR ENGR INC CI. A COM PROSPECTUS UNDER SEPARATE 3200 000 13.0000 -41,600.00 USD ALTR COVER 11103/17 11102117 PURCHASE) PUT 00 OUALCOMII INC EXP 11-9.17050 000 OPTION ROOT: 100.000 0.0700 -726.00 USD 990ALF8DU 00041 CLOSING TRANSACTION UNSOLICITED ORDER EXCHANGE LISTED OPTION ALLOCATED ORDER Page '6 of 22 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) 90099639C5Q° 1_8 NFIDO Paled ficellent Even/ Year Since 2007 DALBAR RATIO COMMUNICATIONS EXCELLENCE Clown. tivough 'Want U.C. a wooer owned sabsidlary of The Sank ad New York Mellon CA•Parabil any Mellon) onm Poshattl.C.nverter FihRAMWV11113•40—00046275 DB-SDNY-0009099 EFTA_00156884 EFTA01289247 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) November 12017 - November 30,2017 SOUTHERN FINANCIAL LLC Proof% Trade' Seillemenl Transaction Date Dale Adivily Type Description Quantity Price Acaued Inlered Amount Currency Securities Bought and Sold (continued) 11/06/17 11103/17 SOLO PUT AO CURENCYSHARES EURO TR EURO SHS EXP -2.600.000 1.1369 287.795 21 USD 990AHRONU 011-134)12 000 OPTION ROOT: FXE CLOSING TRANSACTION UNSOL EXCHANGE LISTED 11107/17 11103117 SOLD AQUANTIA CORP COM UNSOUCITED ORDER -2.100.000 9.0848 21,701.01 USD AO 11101/17 11103111 PURCHASED AOUANTIACORPCOM PROSPECTUS UNDER SEPARATE009ER 2,100 000 9.0000 -21,600.00 USD AO 11/07/17 11103/17 PURCHASED ISHARES INC MSCI SOUTH KOREA CAPPED ETF UNSOLICITED 13.000.000 75.8054 485.996.98 USD ENV ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED ASAGENT 11/07/17 11103/17 PURCHASED ISHARES TR CHINA LARGE-CAP ETF UNSOLICITED ORDER 21.000 000 46.3286 -973,747.44 USD FXI AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 11/07/17 11103117 PURCHASED MARES INC MSCI TAIWAN CAPPED ETF UNSOLICITED ORDER 26.000 000 37.9292 487.205.16 USD ENT AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 11110/17 11107/17 PURCHASED AMERICAN AXLE & M FG HIDGS INC COM PROSPECTUS UNDER 8200 000 17.5500 -113,910.00 USD AXL SEPARATE COVER 11/10/17 11108/17 SOLO AMERICAN AXLE & M FGHLDGS INC COM BKCM A PERSHING 4.200 000 17.6265 11000.12 USD AXL AFFILIATE MAKESA M KT IN THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION 11/13/17 11109/17 PURCHASED SRC ENERGY INC 03M PROSPECTUS UNDER SEPARATE COVER 700.000 8.0000 -5.600.00 USD SRO 11113/17 11109/17 SOLD SRC ENERGY INC COM UNSOLICITED ORDER AVERAGE UNIT -700.000 8.4901 5.886.93 USD SRC) PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 11115/17 11114111 SOLD CALL DO SPDR S&P 500 ETF TR TR UNIT EXP 12-4-V0255000 -620.000 4.6700 287,667.31 USD 990AFT2Z3 OPTION ROOT: SPY CLOSING TRANSACTION UNSOL EXCHANGE LISTED OPTION 11/20/17 11116/17 SOLD GARDNER DENVER HLDGS INC COM UNSOLICITED ORDER 400.000 27.9231 22.282.01 USD GUI AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 11/20/17 11116/17 PURCHASED GARDNER DENVER HLDGS INC COM PROSPECTUS UNDER 800.000 27.2500 -21,800.00 USD GDI SEPARATE COVER Page '7 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) el09CONFIDA AL- Rated [smitten trey Yew Since 2007 OMAR MITO COMMUNICATIONS EXCLUINCI Cleanng *roar PEWS 11C. a iota/ corned Maid's." a The Mak a New Yak Mellor. CaveratIon (MY Mike) Per 11. ing rner-bn A.g411WPM-00046276 DB-SDNY-0009100 EFTA_00 156885 EFTA01289248 Transactions by Type of Activity (continued) Roast; Trade; Settlement Tranadion Date Date Activity Type Description Quailly Price Acaued Inlered Amount Catena Securities Bought and Sold (continued) 11120/17 11116)17 SOLD .ELD-WEN HLDG INC COM UNSOLICITED ORDER -700.000 34.5600 24.135 44 USD J10 11/20/17 11116/17 PURCHASED ELD-Vi DI HMG INC COM PROSPECTUSUNDER SEPARATE 700.000 33.7500 -23.625.00 USD J10 COVER 11120/1 7 11117/17 SOLD CALL 100 SPDR S&P NO Elf TR TR UNIT RP 9.5-90254000 500.000 5.5700 276,987 56 USD 990ALK879 OPTION ROOT: SPY CLOSING TRANSACTION UNSOL EXCHANGE LISTED OPTION 11120/17 YOUR OPTION ASSIGNED CALL AO OUALCOMM INC BO 11-17-17(02500 OPTION ROOT: 50.000 0.00 USD 990ALPECI OCOM OCOM CLOSING TRANSACTION 11/20/17 YOUR OPTION ASSIGNED CALL I:10 OUALCOMM INC DT itZia55000 OPTION 50.000 0.00 USD 990ALP9CJ ROOT: OCOM OCOM CLOSING TRANSACTION 11121/17 11/17117 SOLD PRESIDIO INC COM UNSOLICITED ORDER 100.000 15.0001 11,943.80 USD PSDO 11/21/17 11117117 PURCHASED PRESIDIO INC COM PROSPECTUSUNDER SEPARATE COVER 800.000 14.2500 -11,400.00 USD PSDO 11/21/17 11117/17 SOLD OUALCOM IA INC ACCT OPT ASSIGNED OPTCUSIP 99OALPBCI -5,000.000 52.5000 262.287.93 USD OCOM 11121/17 11117117 SOLD OUALCOM II INC ACCT OPT ASSIGNED OPTCUSIP 990ALPBCJ 1,000 000 55.0000 274,793.64 USD OCOM 11124/17 11120111 PURCHASED PAYLOCITY HLDG CORPCOM PROSPECTUS UNDER SEPARATE 2,000 000 47.2500 14,500.00 USD PCTY COVER 11124/17 11121117 SOLD PAYLOCITY HLDG CORPCOM UNSOLICITED ORDER -2,000.000 48.0146 95.940 98 USD PCTY 11129/17 REINVEST CASH INCOME .PIAORGAN FLOATING RATE INCOM E FUND CLASS I 1,094.002 -10,250.80 USD PHSX 39831.8800 SHRS SHRS FtIRCH. AT $9.37000 RD 1527PD 1429/17 Total Securities Bought and Sold - U.S. DOLLARS -12,540.49 3,615,057.94 Securities Withdrawals and Deposits 11/09/17 CUSTOMER AUTHORIZED APPLE INC COM TRANS TO NIG-02691 -100.000.000 -17.588.000.00 USD TRANSFER AAPL Total Securities Withdrawals and Deposits - U.S. DOLLARS 0.00 -17,588,000.00 Dividends and Interest 11115/17 BOND INTEREST RECEIVED 80000 SHRSGM AC CAP TR I GTD TR PFD SECSSER2 CP11. 36,288.88 USD ALLY PM 8.25% FREO ORTLY MATY-02/9/2040 CALL ANYTIME 025 W)30 DAYSBEGINS02/15/9 RD 111 PD tV9/17 11/16/17 CASH DIVIDEND RECEIVED 214000 SHRSAPPLE INC COM RD tV13PD 119117 134,820.00 USD AAPI Page 18 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) 8°0 99 co n tqF I D Rated Galls. Charing Omagh Pagan IIC Imlay caned Engl.'s' Since 2007 subsidiary of Their* OW. Yak Melloa OM AR RATED CCOAMUNICAllONS Corp./melon OM Melba) EXCWANCC Pentint U.C.frete FINIZA.Wha.GM-00046277 DB-SDNY-0009101 EFTA_00 156886 EFTA01289249 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) November 12017 - November 30,2017 SOUTHERN FINANCIAL LLC Proms; Trade; Sett lemenl Trance:Non Date Date Maity Type Description Quanta). Price Acaued Interest Amount Comm Dividends and Interest (continued) 11/16/17 CASH DIVIDEND RECEIVED 2000000 BANKAMERCO PE NONCOUULATIVED SHS 81.25010 USD 060505018 FIXED TO FLOAT 8.25% 04/ 30/ 58 8IE DTD 04)30/08 CL8 RD PD 4E/17 11/27/17 BOND INTEREST RECEIVED 490000 WASHINGTON M UT M TGSECSCORP 2004-RA2 M TG 3.021 10 USD 939336520 PASSTHRU CIF CI. C-B-I VAR RATE 6.996% 07/25/33 6/ E DTD 06/0104 RD 13/31PD 1/25/17 11129/17 CASH DIVIDEND RECEIVED .PM ORGAN FLOATING RATE INCOME FUND CLASS I 10.250.80 USD .PHSX 31837.8800 SHRS RD 1127 PO 1/29/17 11130/17 MONEY M ARKET FUND CELITSCHEGOVT CASH 3.32530 USD INCOME RECEIVED PER2320 45 Total Dividends and Interest - U.S. DOLLARS 0.00 268,956.48 Distributions 11/21117 RETURN OF PRINCIPAL /290000 WASHINGTON 14 UT MI6 SECS CORP 2004-RA2 Al TG 338.33 USD RECEIVED PASSTHRU CIF CL C-8-1 VAR RATE 6 996% 07/26133 8/E DTD 939336520 06/0104 RD 0/31P01/25/9 11/30/17 PARTNERSHIP DISTRIBUTION 26367 SHRS APOLLO GLOBAL M GMTLLC CL A SHS RD 1/21PD 102.63123 USD APO 43014 Total Distributions - U.S. DOLLARS 0.00 102,969.56 Cash W it hd rawals and Deposits 11/22117 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -78,000.00 USD USD999997 11/29/17 FEDERAL FUNDSSENT DEUTSCHE BANK TRUST 43.000.00 USD USD999997 Total Cash Withdrawals and Deposits - U.S. DOLLARS 0.00 ,141,000.00 Total Value of Transactions -12,540.49 -20,912,131.90 USD The price and quantity displayed may have been rounded. Page '9 of 22 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) 809CONFID L Rated Wallin, Clan% liner Pershing1SC. a %lag owned bay TeX Since 2007 satosIdlary of The Bank a New York Mellon DAURR£ATTD00MMUNICATI0NS Corporation OM Aldan) ,...,.. , EXCULOC firshint UK. reente, F gate, fl4cillikt9M-00046278 DB-SDNY-0009102 EFTA_00 156887 EFTA01289250 Fixed Income Analysis Bond Quality Bond Quality Mu al Value %ol Bond Martel VaNe A 2441,223.75 9% BAA 8,423,030.00 32% BA/ Lower 14,948,257.50 57% Not Rated 473,911.46 2% Total 26,288,422.71 100% 0 Pace( of Find Income 20 40 80 80 10 Bond Maturity Schedule Bond Maturity Mike Velue %of Bond Nadel yam .1 to 5 years 1,810,630.00 7% M6 to 10 years 4,173,200.00 16% Over 10 years 20,232,592.71 77% Total 26,286,422.71 100% Percentages of bond market values are rounded to the nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. Trades No. Se:: ed Settlemem Trade Activity Date bate Type Description Quality Pike Accrued interest Settlement AmouM 12104117 11130/17 Buy SMART GLOBAL HLDGS INC %IS 1,800.000 33.5000 0.00 40.300.00 PROSPECTUS UNOERSEPARATECOVER 12104/11 11130/17 Buy VENATOR NAILS PLC SHS 1,400.000 22.5000 0.00 41,500.00 'SINS GBOOBF3ZNS54 PROSPECTUSUNCER SEPARATE COVER 12104111 11130/17 Sell VENATOR MATLSPLCSHS 4,400.000 21.9207 0.00 30,626.28 !SINS GBOOBF3ZNS54 UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 12/04/IT 11130117 Buy GRAY TBIYISION INC COM 4,600.000 14.5000 0.00 46,700.00 PROSPECTUS UNDER SEPARATECOVER 12/04/17 11/30117 Sell GRAY TELEVISION INC COLI 4,600.000 14.4087 0.00 66,088.48 UNSOUCITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED ASAGENI Total Amount of Trades Not Settled -S81,785.24 Client Service Information Your Investmeat Specialt ENJ JOSHUA SHOSHAN 280 PARK AvE- 3R0 FL NEW YORK NY 13 0 17 Coated Informmlon Telephone Number: CONFIDENTIAL — PURSUANT TO FED. R CRIbil. P. 6(e) BO 0993890 Sc30018 CONFIDO. L Rabid Cznellent Every Year Since 20O7 DALBAR RATED COMMUNICATIONS ()tall INC I Page 20 of 22 Oes.nz °wove, Pershing LC.* who*, evened Sq./WWII* Of The Bank One. Yak Mellon Corporation OINY MtlIon) PerIhnxlIC. merger unee.g714YmeeM_00046279 DB-SDNY-0009103 EFrA_00156888 EFTA01289251 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Your Account Informati n November 1,2017 - November 30,2017 SOUTHERN FINANCIAL= TAX LOT DEFAULT DISPOSITION METHOD Default Method for Mutual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize prem turn on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRONIC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. Important Informati ri and Disclosures The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing ads as the agent of your financial institution and you agree that you w ill not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain Instances, execution of securities orders:the assessment of the suitability of those transactions, w here applicable: the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Ad. • Your financial organization's contact information can bet n nh fir page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted. CONFIDENTIAL — PURSUANT TO FED. R CRilvl. P. 6(e) BO 099389CSP300 18 CONFIDO. L Rated [scented bey Year Since 2007 PALIARMITO COMMUNCAT IONS exautea Page 2) of 22 Clewing through Penbleg 114 Imlay evened sabsidiary a The Mak a Near Yak Mellon CarpontIon ('NY MeNon) Per I Finx 11.C. Won Fth-RAAR4VELGNI_00046280 DE1-SDNY-0009104 EFTA_00156889 EFTA01289252 Important Information and Disclosures (continued) Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reasons) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (Ill) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC, Legal Department. One Pershing Plaza, Jersey City, New Jersey 07399; Page 22 of 22 E30099639CO 3OM INIF I D M efivrAL CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Rated Eatrilem (my Year Sint< 2007 DALBAR RATED COMMutoCATIONS ()Catlin( I Clown. tIvough 'Want U.C. a %•o yowned subudiary of The bank of New York Mellon Corporation ISNY Mellon) Pc...prig LIS% RA.gtc!nracm_Ooo46281 DB-SDNY-0009105 EFTA_00156890 EFTA01289253 FA Deutsche Bank P.O Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIAL LLC 6100 RED HOOK QUARTER B3 ST T HOM ASVI 00802 Drututiv Lint MI.r,n /ice°. MM,tfmr„ Marini <petal< C4Cug O•vnche MS, POW Yon C•te 30 Pot <m,n¢. )611 Flow Nerd Ton., Wert October 1,2017 - October 312017 Account Number Portfolio at a Glance Tne Period Yew-to-Date Your Investment Specialist BEGINNINGACCOUNT VALUE 9110,380,431.53 9117,069,956.26 JOSHUA SHOSHAN NO Cash Deposits and Withdrawals 0.00 -1,132,731.96 (212) 454-4433 NM Securities In/Out of Account 4,918,997.00 44,473215.50 Adjusted Previous Account Value 107,461,434.53 81,464,008.80 Dividends, Interest and Other Income 280,841.13 2,652,214.25 Total Taxes Withheld 0.00 4,076.09 Other Transactions -25.00 -400.00 Net Change in Portfolio' 5,667,966.72 29,300,210.42 ENDINGACCOUNT VALU Armed Interest 5305,370.75 Estimated Annual Income 53,446,894.41 Asset Summary 'Net Change in Portfolio is the difference between the ending account value and beginning account value after activity. Percent And Type Prior Yaland Met Period ThisPeriod 7% Cash, Money Funds, and Bank Deposits 15,864,445.94 14,469,498.42 7,759,402.53 21% Fixed Income 19,233,099.80 19.062.244.51 24,497,834.38 in 66% Equities 19,000,010.52 70,566,688.60 74,652,509.26 3% Mutual Funds 0.00 3,000,000.00 3,016,071.21 3% Exchange-Traded Products 2,972,400.00 3,282,000.00 3,464,200.00 100% Account Total (Pie Chart) 9117469,856.26 9110,380,431.53 $113.410,017.38 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) " 136)71 F I D Page 1 of 23 RAS hottlent Every Yes, Since 2007 DALIAR RATED COMMUNICATIONS LICILLINCI Claim. through Pershing IIC a akoly evened sobsidiary a The Bonk a Ne York Mellon CarpotatIon (IINY Mellon) Peri FinxlIC. melte. FINRA.VACYreehl—°°°46282 DB-SDNY-0009106 EFrA_OO 156891 EFTA01289254 Summary of Gans and Losses ThisPeriod Realized Yearze-Date Unrealized Short-Term Gain/ Loss 12,352.49 154,803.40 335.780 27 Long-Term Gain! Loss 529.33 -720.170.15 30.495.106 14 Net Gain! Loss 12,881.82 -565,36615 30.830.886.11 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the ECB" ) and other credit institutions introduced negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 1099 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances. Money Market Fund Detail Date Activity Type Sweep Money Market Fund DEUTSCHEGOVT CASH INSTL Current Yield 0 95% Activity Ending: 10/ 31/17 Description Amount Balance 09/30/IT Opening Balance 14,466,798.42 14.466.798.42 10/02/17 Withdrawal MONEY FUND REDEM PTION -18,685.00 14,448,113.42 10103117 Withdrawal MONEY FUND REDEMPTION .1,176,872.42 13.271.241.00 10/05/17 Withdrawal MONEY FUND REDEMPTION -1.004.964.33 12.266.276.67 10/10/17 Deposit MONEY FUND PURCHASE 111.991.40 12.378.268.07 10/11/17 Deposit MONEY FUND PURCHASE 11,625.00 12.389.893.07 10113/17 Withdrawal MONEY FUND REDEM PTION -1,027,053.63 11,362,839.44 10/17/17 Withdrawal MONEY FUND REDEM PTION -504.360.42 10.858.479.02 10/18/17 Withdrawal MONEY FUND REDEMPTION ,163,188.70 10.695.290.32 10/20/17 Withdrawal MONEY FUND REDEMPTION -1.049.874.06 9.645.416.26 10/23/17 Withdrawal M ON EY FUND REDEMPTION -127.673.60 9.217.742.66 10/24/I7 Withdrawal MONEY FUND REDEMPTION -23,407.30 9,194,335.36 10126/17 Withdrawal MONEY FUND REDEM PTION -2,311,427.14 6,882.908 22 10130117 Deposit MONEY FUND PURCHASE 24,293.43 6,907,201.65 10/31/17 Deposit MONEY FUND PURCHASE 843.660.73 7,750,862.38 10/31/17 Deposit IN CO M E REIN V EST 8.540.15 7.759.402.53 10/31/17 Closing Balance $7,759,102.53 Total All Money Market Funds 57,759.402 53 Page 2 of 23 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) F I D ffI PTAL 8010136soori Rated Estrilent Even Year Sint 2O07 DALIAR RATED COMMUNICATIONS IXCILLINC( Clewing tiny.. Penhwe tLC. a witolly owned subsidiary of The Oak *I New York Mellon Corp:noon ISNY Mellon) pc, ow.: ,it,RA.g41 GM_00046283 DB-SDNY-0009107 EFTA_00 156892 EFTA01289255 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary October 1,2017- October 31,2017 SOUTHERN FINANCIAL LLC 04110t Period Untie Non %So Taxable Yeato-Dele Noa Taxable Dividend Income Equities 2.505 15 0.00 869,695.34 0.00 Money Market 8,540 15 0.00 99224.79 0.00 Other Dividends 207,195 01 0.00 810,695.01 0.00 Interest Income Bond Interest 62,403.14 0.00 384,848.92 0.00 Other Interest 0.00 0.00 103.545.60 0.00 Expenses Margin Interest 0.00 -2.32 0.00 4.83 Withholding Taxes 0.00 0.00 4,076.09 0.00 Fees(Foreign Securities) 45.00 0.00 300.00 0.00 Total Dividends, Interest, Income and Expenses 8280,818.45 42.32 82,281,833.57 44.83 Distributions Alternative Investments 0.00 0.00 0.00 384,209.22 Other Distributions 0.00 459.05 0.00 23.057.78 Total Distributions $0.00 $459.05 $0.00 $407,287.00 Portfolio Holdings Artrvily Opening Ooilg Accrued Income 304:lay Current Accouni Opening Dale Duality Number Biding Balance lace Incase Iltb Yen Yield Yield CASH, MONEY FUNDS, AND BANK DEPOSITS 7 00% of Portfolio Margin Balance 2,70000 0.00 Money Market DEUTSOIE GOVT CASH INSTL 09130117 7,759,402.530 NIA 10131117 14,488,798.42 7.759.402.53 0.00 99,224.79 0.94% 095% Total Money Market 814,488,798.42 $7,759,402.53 $0.00 $99,224.79 TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $14,489,498.42 $1,759,402.53 $0.00 $99,224.79 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) BO 10 1323CSP30 020 CONFIDOs L Page 3 of 23 Wed tiornent tray Year Since 2007 PALIARMITO COMMUNICATIONS LxiaLatia Clewing through Penlivg I1C *a.* evened sdnidiary a me Melt a New Yalt Meta CarpotatIon (SHY Mellon) Per IhnglIC. merger on) DB-SDNY-0009108 EFrA_00156893 EFTA01289256 Portfolio Holdings (continued) Due ARIAN FIXED INCOME 21.00% of Portfolio (In Maturity Date Sequence) °Asset Backed Securities WASHINGTON M UT M TG SECS CORP 2004-RA2 TG PASSTHRU CTF CL C-B-1VAR RATE 6.994% 07125133 WE DTD 06/0104 Factor: 0.4015058 McBee Date:13102/17 Current Fax Value: 51,129248 Security WHIMS. 939336520 12113113 '-- 1,290,000.000 76.5190 396,465.28 91.8440 475,870.63 Original Cost Basis: 5638,906.71 Total Asset Backed Securities $396,465.28 8475,870.63 1,290,000.000 Total Current Face Value:518,129.248 Corporate Bonds CITIZENSCOM MUNICATIONSCO SR Security Identifier: 174539AW1 NT FULLY EXCHANGED FROM 1453BAX9 7.25%03/111 WE DTD 03/23/07M pod y Rating 82 St P Rehm 8 10103117 1,000,000.000 100.0960 1,000,960.09 100.5030 1.005.030 00 Original Cost Basis: 5100100600 FRONTIERCOMMUNICATIONSCORP Security Identifier: 35906AAH1 SR NT FULLY EXCHANGED FROM CUSP 8.540%04/W0 WE DID 04/12/13Moody Rating B256 P Rating B 10/11/17 1,000,000.000 98.7510 987,506.00 98.8750 988.750.00 Original Cost Basis: 5987506.00 BARCIAYSIN PLC CONTINGENT CAP NT Security Identifier: 06739FHK0 ISIN$ USO 6739FilK03 7.750% 0411/23 WE OTD 04/8/13 CALLABLE 0411/158 P Rating BB* 04/03113 4 e 300,000.000 100.0000 300,000.00 102.1250 306.37510 Original Cost Basis: 5300.000.00 BRA INTER LLD/ REA RN INC GTO Security Identifier: 30162RAA9 FIRST PRIORITY SR SECO NT %4A 13000% 0711123 WE DM 0712218 CLBMoody Rating MS& P Riling B 10124117 2,000,000.000 97.0250 1,940,506.00 95.7500 1,915,000.00 Nudity UM Ong Adjude4 Unguided Acaued Cod Basis Maid Rice 'Wet Vain Gibiloss Interest Original Cost Basis: 51940.506.00 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Esliraled Eshrraled Anrual Irccrre Yield 79,405.35 3,020.02 $79,405.35 53,020.02 50.00 4,069.91 9,104.11 11,250.00 708% 1.244 00 3117 78 85100 00 8 59% 6.375.00 1.356 25 23.250.00 7 58% -25,506.00 60,555.56 200,000.00 10.44% 90 10 1323C SP30 020 CONFIDO. L Rats Easikst Every Yet Since 2007 DALIAR RATIO COMMUNICATIONS INC I Page 4 of 23 Clewing Stour PflS I1C *Say evansl sabsidlarg at The in al Neat Vat Malls Carpostlan MAW Pert Finx 11.C. meet.. FINRAAWM- 00046285 DB-SDNY-0009109 EFIA_00156894 EFTA01289257 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) Date Acquired FIXED INCOME (continued) Corporate Bonds (continued) SERVICEMASTER CO NT 1250%03/0138 B/E DID 01/02198 ET CPN DTE 09/0198 CPN PM T SEMI ANNUAL ON MAR 01AND SEPOiloody Rating B2 S8 P Rating B 10/18/17 1.000.000.000 103.9980 1.039.980.89 703.0000 Original Cost Basis: $1040Q06.00 10/19/17 350,000.000 104.0000 363,999.84 103.0000 Original Cost Basis: 5364,006 00 10/20/17 80.000.000 104.0060 83.20439 103.0000 Original Cost Basis: 583206.00 Total Covered 1,430,000.000 1,481,185.52 Total 1,430,000.000 51,487,185.52 .PM ORGAN CHASE 8 CO DEP SHSREPST6 51)TH PFD SER1 FIXED TO FITG RT BD 7.900%04/29/49 BIEDTO 04/23/08M oody Wing 8AA3 S 8 P Rating BBB• 06/15/11 .." 2 2,50Q000.000 October 1,2017- October 31,2017 SOUTHERN F1NA NCIALLLC Quantity Unit co Adjusted Cod Basis Markel Price Mainly death per: 81760NAB5 107.5000 06/15/11 " 52 2.500.000.000 107.0000 Total Noncovered 5,000,000 000 Total 5,000,000.000 BANK AM ER CORP PERP NON COM ULATIVE DEP WM FIXED TO FLOAT 8.725% 04/30158 WE DTD 04/30/08 CALLABLE05/VMM oody Rating BA2 St P Rating BB, 01/10/11 ..312 2.000.000.000 102.7500 Security Identifier:466257111AI 2,687,500.00 102.5500 Original Cost Basis:52,687.50000 2.615.000.00 102.5500 Original Cost Basis: 52,675,000.00 5,362,500.00 $5,362,500.00 Security Ideetifier: 060505078 2.055.000.00 103.1600 Original Cost Basis:52,055.00010 Market \fake 1,030,000.00 360,499.99 82.400.01 1,472,900.00 51,472,900.00 2,563,750.00 2.563.750.00 5,127,500.00 55,127,500.00 2.063.200.00 Unrealized Gainiloss Acaued Estimated alimated Inters Annual Income Yield 4.980 89 12.083.34 72.500.00 7.03% -3,499.85 4,229.17 25,315.00 7.03% 404.78 966.66 5.800.00 7.03% -14,285.52 17,279.17 103,675.00 414,285.52 117,279.17 $103,675.00 -123,750.00 0.00 197,500.00 7.70% -111.250.00 0.00 197,500.00 7.70% -235,000.00 0.00 395,000.00 4235,000 00 50.00 5395 000.00 8.200.00 74,930.56 162,500.00 7.87% CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) L Page 5 of 23 Rated Gallen, Claming thtough Pershing LC. a tAtoilt owned bay TeX Since 2007 setaldiary of The Bank or New York Mellon DALIARPARDCPAMMICATIONS Corporabon(INY Mellon) ,, UCULINCE Pennine t tC. metre F ihRA.*.IPKet,40— 00346286 DB-SDNY-0009110 EFTA_00 156895 EFTA01289258 Portfolio Holdings (continued) Dote Acquired Nudity Unit Cod FIXED INCOM E (continued) Corporate Bonds (continued) SOUTHERN CALIF EDISON CO PREF SER E 6.250% 0717/62 WE DTD 011112 CALLABLE 02/0122 Q 10.000 M oody Rating BAA1 S8 P Rat leg BBB- 01/30112 .'" 3,000,000.000 99.8750 GENERAL ELEC CO GTD FXD-TO•FLIGRT NONCUMULATIVE PERPETUAL PREFERRED 4.000% 12/03/65 REGOTD 4/03/Elloody Rating A3 S8 P Rating A 12/03/15 2,469,000.000 88.0930 sLLOYDS BANKING GROUP PLC FXD RATE RESET AD DL TIER 1SEC,S 'SIMI US$39439AG42 7.500% 04/27/88 B/E DTD 041071%58 P Rating BB- Please Provide 1,903,000.000 N/A CITIGROUP INC FXD RT SR NT PERP DEP RECPT 5.950%08/15/88 WE DTO 08141E CALLABLE0815/20 Q 14.0001loody Ratio° BA2 SS P Rating BB+ 08708/15 3,000,000.000 100.0000 Total Corporate Bonds 23,102,000.000 TOTAL FIXED INCOME 24,392,000.000 Dote MOS EQUITIES 66.00% of Portfolio Common Stocks BROADOOM LTD SITSISMS 909999014823 Dividend Option: Cash Adjusted Cod Bads Market Rice Market Value Securely Identities 842400FU2 2.996.264 25 112.8750 Original Cost Basis: 52,992,56497 Securely Identifies. 3696048114 2,175,016.17 98.0000 Original Cost Basis: 52,05,016.4 Security Identibei 539439A04 Please Provide 114.1250 Original Cost Basis: Please Neville Security Identifier: 17296725 3,000,005.99 105.5180 Original Cost Etas :$3,000,006.00 $21,304,944.02 3.386 250 00 2,419.620 00 2,171,798.75 3,185,540.00 $24,021,963.75 Nanny (MN Cost $21,701,409.30 Oad Balls Markel Price $24,497,834.38 Market Value Unrealized Gain Loss Accrued Esliraled Eslirraled Inleresi Anrual 'rare Yield 389.985 75 46.875 00 187.500.00 5 53% 244,603.83 37,309.33 98,760.00 4 08% NIA 13A79 58 142,725 00 6.57% 165,534.01 37,683.33 178,500.00 583% $545,220.98 $302,350.73 $1,848,180.00 $624,628.33 $305,370.75 $1,648,160.00 United awLeaa Estimated Estivated Maud Income Yield Security Identifier: AVG0 CUSIP: Y09827119 09/29117 2,0001 485,884.78 263.9100 10/13117 2,000 500,048.88 263.9100 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) 527,820.00 527,820.00 41,935.22 27,773.32 BO 13 1323CSP30 0 2 0 CONFIDOP Rated ['mental trey Year Since 2007 PALIAR RATIO COMMUNCAT IONS EXCILLINC 8,160 00 1.54% 8,160 00 1.54% Page 6 of 23 Clewing through Mire I1C nob* evened sobsidiary a The lark a New Yed Meta CaoporatIon (MY Mellon) PerIhnx 11.C.mertn Firran.WRIndLeFA_00046287 DB-SDNY-0009111 EFTA_00156896 EFTA01289259 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings ( continued) OeleAcquited EQUITIES (continued) Common Stocks (continued) BROADCOM LTD 545151111 S69999014823 (continued) October 1,2017- October 31,2017 SOUTHERN FINANCIAL LLC Nudity Unit Cog Cog Bags Market Price Total Covered 4,000.000 Total 4,000.000 ACVANCED MICRO DEVICES INC COM Dividend Oplion: Cash 20.000.00 of these shares are in your margin account 985131 46 $985,931.46 Security Identifier: AMO CUSP 00790397 09/15/17 20,000.000 12.3010 246,012.36 10.9850 ALIBABA GROUP HIM LTD SPONSORED ADS 101 USO SO9W927 Dividend Option: Cash Security Menlifier. BABA CUSP. 0509W 1:12 06/10/15 5.000.000 88.9500 111.719.00 184.8900 APOLLO GLOBAL M GM T LLCCL A StIS Dividend Option: Cash Security Weril Wier APO CUSIP 03762306 03/29/11 " 3 263.157.000 19.0000 4.999.983.00 31.5800 APPLE INC COM Dividend Option: Cash Security Identifier: AAPL CUSP:037833100 09105114 38.180.000 98.9500 3,777,912.53 169.0400 09/05114 3 7,200.000 98.9500 712.140.29 169.0400 09105114 3 18,620.000 98.9500 1,842,449.74 169.0400 01/11/16 250.000.000 99.0000 24.750.006.00 169.0400 Total Covered 314,000.000 Total 314,000.000 BA% SE SPONSADR 1011150552625057 Dividend Option: Cash 31,082,808.56 $31,082,808.56 Security Identifier: BASFY CUSP 055262505 01/13/15 20.000.000 25.4030 508.056.00 27.5000 BIOGEN IDEC INC COM Dividend Oplion: Cash &aunty 'daffier BUB CUS1P.09062X03 02/11/12 2.095.000 110.2720 231.01915 311.6600 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Market VA e 1,055,640.00 $1.055,640.00 219.700.00 924.450.00 8.310.498 06 6,453,947.38 1.217.088.20 3,147,524.64 42.259.999.78 53,078,560.00 $53,078,560.00 550.000 00 652.927.70 Unrealized Gainlloss 69,708.54 $69.708.54 -26,312.36 179.701 00 3.310.515 06 2676,034 85 504.617.91 1,305,074.90 17.509.993.78 21,995,751.44 $21,995,751.44 11.944 00 421.908 05 &anted Whaled *snug Income `field 16,320 00 $16,320.00 476.314.17 5.73% 96,213.60 149% 18,144.00 1.49% 46,922.40 1.49% 630.00010 1.49% 791,280 00 $191,280.00 12.092 12 219% Page 7 of 23 " 1368°KFIDO AL- Rated ticellent trey Year Since 2007 OMAR PAITO COMMUNICATIONS EXCLUINCI Clewing Heater Pecan LLC • ~yawned sobsidiary of The Wankel Mew York Mellon Ono-ream (MY Mellon) Pen. 'mg 11.C. ertretty HMV.. iWR11111%.•40 - 00046288 DB-SDNY-0009112 EFTA_00 156897 EFTA01289260 Portfolio Holdings (continued) Date Acquired EQU IT I ES (continued) Common Stocks (continued) CENTRE CORP DEL COM Dividend Option: Cash 09108114 15,550.000 FACE800K INC CL A Dividend Option: Cash 05/17/12 '13 17.500.000 GILEAD SCIENCES INC Dividend Opl ion: Cash 02105114 5,000.000 03107114 3,100.000 10124117 4.400.000 Total Covered 12,500100 Total 12,500.000 01JALCOMM INC Dividend Opl ion: Cash 09114117 5.000.000 09/20/17 5,000.000 Total Covered 10,000 000 Total 10,000.000 VOLKSWAGEN A GADR (SPONS) Dividend Option: Cash 04/13115 5,000.000 09/21/17 24,000.000 Total Covered 29.000 000 Total 29,000 000 Total Common Stocks Preferred Stocks (Listed by expiration date) GM AC CAP TR I GTO TR PFD SECS SER 2 CPS- 8125% FRED ORTLY M ATY-02/6/2040 CALL ANYTIM E 025 W/30 DAYS BEGINSOVST Dividend Option: Cash 02122112'" 80,000.000 Total Preferred Stocks Quantity US Co! 63.6450 38.0000 79.2810 79.6120 80.0900 51.1370 51.9610 50.8610 34.1880 Cog Dais Market Price Security Identifier: CNC CUSP: 411561:11 989,679.75 93.6700 Security Idenlifier FB CUSP. 3030302 665100.00 180.0600 Security Identifier. GILD CUSP: 3755581)3 74.9600 74.9600 74.9600 254.306.00 824503.00 1,074,809.00 $1,074,809.00 $42,739,140.46 396.407.00 246.797.00 352.395.71 995,599.71 5995.599.71 Security Identifier. %OM CUSP. 74752503 51.0100 51.0100 255.685.97 259,806.00 515.491.97 6515,491.97 Security Identifier: VLKAY CUSP:928662303 37.4900 37.4900 Security Identifier: ALLY PRA CUSP. 36160208 23.5350 1,882,773.60 26.2600 $1,882,773.60 Market Value Unfilled Quinton 1,456.568 50 466,888 75 3.151.050 00 2.486.050 00 374.800.00 -21,607.00 232.376 00 -14,42100 329.824.00 -22,571.71 937,000.00 -58,599.71 $937,000.00 255.050.00 255.050.00 510,100 00 $510,100.00 187.450.00 899.760.00 1.087.210 00 $1,087,210.00 671,933,704.26 2,100,800.00 52,100,800.00 458.599.71 435 97 4,756.00 -5,391.97 45,391.97 -66.856.00 79,257.00 12,401.00 S12.401.00 629.194.563.80 218,026.40 $218,026.40 Edlmated Edkaaled Annul Income Yield 10,400.00 6,448.00 9.152.00 26,000.00 626.000.00 11.400.00 11,400.00 22,800 00 $22,800.00 1,706.59 8,191.66 9.89825 69,898 25 $1,354.704.54 2.77% 277% 2.77% 4.46% 4.46% 0.91% 0.91% 145,152.00 6.90% $146.152.00 Page 8 of 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) " 1368'NF ID L Rated Galltel Clewing *each Pews tic, a 'St/owned bay You. Since 2007 SASS." a me Mak a New Yak Mellon DALIARPATEDCOINAUNICATIONS Caporaban (IINY Melba) Caltha Pt/Oita member FihRA.AWOLet9M-00046289 DB-SDNY-0009113 EFTA_00 156895 EFTA01289261 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) October 1,2017- October 31,2017 SOUTHERN FINANCIAL LLC jriealized Estimated Editiated Date Acquired Quantity Unit Cod Cod Bads Market Price arlet Van. e Gair Loss Annual income Yidd EQUITIES (continued) Options CALL 00 QUALCOM IA INC Option Went did: 990ALPSCI EXP Mr-9052.500 OPTION ROOT: OCOM Underlying Security Identifier OCOM -50 10 ol these contracts are a short position Underlying Security Price: $5101 09114117' 40.000 1.4860 -7.427.82 1.1700 -5.850.00 1.577 82 CALL 90 QUALCOM IA INC Option Identifier: 1,30ALPBCJ EXP 119.9055.000 OPTION ROOT: QCOM Underlying Security Ideal kr: QCOM -50.00 01 these contracts are a short position Underlying Security Price: 55101 09/20/17 40.000 0.8710 4,355.89 0.5000 -2.500.00 1,855.89 PUT 90 QUALCOMM INC UP n1747050.000 Option Ideal 990ALPSOU OPTION ROOT: MOM Underlying Security Identifier: 000M -00 10 of these contrails ale a shod position Underlying Security Price $5101 09114117' 40.000 1.5130 -7.564.82 12700 -6.350.00 1.21412 09/20/17 40.000 1.1240 4.620.86 1.2700 .6.350.00 -729.14 Total Noncovered -100.000 -13.185.68 -12,700.00 485.68 Total -100.000 413,185.68 412,700.00 $485.68 60.00 CALL 110 SPUR SEP 500 ETF TR TR UNIT Option Id mil Wier. 990AFT223 EXP 21-170255 000 OPTION ROOT: SPY Underlying Security Identifier: SPY Underlying Security Price:5257.15 09127117 620.000 2.1920 135.879.00 4.6100 285.820.00 149.941.00 CALL 00 GILEAD SCIENCES INC Option Identifier 990AKP6JT EXP 244085.000 OPTION ROOT: GILD Underlying Security Identifier GILD -60.00 of I hese contracts area shod position Underlying Security Price 574 96 10/24/17 -60.000 13130 -7,880.81 0.3100 -1.860.00 6,020 81 PUT 100 GILEAD XIENCESINC Option Identifier 990AKP6KH EXP 2-5.7075.000 OPTION ROOT: GILD Undertying Security Identifier. GILD -25.00 of these contrads ate a short position Underlying Secunly Price 574 96 10/24/17 • 45.000 1.1500 -7.476.82 2.8000 -18.200.00 -10.723.18 10/24/17 • 40.000 1.1600 4.958.83 2.8000 -16.800.00 -9,841.17 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) " 1368°NFID L Rated Galls. bay Year %ice 2007 DALIARIATEDCOMMUNICATIONS LXCGAINCE Page 9 of 23 Clewing through Pershong LW. a %lag owned subsidiary of The Balk el New York Mellon Corporal on (IINY Melba) Pontioat LC. minter iihen.g4q2PM-00046290 DB-SDNY-0009114 EFTA_00156899 EFTA01289262 Portfolio Holdings (continued) Date Acquired Quantity EQUITIES {continued) Opt ions (continued) PUT 90 GILEAD SCIENCESINC (continued) Unit Cog Cog Bags Market Price Total Noncovered -125.000 Total -125.000 CALL 130 GILEAD SCIENCES INC EXP 4.6.4082500 OPTION ROOT= GILD 45.00 of these contracts area short position -14,435.65 -$14,435.65 Option Identifier. 990ALHGAB Underlying &min, Identifier. GILD Underlying Security Price: 51496 10124117' -65.000 2.0680 -13.443.68 0.5300 CALL 130 SPQR S&P 500 ETF TR TR UNIT EXP 124170254.000 OPTION ROOT= SPY Option Identifier: 990ALK878 Underlying Security Identifier: SPY Underlying Security Price:5257.6 09/27/17 500.000 2.6480 132.406.00 5.3900 CALL 130 BROADCOM LTD SUS 'SINSSG/9990%823UP 24170250.000 OPTION ROOT= AVGO -20.00 of these contracts are a short position Option Identifier:990ALCIFII Underlying Security Identifier: AVOID Underlying Security Price: 526391 09129117' -20.000 10.3040 -20,608.52 20.1000 CALL 100 BROADCOM LTD SUS ISMS S0399906823 EXP 4-5.40260.000 OPTION ROOT= AVG0 -20.00 of these contracts area short position Option Identifier: 992A1.09R4 Underlying Security Identifier: AVG0 Underlying Security Price' $26391 10/13/17 • -20.000 7.8690 -15.738.63 14.0000 PUT 90 8ROADC011 LTD SliS IS1Nt SG9999014823 DP 2-6-110240.000 OPTION ROOT= AVG0 -40.00 of these contracts area short position Option Identifier:990409M Underlying Security Identifier: AVOID Underlying Securely Price:5263.91 09/29117 -20.000 11.8430 -23,68544 3.7900 10/13/17 • -20.000 77790 -15,558.63 3.7900 Total Noncovered -40.000 Total -40.000 PUT 90 ADVANCED Al ICRO DEVICES INC 0011 DT g-sirguaoci OPTION ROOT= AMD -300.00 of these contracts area short position -39,244.07 439244.07 Option Identifier: WIALANL Underlying Security Identifier: AM() Underlying Security Price: 99 99 10/25/17 ' -300.000 0.8100 -24,293.43 2.1700 Market Value -35,000.00 -535,000.00 -3,445.00 269.500.00 40 200.00 -28.000.00 -7.580.00 -7,580.00 -15,160.00 415,160.00 -65.100.00 Unrealized Gaintoss -20,564.35 420.564.35 9,998.68 137.094.00 -19,591.48 -12.261.37 16,105 44 7,978.63 24.084.07 924,084 07 -40,806 57 Estimated Edkaaled Annual Income Yield $0.00 $000 Page '0 of 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) L-- Rated [smitten Clewing through habil; LLC, • made owned (my Year Since 2007 sobsidiary of TM Bask el Mew Yalit Mellon DAMAR RAM COMMUNICATIONS Como-Ulm (MY Wilco) , r . L‘Ctlittla Perching 11.C.met-tan IthRA:gWah9M—00346291 DB-SDNY-0009115 EFTA_00 156900 EFTA01289263 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) October 12017- October 31,2017 SOUTHERN FINANCIAL= Date Acquired Quantity Unit Cog Oast Bads Market Price al riot cake Unrealized Gainless Estimated EdInuiled Annual Income Yidd EQUITIES {continued) Options (continued) CALL 130 TIM E ARNB1 INC NEW COM NEW Option Identifier: 99QAHDGU EXP 010-10130.000 OPTION ROOT: MX Underlying Security Identifier: MX Underlying Security Nice: $9829 10113117 10.000 4 5360 4.536.00 2.1000 2.100.00 -2.436.00 PUT DO CURENCYSHARES EURO Option Identifier. 990AHRONU TR EURO SHS E0 0143-13a112.000 Underlying Security Identifier: FXE OPTION ROOT: FXE Underlying Securily Nice: $1/238 10/17/17 7.000 0.9100 637.00 1.0400 728.00 91.00 10/17/17 2,593.000 0.9100 235,969.00 1.0400 269.672.00 33,703 00 Total Covered 2.600.000 236,606.00 270.400 00 33.794 00 Total 2,600.000 $236.606.00 $270,400.00 $33.794.00 $0.00 Total Opt ions $348,812.82 $618,005.00 $269,192.18 $0.00 TOTAL EQUITIES $44,970,726.88 $74,652,509.26 $29,681,782.38 $1,499,856.54 Usceelized EdImated alkided Date Requited Quantity Unit Cod Cod Bads Market Ptice Market Value Gain tots Annual Income Yield MUTUAL FUNDS 3.00% of Portfolio +PI/ORGAN FLOATING RATE INCOME FUND CLASS' Open End Fund Dividend Opl ion: Reinvest: Capital Gains Option: Reinvest Security Wealilia:Si/6X CUSIP. 48415E 09/28/17 318.809.777 9.4100 3.000.000.00 9.4300 3.006.376 20 6.376 20 117.041.44 3.89% Reinvestments to Date 1,028.103 9.4300 9,695.01 9.4300 9,695.01 0.00 377.44 3.89% Total Covered 319,837.880 3,009,695.01 3,016,071 21 6,376.20 117,418 88 Total 319.837180 $3.009.695.01 $3,016.07121 $6.376.20 6117,418.88 TOTAL MUTUAL FUNDS $3,009,695.01 $3,016,071.21 $6.376.20 $117418.88 Page of 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) "13 CONFIDO L Rated ticellent trey Year Since 2007 DAllIAR RAM COMMUNICATIONS EXCULINCI Clewing through Pashas LLC, • May owned SASS." of The Bonk el Mew York Mellon Canceabon (MY Mellon) Pereira11.C. nen-6n HMV.. tleil. )ha9m—C-"46" 4 DB-SDNY-0009116 EFTA_00 [5690 I EFTA01289264 Portfolio Holdings (continued) Dale AEgSed EXCHANGE-TRADED PRODUCTS3 00% of Portfolio Quantity UM Coll Unrealized Cod Bade Makel Nice Market Value Colorists Estimated Estimated Annual income Yield WISDOM TREE TR JAPAN HEDGED EQUITY ED Dividend Option:Cash:Capital Gains Option: Cash 60900.00 of these shares are in year margin amount 12111/13 60,000.000 49.4350 TOTAL EXCHANGE-TRADED PRODUCTS Security Identifier: DEJ CUSIP.9771W851 2,966,098.50 58.0700 3,484,200.00 518,101.50 82,234.20 2.36% $2,966,098.50 $3,484,200.00 8518,101.50 882,234.2D Unrealized Accrued &limited Cost Baas Market Value Gain Loss Interest Annual Income TOTAL PORTFOLIO HOLDINGS $80,407,332.22 8113,410,017 38 830,830,886 41 $305,370 75 $3,446,894.41 Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth inthe Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as "covered", were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1399-B for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as covered. However. if t he account does not receive a 10998. the cost basis will not be reported to the IRS. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds. bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as fo the accuracy of thisinformation. s Unrealized gains and/osses are not reported for securities for which cost basis or market value is not available. e The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may changeover time and are obtained from sources we believe fo be reliable. 12 Pershing has received updated cost basisinformation, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. 13 The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEAS OF PRICE DATE ONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEN ENT DATE jv CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) F I D Rri AL' B010136 slr:t3i0N) Noted EstrUent (very Year Sine 2007 DALIAR RATED COMMUNICATIONS IXCILLINCE Page '2 of 23 Clowns through hobos LC • Moly owned subsidiary of The in *I New York Mellon Corporation (MY Mellon) P.,,P4n4 tic. ,...may. RA.%WILE,GM_00046293 DB-SDNY-0009117 EFTA_00 156902 EFTA01289265 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings Disclosu. es (continued) October 1,2017 - October 31,2017 SOUTHERN F1NA NCIAL LLC Estimated Annual figures The estimated annual income (EA I) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.comi disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities: and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 13 of 23 80101323CSF30020 CONFIDOs L Rabid Gottlent Every Year Since 2007 DALIAR RATED COMMUtisCATIONS ()tallINCE Cleanng through Politic 11C.* urlay evened sobsidiary of The Bonk col New Yak Melba CarpontIon (MY Mao) Per Ihnx LL FtrataNselt000 46294 DS-SDNY-0009118 EFTA_00156903 EFTA01289266 Schedule of Realized Ga is and _osses Curren, Period Description Date DNpoad Date Acquired Dal orlon Disposition Methods Transaction Ouantuy Promos Cost Boils Reeked Oak' Loss Short Term OSAIC ACQUISITION U 10119117 10/19/17 Covered First In First Out! Sal 6.000.000 60152.59 60.000.00 652.59 CL A 8 T3 WT ESPIONIKY6628 481171 Security Identifier. 662848T1/ TV AZTECASAB DE CV 10130/17 09129117 Noncovered' First In First Out! REDEMPTION 1.871001000 642182.43 643.843.20 -1.160.77 NT REG S 'SINS X60972684954 Original Cost Basic 64314320 7.625%09/S/20 REG DID 09/6/ Security Identifier. P9423F8K4 BP MIDSTREAM PARTNER 10126/17 10/26117 Noncovesef First In First Out! SELL 4,300.000 74,191 79 77.400.00 -3.208 21 LTD PARTNERSHIP INT Security Identifier. 0556ELV9 HUTCHISON CHINA MEDI 10126/17 10/26/17 Covered First In First Out! SELL 700.000 19191 53 18.550.00 1,441.53 PONSORED ADR Security Identifies. 44842103 PO GROUP HL0GSINCC 10/05/11 09/29/17 Covered First In First Out! SELL 1400 000 111,991.40 112,000.00 4.60 Security Identifies. 739431133 REV GROUP INC COM 10113/17 10/13/17 Covered First In First Out / SELL 2,700 000 73,417.30 73,575.00 -157.70 Security Identifies. 7495271)7 PUT ADVANCED MICRO 10123/17 09/20/17 Covered First In First Out! EXPIRE OPT SHT -200 000 14,793 65 0.00 14.793.65 1300 Security Identifies 99OAKJYL4 Total Short Term 997,720.69 985,368.20 12,352.49 Long Term WASHINGTON MUT MTGS 10124111 12/13/13 Noncovered'' REPYMT OF PRIN 1.290.000.000 2254.25 1.724 92 529.33 004-RA2 NIG PASSTHRU CIF CL C- Original Cost Basis:1724.92 8-1VAR RATE 6.994%07/25133 Security Identifies. 939336520 Total Long Term 2,254.25 1,724.92 529.33 Total Short and Long Term 999,97414 987193.12 12181.82 Noncovered under the cost basis rules as defined below. Generally, securities acquired before 20 11, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Act of 2008. and are marked as "noncovered". Securities marked as 'covered'. were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1099.8 for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may m ark the account as covered. However, if t he account does not receive a 10998, the cost basis will not be reported to the IRS. Page '4 of 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) "1 CONFID Rated ticelleni bay Yew Since 2007 DAUM PATEDCOMMUNICATIONS Dtallffia Clewing through Penis's LC* Say gonad stIssidiary of Ile in a Nov Y.:4 Mellon Corporation (1111Y Aidion) nentinstiC.freer. FinitA.ZtV€11 __00046295 DB-SDNY-0009119 EFTA_OO 1569O4 EFTA01289267 a Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period (continued) October 1,2017 - October 31,2017 SOUTHERN RNANCIALLLC This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes. especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099.0 or online displays you may have available to you W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular. there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities. and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election. type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances. including those involving foreign bonds, bonds sold short or bonds issued with less I han one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. $ The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-B M essages M UNICIPAL SECURITIESRULEM AKING BOARD®(M SRB®) INVESTOR EDUCATION AND PROTECTION An investor brochure that describes the protections available under M SRB rules and instructions on how to file a complaint with an appropriate regulatory authority can be found on the M SRB w ebsite. msrb.org. Pershing LLC is registered with the Securities and Exchange Commission (SEC). MSREL FIN RA. and NYSE Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rile 10b-10(b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) " 13CONFIDO' Rated ticellent fray Year Since 2007 DAMMAM COMMUNICATIONS LVALLINCI Page '5 of 23 Clewing through Prangs LC* tAtoly owned sobsidiary a The Bank *I New York Mellon CarporatIon (eta Mellon) Perchnx 11.C.nwroan fthtto..%WrillteM_00046296 DB-SDNY-0009120 EFTA_00 156905 EFTA01289268 Activity Summary H, c,) Debits TbisPeiltd Net TIOsPerrod °edits Year-to-Date Debris Year-to-Dere Net Yes-to-Date Cutts lltisPerrod Securities Securities Bought 0.00 4,132,271.37 4,132,211.37 0.00 -13052,869.34 -13.052,869.34 Securities Sold 498.417.87 0.00 498,417.87 2,410,290.83 0.00 2.410.290.83 Securities Withdrawn 0.00 -2,918,997.00 -2,918,997.00 0.00 -34,473,215.50 44,473215.50 Total Securities $498,417.87 411,051,268 37 410,552.850 50 $2.410,290.83 447,526,084.84 445,115,794.01 Dividends and Interest 6280.643.45 42.32 $280,641.13 $2.392,940.91 4124.935.88 $2,268,005.03 Distributions $643,141.48 $0.00 8643,141.48 $1,408,738.12 $0.00 $1,408,738.12 Fees $0 00 425 00 425 00 $0.00 4400.00 $400.00 Taxes Withheld $0.00 $0.00 $0.00 $0.00 46,076.09 $6,076.09 Cash Withdrawals 000 0.00 000 0.00 -1,132,731.96 -1,132,731.96 Total Cash $0.00 $0.00 $0.00 $0.00 41,132,731.96 41,132,731.96 Totals $1.422.202.80 411,051,295.69 49,629,092.89 $6.211.969.86 448.790.228 77 442.578.258 91 Transactions by Type Activity of Roca& Trade Sett lemtnr Transaction Date Dole Activity Type Desaiption Quaint/ Price Accrued Interest Amount Dirrenq_ Securities Bought and Sold 10/02/17 09f28/17 SOLD CLOUDERA INC 002 UNSOLICITED ORDER -1.300.000 17.4600 22.528 47 USD CLDR 10/02117 09128/17 PURCHASED CLOUDERA INC OOM PROSPECTUS UNDER SEPARATE COVER 1,300 000 16.4500 -21,38500 USO CLDR 10/02/17 09129/17 SOLD SHORT CALL HO BROADCOM LTD SHSISINISG9999051823EXP -20 000 10.3825 20,608 52 USD 9904109FM 12-15-170250.000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 10/02/17 09129/17 SOLD SHORT POT 130 BROADCOM LTD SHS ISMS S099990%823 RP -20.000 11.9210 23,685.44 USD 9904109RJ 21.170240000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 10103/17 09/29/17 PURCHASED TV AZTECA SAB DE CV MEDIUM TERM NT REG S 1,876,000 000 104.0000 -1,966.87 -645,810.07 USD TAZT4 0013 !SINS X53 972684954 7.625%0911120 REG DM 09fif 13 CLB YLD 6125 TO MAT FACTOR .3300000000 REM ML 69080 00 AS OF09/29/2017 10/03/17 09129117 PURCHASED BROADCOM LTD SHS $69999014823 BKCM A PERSHING 2,000 El -485.884.78 USD AVGO AFFILIATE M AKESA MKT IN THISSECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKERACTED ASAGENT Page *6 of 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) "iroNFIDO L Rated Excellent beet Year Since 2007 PkIlAlt MUD COMMUNICATIONS EXCILLINC( Glenn& tint's,. Pershing LW. a .lay owned eubudiary of The lank anew York Mellon Corporation ISNY Mellon) P.:v.1 ,74 tic. rnn-r,a, , IliRA.Wpf,acM_00046297 DB-SDNY-0009121 EFTA_00 156906 EFTA01289269 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Transactions by Type of Activity (continued) October 1,2017- October 31,2017 (7:curl-wooed PIMA 'drift I l ir Roast Trade, Stillman! Transadlon Date Dale Adivky Type Description Ouentey Price Acaued inters Amount Currency Securities Bought and Sold (continued) 10103/17 09129/17 PURCHASED PO GROUP HIDGS INC COM PROSPECTUS UNDERSEPARATE 6.400.000 17.5000 -112.000.00 USD POG COVER 10105/17 10103/17 PURCHASED CITIZENS COMM UNICATIONS CO SR NT FULLY EXCHANGED 1,000,000.000 100.1000 -3,958.33 .1.004,964.33 USD FTR3670829 FROM 17453BAX9 7.25% 03(5/9 B/E DTD 03)23)01 YLD 7 046 TO II AT 10110/17 10105111 SOLD PO GROUP HLDGS INC COM UNSOLICITED ORDER ALLOCATED 1.400 000 17.5400 111,991 40 USD POG ORDER YOUR BROKER ACTED AS AGENT 10/13/17 10111/17 PURCHASED FRONTIER COM MUNICATIONSCORP SR NT FULLY EXCHANGED 1.000.000.000 98.7500 42.027.78 -1.029.533.78 USD FTR3684517 FROM CUS1P 8 500% 041572081E DTD 04/12/9 YLD 9.068 TOMAT 10/16/17 10113/17 PURCHASED CALL DO TIME WARNER INC NEW COM NEW EXP 10.000 4.5000 4,536.00 USD 990AHOGHJ 046.16@90 000 OPTION ROOT= TWX OPENING TRANSACTION UNSOLICITED ORDER EXCHANGE LISTED OPTION 10/16/17 10113/17 SOLD SHORT CALL AO BROADCOM LTD SHSISINK 939999014823 EXP -20.000 7.9475 15.738 63 USD 990ALO9Fil 4.15.4@260 000 OPTION ROOT= AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 10/16/17 10113/17 SOLD SHORT PUT DO BROADCOM LTD SHSISINO SG9999014823 FXP -20.000 7.8575 15,558 63 USD 990ALO9FW 4.15-4@240 000 OPTION ROOT= AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED 10/17/17 10113/17 PURCHASED BROADCOM LTD SHS !SINK 939999014823 BKCIT A PERSHING 2000. -500.04668 USD AVGO AFFILIATE MAKESA M KT IN THISSECURITY & ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 10/17/17 10113/17 SOLD REV GROUP INC COM UNSOLICITED ORDER ALLOCATED ORDER •2,700.000 27.2500 73,417.30 USD REVG YOUR BROKER ACTED AS AGENT 10117/17 10/13117 PURCHASED REV GROUP INC COM PROSPECTUS UNDER SEPARATE COVER 2,700 000 27.2500 -73,57500 USD REVG 10/1807 10117/17 PURCHASED PUT DO CURBICYSHARES EURO TR EURO SKS EXP 7.000 0.9000 637.00 USD 990AHRONU 046.9@14000 OPTION ROOT= REOPENING TRANSACTION UNSOLICITED ORDER EXCHANGE USTED 10/18/17 10117/17 PURCHASED PUT DO CURBICYSHARES EURO TR EURO 915 EXP 2.593.000 0.9000 -235,969.00 USD 990AHRONU 049-13014 000 OPTION ROOT= FXE OPENING TRANSACTION UNSOL EXCHANGE LISTED Page '7 of 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) N46-023804 "rolIFIDO L Rated [smitten bey Year Since 2007 OMAR MITO COMMUNICATIONS EXCLIAGICI Clewing through Penhirg 11C. a VilayOWIIS sobsidiary of The Mak el New Yak Mellon 02000eatIon (MY Melba) Pe,om LICertn—bn IthRA.RWIfiliwm 00046298 DB-SDNY-0009122 EFTA_00 156907 EFTA01289270 Transactions by Type of Activity (continued) Process Trade; Settlement Trans/Mon Date Date Adivily Type Description Quality Price Awued Interest Amount Currency Securities Bought and Sold (continued) 10/19/17 STOCK sair RECEIVED 5000 MRS BASF SE SPONSADR ISINt USD 552625057 RD Alit 15.900.000 000 USD RAO PC 515117 10120/17 10118/I7 PURCHASED SERVICIN ASTER CO NT 7250% 03/0138 B/E DTD 03/02/98 3000.000 • 1,868.06 .1.049,874.06 USD SYM GD YLD 6.881TO MAT 10123/17 10119/17 PURCHASED MOSAIC ACQUISITION UNITS1SHSCL A8 13W T EXP 6100 000 10.0000 -60,000.00 USD MOSC U 'SINS KYG62848 WI PROSPECTUS UNDER SEPARATE COVER onvu 10119117 SOLO MOSAIC ACQUISITION UNITS1SHSCL A8 13 W T EXP -6.000.000 10.1500 60.652 59 USD MOSC U 'SINS KYG52848111UNSOL AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT onvu Oa 9/17 PURCHASED SERVICEM ASTER CO NT 7.250% 03/0138 WE OTC 0G02/98 350.000 -3,665.28 -367,671.28 USD SVII CID YLD 6.881TO MAT 10123/17 YOUR OPTION EXPIRED PUT DO ADVANCED MICRO DEVICES INC OOM EXP 200.000 0.00 USD 990AKJYL4 A-20. 70A 00 OPTION ROOT: AM D AM D CLOSING TRANSACTION onvu warn PURCHASED SERVICBI ASTER CO NT 7.250% 03/0 /38 BIE DTD 03/02198 80.900 -853.89 44.059 89 USD SVM GD YLD 6.880 TO MAT onun onon SOLO SHORT CALL AO GILEAD SCIENCES INC EXP 2447085100 OPTION -60.000 1.3445 7.880.81 USD 990AKPLIT ROOT: GILD OPINING TRANSACTION UNSOL EXCHANGE LISTED OPTION 10125/17 onvu SOLD SHORT PUT DO GILEAD SCIENCES INC DP21-1075.000 OPTION 15.000 1.1812 747682 USD 990AKP6101 ROOT: GILD OPENING TRANSACTION UNSOI EXCHANGE LISTED OPTION onuu onvo SOLO SHORT PUT DO GILEAD SCIENCES INC EXP 2417075.000 OPTION -60.000 1.1898 6.95813 USD 99CIAKP5KH ROOT: GILD OPENING TRANSACTION UNSOL EXCHANGE LISTED OPTION onuu onvo SOLO SHORT CALL DO GILEAD SCIENCES INC EXP 4L-9082500 OPTION 15.000 2.0992 13,443.68 USD 990ALMGAB ROOT: GILD OPINING TRANSACTION UNSOI EXCHANGE LISTED OPTION onuu onvu PURCHASED EXELA INTER LLC / EXELA FIN INC GTO FIRST PRIORITY SR SECD 2.000.000 000 97.0250 -57.777.78 -1,998,283.78 USD EXLI4514t9 NT MA 13.000% 07/15/238/ECTD 07/12J17CLBYLD 13701 TOMAT onuu ono u PURCHASED GILEAD SCIENCES INC BKCAI A PERSHING AFFILIATE M AKES A 4,400 000 80.0485 -352,395.71 USD GILD M KT IN THISSECURITY I ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED ASAGENT own 10/25/17 SOLD SHORT PUT AO ADVANCED MICRO DEVICES INC COM EXP -300.000 0.8200 24,293.43 USD 9904M 2.15.904000 OPTION ROOT: AM D OPENING TRANSACTION UNSOL EXCHANGE LISTED 10130/17 wow PURCHASED BP MIDSTREAM PARTNERS LP UNIT LTD PARTNERSHIP INT 4.300 000 18.0000 -77,400.00 USD 8PM P PROSPECTUS UNDER SEPARATE COVER Page 18 of 23 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) " 13663°KFIDO L-- Rated Galls. Every Year %ice1007 DALIARIATEDCOMMUNICATIONS LXCHAINCE Clewing through Pews 11C. nib" corned sebsidiary a The Bank a New Yak Mellor. Corporation (1111Y Mellon) PerMint llCarkete incen.da aPM_00046299 DB-SDNY-0009123 EFTA_00156905 EFTA01289271 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) October 1,2017 - October 31,2017 rIMA 'drift I I I r Process; Trade; Wilma' TraumaIon Dale Dale Adivity Type Desaiptam ()usably Price Acaued Interest Amount Currency Securities Bought and Sold (continued) 10130/17 10126/17 SOLD BP M IDSTREAM PARTNERS LP UNIT LTD PARTNERSHIP INT -4.300.000 17.2957 74.191 79 USD BRA P UNSOL AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED ASAGENT 10130/17 10126117 PURCHASED HUTCHISON CHINA MEDITECH LTD SPONSORED ADR 700.000 26.5000 -18,55000 USD HCM PROSPECTUS UNDER SEPARATE COVER 10130/17 10126117 SOLD HUTCHISON CHINA IA EDITECH LTD SPONSORED ADR -700.000 28.6400 19191.53 USD MCM UNSOLICITED ORDER ALLOCATED ORDER YOUR BROKER ACTED AS AGENT 10/30/17 REINVESTCASH INCOME .PM ORGAN FLOATING RATE INCOM E FUND CLASS I 1.028 103 .9,695.01 USD $HSX 3138097770 SHRSSFIRS PURCH. AT 59.43000 RD 9/26 PD 913014 Total Securities Bought and Sold - U.S. DOLLARS -120,117.99 -7,633,853.50 Securities Withdrawals and Deposits 10/02/17 YOUR ASSET TRANSFERRED ASCENA RETAIL GROUP INC COM 088 TD All ERITRADE -70,500.000 -170,610.00 USD AMA CLEARING. INC. NC 867730320 10102/17 YOUR ASSET TRANSFERREO FOUNDATION IA EDICINE INC COM Oil TO AM ERITRADE 49.830 000 -1.938.387.00 USD FM I CLEARING, INC MC 861730320 10/02/17 YOUR ASSET TRANSFERRED SANGAM 0 BIOSOENCES1NC COY 018 TO AM ERITRADE 50,000.000 -810,000.00 USD SGM 0 CLEARING, INC MC867730320 Total Securities Withdrawals and Deposits - U.S. DOLLARS 0.00 -2,918,997.00 Dividends and Interest 10/10117 FOREIGN BOND INTEREST 300000 BARCLAYS EIK PLC CONTINGENT CAP NT 11,625.00 USD 06739FHK0 'SIM/ US06739Fli KO3 7.750% 04/1/23 B/E DTD 0 At Vit3 CLB RD 1/06 ED 13/1/17 10112/17 FOREIGN SECURITY DIVIDEND 5000 SHRSGLAXOSUITHKIINE PLC SPONS ADR RD 08111PD 2305.15 USD RECEIVED 1/4/4 GSK 10116/17 BOND INTEREST RECEIVED 1000000 FRONTIER COM M UNICATIONS CORP SR NT FULLY 42,500 00 USD 35906AAH1 EXCHANGED FROM CUSH'S 500% 04/15/20 B1E (JD 041 VI RD VA PD 13115117 10/20/17 10119/17 INT. CHARGED ON OBIT MARGIN INTEREST FOR 1DEBIT DAYSAV ML 3568125 RATE 4.32 USD BALANCES 2340 09-28-17 TO 09.28.4 USD999997 Page *9 of 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) BO 101368)6 20 NFID L Rated familial Every Yew %ice 2007 DA UM PATEDCOMMUNICATIMIS EXCELLENCE Claim throve. PeaNng LC. • Say .Ud SSA., of The INA a Mn. Yalt Melba Caporal on (IINY Melon) ,„.. FiontimuCrreente invitn. tleAcqatm-00046300 DB-SDNY-0009124 EFTA_00 156909 EFTA01289272 H ansact ions by Type of Activity (continued) Process' Trade; Settlement Transaction Cite Dete AdivNy Type Desaiption Quante, Price Acaued Interest Amount Waren, Dividends and Interest (continued) 10/25/17 BOND INTEREST RECEIVED 400000 WASHINGTON MUT M TG SECS CORP 2004-RA2 MID 3,033.18 USD 939336S20 PASSTHRU CIF a C-11VAR RATE 6194% 07125/33 WE DID 06/0104 RD 09/29 PD 1/25/1 10/30117 FOREIGN BOND INTEREST 176000 TV AZTEC SAB DECV MEDIUM TERM NT REG S 5244.98 USD P9423FBK4 ISM/ XSO 912684954 1625% 09/1120 REG DTD 09/1/11CLB RD 1/27 PD /30/17 10/30/17 CASH DIVIDEND RECEIVED 5000000 PM ORGAN CHASE 8 CO DEP SKS REMO 11TH FRI 191,500 00 USD 4662511Hk) SER IRMO TO RIG RT BO 7.900% 04/29/49 BIE DTD 04/23/08 CLB R01/02 PD 30/17 10/30117 CASH DIVIDEND RECEIVED PM ORGAN FLOATING RATE INCOME FUND CUSS I 9 695 01 USD ,PHSX 31809.7770 SHRSRD 1126 PD 1/30117 10/31/17 MONEY AIMET FUND DEDTSCHEGOVT CASH 8,540.15 USD INCOME RECEIVED PER232045 Total Dividends and Interest - U.S. DOLLARS 0.00 280,841.13 Distributions 10/25/17 RETURN OF PRINCIPAL 490000 WASHINGTON MUT M 14SECSCORP 2004-RA214 TG 459.05 USD RECEIVED PASSIIMU CIF CL C-B-1YAR RATE 6 994% 0 7125/33 EVE DTD 939336520 06/0104 RD 09129 PD 1/25117 10/30/17 SECURITY REDEEMED TV AZTECASAB DECV MEDIUM TERM NT REG S 44376600.000 842,882.43 1.130 M11405113 ISMS XS09/2684954 7.625%09/8/20 REG DID 0 9/1/13 MA SECURITY REDEEM ED Total Distributions - U.S. DOUARS 0.00 643,141.48 Fees 10/12/17 FEE ON FORBGN DIVIDEND 5000 SHRSGLAXOSMITHKLINE PLC SPONS ADR RID 08/11PD 45.00 USD WITHHELD AT THE SOURCE 1112/17 GSX Total Fees - U.S. DOLLARS 0.00 45.00 Total Value of Transactions -120,117.99 -9.629.092.89 USD The price and quantity displayed may have been rounded. Page 20 of 23 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 80 13 1323C SF30 020 CONFIDOs L Rabid Enellent Clewing Heater Periling 11C. a al*, evened (very Year Since 007 stadia" of Me Bioko, New York Mellon DALBAR RATED COMMUNICATIONS CarpotatIon (MY Wilco) (10ILLINCI Per thnx 11.c,..,-tiro FINRAAV Vita&00046301 DI3-SDNY-0009125 EFrA_00156910 EFTA01289273 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 xed I lc me A nalysis Bond Quality Bond Quaky A 2,419,620.00 10% BAA 8,513,750.00 35% BA/ Lower 13,088,593.75 53% Not Rated 475,870.63 2% Tntal 24 497 R34 38 inn% 0 20 40 80 80 100 !WNW Merkel Value MatH Value Percent of Axed Income October t 2017 - October 31, 2017 SOUTHERN FINANCIAL LLC Bond Maturity Schedule Bond Maturity lotto 5 years 06 to 10 years . Over 10 years Total Martel Valt %of Bond Mutat Value 1,993,780.00 8% 2,221,375.00 9% 20282,679.38 83% 24,497,834.38 100% Percentages of bond market values are rounded tot e nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. Trades Not Settled Settlement Trade Activity Date Date Type Deserigion Nana Not Accrued Interest Settlement Amount 11/02/17 10131/17 Bay J3S INVTSGII MIGTD SR NT 2,000,000.000 99.0650 11,680.56 -1,992.980.56 REDSMit USA29888A853 7250% 04/03/24 WE DM 04103114 CL 11702/17 10/31/17 Bay SERVICSIASTER CO NT 7250% 03/01388/E moo 859.93 -73,665.93 DID 03/02/98 TM 8.880 TO Total Amount of Trades Not Settled -82,066,646.49 Client Service Information Your Investment Specula: DU JOSHUA SHOSHAN 280 PARK AVE- 3RD FL NEW YORK NY 10017 Contact Information Telephone Number: (212) 454.4433 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 80 10 1323CSF30 020 CONFIDgi L Pager of 23 Rated Cantllent Clewingthrough Penblin I1C nob* owned (wry Year Since 2007 ssisidiary of The Bank ether Yak Mellon DALBAR RATED COMMUNICATIONS OnotatIon(UtlY Mellon) LXCILLINCI Perghnx 11.C.mer-tan FINRAARKELGM-00046302 DB-SDNY-0009126 EFTA_00 15691 1 EFTA01289274 Your Account Informati n TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRON IC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. I m rt ant pt. rmati nand Disclosures The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability. • This statement will be deemed conclusive. You ere advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be • t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted. Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award Is very limited. • The ability of the parties to obtain documents, w itness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the Page 22 of 23 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) BA 101323CSF30020 CONFIDOP Rated Cacelitnt Every Year Since 2007 DALIAR RATIO COMMUNICATIONS LXCILL INC I Clewing through Penblag IIC nib* evened sabtidiery aMeBeek a New van Mellott Cenceetten (My Man) Pan hat 11.C. manta. F tivRa.SR4 VELGOA-00046303 DE1-SDNY-0009127 EFIA_00 I 56912 EFTA01289275 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Important Information and Disclosures (continued) October t 2017 - October 31.2017 SOUTHERN FINANCIAL LLC Important Arbitration Disclosures (continued) panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases:a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (Ill) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC. Legal Department. One Pershing Plaza. Jersey City. New Jersey 07399: CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) F D 4 Rated banal bay Yeas Since 2007 DA Wt PATILDCOMMUNICATIONS UMIAK Page 23 of 23 Chace...through Pershing LC. a 04e/ owned sataldiary of The Bank *I New York Wien Corporation any &Woo) PestitteltC.rreente thRA. IfE2t9IVI-0034 6304 DB-SDNY-0009128 EFTA_00156913 EFTA01289276 a Deutsche Bank P.O. Box 1776, Baltimore, MD 212O3 SOUTHERN FINANCIAL LLC 6100 RED HOOK QUARTER B3 ST THOMASVI 00802 Dtuttzke tank Misfire/felt. halalltmen Marten Central< *IOW Oevtiche Oar* Sumeitini Nay Yon Cmce 34, Pot Avenva.)611Flow Mw %AO Toll stet Cern,. September 1,2017 - 0,2017 Account Number: Portfolio at a Glance Tian Period Tear-talkie Your Investment Specialist. BEGINNINGACCOUNT VALUE $1 12,855,942.83 8117,089,958.28 JOSHUA SHOSHAN Nd Cash Deposits ad Withdrawals 0.00 -1,132,731.96 Nd Securities In/Out of Account 0.00 .31,554218.50 Adjusted Previous Account Value 112,855,912.83 84,383,005.80 Dividends. Interest and Other Income 59,873.71 2,371,573.12 Total Tres Withheld 0.00 43,078.09 Other Transactions 0.00 375.00 Net Change in Portfolio' -2,535.385 04 23 632 303 70 EN DINGACCOUNT VALUE 5110,380,431.53 5110,380,431.53 Accrued Interest $322.779 74 Estimated Annual Income S2 954 680.79 Asset Summary 'Net Change in Portfolio is the difference between the ending account value and beginning account value alter activity. Preset Asset Type Prior Year-End tad Period ThlaPerlod 13% Cash, Money Funds, and Bank Deposits 15.884.445.94 18,075.731 19 14,489,498.42 17% Fixed Income 19,233,099.80 19,128,158.30 19,082,241.51 84% Equities 79,000,010.52 72,528.455.34 70,588,888.80 3% Mutual Funds 0.00 0.00 3,000,000.00 3% Exchange-Traded Products 2,972,400.00 3,123,800.00 3,282,000.00 100% Account Total (Pie Chart) $117,069,958.28 $112,855,942.83 $110,380,431.53 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Page 1 of 22 CONFIDWFAL4 Rated tscellent beef Yew Since 2C01 CALOR RA ttD COMMUNICATIONS DICILLOCI Clearing through Maly LAC a way owned stinicliory of *a Bank 41 Now Vie Melba corporation (MY Mellon m_0O34 6305 Paging merit. FINRA.AWN! Se& DB-SDNY-OO09129 EFTA_OO156914 EFTA01289277 Summary of Gains and Losses This Period Realized Year-to-Die Unrealized Short-Term Gain! Loss 130321.62 142,450.91 31.240 71 Long-Term Gain/ Loss -798.440.50 -720,699.48 24.793882 91 Net Gain! Loss -667.718.88 -578.248.57 24.824.823.62 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECB" ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances. Money Market Fund Detail Dale Adivity Type Sweep Money Market Fund DEUTSCHEGOVT CASH INSTL Current Yield 0 93% Activity Ending' 0 9/ 29/ 17 Description Amount Bakece 09101117 Opening Balance 17,938,889.55 17.938.889.55 09/01/17 Deposit MONEY FUND PURCHASE 136.841.64 18.075.731.19 09/07117 Deposit MONEY FUND PURCHASE 214.661.01 18.290.392.20 09/08/17 Deposit MONEY FUND PURCHASE 134.540.88 18.424.933.08 09/18/17 Withdrawal M ON EY FUND REDEMPTION -240.693.33 18.184.239.75 09/19/17 Withdrawal M ON EY FUND REDEMPTION -261,206.00 17.923.033.75 09/22/17 Withdrawal MONEY FUND REDEM PTION -235,035.60 17,687,998.15 09/25117 Withdrawal MONEY FUND REDEM PTION 1,473.10 17,681,525.05 09/28/17 Withdrawal MONEY FUND REDEMPTION ,192,710.50 17.488.814.55 09129117 Withdrawal MONEY FUND REDEMPTION 4.035.681.25 14.453.133.30 09129117 Deposit INCOM E REINVEST 13,665.12 14.466.798.42 09/29/17 Closing Balance 314,466,798.42 Total All Money Market Funds 314.466.79842 Income and Expense Summary Current Period Yemeo-Oat Taxable Non lath Taxable Non Taxable Dividend Income Equities 4.212 00 0.00 867,190.19 0.00 M oney M arket 13,665 12 0.00 90,684.64 0.00 Other Dividends 2,700.00 0.00 603,500.00 0.00 Page 2 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rated (scallent fray Yee/ Since 2C01 DALIAR RATED COMMUNICATIONS mama Cloating trough Peal% LC, SIN/ owned "ISSN. atraata New Yak Melon Corporation (ONY Mellon) M_00046306 Pttshine entnin FINRA.VAPtilke DB-SDNY-0009 130 EFTA_00156915 EFTA01289278 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary (continued) September 1, 2017 - Septem ben 30, 2017 SOUTHERN FINANCIAL LLC Oment Period Yvette Non Taxa Tamble Vette-Date Noe Taxable Interest Income Bond Interest 39,296.62 0.00 322,445.78 0.00 Other Interest 0.00 000 103,545.60 0.00 Expenses Margin Interest 0.00 0.00 0.00 4.31 Withholding Taxes 0.00 0.00 4,076.09 0.00 Fees(Foreign Securities) 0.00 0.00 -275.00 0.00 Total Dividends, Interest, Income and Expenses $59,873.74 60.00 $1,981,015.12 42.31 Distributions Alternative Investments 0.00 0.00 0.00 364,209.22 Other Distributions 0.00 5,003.31 0.00 22,598.73 Total Distributions $0.00 $5,003.31 $0.00 $408,807.95 Portfolio Holdings Opening Dim OulatIty Number Biding CASH, MONEY FUNDS, AND BANK DEPOSITS 13.00% of Portfolio Cash Balance 138,811.81 0.00 Margin Balance 0.00 2,100.00 Money Market DEUTSCHE GOVT CASH INSTL 09101117 14,466,798.420 N/A 09129/17 17,938,889.55 14,486,798.42 370.42 90,884.64 0.93% 0.93% Total Money Market $17,938,889.55 $14,466,798.42 $370.42 $90,684.64 TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS Account Adivey Denn9 thing Awued Income 304)ny Current Bin Ulna MOM ThisYeer Yield Yield CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 618,076,731.19 $14,469,498.42 $370.42 $90,684.64 Page 3 of 22 CONFIDNVAL-4 Rated tialket Cron, Year loge 2007 DAUM PA till COMUNICA11O16 mama Chung VVOUgh haft LC, ,.Rely ("mod stinicliory et the Barka Now Yee Meta Corporation (ONY Melee) holing 11.C. mends FINROARttiftelt 00046307 DB-SDNY-0009131 EFTA_00156916 EFTA01289279 Portfolio Holdings (continued) Adjusted Date Acquired Quantity Unit Cost Cost Basis FIXED INCOME 17.00 % of Port folio fin Maturity Date Sequence) °Asset Backed Securities WASHINGTON MUT MTGSECSCORP 200CRA2 MTGPA%1HRUCTF C1 C-B-1VAR RATE 7.737% 07/25/338/FDIC 0610104 Factor: 040339806 Effective Date:09109V Current Face Valve. 520.383.497 12/13/13 '?° 1290,000.000 76.5190 Total Asset Backed Securities 1.290.000.000 Total Current Face Value: 520,383.497 Corporate Bonds BARCLAYS BK PLC CONTINGENT CAP NT INNS US06739FHK037.750% 04110/23 B/E DTD 04IINS CALLABLE04/1MS P Rating BB+ 04/03/13 " 2-13 300.000.000 100.0000 ,PM ORGAN CHASE& CO DEP SHSREPSTG 113TH PFD SER 1FIXED TO RIG RT BD 7.900%04/29/49 WE DID 04/23/08M oody Ealing BAA3S& P Rating BBB- 06/15/11 ..3.12 2.500.000.000 107.5000 06/15/I 1 .3C 2,500,000.000 107.0000 Total Noncovered 5,000,000.000 Total 5,000,000.000 BANK AM ER CORP PERP NON COM ULATIVE DEP SHS FIXED TO FLOAT 8125% 04/30/58 WE DID 04/30/08 CALLABLE057'6MM oody Rating BA2 S 8 P Rating BB+ 01/10111 . •3-12 2,000,000.000 102.7500 Market Price Market Value Security Weedier:939336620 398.190.20 91.6710 Original Cost Basis: $638,906.71 $398,190.20 Security Identifier: 06739FHKO 300.000.00 102.7500 Original Cost Basis: $300.000.00 Security Identifier. 46625HHA1 2.687.500.00 103.0000 Original Cost Basis: $2687,500 00 2,675,000.00 103.0000 Original Cost Basis: $2.875.000.00 5,362,500.00 $5,362,500.00 Security Muddier: 060505078 2055,000.00 103 1250 Original Cost Basis: 52,055,000.00 477,040 76 $477,040.76 308.250.00 2.575.000 00 2.575.000.00 5,150.000.00 95,150,000.00 2,062.500 00 Unrealized Gainless Accrued Estimated EdInuiled Annual Income Yield 78,850 56 3,243.69 $78,850.56 93.243.69 $0.00 8250.00 10.919.17 23.250.00 7.54% -112.500.00 82.291.67 197,500.00 7.66% -100,000.00 82,291.66 197,500.00 7.66% -212.500.00 164,583.33 395,000.00 -$212.500.00 $164,583.33 $395.000.00 7,500 00 60,937.50 162,500.00 7 87% Page 4 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated (scant (rat MY Sffice 2CO1 DALIAR RA TED COMUNICATONS ()remora Cloning through PerstArs LC, mealy owned sticliary ores Bark er New Yak Megan Corporation (IINY Mellon) Pershing lit. mortar MRA.VAPteteM-00046308 DB-SDNY-0009132 EFTA_00156917 EFTA01289280 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) September 1, 2017 - Septem ber 30, 2017 SOUTHERN FINANCIAL LLC Date Acquired Quantity Unit Cod FIXED I NCOM E (continued) Corporate Bonds (continued) SOUTHERN CALIF EDISON CO PREF SER E 6250% 0117/62 BJE OTC 0 $17/2 CALLABLE02101220 DO 000M oody Rating BAA1S8 P Rating BBB- 01130112'•J° 3.000.000.000 99.8730 2.996.200.51 111.2500 3.337.500.00 GENERAL ELEC CO GTD FX0 TO- FLTG RT NON-CUMULATIVE PERPETUAL PREFERRED 4.000% 12/03/65 REG OTD 12/03P5Moody Rating A3 S8 P Rating A Original Cost Basis:12,992864.97 Securdy Identifier 3696048M 4 12/03/15 2,469,000.000 88.0930 2,175,016.17 98.5000 2,431,965.00 sLLOYDS8ANKING GROUP PLC FXD RATE RESET ADDL TIER 1SECS ISM/ US5394394642 7.500% 04/27/88 DIE DTD 0410711058 P Rating BB- Original Cost Basis: $2,175,01.17 Seemly Identifier 539439AG4 Please ()tondo 1,903,000.000 N/A Please Provide 112.1250 2,133,738.75 CITIGROUP INC FXD RT SR NT PERP DEP RECPT 5.950% 08/6/88(3/E DID 08112/15 CALLABLE0816/20 0 00.000M oody Rana) BA2 BB. P Riling Original Cost Basis: Please Provide Security Identifier:172967,25 06/06/15 3,000,000.000 100.0000 3,000,005.99 105.3750 3,161,250.00 Original Cost Basis: $3,000,006.00 Total Corporate Bonds $15,888,722.67 $18,585,203.75 17.672.000.000 TOTAL FIXED INCOME $16.286,912.87 $19.062,244.51 Adjusted Cad Rads Market Price Security Identifier: 842400 FU2 ci at).el ValLe 18,962,000.000 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO' „sleazed Gainless Aimed Salted Estimated lateral Maud lama Yidd 341,299.49 30.729.17 187,500.00 5.61% 256,948.83 28,805.00 98,760.00 406% N/A 1,189.38 142,725.00 6.68% 161,244.01 22.312.50 178.500.00 5.64% $562,742.33 1319.536 05 $1.188.235 00 5641,592.89 $322.179.74 11.188.235 00 Page 5 of 22 Rated (Kele% (rev Year Sect 2001 DALBAR RATED COMMUNICATIONS acittu4a Cleating through Pershing lit. a away owned stinithory a the Banta New Yak Melton Corporation tiny Mellon) _00046309 Ftshi rc 11C. mat. FINRA.AW Se nn & DB-SDNY-0009133 EFTA_00 [569 IA EFTA01289281 Portfolio Holdings (continued) Date Acquiied EQUITIES 64.00% of Portfolio Common Stocks ADVANCED MICRO DEVICES INC COM Dividend Oplion: Cash 20.00000 of these shares are in your margin account 09115117 20.000.000 12.3010 ALIBABA GROUP WOG LTD SPONSORED ADS ISM. USO 509W1327 Dividend Oplion: Cash 06/10/15 5000.000 APOLLO GLOBAL M GM T LLCCL A SliS Dividend Oplion: Cash 03/29/11 • O APPLE INC COM Dividend Oplion: Cash 09105114 09/05/14 3 09/05/14 3 01/11/16 Total Covered 314,000 000 Total 314,000 000 ASCENA RETAIL GROUP INC COM Dividend Oplion: Cash 01/16/01 •'s 70.500.000 BASF SE SPONSAOR ISMS U90552625057 Dividend Oplion: Cash 04113115 BIOGEN IDEC INC COM Dividend Oplion: Cash 02114112 •,s CENTENE CORP DEL COM Dividend Oplion: Cash 09108114 FACEBOOK INC CL A Dividend Oplion: Cash Quantity Unit cocil Cod Buie Market Pace Mallet Value p orlon Weiland Estimated Edhaled Annual Income Yield 263.157.000 38.180.000 7,200.000 18.620.000 250.000.000 Security Identifier: AND CUSP. 00790397 246.012.36 12.7500 Security Idenlifier. BABA CUSIP: 0 909W 92 88.9500 444,749.00 172.7100 Security Wenl ifier: APO CUSP 03762306 19.0000 4,999,983.00 30.1000 Security Ideatifier AAPL CUSP:03783390 98.9500 3.777.912.53 154.1200 98.9500 712,440.29 154.1200 98.9500 1.842.449.74 154.1200 99.0000 24.750.006.00 154.1200 31,082,808.56 331,082,808.56 Security Idenlifier. AMA CUSIP.043513t1 21.2770 1.500.000.00 2.4500 SecuMy Identifier: 8ASFY CUSP 055262505 5,000.000 101.6110 508,056.00 106.5000 Security Identifier: FMB CUSP. 09062%93 2.095.000 110.2720 231.019.65 313.1200 Security Identifier: CNC CUSP: 595891 15,550.000 63.6450 989,679.75 96.7700 Security Identifier: FB CUSP 30303611)2 255.000 00 863,550.00 7,921,025.70 5684.301.76 1,109,664.18 2.869.714.25 38.529.999.81 48,393,680.00 $48,393,680.00 172.725.00 532,500 00 655.986 40 1 504.773 50 8.987.64 418,801.00 2,921,042.70 476,314.17 6.01% 2.106.389 23 96.213.60 1.63% 397,223 89 18,144.00 1.63% 1.027.264 51 46.922.40 163% 13,779,993 81 630,000.00 1.63% 17,310,871 44 791,280 00 617,310,871 44 6791.280.00 4 .327.275 00 24,444 00 12.092.13 2 27% 424.966 75 515,093 75 Page 6 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated (scant Cron Year Sffice 2CO/ DAL/AR RATED COMMUNICATIONS occautia Owing through hat's LAC. a Sbany owned stinicliary of **Bark of New Yak Mellon Corporation (OM Melee) Pershing Lit...sends FINRA.AW Si0LAM_00046310 DB-SDNY-0009134 EFTA_00156919 EFTA01289282 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) September 1,2017 - September 30,2017 SOUTHERN FINA NCIAL tie Date Acquired Quantity Unit Cop Cad Bads Mrkei Price EQUITIES (continued) Common Stocks (continued) FACEBOOK INC CL A (continued) 05/17/12 '.13 17.500.000 38.0000 665.000.00 170.8700 FOUNDATION MEDICINE INC COM Dividend Oplion: Cash Seciuty Identifier FM I CUSP. 350465t0 01/13/14 25.000.000 27.5070 687.663.50 40.2000 08105114 24,830.000 23.2530 577,373.02 40.2000 Total Covered 49.830 000 Total 49,830 000 GILEAD SCIENCES INC Dividend Oplion: Cash 1,265,036.52 61.265.036.52 Senility Identifier. GLO CUSP: 37555803 02105114 5,000.000 79.2810 396,407.00 81.0200 03/07/14 3.100.000 79.6120 246.797.00 81.0200 Total Covered 8,100 000 Total 8,100 000 OUALCOMM INC Dividend Oplion: Cash 643,204.00 $643,204.00 Security Identifier:003M CUSP: 74752503 09/14117 5,000.000 51.1370 255.685 97 51.8400 09/20/17 5.000.000 51.9610 259.806.00 51.8400 Total Covered 10,000 000 Total 10,000.000 SANGAMO BIOSC1ENCES INC COM Dividend Oplion: Cash 515,491.97 $515,491.97 Security Identifier: 93110 CUSP. 800677136 05/28/13 t 3 50.000.000 8 4440 422.214.00 15.0000 VOU(SNAGEN A GADR (SPONS) Dividend Oplion: Cash Scarily Identifier: VLKAY CUSP: 928662303 04/13/15 5,000.000 50.8610 254,306.00 33.8050 09/21/17 24,000.000 34.1880 820,503.00 33.8050 Market Valve 2.990.225.00 1.005.000.00 998.166.00 2,003,166.00 $2.003,166.00 405.100.00 251.162.00 656,262.00 $656,262.00 259.200.00 259.200.00 518,400 00 $518,400.00 750.000.00 169.025.00 811,320.00 Unrealized Gain Lois Wheeled Eelkealee Maud lame Yield 2.325.225.00 317.336.50 420,792.98 738.129.48 5738.129.48 8,693.00 4.365.00 13,058.00 $13.058.00 3,514.03 406.00 2,908.03 $2,908.03 327.766 00 -85,281.00 -9,183 00 $0.00 10,400.00 2.56% 6.448.00 2.56% 16,848.00 $16,848.00 11,400.00 4.39% 11,400.00 4.39% 22,800 00 $22,800.00 1,706 59 1 00% 8.191 66 1 00% Page 7 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated boalent beet Year Sege 200/ DAIL!, RATED COMUNICATCP6 'Karmic( Cleating through Pantiles11C. a Sbany owned stidlary Oft...mkt/ New Yak Mellon Como-melon (MY Mellon) Petshift lit. mends FINRA.Pk DB- SDNY-0009135 keM°°46311 EFTA 00156920 EFTA01289283 Portfolio Holdings (continued) Unrealized Estimated alirealed Date Acquired Quantity Unit Cost Cost Buis Market Price Market Value Gain= Annual Income Yield EQUITIES {continued) Common Stocks (continued) VOLKSWAGEN A GADR (SPONS) (continued) Total Covered 29,000.000 1,074,809 00 980,345 00 -94,464.00 9,898 25 Total 29.000.000 $1.074.809.00 3980.345.00 494,464.00 $9,898.25 Total Common Stocks 344.588.063.81 $68.197,638.60 323,609,574.79 $1,329.232 55 Preferred Stocks (Listed by expiration date) GM AC CAP TR I GTO TR PFD SECS SER 2 CPN- Security Identifier ALLY PRA 8.125% FREO ORTLY MATT-0211/2040 CALL CUSP. 36160208 ANYTIME 025 W130 DAYS DE0NS02/1/1 Dividend Oplion: Cash 02122112'." 80,000.000 23.5350 1,882,773.60 26.4909 2.112.000.00 229,226.40 145,152.00 6.87% Total Preferred Stocks $1,882,773.60 52,112,000.00 5229,226.40 3145,152.00 Opt ions PUT DO ADVANCED MICRO DEVICES INC Option Identifier 9904KNIA COM EXP D-20-17013000 Undeilyieg Secardy Identifier AMO OPTION ROOT= AMO Underlying Security Price 32.75 -200.00 of these contracts are a short position 09120117 • -200.000 0 7400 -14,793.65 01400 -14.800 00 535 CALL DO QUALCOM IA INC Oplion Identifier: 990ALP13CI EXP D4.4052.500 OPTION ROOT: OCOM Underlying Security Identifier OCOM -50.00 olthese contracts area short position Underlying Security Price: $5184 09/14/17 -50.000 1.4860 -7A27.82 1.5609 .7.800.00 -372.18 CALL DO QUALCOM IA INC Option Identifier: 990ALPBC1 EXP DV-17055.000 OPTION ROOT= Q0311 Underlying Security 'dent Kier: OCOil -50.00 of these comfixts are a short position Underlying Security Price: $5184 09120117 ' 40.000 0.8710 4,355.89 0.6900 345000 905 89 PUT DO OUALCOIIM INC DP 13 4.4050.000 Oplion Idenlilier 990ALP8DU OPTION ROOT: OCOM Underlying Security Identifier OCOM -130.00 of these mill facts are a shod position Underlying Security Price: $5184 09/14117 40.000 1.5130 -7.564.82 1.0209 -5.100.00 2,464.82 09120117' 40.000 1.1240 4,620.86 1.0200 -5.100.00 520 86 Total Noncovered -100 000 -13,185.68 -10.200.00 2.985 68 Total •100.000 -513,185.68 -510200.00 32.985 68 $0 00 CALL 10 SPORSSP 500 ETF TR TR UNIT Option Identifier: 990AFT223 EXP 24470255000 OPTION ROOT: SPY Underlying Security Identifier: SPY Underlying Security Price: 525123 Page 8 of 22 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (salient (rev Year Sect 2001 DALBAR RATED COWAUNICATTOP6 autistic( Owing through Pershing LC, +hely Owned att." of Ow Banka New Yak Melon CorporationCONY Melee) Ptrshinellf.rnenix. FINRA.AW 00046312 DB-SDNY-0009136 EFTA_00 15692 I EFTA01289284 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) Dete Acqtired EQUITIES (continued) Options {continued) CALL 10 SPQR S&P 500 ETF TR TR UNIT (continued) 09/27/17 620.000 2.1920 CALL AO SFoRsaPseo ETF TR TR UNIT EXP 24.40254.000 OPTION ROOT: SPY Septem ber 1, 2017 - Septem ber 30, 2017 SOUTHERN FINANCIAL= Quantity Unit Cost End Bans Merkel Rice 09127/17 500.000 2.6480 Total Options TOTAL EQUITIES 135.879.00 2.4000 Option Identifier 990AL1078 Underlying Security Identifier: SPY Underlying Security Price: $25123 132,408.00 2.8900 Market Vdke 148.800.00 144,500.00 Untended Winton Estimated Estimates! Annual Income Yidd 12,921.00 12,094.00 Dole Aconites! MUTUAL FUNDS 3.00% of Portfolio SAORGAN FLOATING RATE INCOME FUND CLASS I Open End Fund Dividend Option: Reinvest: Capital Gain Option: Reinvest 09128117 318,809177 9.4100 TOTAL M UT UAL FUNDS Ninny Unit Cosi $228,521.96 $46,699,359.37 Cod Beds Merkel Price $257,050.00 $70,566,688.60 Minket Value $28,528.04 $23,867,329.23 Unseated Omiarlos $0.00 $1,474,384.55 &awed Estimated Maud Income Yidd Dale Acquired Ovatity UnN Cod EXCHANGE-TRADED PRODUCTS 3.00% of Portfolio WISDOM TREE TR 81PAN HEDGED EQUITY FD Dividend Option: Cash Capdal Gains Option: Cash 60,000.00 of these stores are in year margin meant 12111113 60,000.000 19.4350 TOTAL EXCHANGE-TRADED PRODUCTS Security Wentifier SAS% CUSIP 4821.51 3,000,000.00 9.4100 $3,000,000.00 Cod Bait Market Prke 3,000,000.00 $3,000,000.00 Market Value 0.00 $0.00 Unmated Colman' Security Identifier DM CUSP.97717W851 2,986,098.50 54.7000 $2,986,098.50 Cod Bads 3282,000.00 $3,282,000.00 Markel Value 315,901.50 $315,901.50 Undated Gannets Accrued Intend 119,142.40 3.9716 $119,142.40 Estimated Eslimaled Annual Income Yield 82,234.20 2.50% $82,234.20 Estimated Anneal Income TOTAL PORTFOLIO HOLDINGS $83,421,869.16 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) $110,380,431.53 $24,824,823.82 $322,779.74 $2,954,88019 Page 9 of 22 CONFIDWITAL4 Rated (salient bent Year Sffice 20O1 DAIL!, RA TED COMMUNICATORS CUISILDICI Cleatins through Perstft 11.0. a Mai aimed stinithory of Ow Banked Nom York Mdoa Corporation (ely Medial Pennine11C. megrim rinenSAWYnkeM-00046313 DS-SDNY-0009137 EFrA_00 156922 EFTA01289285 Portfolio Holdings (continued) Noncovered under the cost basis rules as defined be/ow. Securities acquired before 2011or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ("IRC") (incorporating amendments enacted by P.L.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered "noncovered.- under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered' under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, UStaxpayers securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicabletax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 12011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1,2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1 2014 Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value isnot available. o The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may change over time and are obtained from sources we believe to be reliable. a Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. a The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEAS OF PRICE DATEONLY APPEARSW HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EM) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable, however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www pershing.com/ disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may Page '0 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated boalent buy Yea/ Since [CO! DAIL!, RATED COMMUNICATIONS DtallUla Cloning through halts LAC a al,* al sticliary of *a Bark New Yak Mellon Corporation (WY PASO Pershing Lit. mtnin MiRA.PAlle:PM_00046314 DB-SDNY-OOO9138 EFTA_OO 156923 EFTA01289286 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings Disclosures (continued) September 1,2017 - September 30,2017 SOUTHERN FINANCIAL LLC Reinvestment {continued) have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions. Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts. please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge. or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy. completeness, timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions. regardless of the cause. or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase. hold or sell securities. and do not address suitability for investment purpose Credit ratings should not be relied upon as investment advice. Page " of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rated [bulked bery Yew S.ritt 2C0/ DALBAR RATED CONMUNICATTOP6 ciccatita Cleating through Peal% LUC a away owned adosidiary elfinBark a New Yak Mellon CorporationMY Mellon) Ptrshirctlf.rnenix. FINRA.AW 00046315 DB-SDNY-0009139 EFTA_00 156924 EFTA01289287 Schedule of Realized Gains and Losses Current Period Descaption Date Dhpoad Dale Acquired Designation Disposition Method, Tiansidion Oman Roast Dot Basis Realized (aloes Short Term CLOUD ERA INC COM 09/28/17" 09/28/17 Covered first In First Out! Sal 1.300 000 22.528.41 21.385.00 714317 Security Identifier 139111/1)0 CALL CURENC YSHARES 09/07/17 07119/17 Covered first In First Out! 150.000 134.540.88 36106.00 98,531.88 11300 Security Identifier. 990AK91X PUT CURENCYSHARES 09/18/17 07119/17 Covered first In First Out / EXF1RE OPT SHT 450.000 31.043.27 0.00 31143.27 MOO Security Identifier 990AKEP1 Total Short Term 188,112.62 57,391.00 130,721.62 Long Term ACVERUM BIOTECHNOLOG 09/21/11 04120115 Covered first In First Out! SELL 10100.000 32,583.73 398,606.00 -366.022.27 Il Security Identifier. 00773U1313 ALUM/ SE SPONS AR 09/21/17 04113115 Covered first In First Out/ SIll 5.000.000 110.524.69 90.05610 20168.69 10 SW Security Identifier. 0 180511 BIOVERATIV INC COM 09/21/17 02114/12 Noncovered* first In First Out! SBA 1.041.000 59.259.41 19.42612 39.83315 Security Identifier. 09075E00 DISH NETWORK CORP CL 09121/17 06/10115 Covered first In First Out / SELL 5.000.000 266.933.20 364.97810 .99.044.80 Security Identifier 25470 lil 19 GLAXOSM ITHKUNE PLC 09/21/11 06/10/15 Covered first In First Out / SELL 5.000.000 201.787.33 215.00610 .13.218.67 Security Identifier. 377331115 GOOADDY INC CL A 09101/17 04101/15 Covered first In First Out! SELL 700.000 31,336.27 14,000.00 11,338.27 Security Identifier. 380237137 SANTANDERCONSUMER U 09/01/11 01/23/14 Covered first In first Out / SELL 1.000.000 14.21316 24,000.00 1.126.34 NC COM Security Identifier. 8028311131 TWITTERING COM 09/01/11 11101/13 Covered first In First Out! SELL 1.500.000 25.358.41 39.00010 .11641.59 Security Identifier. 9014102 VIACOM INC NEW CL 6 09101/17 06110115 Covered first In First Out! SELL 5,000.000 143,690.67 338,745.00 ,195,054.33 Security Identifier 92553P201 Page '2 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (scallent Cron Year Lace 2O0/ DAL/AR RA TED COMMUNICATORS orcaLura ClwIc through Pershing1M, Many owned stinicliary Oft Bark of New Yak Mellon Corporation (ONY maw Pershing 11.C. mtnin FiNRA.VAPteteM_00046316 DB-SDNY-0009140 EFTA 00156925 EFTA01289288 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Schethile of Realized Gains and Losses Current Period (continued) Septem ber 1, 2017 - Septem ber 30, 2017 SOUTHERN FINANCIAL LLC Date Dale Realized Croseription Mewed Ai:puked Designation Otmoellion Method Tieeeadlon Quellly Roceeds Cod Me Geletiloss Long Term (continued) WASHINGTON IA LIT BIG 09122117 12113113 Noncoveted. REPYM T OF PAM 1.290.000.000 40,294.65 30.833.06 9.461.79 0044(A2 MTG PASSTHRU CTF CL Cr 41VAR RATE 7.737%07125133 Security Identifier: 939336520 Original Cost Basis: 30,633.06 WISDOM TREEINVTSINC 09121/17 03131115 Covered Fret In File Out f SEM 15,000 000 135,322.80 324,157.50 -188,834.70 Security Identifier 97717P1)4 Total Long Term 1,060,367.08 1,858,807.58 -798,440.50 Total Short and Long Term 1,248,479.70 1,916,198.58 467,718.88 • Noncovered under the cost basis rules as defined below. Securities acquired before 2011or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986. as amended ("IRC) (incorporating amendments enacted by P.L110.34 3, the Emergency Economic Stabilization Act of 20 0 8) and are, therefore, considered "noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered" under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, US taxpayers securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1. 20 11 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 20 14. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1399-8 or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDOWAL-4 Rated (Eclkot hay Yea, Sege 200/ DALLURATED COMMUNICATIONS DICILLUICI Page '3 of 22 Clearing through harts LC. a Sbaly owned stinicliory of Mn Barka New Yak Melba Corporation (MY Wien) Paging 11C. motel FINROARtlYeLelt00046317 DI3-SDNY-0009141 EFTA_00 156926 EFTA01289289 Schedule of Realized Gains and Losses Current Period (continued) Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds. bonds sold short or bonds issued with less t han one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. u These shares are unsettled and have been recently disposed. You will also see these shares on the Portfolio Holdings section until this transaction has been seffied. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-8. M essages Pursuant to the Securities Exchange Act of 1934, Pershing LLC (Pershing). a BNY Mellon company, provides individual investors with certain financial information on a semi-annual basis. Pershing's June Statement of Financial Condition is now available. On June 30, 2017, Pershing's net capital of $2.28 billion was 13.79% of aggregate debit balances and exceeded the minimum requirements by 51.95 billion. Pershing is also required to provide the most recent financial information as of this statement mailing. In accordance with this requirement, note that on July 31. 2017. Pershing's net capital of S2.47 billion was 15.12% of aggregate debit balances and exceeded the minimum requirement by 52.14 billion. A f h ne 3 17 ment of Financial Condition is available at pershing.com/ statement_of_financial_condition.html. You may also request a free. printed copy by calling or • option 5. The U S adopted a shortened settlement timeframe beginning with trade date September 5, 2017, for equities, corporate and municipal bonds, and unit investment trusts Moving from a T+3 to a T+2 settlement cycle provides faster access to sale proceeds, but it also means that funds are due on purchase transactions earlier. This may be a good time to consider e-delivery of your account documents-including trade confirmations, account statements and more. Ask your advisor or financial institution about how you can set up e-delivery. Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. Activity Summary (At, amounts shown are In base currency) *edits ThisPeriod Debits ThisPeriod Net ThisPeiiod Credits Yest.te•Date DebilsYear1o•Dete Net Yetto•Dote Securities Secwities Bought 9.00 4.865.485.97 x.865.485.97 0.00 4.920.597.97 4.920.597.97 Securities Sold 1,194,376 15 0.00 1,194,376 15 1,911.872 96 0.00 1,911.872 96 Securities Wdhdrawo 0.00 0.00 0.00 0.00 41,554218.50 41,554218.50 Page '4 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated li (alent tan Yew S.ritt 2C0/ DALBAR RATED COMMUNICATIONS Cloarlas through PerainglI.C. Sbany owned adnicliary of OwBarka New Yea Mellon Corporation0NY Melee) holing 11C. rnendx. FINRA.AW 00046318 DB-SDNY-0009142 EFTA_00 156927 EFTA01289290 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Activity Summary (continued) 3eptember 1,2017 - September 30,2017 3OUTHERN FINANCIAL LW Credits ThisPetiod Debits ThisPetiod Net TI0sFederf Oaths Year-to-Dale Debt Year4o-Date Net Yea-to-Date Total Securities $1.194.376.15 44.865.485 97 43,671.109 82 $1.911.872.96 436.474.816 47 434.562,943 51 Dividends and Interest $95,554.99 -$35,681.25 $59,873.74 $2 112,297 46 4124,933 56 $1,987,363.90 Distributions $5,003.31 $000 $5,003.31 $765,596.64 $0.00 $765,596.64 Fees $0.00 $O 00 $000 $0.00 4375.00 4375.00 Taxes Withheld $0.00 $O 00 $0.00 $0.00 46.076.09 46.076 09 Cash Withdrawals 0.00 0.00 0.00 0.00 -1.132.731.96 -1.132,731.96 Total Cash $0.00 $0.00 $0.00 $0.00 41,132,731.96 41,132,731.96 Totals $1.294.934.45 44,901,167.22 43.606.232 77 $4,789.767.06 437,738,933.08 432.949.166.02 Transactions by Type Activity of Proms' Trade; Sett kmenl Transaction Date Date Adivit Type Des:0ption Quantity Price Acaued Intered Amount Currency Securities Bought and Sold 09/07/17 09101117 SOLD GODADDY INC CIA UNSOLICITED ORDER ALLOCATED ORDER -700.000 44.8500 31438 27 USD GDDY YOUR BROKER ACTED AS AGENT 09/07/17 09/01/17 SOLD SANTANDER CONSUMER USA HLDGS INC COM UNSOLICITED -1,000 000 14.3400 14,273 66 USD SC ORDER ALLOCATED ORDER YOUR BROKER ACTED AS AGENT 09/07/17 09/01/17 SOLO TWITTER INC COM BKCM A PERSHING AFFILIATE MAKESA MKT -1.500.000 16.9700 25.358.41 USD IVOR IN THISSECURITY 8 ACTED AS PRINCIPAL UNSOUCITED ORDER 09/07/17 09101/17 SOLO VbICOM INC NEW CL 8 BKCAI A PERSHING AFFILIATE MAKESA -5,000 000 28.8000 143,690.67 USD VIAB MKT IN THISSECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER 09/08/17 09107/17 SOLO CALL DO CURBICYSHARES EURO TR EURO SHS DIP X50.000 3.0000 134.540.88 USD 990AKE.NX 09-15-81)10000 OPTION ROOT: FXE CLOSING TRANSACTION UNSOLICITED ORDER EXCHANGE LISTED 09/15/17 09114117 SOLD SHORT CALL DO OUALCOMIA INC WM74052500 OPTION ROOT: 50.000 1.5168 7.427.82 USD 990ALF8CI OCOM OPENING TRANSACTION UNSOL EXCHANGE USTED OPTION Page '5 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg r AL lawn Rats balk. Every Year Sect 240/ DALBAR RA TED COMMUNICATIONS crcitturix awing trough Parsed% LAC a Mb* wooed ad:41*m at e» Bark a New Yak Melon Corporation (MY Melee) 9W IVI_00046319 Ptrslim 11C. rnente. FI,RA. DB-SDNY-0009143 EFTA 0015692R EFTA01289291 Transactions by Type of Activity (continued) Process; Trade; Settlement Transaction Date Dole Activity Type Securities Bought and Sold (continued) 09/15117 09114/17 SOLO SHORT 990ALPSDU Desaiption Quintile Price Awned Interest Amount Currency PUT AO OUALCOM M INC EXP t1-9-4(150 000 OPTION ROOT: -50.000 1.5442 7.564.82 USD OCOM OPENING TRANSACTION UNSOL DCHANGEUSTED OPTION 09118117 09114111 PURCHASED OUALCOM II INC UNSOL AVERAGE UNIT PRICE TRANSACTION 5000.000 51.0759 -255,685.97 USD OCOM YOUR BROKER ACTED AS AGENT 09118/17 YOUR OPTION EXPIRED PUT DOCURENCYSHARESEUROTREUROSHSEXP 450.000 0.00 USD 990AKE.151 09-15-17Q le 000 OPTION ROOT: FXE EKE CLOSNG TRANSACTION 09118/17 YOUR OPTION ASSIGNED PUT DO ADVANCED MICRO DEVICES INC COM UP 200.000 0.00 USD 990AK4IAA 09-6•17013.000 OPTION ROOT: AM DAM C CLOSING TRANSACTION 09119/17 09115/17 PURCHASED ADVANCED M ICRO DEVICES INC COM ACCT OPT ASSIGNED 20.000.000 13.0000 -261/06.00 USD AM D OPTCUSP990AK4LAA 09/21/17 09120/17 SOLO SHORT PUT 130 ADVANCED MICRO DEVICES INC COM DtP -200.000 01500 14,793.66 USD 990AKJY1.4 [email protected] OPTION ROOT: AM D OPENING TRANSACTION UNSOL EXCHANGE LISTED 09/21/17 09120/17 SOLO SHORT CALL AO OUALCOMM INC UP 1417-17055.000 OPTION -50.000 0.8824 4.355.89 USD 990ALP9C-I ROOT: OCOM OPENING TRANSACTION UNSOL EXCHANGE LISTED OPTION 09121/17 09120117 SOLD SHORT PUT DO OUALCOM M INC EXP 11-17-17050 000 OPTION ROOT: -50.000 1.1554 5.620.86 USD 990ALPSDU OCOM OPENING TRANSACTION UNSOL EXCHANGE USTED OPTION 09/22/17 09f20/17 PURCHASED OUALCOM M INC UNSOL AVERAGE UNIT PRICE TRANSACTION 5,000.000 51.9200 -259.806.00 USD OCOM YOUR BROKER ACTED AS AGENT 09125/17 09121/17 SOLO ADVERUM BIOTECHNOLOGIES INC COM UNSOLICITED ORDER -10600.000 3.2990 32,583.73 USD ADVM AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 09/25/17 09121/17 SOLO ALLIANZ SESP:MSMIRREPS% VD SliS UNSOLICITED ORDER -5,000.000 22.1466 110.524.69 USD AZSEY AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 09/25/17 09121/17 SOLO BIOVERATIV INC COM UNSOUCITED ORDER AVERAGE UNIT .1,047.000 56.6541 59,259.47 USD BIVV PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 09/25/17 09121111 SOLD DISH NETWORK CORP CL A UNSOLICITED ORDER AVERAGE -5000.000 53.2290 265,933 20 USD DISH UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 09125/17 09121111 SOLD GLAXOSM I THKUNE PLCWOWS4DR UNSOLICITED ORDER -5,000.000 40.3996 201,787.33 USD 65K AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 09125/17 09121/17 PURCHASED VOLKSWAGEN A G ADR SPONSI UNSOL AVERAGE UNIT PRICE 24.000.000 34.1473 -820.503.00 USD VIKAY TRANSACTION YOUR BROKER ACTED ASAGENT CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) Page 16 of 22 CONFIDg Wee tacelkee bay Year Sect 200: DAIMA PA ttl) COMUNICATONS actuoict Owing trough Perstang LI.C. a twiggy owned stinicliary of the tart el New Yak Mellon corporatesMy Melee)) a Pttshing 11.C. mends FINRA.AW !R&M_00046320 DB-SDNY-0009144 EFTA 00156929 EFTA01289292 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) ieptember 1,2017 - September 30,2017 3OUTHERN FINANCIAL LLC Proms; Trade; Stillwell Transaction Date Dale Activity Type Description Quality Price Accrued Interest Amount Currency Securities Bought and Sold (continued) 09/25/17 09/21117 SOLD WISDOMTREE INVIS INC COM (*CM A PERSHING AFFILIATE •15.000.000 9.0621 135.322 80 USD WETF MAKESA II KT IN THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 09/28/17 09127/17 PURCHASED CALL 130 SPQR S&P 500 Elf TR TR UNIT E(P121-111)255 000 620.000 2.1615 -135,879.00 USD 990AF12Z3 OPTION ROOT: SPY OPENING TRANSACTION UNSOL COVERED EXCHANGE LISTED 09128/17 09127/17 PURCHASED CALL AO SPDR S&P 510 ETF TR TR UNIT Ego 12-5-170254 000 500.000 2.6180 -132.406.00 USD 990ALK87EI OPTION ROOT: SPY OPENING TRANSACTION UNSOL COVERED EXCHANGE LISTED 09129/17 09128/17 PURCHASED 'MORGAN FLOATING RATE INCOM E FUND CLASS I HOLD PERS 318,809 777 9.4100 .3,000,000.00 USD PHSX REV S UNSOLICITED ORDER NN4G023804 Total Securities Bought and Sold - U.S. DOLLARS 0.00 -3,671,109.82 Dividends and Interest 09/25/17 BOND INTEREST RECEIVED 490000 WASHINGTON MUT M TG SECS CORP 2004-RA2 M TG 3.615 37 USD 939336$20 PASSTHRU CTF Cl.C-8-1VAR RATE 7,737% 07/25/ 33 B/E DTD 06/0104 RD 08131PD 09/25/11 09/27/17 FOREIGN BOND INTEREST 903000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL 35,681 25 USD 5394 39AG4 TIER 1SKS ISMS US539439AG42 7.500% 04127/88 WE DTD 04/07114 CLB RD 09/4 PD 091 27(17 09/27/17 FOREIGN BOND INTEREST 903000 LLOYDS BANKING GROUP PLC RD RATE RESET ADDL 35,681 25 USD 539439AG4 TIER 1SECS ISMS US539439AG42 7.500% 04127/86 BIE DTD 04/07/14 CLB RD 09/26 PO 09/27/17 09128/17 09127117 BOND INTEREST ADJUSTIA ENT 903000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL -35.681 25 USD 539439A64 TIER ISECS ISINI US539439AG42 RD 09/12 PD 09/27/1? REV DUPLICATE 09/28/17 CASH DIVIDEND RECEIVED 890 SHRSGILEAD SCIENCES INC RD 09/9 PD 09/28117 4212 00 USD GILD Page 7 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg L4 nand (Karol fray Veal Since 2C01 Diann RA TED COMMUNICATIONS 'Amara Clueing trout Pershing LC., milbany mend abrrilincy of Owner. of New Yak Mellon Corporation (INY PASO ntrilinc 11C. mat. FINRA.WAffiliteM_00046321 DB-SDNY-0009145 EFTA_00 156930 EFTA01289293 Transactions by Type of Activity (continued) Process Trade. Settlement Transaction Date Date Activity Type Dividends and Interest (continued) 09129/17 MONEY M ARKET FUND INCOMERECBVED PER232045 09/29117 CASH DIVIDEND RECEIVED DXJ Total Dividends and Interest - U.S. DOLLARS 0.00 59,873.74 Distributions 09125/17 RETURN Of PRINCIPAL 290000 WASHINGTON M UT M %MOSCOW 2004-RA2 TG 5,003.31 UM RECEIVED PASSTHRU CIF a C-8-1VAR RATE 7/37% 07125/338/E DTD 939336S20 06/0104 RD 01/31P0 091254 Total Distributions- U.S. DOLLARS 0.00 5,003.31 Description Quantity Price Acaued Interest Amount Cann, DEUTECHEGOVT CA91 50000 SHRSWISDOM TREE TRAPAN REDGMEQUITYFDRO 09/27 PD 09/29/17 13,665.12 USD 2,700.00 USD Total Value of Transactions The price and quantity displayed may have been rounded. Fixed IncomeAnalysis 0.00 -3,606,232.77 UED Bond Quality Bond Maturity Schedule %ol Bond %ol Bond Bond Quality Martel Value Market Value Percent or Reed Income Bond Maloney Markel Value Market Value A 2,431,965.00 13% 6 to 10 years 308,250 00 2% BAA 8,487,500.00 44% Over 10 years 18,753,994 51 98% BA/ Lower 7,665,738.75 40% Total 19,062,244 51 100% Not Rated 477,040.76 3% Total 19,062,244.51 100% 0 20 40 60 80 100 Percentages of bond market values are rounded to the nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. CONFIDENTIAL — PURSUANT TO FED. R CRI6,1 P. 6(e) Page 18 of 22 CONFIDMVAL dawn Rated (Kellen( (rev Year Sect 200/ DAUM RATED COMMUNICATiOt6 acrituia Cleating through MAI% Lit. a vilicayarnal stinicliary of tlw gal* 41 Nom York Mai. CorporationMy NNW kr shim 11C. FINRA.fitWifGM-00046322 DB-SDNY-0009146 EFTA_00156931 EFTA01289294 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Trades Not Settled September 1,2017 - September 30,2017 SOUTHERN FINANCIAL LLC Settlement Dale Trade Date Activity Type Description OuntNy Price Accrued leterS Settlement Amount 10/02/17 09128/17 CLOUDERA INC COW PROSPECTUS UNDER 1,300.909 16.4500 0.00 -21,385.00 SEPARATE COVER 1010 2/17 09128117 Sell CLOUDERA INC COW UNSOLICITED ORD -1,300.000 17.4500 0.00 22,528.47 10/03117 09129117 Buy TV AZTECA SAS DE CV MEDIUM TERM NT REG S 1,876,000.900 104.0000 1,966.87 145,810.07 ISOM XS0972684954 7825%09/V20 REG DID 0918180 10103/17 09/29/17 Buy BROADCON LTD SIM MN* SC99990%823 2,000.M 0.00 485,884.78 SKY A PERSHING AFFIUATE M AXES A MKT IN THIS SECURITY 8 ACTED AS PRINCIPAL UNSOUOTED ORDER AVERAGE UNIT PRICE TRANSACTION 10/03717 09/29117 Buy PO GROUP HLDGS INC COW 6,400.000 17.5000 0.00 -112.000.00 PROSPECTUS UNDER SEPARATECOVER 10/02/17 09/29117 Shod Sale CALL DO BROADCOM LTD SHS -29.000 10.3825 0.00 20.608 52 ISMS SG99990 1I823 EXP II-4476250 000 OPTION ROOT: AVGO OPENING TRANSACTION UNSOL EXCHANGE LISTED OPTION 10102/17 99129/17 Short Sale PUT AD BROADCOM LTD SHS -20.000 11.9210 0.00 23,685.44 ISINI S69999011823 EXP12-15-1/0240.000 OPTION ROOT= AVG° OPENING TRANSACTION UNSOL EXCHANGE LISTED OPTION Total Amount of Trades Not Settled Cient Service I nformation Your If I Vt$11111111 Specialist ENJ JOSHUA SH OSHA N 280 PARK AVE - 3RD FL NEW YORK NY 10 017 41,198,257.42 Coated intoimation Telephone Number: CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 19 of 22 CONFIDNVAL ••••• Rated botlient hart Yes, Sint 2C0 DALIAN WED COMMUNICATIONS MIMIC( ClearingthroughPerstargUt.awhollyernwd rAnWiwyeldwiankeINewYwkMdba Comowation(SNYAIOkml PenhinellC.rnembe. FiNRAVNYELGOA-00046323 DB-SDNY-0009147 EFTA_00156932 EFTA01289295 Your Account I nformati n TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRON IC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. Important Information and Disclosures The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but ass general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability. • This statement will be deemed conclusive. You ere advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department. One Pershing Plaza. Jersey City, New Jersey 07399; . Errors and Omissions excepted. Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents, w itness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the Page 20 of 22 CONFIDENTIAL — PURSUANT TO FED. R CRINI, P. 6(e) CONFIDOWAL-41 Rated (willent hit, Yeti Since 2C0/ DALIAN RATED COMMUNICAMIS DICILLUICI Clearlas through Perstft WC. • Molly owned sticliory Oft Barka Nom Yak Melba Corporation (ONY NNW) Pa shim 11C. merit. FINRA.g*IYELGM-00046324 DI3-SDNY-0009148 EV1:4_00156933 EFTA01289296 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Important Information and Disclosures (continued) 3eptember 1,2017 - Septem ber 30,2017 3OUTHERN FINANCIAL LLC Important Arbitration Disclosures (continued) panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC. Legal Department. One Pershing Plaza. Jersey City. New Jersey 07399: Page 21 of 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rawd ballast beef Yew Since ICO / DAL/Alt PAM COMUNICATiOt6 c(contia Cloatin through Pershing LLC. a abaft owned adosidiary of the Barka New Yeelt Mellon Corporation (OM Mellon holing 11C. rnenix. FINRA.AW !R&M_00046325 DB-SDNY-0009149 EFTA_00 156934 EFTA01289297 TERMS ANDCONDITIONS TRANSACTIONS • ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS. CUSTOMS. USAGES. RULINGS AND INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE THE TRANSACTIONS ARE EXECUTED ANDIOR SETTLED. OR IF APPLICABLE. OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY ANO TO ALL APPLICABLE LAWS AND REGULATIONS. • TITLE TO SECURITIES SOLO TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL SHALL REMAIN WITH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT DATE. WHICHEVER IS LATER. • YOU MAY HAVE RECEIVED CONFIRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR STATEMENT. IF SO, THE TRANSACTIONS W LL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. THIS IS ESPECIALLY TRUE IF YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED. FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT OF ITS BUSINESS. DEBIT BALANCES: INTEREST CHARGED ON DEBIT BALANCES PI YOUR ACCOUNT APPEARS ON THE STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST IS COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR FINANCIAL INSTITUTION IF YOU DESIRE ADDITIONAL COPIES. MARGIN INFORMATION: IF YOU MAINTAIN A MARGIN ACCOUNT. THIS IS A COMINNED STATEMENT OF YOUR GENERAL ACCOUNT AND A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT RECORD OF THE SEPARATE ACCOUNT AS REQUIRED BY REGULATION T IS AVALABLE FOR YOUR INSPECTION UPON REQUEST. TAX INFORMATION • AFTER YEAR END. PERSHING IS REQUIRED TO PROVIDE TAX INFORMATON TO THE INTERNAL REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES AT THAT TIME PERSHING WILL PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU; USE THAT STATEMENT TO PREPARE YOUR TAX FLINGS. THE TAX STATEMENT ALSO INCLUDES OTHER USEFUL INFORMATION TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS. • DIVIDENDS. INTEREST MC OTHER DISTRIBUTIONS SHOWN ON THIS STATEMENT WERE CLASSIFIED AS TAXABLE OR NONTAXABLE BASED ON CERTAIN INFORMATION KNOWN AS OF THE DISTRIBUTION DATE. THIS CLASSFICATION IS SUBJECT TO CHANGE AND IS SOLELY INTENDED FOR USE AS GENERAL INFORMATION. • PERSHING DOES NOT PROVIDE TAX. INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE ASSOCIATED WITH PERSHING IS AUTHORIZED TO RENDER SUCH ADVICE. DO NOT RELY UPON ANY SUCH ADVICE. IF GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEIR TAX ADVISORS TO DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS. GENERAL INFORMATION • WHENEVER YOU ARE INDEBTED TO PERSHING LLC (*PERSHING" FOR ANY AMOUNT, ALL SECURITES HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR LIABILITIES TO PERSHING. AND PERSHING MAY IN ITS DISCRETION AT ANY TIME. WITHOUT TENDER. DEMAND OR NOTICE TO YOU. CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR PRIVATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS: ANY BALANCE REMAINING DUE PERSHING TO BE PROMPTLY PAID BY YOU. • WHENEVER YOU ARE N DEBTS) TO PERSHING FOR ANY AMOUNT. ALL SECURITIES CARRIED FOR YOUR ACCOUNT ARE OR MAY 8E. WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WLL PERMIT THE COMMINGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN. EQUAL TO OR GREATER THAN YOUR LIABLMES TO PERSHING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT PROHIBITED BY LAW. • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER, SPECIALIST, ODD LOT DEALER. BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED. • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR FINANCIAL INSTITUTION OR PERSHING MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETALS AVAILABLE UPON REQUEST • A FINANCIAL STATEMENT OF PERSHING IS AVALABLE FOR YOUR PERSONAL INSPECTION AT PERSHING'S OFFICES. A COPY OF IT WILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN VIEW IT ONLINE AT WWW.PERSHING COM, • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVV.PERSHING.COM/DISCLOSURES • THIS STATEMENT SHOULD BE RETANED FOR YOUR RECORDS. PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES [REGULATION NMS- RULE 607(AX1)-(2H PERSHING SENDS CERTAIN EQUITY ORDERS TO EXCHANGES. ELECTRONIC COMMUNICATION NETWORKS, OR BROKER-DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHING OR CHARGE ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON WRITTEN REQUEST. PERSHING RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW TO CERTAIN OPTION EXCHANGES. IN ADDITION. PERSHING ROUTES CERTAIN EQUITY MID OPTION ORDERS TO ITS AFFILIATE. BNY MELLON CAPITAL MARKETS. LLC. FOR EXECUTION AS PRINCIPAL COMPENSATION IS GENERALLY IN THE FORM OF A PER OPTION CONTRACT CASH PAYMENT. BEST EXECUTION: NOTWITHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER FLOW. PERSHNG SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE. COUNTER AND EXCHANGE-LISTED SECURITES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS. TRANSMITTED ELECTRONICALLY UP TO A SPECIFIED SIZE. AND TO EXECUTE THEM AT OR BETTER THAN THE NATIONAL BEST BID OR OFFER (NBB0). ON CERTAIN LARGER ORDERS. OR F THE DESIGNATED MARKET CENTERS DO NOT MAKE A MARKET IN THE SUBJECT SECURITY. PERSHING DIRECTLY CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TO WHICH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH QUALITY OF THEIR EXECUTIONS IN ONE OR MORE MARKET SEGMENTS AND THEIR ABILITY TO PROVIDE OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPERIOR TO THE N880. PERSEING ALSO REGULARLY REVIEWS REPORTS FOR QUALITY OF EXECUTION PURPOSES. F ANY OF THE ABOVE TERMS MO CONDITIONSARE UNACCEPTABLE TO YOU. REASE NOTIFY PERS-ING IMMEDIATELY IN WRITING BY CERTFIED MAIL TO ONE PERSHING PLAZA JERSEY CITY. NJ 0T399. ATTN. LEON. DEPT CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) Page 22 o(22 CONFIDWFAL a ItMed Exam hav Yen Since 2CO/ DALLAS RATED COMMUNICATIONS OCILLUICI Char/ft Stough Pershing LLC. • Sbaly coned paskliary of the Barka Now Yea Melba Corporation (SNY Mace) Ptrshine 11C. merit.. FINRA.64,1 YeLelt00046326 DB-SDNY-0009150 EFIA_00156935 EFTA01289298 PA Deutsche Bank P.O. Box 1776, Baltimore, MD 212O3 Dtutviv. !int Prisatr Mallh lOnsetmeil Marin, (*.watt (404 0•vtiche Bark St:w.Del Ns. Yon CT ce 30 Pot Att NO. }611 How Nerd I n ,. To Coect SOUTHERN FINANCIAL LLC A ugust 1,2017 - Au ust 31 2017 Account Number: 6 10 0 RED HOOK QUARTER B3 ST THOMASVI 00802 Portfolio Glance at a IWuPireled Year-tat/Se Your Investment Specialist. BEGINNINGACCOUNT VALUE 9106,375,447.56 5117,069,956.26 JOSHUA SH OSH A N Nd Cash Deposes and Withdrawals 0.00 -1,132,731.96 Nd Securities In/Out of Account 0.00 41,554218.50 Adjusted Previous Account Value 106,375,447.56 84,383,005.80 Dividends, Interest and Other Income 571,581.12 2,311,699.38 Total Taxes Withheld 0.00 4,078.09 Other Transactions 0.00 -375.00 Net Change in Portfolio' 5,908,914 15 26,167,688.74 EN DINGACCOUNT VALUE A2.83 $11 Acciued Interest 8261,687.00 Estimated Annual Income 52,813,035.81 'Net Change in Port folio is the difference between the ending account value and beginning account value after activity. Asset Summary Preen( Asset Type Prloi Year-End Lad Period This Period 16% Cash, Money Funds, and Bank Deposits 15,864,445.94 17,438.124 43 18,075,731.19 IN 17% Fixed Income 19,233,099.80 19,134,601.29 19,128,156.30 I. 64% Equities 79,000,010.52 66,864,721.84 72,528,455.34 Eg 3% Exchange-Traded Products 2,972,400.00 3,136,000.00 3,123,600.00 100% Account Total (Pie Chart) 5117 069 956.26 6106,375,447.56 $112,855,942.83 Please review your allocation periodically with your Investment Specialist CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CON FID giTTA L ••••• Page'. of Rated (mtelkot (ven, Year She 200/ ()MBAR RATED COMMUNICATONS (CCOAINCE Clowing through Pershing Lig., 4hoDy owned mankliory of tinier. a New Yoh Me4:n Corporation (MY Melee) W ! Se&ne _00046327 Penning L1C. motet FINRA. t DB-SDNY-OO09151 EFTA_OO 156936 EFTA01289299 Summary of Gains and Losses &and Ms Period Year4o-Ode UmSind Short-Term Gain/ Loss 0.00 11,729.29 98,980 91 Long-Term Gain! Loss 31,328.05 77.741.02 26.568.650 41 Net Gain! Loss 31.328.05 69.470.31 26,667.631 32 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECB" ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances. Money Market Fund Detail Dale Activity Type Sweep Money Market Fund DEUTSCHEGOVT CASH INSTL Description Amount Balance Current Yield 0 93% Activity Ending' 0813Y 17 08/01/17 Opening Balance 17,438,124.43 17,438.124 13 08/02/17 Deposit MONEY FUND PURCHASE 108.943.64 17,547 068.07 08116117 Deposit MONEY FUND PURCHASE 124.858.00 17,671,926.07 08/17/17 Deposit MONEY FUND PURCHASE 50.832.00 17.722.758 07 08/18/17 Deposit MONEY FUND PURCHASE 197.820.00 17120.578 07 08/22/17 Withdrawal MONEY FUND REDEMPTION -2.31 17,920,575 76 08124117 Deposit MONEY FUND PURCHASE 1,200.00 17,921,775 76 08/28117 Deposit MONEY FUND PURCHASE 3,298.25 17,925 074.01 08/31/17 Deposit IN CO M E REIN V EST 13.815.54 17.938 889.55 08/31117 Closing Balance $17,938,889.55 Total All Money Market Funds $17,938,889.55 Income and Expense Summary Gwent Period Yewto-0ile Triable Non Taxable Tangle Non Taal, Dividend Income Equities 199,020.00 0.00 862,978.19 0.00 M oney M arket 13.815.54 0.00 77,019.52 0.00 Other Dividends 183000.00 0.00 60010100 0.00 Page 2 of CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (Kent.% (rev Yew S.ritt 200/ DALBAR RATED COMMUNICATIONS mimic Owing throush Peal% LLC. Sway owned ntadrryaeMaarka New Yak Mellon Co•Pontion(ONY Mellon oo04632a Ptrshine 11C. mendsFINRA.AW DB-SDNY-0009152 EFTA_00 156937 EFTA01289300 a Deutsche Bank PO Box 1776, Baltimore, MD 21203 Income and Expense Summary (continued) August 1,2017 - August 31,2017 SOUTHERN FINANCIAL LLC Tattle anient Period NO Taxable Teeth Yea-to-DM Non Taal* Interest Income Bond Interest 3,298.25 0.00 283,149.16 0.00 Other Interest 35.608.00 0.00 103,545.60 0.00 Expenses Margin Interest 0.00 -2.31 0.00 -2.31 Withholding Taxes 0.00 0.00 4,078.09 0.00 Fees(Foreign Securities) 0.00 0.00 -275.00 0.00 Total Dividends, Interest, Income and Expenses $434,741.79 42.31 $1,921,141.38 42.31 Distributions Alternative Investments 0.00 136,841.64 0.00 364,20922 Other Distributions 0.00 0.00 0.00 17,595.42 Total Distributions $0.00 $136,841.64 $0.00 $401,804.84 Portfolio Holdings Account Adivity Cimmil9 Owing Aimed Income 30-Day Current Opening Dale Quelky Number Wog Bias Ulna Income Thb Year Yield Yield CASH, MONEY FUNDS, AND BANK DEPOSITS 16.00% of Portfolio Cash Balance 0.00 138,841.84 Money Market DEUTSCHE GOVT CASH WM 08101/17 17,938,889.550 WA 08131117 17,438,124.43 17.938.889.55 0.00 77,019.52 0.92% 043% Total Money Market $17,438,124.43 $17,938,889.55 $0.00 977,019.52 TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $17,438,124.43 $18,075.731.19 $0.00 $77,019.52 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Page 3 of 17 CONFIDNVAL-41 Rated Gott Gay Yaw Salle 2007 DAWN PATM CCSIMUNICATONS mama Clearing through Pershing LUC, Sbaly ("mod Snider" of the Bark er New Yak Melba Corporation (MY mace) hrshint 11C. ment. FINRA.MOYELM-00046329 OS-SONY-0009153 EFrA_00 156938 EFTA01289301 Portfolio Holdings (continued) Adjusted Dale Acquired Quantity Unit Cost Cost Basis FIXED INCOME 17.0 0 % of Port f olio (Th Maturity Date Sequence) 6Asset Backed Securities WASHINGTON M UT MTG SECSCORP 200441A2 RIG PASSTHRU CTF CA. C-B-I VAR RATE 7.032% 07125133 WE DTD 06101104 Factor:0 13463438 Effective Date:08/01l17 Current Face Value. 560.678.350 12/13/13 . •312 1290,000.000 76.5190 Total Asset Backed Securities 1.290.000.000 Total Current Face Value: 560,678.350 Corporate Bonds BARCLAYS BK PLC CONTINGENT CAP NT ISIN$ US06739FHK037.750% 04/10/23 B/E DTD 04113/I CALLABLE 04I 13/1358 P Rating BB+ 04/03/13 " 2'13 300.000.000 100.0000 ,PM ORGAN CHASE 8 CO DEP SHSREPSTG 113TH PFD SERIFIXED TO FLTG RT BD 7900% 04/29/49 WE OTD 04/23/08M oody Rating BAA3 S S P Rating BBB- 06/15/11 .,3-12 2.500.000.000 107.5000 06/15/I 1',d 2 2,500,000.000 107.0000 Total Noncovered 5.000,000 000 Total 5,000,000.000 BANK AM ER CORP PERP NON COM ULATIV E DEP SHS FIXED TO FLOAT 8.125% 04/30/58 WE DTD 04130/08 CALLABLE05/VMM oody Rating Bat S 8 P Rating BB+ 01/10111 . •3-12 2,000,000.000 102.7500 Markel Price Security kleatifier- 939336520 429,023.26 92.5630 Original Cost Basis: $638.906.71 $429,023.26 Security Identifier. 06739FHKO Market Value 518.980.70 300.000.00 103.0000 Original Cost Basis: $300,000.00 Security Identifier: 46625HI1A1 2.687.500.00 103.0000 Original Cost Basis: 52,687,500 00 2,675,000.00 103.0000 Original Cost Basis: $2.675.000.00 5,362,500.00 $5,362,500.00 Security Identifier: 060505018 2,055.000.00 103 4000 Original Cost Basis: $2,055.000.00 $518,980.70 309.000.00 2.575.000 00 2.575.000.00 5,150,000.00 95,150,000.00 2,068.000 00 Unrealized Gain loss Accrued lateral Estimated Edintaled Annual Income Yield 89,957 44 3,285.87 589.957.11 $3,285.87 $0.00 9,000.00 9.106.25 23,250.00 7.52% -112.500.00 65.833.34 197.500.00 7.66% 400,000.00 65,833.33 197,500.00 7.66% -212,500.00 131,666.67 395,000 00 4212.500.00 $131.666.67 $395.000.00 13,000 00 47,847.22 162,500.00 7.85% Page 4 of CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Raed link .% ben Yew Sect 200/ 0041144 RATED COMMUNICATTOP6 acittuta Owing through Perstars LC. a Sway owned stint." auto Barra New Yak Melon Corporation (ONY Melee) m_00046330 'taint 11C . rnente. FINRA.f6•46 Se& DB-SDNY-0009154 EFTA_00156939 EFTA01289302 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) Date Acquired FIXED I NCOM E (continued) Corporate Bonds (continued) SOUTHERN CALIF EDISON CO PREF SER E 6 250% Offfi62 BIE DID 0 f 17/12 CALLABLE02/0 122 0 130 000Moody Rating BAA1 S8 P Rating BBB- 01130112'•J° 3.000.000.000 99.8710 2.996.137.11 111.6250 3.348.750 00 Original Cost Basis: 52,992,564.97 GENERAL ELEC CO GTD FXDTO•FLTGRT Securely Identiber. 3696048144 NONCUMULATIVE PERPETUAL PREFERRED 4.000% 12/03/65 REG OTD IRO 3P6Moody Rating A3 S8 P Rating A 12/03115 2,469,000.000 88.0930 2,175,016.17 99.0000 2,444,310.00 Original Cost Basis: 52,175,01.17 5LIOYDSOANKING GROUP PLC FXD RATE RESET Securely Identifier: 539439AG4 AD DI TIER 1SECS ISINSUS539439AG42 7.500% 04/27/88 B/E DTD 04107/14S 8 P Rating BR Please Provide' 1,903,000.000 N/A Please Provide 111.5200 2,122,225.60 Original Cost Basis: Please Provide CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier: 4296725 5.950% 08/15/88 8/E DID 08/12/15 CALLABLE0816/20 0 130.0DOM oody Rating BA2 $ P Riling BB. 08/06115 3,000,000.000 100.0000 3,000,005.99 105.5630 3,166,890.00 Original Cost Basis: $3,000,006.00 Total Corporate Bonds $15,888,659.27 $18,609,175.60 17.672.000.000 TOTAL FIXED INCOME $16,317,682.53 $19.128,156.30 August 1,2017 - August 31,2017 SOUTHERN FINANCIAL LW Quantity Unit Osa Adjusted Cost Oasis Market Price Securely Identifier: 842400 FU2 Market Value 18,962,000.000 ealeed Gain Lon Acaued Estimated Wonted lateral Annual Income Yield 352.612.89 15.625.00 187,500.00 5.59% 269,293.83 20,849.33 98,760.00 4.04% N/A 25,373.33 142,725.00 6.72% 166,884.01 7,933.33 178.500.00 5.63% $598,290.73 $258,401.13 $1,188,235.00 $688,248.17 $261,687.00 $1,188,235.00 Page 5 of '7 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg L4- Riltd (•02141/4 be, Yea. Since 2CO/ DAllA4 RATED COMMUNICATIONS camera Cloning trough Pershing LC. a Sbany owned stAxidiary of WeBarka New Yak Melon Corporation (/NY WOW Petshing11C.rnentt. FINRA.E*PICPM_00046331 DB-SDNY-0009155 EFTA_00 156940 EFTA01289303 Portfolio Holdings (continued) Date Acquired Quantity Unit coel Cod Basis Market Rix EQUITIES 64.00% of Portfolio Common Stocks ADVERUM BIOTECHNOLOG1ESINC COM Dividend Oplion: Cash Security Idenl diet ADO CUSP. 00773U28 04/20/15 10.000.000 39.8610 398.60600 2.7500 ALIBABA GROUP HIM LTD SPONSORED ADS 1911* USO 209W1327 Dividend Oplion: Cash Securely Identifier. MBA CUS1P: 0 209W 22 06/10/15 5.000.000 88.9500 444,749 00 171.7400 ALLW12 SE SPONSADR REPSTG Y9 SHS Dividend Oplion: Cash Securely Identifier: JOEY CUSP:01180591 04/13/15 5.000.000 18.0110 90.056 00 21.4000 APOLLO GLOBAL M GM T LLCCL A SHS Dividend Oplion: Cash Security Wollner: APO CUSIP 03762306 03/29/11 " 3 263.157 000 19.0000 4.999.983.00 29.5300 APPLE INC COM Dividend Oplion: Cash Security Identifier. AAPL CUSIP: 03783320 09105114 38,180.000 98.9500 3,777,912.53 164.0000 09/05/11 3 7200.000 98.9500 712,440.29 164.0000 09105114 3 18,620.000 98.9500 1.842.449.74 164.0000 01/11/16 250,000.000 99.0000 24,750,006.00 164.0000 Total Covered 314,000 000 Total 314.000 000 ASCENA RETAIL GROUP INC COM Dividend Oplion: Cash 31.082.808.56 $31,082,808.56 Security Identifier. ASNA CUSP. 04351691 01/16/01 " 70,500.000 21.2770 1,500,000.00 2.0400 BASF SE PONS AOR ISINI US0552625057 Dividend Oplion: Cash Security Identifier: BASF( CUSIP. 055262505 04113115 5.000.000 101 6110 508.056.00 96.9700 BIOGEN IDEC INC COM Dividend Oplion: Cash Security Identifier: BIIB CUSP 09052X23 02/14/12 . '3 2,095.000 110.2720 231.019.65 316.5600 BIOVERATIV INC COM Dividend Oplion: Cash Securely Identifier: BIVY CUSP. 09075E20 Market Value Unitaheed Gainloss Estimated annulled Annual Income Yield 27.500 00 858.700 00 107.000 00 7.771.026 21 6.261.520.17 1,180,800.19 3.053.679.84 40.999.999.80 51,496,000.00 $51.496,000.00 143.820 00 484.850.00 663.193 20 471.106 00 413,951 00 16,94400 3.054.30 2.85% 2.771.043 21 476.314.17 6.12% 2,483,607.64 96,213.60 1.53% 468,359 90 18,144.00 153% 1.211.230.10 46,922.40 1.53% 16,249,993 80 630,000.00 1.53% 20,413,191 41 791,280.00 $20,413,191.44 $791.280.00 4 ,356,180.00 -23.206.00 12.092.13 249% 432,173.55 Page s of '7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated (scant Cron Year Lace 2001 DAL/AR RATED COMUNICADONS micautia Clearlas through haft1Mo Many owned stinidiary a theBarka New Yak Mellon Corporation atly Mellon m_00046332 Pttshing 11.C. mends FINRA.AW DB-SDNY-0009156 EFTA_00 15694 I EFTA01289304 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) August 1,2017 - August 31,2017 SOUTHERN FINANCIAL LLC „untanned Estimated Estimated Outs Acquired Quantity Unit com Cod Basis Market Rice al).et Gain Loss Annual Income Yield EQUITIES (continued) Common stocks (continued) BIOVERATIY INC COM (continued) 02/14/12 1.047.000 18.5540 19.426.02 56.6900 59.351 13 39.928.41 CENTENE CORP DEL COM Security Identifier. CNC Dividend Option: Cash CUSP: tt35B91 09/08/14 15.550.000 63.6450 989.679.75 88.8500 1.381.617,50 391.937.75 DISH NETWORK CORP CL A Security Identifier: DISH Dividend Option: Cash CUSP 25470M139 06/10/15 5,000.000 72.9960 364,978.00 57.2900 286,450 00 -78,528.00 FACEBOOK INC CL A Security Wealthy: FI3 Dividend Option: Cash COP.30303MM 05/17/12 t° 17,500.000 38.0000 665.000.00 171.9700 3.009.475.00 2.344.475.00 FOUNDATION MEDICINE INC COM Security Identitle. FM I Dividend Callon: Cash CUSP:3504651)0 01/13/14 25.000.000 27.5070 687.663.50 40.3000 1.007.500.00 319.836.50 08/05/14 24,830.000 23.2530 577,373.02 40.3000 1 000.649 00 423,275 98 Total Covered 49.830 000 1.265.036.52 2.008.149 00 743,112.48 Total 19,830.000 $1,265,036.52 32 008,149 00 3743,11248 $0 .00 GILEAD SCIENCES INC Secility Identifier: GIG Dividend Option: Cash CUSP: 37555803 02/05/14 5,000.000 79.2810 396,107.00 83.7100 418,550.00 22,143.00 10.400.00 2.48% 03/07/14 3.100.000 79.6120 246.797.00 83.7100 259.501.00 12.704.00 1148.00 248% Total Covered 8,100.000 643,204.00 678,051.00 34,847.00 16,848.00 Total 8,100.000 3643,204.00 3678,051.00 334,847.00 $16,848.00 GIAXOSMITHKUNE PLC SPONSADR Security Beni ifier: GSK Dividend Option: Cash CUSP. 37733W 1:15 06/10115 5,000.000 43.0010 215,006.00 40.2300 201.15000 -13,856 00 9,999.90 4 97% GOOADDY INC CI. A Security Identifier: GOD? Dividend Option: Cash CUSP: 38023707 04/01/15 700.000 20.0000 14.000.00 44.8200 31.374 00 17.374 00 Page 7 of •7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (Anneal Cron Year Sffice 200/ DAL/AR RA TED COMUNICATCP6 actiwia Owing through PerstArs LUC, a alb* owned "ASSN" of the Bark at New Yak Mellon Corporation (MY maw holing NY FINRA.WnrilkeM_ 00046333 DB-SDNY-0009157 EFTA_00 156942 EFTA01289305 Portfolio Holdings (continued) Dote Aciatied EQUITIES (continued) Common Stocks (continued) SANGAMO BIOSCIENCES INC COM Dividend Oplion: Cash 05128113 ..n 50,000.000 SANTANDER CONSUM ER USA IILDGS INC COM Dividend Oplion: Cash 01123114 1.000.000 TWITTER INC COM Dividend Oplion: Cash 11/07/13 VIACOM INC NEW CL B Dividend Option: Cash 06/10/15 VOLKSWAGEN A GADR (SPONS) Dividend Option: Cash 04/13/15 WISDOM TREE INYtS INC COM Dividend Option: Cash 03131115 15,000.000 Total Common Stocks Preferred Stocks (Listed by expiration date) GMAC CAP TR 'GTO TR PF0 SECS SER 2 CPN. 8.45% HO WILY MATT-02/1512040 CALI. ANYTIII E Q25 W130 DAYS BEGINS02/4/ 13 Dividend Option: Cash 02722/12 ..n 80,000.000 Total Preferred Stocks Options CALL 10 CURENCYSHARES EURO TR EURO 94$ DP 0 9-154013.000 OPTION ROOT= FXE 450.00 of Ibesecontracts are in your margin account 07/10/17 450.000 0.8000 Nastily Unit Coal Cal Bele Market Rice 1,500.000 5,000.000 5,000.000 8.4440 422,214 24.0000 24.000 26.0000 39,000 67.7490 338,745 50.8610 254,306 21.6110 324,157.50 $44,834,031.00 Security Identifier: SGMO CUSP 80067716 00 13.3500 Security Identifier: SC CUSP:802831111 00 14.2800 Security Idenlilier: MI TR CUSIP.9014L12 00 16.9109 Security Identifier: VIAB CUSP 92551,201 00 28.6000 Security Identifier: VLKAY CUSP:928862303 00 30.9400 Security Identifier: WETF CUSP:9771781)4 9.1700 Security Identifier: ALLY PRA CUSP 36160208 23.5350 1,882,773.60 26.1200 51,882,773 60 Option Identifier 990AKENX Underlying Security Identifier: RE Underlying Security Price:515.03 36,006.00 22200 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Markel Value 667 500.00 14.280.00 25.365.00 143.000 00 154.700.00 137,550.00 $70,350,105.34 2.069.600.00 $2,089,600.00 99,900.00 CONFIDOWAL ••••• Unrealized Gain Loss 245,286 00 9120 00 13.635 00 .195 745 00 -99 606 00 -186,607.50 S25,516974 34 206,826.40 $206,826.40 63,894 00 Rated (Nelkot Inn, Year SoKe 2001 DALBAR RA TED COMMUNICATIONS EXCILLINCE Eslirnaled Eslirated Annual irocrre Yield 4,000.00 2.79% 1,706.59 1.10% 4,800.00 3.48% $1,320,095.09 145,152.00 694% 1145,152.00 Page 8 of 17 Clestlas *cough P.O.W. ut.asbay trod Ninicliory of **Bark a Ns Yak Meta Coma-alas (IINY WNW FINFlint L1C. morix. FINR,Saylye,GM_00046334 DB-SDNY-0009158 EFT:4_00156943 EFTA01289306 a Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) Dote Acqtired EQUITIES (continued) Options (continued) PUT DO CURENCYSHARES EURO TR EURO SHS 8009-54010.000 OPTION ROOT: FXE -450,00 of these contracts area short position 07719!17' -450.000 0.6900 PUT 90 ADVANCB)MICRODEVICESINC COM DtP00/6460.000 OPTION ROOT: AM D .200.00 of these contracts are a short position 07131117 -200.000 0.7600 Total Options TOTAL EQUITIES Quantity UnN Cop ante Argued Quantity UnN Cud EXCHANGE-TRADED PRODUCTS 3.00% of Portfolio WISDOM TREE TRAPAN HEDGED EQUITY FD Dividend Option: Cash: Capital Gains Option: Cash 60,000 00 of these shares are in your margin account 12111/13 61000.000 49.4350 TOTAL e(CHANGE-TRADED PRODUCTS August 1, 2017 - August 31,2017 SOUTH ERN FINANCIAL LLC Cast Basis Merkel Rice arket Pale Unmated Gsintloss estimaled Est ir al ed MI MI Income Yield Option Identifier: 990IXEDI Underlying Security Identifier: FXE Uadertying Security Rice: $16 03 -31.043.27 0.0300 -1.350.00 29,693.27 Option Ideetifier:990AMIAA Underlying Security Identifier: A140 11'dtitling Security Prise:513.00 -15,193.64 0.4900 4,800.00 5,393.64 410,230 91 588.750 00 598.980.91 $0.00 $48,706,573.69 $72,526,455.34 $25,821,881.65 $1,465,247.09 thmealeind Nadel Whaled Cost Basis Markel Rice Market Woe Pink= Ansel Inman Yield Security Identifier DXJ CUSIP 97717W851 2.986.098.50 52.0800 92,966,098.50 3.123.60010 $3,123,600.00 Cod Bites Make, Value 157,501.50 $157,501.50 Unrealized Golelloss Accrued Intend 82,534.20 2.64% $82,534.20 Blinded Annul Income TOTAL PORTFOLIO HOLDINGS 384,066.085 91 $112.855,942.83 326,887,631.32 $261,687.00 92,813,035.81 • Noncovered under the cost basis rules as defined below. Securities acquired before 20 llor in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986. as amended ("IRC") (incorporating amendments enacted by P.L.110-34 3, the Emergency Economic Stabilization Act of 20 0 8) and are, 1 herefore, considered ' noncovered,' under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered" under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, US taxpayers securities which have been acquired on or after their "applicable date(s)" at which they CONFIDENTIAL — PURSUANT TO FED. R CRISA. P. 6(e) Page 9 of 17 CONFIDWFAL ••••• Rated (salient tan Year Sect 2C0/ DALBAR RATED COWAUNICAWNS acittoic( Clearing through Pershing LUC, a Spey toned .nendwyaneBarka New Yee Melba Co•Ponelon(ONY NNW) holing LIC.mori. FINRA.RitYftelt00046335 0B-SDNY-0009159 EFTA_00I56944 EFTA01289307 Portfolio Holdings (continued) are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1. 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1,2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1 2014 Cost Basis on fixed income securities may be adjusted for amortization, accretion. original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns 3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. o The Current Face valuerepresents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may change over time and are obtained from sources we believe fo be reliable. 12 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. " The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked "NIA" and are omitted from the Total. THEAS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results These figures are computed using information from providers believed to be reliable: however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant A capital gain or return of principal may be included in the figures for certain securities. thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions. Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining Page 10 of 4.7 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg r AL •••••• Rated (scant fray Year &ace 2001 DAL/AR RATED COMUNICAD0NS autistic( Cloning through Per stars 1.1.C. • Sbany owned stinicliary of **Barka New Yowl( Mellon Corporation (IINY Mellon) Pershing Lit...sends FRIRA.E*PriliteM_00046336 DB-SDNY-0009160 EFTA_00 156945 EFTA01289308 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings Disclosures (continued) August 1,2017 - August 31,2017 SOUTHERN FINANCIAL LLC Option Disclosure (continued) current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the M argin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness. timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. Schedule of Realized Gains and Losses Curren, Period Description Long Term It 08ILEYE NV AM STELVE ISINSNLOOD831361 Security Identifier N5M88117 Date Dale Disposed Acquired Delineation 08/16/11 08/01/14 Covered Realized Cispontion Method l Dented ion Quantity Proceeds Col sale Gain Loss Versus Purchase/ M EIMER TO CASH 800.000 50.832.00 20.000.00 30.832.00 Page '' of CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated hatIcat bay Yew Sect 2007 DAUM PATIO COMUNICATONS MELLING( Owing through MAW.' LW. a SIN/ owned stinidlavy of the tank of New Yak Mellon Como-melon (BNY Mellon) Petshift 11.C. mends FINRA.WFICAM_00046337 DB-SDNY-0009161 EFTA 00156946 EFTA01289309 Schedule of Realized Gains and Losses Current Period (continued) Date Description Mooted Date Acquked [ledgesHon deposition Method i Treated lon Quantify Proceeds Cod Bads Realized Gam Loss Long Term (continued) WASHINGTON IA UT IA TG S 08124117 12/13113 Homage( I REPYM T OF PRIN 1,290,000.000 2,112.53 1,616.48 496.05 004-RA2 IA TG PASSTHRU CTFC1C- Original Cost Basis: 169.48 B-1VAR RATE 7032910T/25/33 Security Identifier. 939336520 Total Long Term 52,944.53 21,616.48 31,328.05 Total Short and Long Term 52,944.53 21,616.48 31,328.05 ' Noncovered under the cost basis rules as defined below. Securities acquired before 20 11 or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ("IRC-) ( incorporating amendments enacted by P.L.t10-34 3, the Emergency Economic Stabilization Act of 20 0 8) and are, therefore. considered "noncovered," under the new cost basis reporting rules, and marked or denoted as such All other securities in this section are securities which are "covered" under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, UStaxpayers securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRSon form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1, 20 11 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 202 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January t 2014. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions. has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made alter year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to you W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting Cost Basis on fixed income securities may be adjusted for amortization, accretion. original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less t han one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. ' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-8. Page '2 of '7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg ••• Rated (Aneal fray Year Sffice 2C01 DALLURATEDCOMMUNICATiOt6 rAcautta Cleating trough Perstars LC, waxy owned sticliary of **Bark of New Yak Mellon Corporation (IINY maw Petshinell.C.mtnin MRA.VAPteLeM-00046338 DB-SDNY-0009162 EFTA_00 156947 EFTA01289310 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 M essages August 1,2017 - August 31,2017 SOUTHERN FINANCIAL LLC Although a money market mutual fund seeks to preserve the value of your investment at $1 per share. it is possible to lose money by fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidat credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds Activity Summary (All amounts shown are in base currency) investing in a money market mutual ed upon request with the proceeds document or contact your advisor for processed on the sweep platform. tredas This Pecker Debits 1146,60d Net This Perim! Credits Yeer-to-Date Debi% Year-to-Date Net Year-to-Date Securities Securities Bough 0.00 0.00 0.00 0.00 -55,112.00 -55,112.00 Securities Sold 66.025.64 0.00 66,025.64 717,496.81 0.00 717,496.81 Securities Wilhdrren 0.00 0.00 0.00 0.00 -31.554.218.50 -31.554.218.50 Total Securities $66,025.64 $0.00 $66,025.64 $717,496.81 431,609,330.50 430,891,833.69 Dividends and Interest $434,711.79 42 31 $434,739.48 $2,016.742.47 489,252.31 $1,927,490.16 Distributions $136.841.64 $000 $136 891 69 $760.593.33 $0.00 $760.593.33 Fees $0.00 $0 .00 $0.00 $0.00 4375.00 4375.00 Taxes Withheld $0.00 $0 .00 $0.00 $0.00 46.076.09 46,076.09 Cash Withdrawals 0.00 0.00 0 00 0 00 -1.132,731.96 -1,132,731.96 Total Cash $0.00 $0.00 $0.00 $0.00 41,132,731.96 41,132331.96 Totals $637.609.07 42.31 $637,606.76 $3.494,832.61 432,837,765.86 429,342,933.25 Page '3 of '7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO r t AL- Rated (scallent fray Yea/ Saxe 2O0: DALIAR RA TED COMUNICADONS actuoia Owing through P.O.W. LC. a abaft owned sticlian Oft Bank N New Yak Mellon Corporation (IINY maw Wffe Le M_00046339 MINKMINKMINKLit mends FiNRA. A DB-SDNY-0009163 EFTA 00I56948 EFTA01289311 Transactions by Type of Activity Process Trade; Settlement Transaction Date Date Adivity Type Description Quantity Price Accrued Interest Amount Currency Securities Bought and Sold 08/01/17 07131/17 SOLD SHORT PUT 130 ADVANCED MICRO DEVICES INC OOM DIP -200.000 0.7700 15.193 64 USD 990AKIIAA 0941700000 OPTION ROOT: AM D OPENING TRANSACTION UNCOVERED UNSOL 08/16117 ELECTION MOBILEYE NV AM STELVESV ORD SHS ISIN1 N100983961 -800.000 50,832.00 USD MBLY Total Securities Bought and Sold - U.S. DOLLARS 0.00 66,025.64 Dividends and Interest 08/01/17 CASH DIVIDEND RECEIVED SOUTHERN CALIF EDISON CO PREF SER 56250% 0117162 B/E 4,000,000.000 93,750.00 USD 842400 FU2 DTD 0117/12 C18 RD 07115 PD 0810117 08115/17 CASH DIVIDEND RECEIVED CITIGROUP INC FXD RT SR NT PERPOEP RECPT 5950% 4,000,000.000 89.250.00 USD 17296725 08/$188 BEE DTD 8112/ CLB RD 08/14 PD 8/5/17 DIV PAID AT29.753000000 08/15/17 BOND INTEREST RECEIVED 80000 SHRSGM AC CAP TR I GTD TR PEG SECSSER 2 CPN- 35.608.00 USD ALLY PM 8.25% FRED ORTLY MATT-0215/2040 CALL ANYTIME 025 W/30 DAYSSEGINS 02/VS 8008/14 PD 08/6/2 08117/17 CASH DIVIDEND RECEIVED 311000 SHRSAPPLE INC COM RD 08/14 PD 08/17117 197.820.00 USD AAPL 08/21/17 08119/17 INT. CHARGED ON DEBIT MARGIN INTEREST FOR 1DEBIT DAYSAV ML 36006.00 -2.31 USD BALANCES RATE 2.309 07.20.0 TO 07.20.0 USD999997 08/23117 CASH DIVIDEND RECEIVED $000 SHRSWISOOM TREE INVTS INC COM RD 08109 PO 1.20000 USD WETF 08/23/17 08/25/17 BOND INTEREST RECEIVED 290000 WASHINGTON M UT MTGSECSCORP 2004•RA2 M TG 3.298.25 USD 939336S20 PASSTHRU CTF CL C.B1VAR RATE 7032% 07/25/33 B/E DTD 06/0104 RD 07/31P0 08/ 25/17 08131/17 MONEY MARKET FUND DEUTSCHEGOVT CASH 13,815.54 USD INCOME RECEIVED PER232045 Total Dividends and Interest - U.S. DOLLARS 0.00 434,739.48 Distributions 08/31/17 PARTNERSHIP DISTRIBUTION 26367 SHRS APOLLO GLOBAL M GM T LLC CL A SHS RD 06122 136.841.64 USD APO PO 08/3117 Total Distributions - U.S. DOLLARS 0.00 136,841.64 Other Transactions 08/16/17 WITHDRAWAL OF REORG OTY 800- M OBILEYE NV AMSTELVEEN ORD SHS 0.00 USD INSTRUCTIONS ISM 111.00 1383661EXEM PT FROM TAX MBLY Total Ot her Transactions - U.S. DOLLARS 0.00 0.00 Page '4 of '7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) N46023804 CONFIDg Rated (.taller fray Year Sole 200: DALIAR RATED COMUNICAD0NS amnia Cloning through Pars/ars LAC, 'Many owned sticliary of **Bark of New Yak Mellon CorporationOM maw Petshinell.C.mtnin MRA.VAPIII2PM—00046340 DB-SDNY-0009164 EFTA_00 156949 EFTA01289312 a Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) Roast Trade; Settlement Transaction Date Dale Activity Type DewMtion kugust 1,2017 - August 31,2017 SOUTHERN FlNA NCIAL LLD Quantity lice Accrued lofted Amount Wrong Total Value of Transactions The price and quantity displayed may have been rounded. Fixed IncomeAnalysis 0.00 837,608.76 USD Bond Quality Bond Maturity Schedule Bond Duality A 2.444.310.00 13% BAA 8,498,750.00 44% BA? Lower 7366,115.60 40% Not Rated 518.980.70 3% Total 19,128,158.30 100% 0 %of Bond Market Value Market Value Prang of Axed Income 20 40 80 80 100 Sof Bond Bond Maturity Market Value Merkel Value 6 to 10 years 309,000.00 2% Over 10 years 18,819,156.30 98% Total 19,128,156.30 100% Percentages of bond market values are rounded tot e nearest whole paste tags. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. Client Service Information Your Investment Specislit ENJ JOSHUA SHOSHAN 280 PARK AVE- 3RD FL NEW YORK NY 10 0 17 Minted Information Telephone Number: Page '5 of '7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (Kellent tan Year Sege 2001 DALBAR RATED COMMUNICATIONS around Cleating through Pershing LLC.a Swayowned stinicliory of theBarka New Yak Mellon Co•Pontion OM Melee/ Penning 11C.mendx. FiNRA.A7s r DB N MY:000000946134615 EFTA_00 156950 EFTA01289313 Your Account Information TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRON IC 0 EU VERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. Important Information and Disclosures The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability. • This statement will be deemed conclusive. You ere advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be • t page of this statement. Pershing's contact information is as follows: Pershing U.C. Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; Errors and Omissions excepted. Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents, w itness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason( s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the Page 16 of 17 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDNVAL lawn Rated (tallent (rev Year Sect 2C01 DAUM RA T ED COMMUNICATORS actuum Owl% through Pasty lle. • ea/ ("mod stinicliary of the Barka Nom Yak Man Corporation (MY NNW) Ptrshinellf.rnenity FINROAMIYELGM-00046342 DI3-SDNY-0009166 EFTA_00 156951 EFTA01289314 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Important Information and Disclosures (continued) kuguSt 1,2017 - August 31,2017 SOUTHERN FINANCIAL LLC Important Arbitration Disclosures (continued) panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC. Legal Department. One Pershing Plaza. Jersey City. New Jersey 07399: CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Page '7 of" Rated (Kent. tan Year SOICt 2C0/ DALBAR RA ID COMMUNICATIONS actinic Cleating throush haft LC, Sway owned adnicliory of tlw Bark of New Yak Mellon Corporation (ON lim) Ptrshine 11C. meYndx Me . FINRA.AW 00046343 DB-SDNY-0009167 EFTA_00 156952 EFTA01289315 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIALLW 6130 RED HOOK QUARTER B3 ST THOM AS VI 00802 Puha. lank Pelr•ir Noll/ bt 4n/geount Mule's frrotrage Sews D•eliche 14,...44i Nav York Me 345 POI Arent.. 3411N:el New Tolls,,._______________ Ciretl. July 1, 2017 - July 31, 2017 Account Number: N4G-023804 P rtf oh a: a Glance This Period yetto-Date Your Investment Specialist: BEGINNINGACCOUNT VALUE 020,803,697.80 3117,069,956.26 JOSHUA SHOSHAN Net Cash Deposits and Wilhdrawals 0.00 -1.132.731.96 Net Securities lorOut of Account -17,188,218.50 41.554.218.50 Adjusted Previous Account Value 103,615,479.30 84,383,005.80 Dividends, Interest and Other Income 25,440.64 1,740,118.26 Total Taxes Withheld 0.00 4,076.09 Other Transactions -25.00 475.00 Net Change in Portfoilial 2,734,552.62 20,258,774.59 EN DINGACCOUNT VALUE 81 Accrued Interest 5345,692.58 Estimated Annual Income 32.757.026.72 'Nef Change in Port folio is the difference between The ending account value and beginning account value after activity. Asset Summary Percent Asset Type P601 Year-End tax Period %%Period MI 16% Cash, Money Funds, and Bank Deposits 15,864,445.94 17,207,92815 17,438,124.43 le 18% Fixed Income 19,233,099.80 19,135,454.56 19,134,601.29 in 83% Equities 79,000,010.52 81,340,314.59 66,664,721.84 El 3% Exchange-Traded Products 2.972.400.00 3.120.000.00 3,138,000.00 100% Account Total (Pie Chart) $117,069,956.26 $120,803,697.80 1106.375.447.56 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page • of 18 CONFIDWFAL-4 Rated t.allest beet Year Since 2001 DAUM!, RAMO COMMUNICATIONS amerce Clearlas through P.O.W. LLC.a assy aimed stinicliory of WeBarka Now Ycelt Melba Corporation0NY Melim) PeoNne 11C. menu. rirmAANYELG0rt_ 00046344 DB-SDNY-0009168 EFrA_00156953 EFTA01289316 Summary of Gains and Losses Realized This Period Yeas4m0ale Unrealized Short-Term Gain! Loss 10,885.64 11.729 29 86,387.27 Long-Term Gain! Loss -64.870.39 46.412.97 20.706.746.60 Net Gain! Loss -53,984.75 58.142.26 20,793,133.87 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECB" ) and other credit institutions introduced ' negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 1099 and/ or 1042 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances. Money Market Fund Detail Dole Adivity Type Sweep Money Market Fund DEUTSCHEGOVT CASH INSTL Current Yield 0 91% Activity Ending: 07! 31/17 07701/17 Opening Balance 07103117 Deposit 07105117 Deposit 07/14117 Deposit 07/17/17 Deposit 07/21/17 Withdrawal 07126/17 Deposit 07/28/17 Deposit 07/31/17 Deposit Description MONEY FUND PURCHASE MONEY FUND PURCHASE MONEY FUND PURCHASE MONEY FUND PURCHASE MONEY FUND REDEMPTION MONEY FUND PURCHASE MONEY FUND PURCHASE IN CO M E REIN V EST Amount 17,158,128.65 49,800.00 1,000.00 2.426.76 14.991.64 -4,962.73 8,843.56 194.751.23 13.145.32 Balance 17,158,128.65 17,207,928.65 17.208.928.65 17.211.355.41 17.226.347.05 17221.384.32 17,230,227.88 17,424,979.11 17,438,124.43 07/31/17 Closing Balance $17,438,124.43 517.438.124.43 Total All Money Market Funds Income and Expense Summary Tuttle Oment Period Non Taxable Taxable Yeal4o-Date Non Taxable Dividend Income Equities M oney M arket Other Dividends 8,971 76 13.145.32 0.00 0.00 0.00 0.00 663,958.19 63,203.98 417,800.00 0.00 0.00 0.00 Page 2 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated twine% bay Yew Same 2001 DALAI!, RAM COMUNICAT1016 manta Cloatin Ibroush Pershing1M a Sbany owned stinicliary of tlw Barka New Yak Mellon Corporation (IINY Melon) DB Y-0 9 9 Pttshing 11.C. menin FiNRA.g3A:s lete DN M_0 0000451346 5 EFTA_D0 156954 EFTA01289317 a Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary (continued) July 1, 2017 - July 31,2017 SOUTHERN FINANCIAL LLC heath Oral Period Non Title Tattle Year-to-Dale Nominal* Interest Income Bond Interest 3,323.56 0.00 279,850.91 0.00 Other Interest 0.00 0.00 67,937.60 0.00 Expenses Withholding Taxes 0.00 0.00 .6,016.09 0.00 Fees( Foreign Securities) -25.00 0.00 -275.00 0.00 Total Dividends, Interest, Income and Expenses $1,486,399.59 $25,415.64 $0.00 $0.00 Distributions Alternative Investments 0.00 0.00 0.00 247,367.58 Other Distributions 0.00 0.00 0.00 17,595.42 Total Distributions $0.00 $0.00 $0.00 $264,963.00 Portfolio Holdings Adtrlty Opening Closing Actrod Income 30-Day Current Account Opening Die Nudity Number Biding Balance Balance Income ThlnYer Yield Yield CASH, MONEY FUNDS, AND BANK DEPOSITS 16.00% of Portfolio Margin Balance Money Market DEUTSCHE GOVT CASH INSTL 07101/17 17,438,124.430 N/A 07131/17 49 800 00 17,158,12865 0.00 17,438,124.43 0.00 63203.98 0.90% 091% Total Money Market $17,158,128.65 $17,438,124.43 $0.00 $83,203.98 TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $17,207,928.65 $17,438,124.43 $0.00 $83,203.98 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDNVAL ••••• Rated (ottlkot Inn, Year $lItt 20O/ DALBAR RATED COMMUNICATIONS DICOAD4CE Page 3 of 18 Cleating through Pentang LLC, a wig,/ aimed sticliary of the Banta New Yak Melba capons, Man WIWI Pashint 11C. meat*. FINRA.Mtlifyelt00046346 DB-SDNY-0009170 EFTA_00156955 EFTA01289318 Portfolio Holdings (continued) Adjusted Date Acquited Quantity Unit Cost Cost Cans FIXED INCOME 18.00% of Portfolio (In Maturity Dale Sequence) *Asset Backed Securities WASHINGTON M UT MTG SECSCORP 2004-RA2 NIG PASSTHRU CTF CL C-B-IVAR RATE 7.059% 07125/33 WE DTD 0610104 Factor: 0,43627200 Elfede Date:07/03/17 Current Face Value. 562.790880 12113/13 . '312 1290,000.000 76.5190 Total Asset Backed Securities 1,290,000.000 Total Current Face Value: 562,790.880 Corporate Bonds BARCLAYS BK PLC CONTINGENT CAP N1 ISIHB US06739FHK03 7.750% 04110/23 DID 041818 CALLABLE 04101858 P Rating BB+ 04/03/I3 " 213 300.000.000 100.0000 ,PM ORGAN CHASE& CO DEP SHSREPSTG 113TH PFD SER 1FIXED TO FLTG RT BD 7.900% 04/29/49 EUE DID 04123/08M oody Raling BAA3 S 8 P Rating BBB- 06/15/11 .3.12 2.500.000.000 107.5000 06115111 . '3C 2,500,000.000 107.0000 Total Noncovered 5.000,000 000 Total 5,000,000.000 BANK AM ER CORP PERP NON COM ULATIVE DEP SHS FIXED TO FLOAT 8.125% 04130158 WE DTD 04/30108 CALLABLE 05/.5113M oody Rating Bat 68 P Rating BB+ 01/10111 . " 2 2,000,000.000 102.7500 Market Rice Market Value Unrealized Gainfloss Security Identifier: 939336620 430.639.74 86.1730 Original Cost Basis: $638906.71 $430,639.74 Security Identifier: 06739FHKO 300.000.00 103.2500 Original Cost Basis: $300.000.00 Security Identifier: 46525HHAl 2.687.500.00 103.7500 Original Cost Basis:62687,50000 2,675,000.00 103.7500 Original Cost Basis: $2.675.000 .00 5,362,500.00 $5,362,500.00 Security Moldier 060505018 2,055.000.00 104 4660 Original Cost Basis: $2,055.000.00 484,973 79 $484,973.79 309.750.00 2.593.750 00 2.593.750 00 5,187,500 00 $5.187,500.00 2,089.320 00 Accrued Estimated Estimated Mitten Annual Income Yield 54,334 05 3,311 03 $54,334.05 $3.311.03 $0.00 9,750.00 7.16815 23.250.00 7.50% 43.750.00 49.375.00 197,500.00 7.61% -81,250.00 49,375.00 197,500.00 7.61% -175,000.00 98,750 00 395,000.00 4175.000.00 $98.750.00 $395.000.00 34,320.00 34,305.56 162,500.00 7 77% Page 4 of 15 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Raid tscallent bay Year Since 200/ DALIAN RA TED COMMUNICATIONS mamma Owing through Pershing LUC, Sbany owned stinidiary of **Bark a New Yak Mellon Corporation (IINY maw M_00046347 Petshift Lit...sends Fi Wrillite NRA. DB-SDNY-0009171 EFTA_00156956 EFTA01289319 Deutsche Bank P.O Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) Date Argued FIXED INCOME(continued) Corporate Bonds (continued) SOUTHERN CAUF EDISON CO PREf SER E 6 250% 0117/62 DIE DTD 0117/2 CALLABLE02/0/22Q 100 100 M oody Rating MA'S P Ral lag BBB- 01130/12 .." 3.000.000.000 99.8690 2.996.074.03 111.5000 3.345.000 00 Original Cost Basis: 52,992,56497 GENERALBICCOGTO FXD•TO•FLTGRT Security Identifier: 369604BM 4 NONCUMULATIVE PERPETUAL PREFERRED 4.000% 12703165 REG OTO 12/03111400dy Rating A3 S8 P Rating A 12103115' 2,469,000.000 88.0930 2,175,016.17 99.0000 2,444,310.00 Original Cost Basis: $2,175,01.17 sLLOYDSBANKING GROUP PLC FXD RATE RESET SecurAy Identifier 539439AG4 ADDL TIER 1SEC,S ISINt USS39439AG42 7.500% 04/27188 B/E DTD 04/07/115 8 P Rating B8- Please Provide' 1,903,000.000 NIA Please Provide 111.2500 2,117,087.50 Original Cost Basis: Please Provide CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier 0296725 5.950% 08/6188 DIE DTD 01119.1% CALLASLEOS/V20 0 14.000iloody Ratios BA2S8 P Rsting 89. 08/06/15 3,000,000.000 100.0000 3,000,005.99 105.2220 3,156,660.00 Original Cost Basis: 53,000,006.00 Tot al Corporate Bonds $15,888,596.19 818,849,627.50 17,672,000.000 TOTAL FIX ED I N COM E $16,319,235.93 $19,134,601.29 July 1, 2017 - July 31, 2017 SOUTHERN FINANCIAL LLC Nudity Unit Cod Adjusted Cost Saris Market Rice Securely Identifier: 842400 FU2 Market Value 18,962,000.000 CONFIDENTIAL — PURSUANT TO FED. R CRIFA, P. 6(e) Unrealtzed Gain Lon Accrued Estimated Estimated Catered Annual Income Yield 348125.97 93.750.00 187,500.00 5.60% 269.293 83 12619.33 98.760.00 4 04% NIA 13,479.58 142,725.00 6.74% 156,654.01 82,308.33 178,500.00 5.65% 6643,943.81 8342,381.55 $1,188,235.00 6698,277.86 8345,692.58 11 188,235.00 Page 5 of 18 CONFIDOMPAL lawn Rated (salient tan Yeat Sect 200/ DALBAR RATED CONMUNICA11016 actituta Clearlas through P.O.W. LAC. a Sbaly owned wintry of the Barka Now Ycelt Melba CorporationOM WIWI holing 1.1C. mortet FINRA.MOYEGM-00046348 DB-SDNY-0009172 E FTA_00 156957 EFTA01289320 Portfolio Holdings (continued) Dale Acquired Quantity EQUITIES 6 3.0 0% of Portfolio Common Stocks Unit Cod Cod Bads Market Rix OBILEYE NV AM STELVEEN ORO SI% MN. 610010831361 Dividend Oplion: Cash Security Id tattle*: MBLY CUSP. N57188/17 08101114 800.000 25.0000 20.000.00 63.3000 ADVERUM BIOTECHNOLOG1ESINC COM Dividend Option: Cash Secuity Idylltier/WO CUSP 00773U138 04/20/15 10,000.000 39.8610 398,606.00 2.5500 ALIBABA GROUP HLOG LTD SPONSORED ADS USOSO9W1327 Dividend Oplion: Cash Sixthly Identifier: BABA CUSP: 0$09W 22 06/10/15 5.000.000 88.9500 444.749.00 154.9500 ALLIANZ SE WOWS ADR REPSTG 61) %IS Dividend Option: Cash Security Identifier: AZSEY CUSP:0180591 0013/15 5.000.000 18.0110 90.056.00 21.3500 APOLLO GLOBAL M GM T LLCCL A SHS Dividend Oplion: Cash Security Idenl tier APO CUSIP 03162396 03/29111 . •13 263,157.000 19.0000 4,999,983.00 28.1000 APPLE INC COM Dividend Option: Cash Security Ideatifier: AAPL CUSP:03783320 09/05/14 38,180.000 98.9500 3,777,912.53 118.7300 09/05/14 3 7.200.000 98.9500 712.440.29 148.7300 09/05/14 3 18,620.000 98.9500 1,842,449.74 148.7300 01/11/16 250.000.000 99.0000 24.750.006.00 148.7300 Total Covered 314,000.000 Total 314,000 000 ASCENA RETAIL GROUP INC COM Dividend Option: Cash 31,082,808.56 $31,082608.56 Stonily Idenlifier. ASIA CUSP 0435tD1 01/16/01 " 70.500.000 21.2770 1.500.000.00 2.3400 BASF SE SPONS ADR ISNt USO 552625057 Dividend Option: Cash Seemly Identifier: BASFY CUSP 055262505 0013115 5.000.000 101.6110 508,056.00 95.2700 Market Value Unrealized GainfLoss Estimated Whaled Annual Income Yield 50.640 00 25.500 00 774,750 00 106,750.00 7,394,711.70 5,678.511 55 1.070.856.17 2.769.352.46 37.182.499.82 46,701,220.00 $46,701,220.00 164.970 00 476,350 00 30.640 00 -373,106.00 330.001 00 16.694.00 2,394,728.70 1,900,599 02 358.415 88 926,902 72 12.432.493 82 15,618,411 44 $15,618,411.44 •1.335.030.00 31.706.00 3.054.30 2.86% 436,840.62 5.90% 96,213.60 1.69% 18 .114.00 1.69% 46,922.40 1.69% 630.000.00 1.69% 791,280.00 3791,280.00 12.092.13 2.53% Page 6 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated (scallent 6ery Year Sffice 2CO/ DAL/AR RA TED COMMUNICATIONS marina Owing trough Pershing LC. a awed owned sticliary of **Barka New Yak Mellon Corporation (My Melee) IVI_00046349 Pershing Lit...sends DB-SDNY-0009173 EFTA_00156958 EFTA01289321 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) July 1,2017- July 31,2017 SOUTHERN FINANCIAL LLC Date Acquied Purdy Unit Col EQUITIES (continued) Common Stocks (continued) BIOGEN IDEC INC COM Dividend Oplion: Cash 02114112'.3 2,095 BIOVERATIV INC COM Dividend Oplion: Cash 02/14/12 1.047.000 18.5540 CENTENE CORP DEl. COM Dividend Oplion: Cash 09108114 15,550.000 63.6450 DISH NETWORK CORPCL A Dividend Oplion: Cash 06/10/15 5,000.000 72.9960 FACEBOOK INC CL A Dividend Oplion: Cash 05117112'0 17,500.000 38.0000 FOUNDATION MEDICINE INC COM Dividend Oplion: Cash 01113114 25.000.000 27.5070 08/05/14 24.830.000 23.2530 Total Covered 49,830 000 Total 49,830 000 GILEAD SCIENCES INC Dividend Oplion: Cash 02/05/14 5,000.000 79.2810 03/07/14 3.100.000 79.6120 Total Covered 8.100.000 Total 8,100 000 Cad Baas Market Price Security Identifier: BUB CUSP. 09062X133 231,019.65 289.5900 Security Identifier BIVV CUSP. 09075EDO 19.426.02 61.9700 Security Identifier. CNC CUSP. 61159131 989.679.75 79.4200 Security Identifier: DISH CUSP. 25470M119 364,978.00 64.0300 Security Identifier FB CUSP. 3030302 665.000.00 169.2500 Security Identifier FM I CUSP:350465130 687.663.50 35.3500 577.373.02 35.3500 1,265,036.52 $1,265,036.52 Security Identifier, GILD CUSP: 375558t3 396,407.00 76.0900 246.797.00 76.0900 643,204.00 $643,204.00 arl.et Valle 606,691 05 64.882 59 1.234.981.00 320.150 00 2.961.875.00 883.750.00 877.740 50 1.761.490.50 $1,761,490.50 380 A 50.00 235.879.00 616,329.00 $616,329.00 Uniealized Pintos EMI•tated Whaled Annualloom Yield 375,671 40 45.456 57 245,301 25 -44,828 00 2,296,875.00 196,086.50 300,367.48 496,453.98 $496,453.98 -15,957.00 .10.918.00 -26,875.00 -$26,875.00 $0.00 10,400.00 2.73% 6.448.00 2.73% 16,848.00 $16,848.00 Page 7 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO' L4 Rand btallent ben Year Sffice 240/ DALIAR RATED COMMUNICATIONS exceituia Owing VVOUgh Peal% LC, a okay owned "ASSN" of tfre Bark of New Yak Melon CorporationOW( Waal) _00046350 Poslite 11C. mendat. FINRA.AWM! Se IVI & DB-SDNY-0009174 EFTA_00 156959 EFTA01289322 Portfolio Holdings (continued) Date Acquired EQUITIES {continued) Common Stocks (continued) GLAXOSM ITHKUNE RC SPONS AD R Dividend Option: Cash 06/10/15 GODADDY INC CL A Dividend Oplion: Cash 04/01/15 SANGAMO BIOSCIENCES INC COM Dividend Oplion: Cash 05/28/13 . '13 50100.000 8.4440 SANTANDER CONSUM ER USA MINS INC COM Dividend Oplion: Cash 01/23114 1,000.000 24.0000 TWITTER INC COM Dividend Oplion: Cash 11/07/13 VIACOM INC NEW Cl. B Dividend Oplion: Cash 06/10/15 VOLKSWAGEN A GADR (SPONS) Dividend Oplion: Cash 04/13/15 5,000.000 WISDOM TREE INVTS INC COM Dividend Oplion: Cash 03/31/15 15.000.000 21.6110 Total Common Stocks Preferred Stocks (Listed by expiration date) GM AC CAP TR I GTO TR FCC SECS SETT 2 CM 8.45% FRED DRILY M ATV-02/612040 CALL ANYTILI 6025W/30 DAYS BEGINS02/ 5/ Dividend Oplion: Cash 02/22/12 " 3 80,000.000 Total Preferred Stocks 324.157.50 1,500.000 26.0000 5.000.000 67.7490 Quantity Unit con 5.000.000 Cost dads Market Price Market Value Unsalted Gainfloss Estimated Ediroaled Annual Income Yield Security Ideal ifier: GSK WSIP. 37733W 15 43.0010 215.006 00 40.5200 Security Identifier: GODY CUSP: 38023717 700.000 20.0000 14.000 00 42.9800 Security Identifier. SW 0 CUSP 80057716 422.21410 8.6000 Wordy Identifier: SC CUSP: 80283M 11 24,000.00 12.8100 Security Weal diet 114 TR CUSP. 9014032 39,000.00 16.0900 Stencil y Identifier VIM CUSP 92553P201 338.745.00 34.9200 Securely Identifier: VLKAY CUSP:928662303 50.8610 254,306.00 31.4500 Security Identifier WETF CUSIP.97717P14 10.4400 202.600.00 30.086.00 430.000.00 12.810.00 24,135.00 174,600.00 157,250.00 156.600.00 $44,854,031.00 Security Identifier ALLY PRA CUSP 36160208 23.5350 1,882,773.60 26.5500 $1,882,773.60 $64,449,371.84 2.124.000.00 $2,124,000.00 -12,406.00 16.086.00 7,786.00 -11,190 00 -14,865.00 ,164,145.00 -97,056 00 •167.557.50 $19,595,340.84 241.22640 $241,226.40 9.99910 4.93% 4,000.00 229% 1,706.59 1.08% 4.800.00 3.06% $1,280,621.54 142432.00 6.70% $142,432.00 Page 8 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDOI Rated (scant fray Year Lace 200: DAL/AR RATED COMMUNICATONS mama Clowlasibra4hhnhMigUCa+holyemwd mAnicliwyoldwiankeflemYcAMOkm Corpomtkm(ONYWIWO Pershing 11C. meadx. nnas.ginmeM_00046351 DB-SDNY-0009175 EFTA_00 156960 EFTA01289323 Deutsche Bank P.O Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) OuteAcqtired EQUITIES (continued) Options CALL 90 CURBICYSHARES EURO TR EURO SKS 6009-6-170113.000 OPTION ROOT= FXE 450.00 of thesecontracts are in your margin account 07119117 450.000 0.8000 PUT 1)0 CURENCYSHARES EURO TREUROSHSW09-640113.000 OPTION ROOT= FXE -450.00 of these contracts area snort position 01119/17 450.000 0.6900 Total Options TOTAL EQUITIES July 1,2017- July 31,2017 SOUTHERN FlNA NCIALLLC Nudity Wit Cost Cod Ends Market Price Option Identifier: 990AKENX Underlying Security Identifier FXE Underlying Security Price:511145 36,008.00 2.1900 Option Identifier: 99(//XES1 Underlying Security Identifier: FXE Underlying Security Price:611445 -31,043.27 0.1600 $4,962.73 Market saILe 98.550.00 Unrealized GainfLoss Estimated Estimated Annual Income Yidd 62,544.00 -7200.00 23,843.27 OMeAcquied Nanny Unit Cost EXCHANGE-TRADED PRODUCTS 3.00% of Portfolio WISDOM TREE TRAPAN HEDGED EQUITY FD Dividend Option:Cash:Capital Gains Option. Cash 60,000 00 of these shares are in your margin account 12111/13 80,000.000 49.4350 TOTAL EXCHANGE-TRADED PRODUCTS 646,141,787.33 Cod Bois Market Price Security Identifies DXJ CUSIP 97717W851 $91,350.00 $86,664,721.84 Market Value $86,387.27 $0.00 $19,922,954.51 $1,423,053.54 Unrealized Ciolnfiess afirmated afirnated Armed Income Yield 2.966,098.50 52.3000 3,136,000.00 $2,966,098.50 $3,138,000.00 Cod Brit Markel Via 171,901.50 $171,901.50 Unrealked Geliaose Accrued Intend 82,534.20 2.63% $82,534.20 Berated Annul Income TOTAL PORTFOLIO HOLDINGS $83,485,226.19 $106,375,447.56 $20,793,133.67 $345,692.58 $2,757,026.72 • Noncovered under the cost basis rules as defined below. Securities acquired before 2011or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986. as amended ("IRC") ( incorporating amendments enacted by P.1110-34 3, the Emergency Economic Stabilization Act of 20 0 8) and are, 1 herefore, considered ' noncovered, under the new cost basis reporting rules. and marked or denoted as such. All other securities in this section are securities which are "covered" under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, US taxpayers securities which have been acquired on or after their "applicable date( s)" at which they CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 9 of 18 CONFIDWITAL Rated(matl brerryt&SoKe2001 DALBARRATEDCOMMUNICATTONS MIME( Cleating through Man 'Sc,. Wally wind stinidlary of the Bank M Ws Yak PASN, Corporation OPNY Mae,; Paging 11C. mat. FINRA.644 ifyelt00046352 DB-SDNY-0009176 EFTA_00156961 EFTA01289324 Portfolio Holdings (continued) are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1,20 T2 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1 2014 Cost Basis on fixed income securities may be adjusted for amortization, accretion. original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes. obtained from sources believed to be reliable. In the event, one or more of these attributes is changed there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns 3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value is not available. o The Current Face valuerepresents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may change over time and are obtained from sources we believe fo be reliable. c Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. c The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEASOF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results These figures are computed using information from providers believed to be reliable. however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant A capital gain or return of principal may be included in the figures for certain securities. thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions. Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions. including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions. Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining Page 10 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (Anneal Cron Year &ace 2O0/ DAL/AR RATED COMUNICATONS actunia Cloning through Pars/ars lit. a 'Many owned stinicliary of tlw Bark of New Yak Mellon Corporation (ONY maw Pershing Lit...sends FINRA.WAffiliteM_00046353 DB-SDNY-0009177 EFTA 00156962 EFTA01289325 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings Disclosures (continued) July 1,2017 - July 31,2017 SOUTHERN FINANCIAL LLC Option Disclosure (continued) current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy. completeness. timeliness Or availability Of any information. Standard & Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. Schedule of Realized Gains and Losses Current Period Description Short Term PUT ADVANCED MICRO 13.00 Scanty Identifier 990AK4K90 Total Short Term Date Date Disposed Acquired Designation 07/26/17 07113117 Coveted Disposition Method) Teassdion Arst In First Out I BUY Realized Quanta), Roceeds Cot Bate QS Lon .200.000 14.991.64 4,106.00 10,885.84 14,991.64 4,106.00 10,885.64 Page 11 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (Kenai (rev Year Sect 200/ DALBAR RATED CONMUNICATOP6 actituta Clearlas through Peal% LUC a away owned stinicliory elfin Bark New Yak Mellon Co•Pontion OM Mellon) Pa shine 11C. menix. FINRA.AW !R&M_00046354 DB-SDNY-0009178 EFTA_00156963 EFTA01289326 Schedule of Realized Gains and bosses Curren*, Period (continued) Description Date deposed Dale Acquited OesIgeation deposition Method / Traneaction Quantity Proceeds Cost Bade Realized Gain, Loss Long Term AKORN INC COM 07/25/17 06110115 Covered First In First Out! sat 5.000 000 167.849.01 231.206.00 46.356.99 Security Identifier.009728136 GLOBAL PARTNER ACOUI 07/25/17 07130115 Nonoweree First In First Out /Sat 2.000 000 20.010.03 20.000.00 10.03 P UNIT ICOR S 1WT DtP Security Identifier 37951X204 MATCH GROUP INC COM 07125117 11118115 Covered First In First Out! SELL 200.000 3330.17 2A00.00 1,330.17 Security Identifier. 57665RD6 SQUARE INC a A 07125/17 11119115 Covered First In First Out! SELL 200.000 5.314.07 1.800.00 3,511.07 Security Identifier. 8522341)3 TERRAFORM GLOBAL INC 07125/17 07131/15 Covered Ant In First Out! SELL 400.000 1,953.95 5.821.84 -3.861.89 Security Identifier 881)481101 WASHINGTONMUT MTGS 07124/17 12113113 Noncovered" REPYM T OF PRel 1.290.000.000 2.130.29 1.630.07 500.22 004-RA2 M TG PASSTHRU CTFCL B-1VAR RATE 7059%07/25133 Security Identifier. 939335S20 Original Cost Basis- 1630 07 Total Long Term 200,987.52 265,857.91 41.870.39 Total Short and Long Term 215,979.16 269,963 91 -53.981.75 • Noncovered under the cost basis rules as defined below. Securities acquired before 20 11or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986. as amended ("IRV) ( incorporating amendments enacted by P.L. 110-343, the Emergency Economic Stabilization Act of 20 0 8) and are, therefore. considered "noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securitieswhich are "covered" under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, US taxpayers securitieswhich have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1. 20 11 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 2014. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes. especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions. has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports. including your 1099-8 or online displays you may have available to you W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make. but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRSor other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Page 12 of 15 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID •••••• Rated (soMent (Very Year Saxe 2001 DAIL,* RA TED COMMUNICATIONS 'Amax( Ciwia through Peal% 1.1.C, a abaft owned nosidiary of Neearta New Yak Mellon Corporation (IINY PASO Pershing lit. entnis 00046355 DB-SDNY-0009179 EFTA_OO 156964 EFTA01289327 PA Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period (continued) July 1, 2017 - July 31, 2017 SOUTHERN FINA NCIAL LW Cost Basis on fixed income securities may be adjusted for amortization. accretion, original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes. obtained from sources believed to be reliable. In the event. one or more of these attributes is changed. there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with lessthan one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. ' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In. First Out (FIFO) Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss. unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099.8. M essages Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. Activity Summary (All amounts shown are in bass currency) Securities etedits7hisPerio4 Debits ThisPetio4 Net ThisPecio4 Gene Yea-to-Date DetilsYear4o-Dete Net Year-to-Dale Securities Bought 0.00 -40,112.00 -40,11210 0.00 -55,11280 -55,112.00 Securities Sold 244,892.14 0.00 244,892.14 651,471.17 0.00 651.471.17 Securities Withdraws 0.00 -17.188218.50 17,188,218.50 0.00 -31.554.218.50 -31.554.218.50 Total Securities $244.892.14 417,228,330.50 416,983,438.36 $651,171.17 431,609,330.50 430.957.859 33 Dividends and Interest 525,440 64 $O 00 525.440.64 51,582,000 68 489,250.00 $1,492,750.68 Distributions $0.00 $000 50.00 $623.751.69 $0.00 $623.751.69 Fees $0.00 425.00 425.00 $0 .00 4376.00 4375.00 Taxes Withheld $0 .00 $O 00 $0.00 S0.00 46,076.09 46,076 09 Cash Withdraw* 0.00 0.00 0.00 0.00 •1.132.731.96 •1,132.731.96 Total Cash $0.00 $0 .00 $0.00 S0.00 41,132,731 96 41,132,731 96 Page 13 of 15 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rated (Anneal Cron Year Sffice 200/ DAL1AR RATED COMMUNICATORS actiutia Owing through MAW.' LW, a abaft owned stinidlavy of tlw earta Now Yak Mellon Corporation (MY maw Petshift Lit...sends FINRA.E*PilliteM_00046356 DB-SDNY-0009180 EFTA_00156965 EFTA01289328 Activity Summary (continued) Credits TNsPeriod Nees TbisPetiod Net ThisPeriod Cedes Year4o-DMe DebilsYeer4o-Dete Net Year-to-Dale Totals Transactions by Type f Activity $270.332.78 417,228,355.50 416,958,022.72 52,857,223.54 432,837,763.55 429,980,540.01 Roses Trade; Settkmeni Transaction Crete NW Activity Type Description Queenly Securities Bought and Sold 07/14/17 07113/17 SOLD SHORT PUT DO ADVANCED MICRO DEVICESINC031 E(P -200.000 990AK4K90 08.9.4@13000 OPTION ROOT: Ail D OPENING TRANSACTION UNSOLICITED ORDER EXCHANGE LISTED 07/20/17 07/19/17 PURCHASED CALL DO CURENCYSHARES EU RO TR EURO SHS 450 000 990AKEAX 09.9.40ttt.000 OPTION ROOT: FXEOPENING TRANSACTION UNSOL EXCHANGE LISTED 07/20/17 07/19/17 SOLD SHORT PUT DO CURDICYSHARES EURO TR EURO SHS E(P 450100 990AKE.P1 091.17011000 OPTION ROOT: FXE OPENING TRANSACTION UNSOL EXCHANGE LISTED 07127/17 07126/17 PURCHASED PUT DO ADVANCED MICRO DEVICES INC COM D(P 200.000 990AK4K90 08.9.4@13000 OPTION ROOT: Ail D CLOSING TRANSACTION UNSOL EXCHANGE LISTED 07/28/17 07125/17 SOLO AKORN INC COM BKCII A PERSHINGAFFILIATE M AKES A M KT -5.000100 AKRX IN THIS SECU RITY 8 ACTED AS PRINCIPAL UNSOUCITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 07128/17 07125117 SOLD GLOBAL PARTNER ACQUISITION CORP UNIT ICOM IW T -2.000.000 GPACU UNSOLICITED ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT 07128/17 07/25/17 SOLO MATCH GROUP INC COM 81(CM A PERSHING AFFILIATE MAKES -200.000 MTN A MKT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOLICITED ORDER 01/28/17 07/25/17 SOLD SQUARE INC CL A BKCII A PERSHING AFHLIATE IA AXES A MKT -200.000 SO IN THISSECURITY .1 ACTED AS PRINCIPAL UNSOLICITED ORDER 07/28/17 ornsrir SOLD TERRAFORM GLOBAL INC CL A BKCM A PERSHING AFRUATE 400.000 GLBL M AKES A MKT IN THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER ALLOCATED ORDER YOUR BROKER ACTED AS AGENT Total Securities Bought and Sold - U.S. DOLLARS Price Aimed Interest Amount Urgency 0.7599 14,991.64 USD 03900 -36.00600 USD 0.7000 31.043.27 USD 0.2000 4,10610 USD 33.6317 157,849.01 USD 10.0682 20,010.03 USD 18.9313 3,730.17 USD 26.8510 5,314.07 USD 5.0250 1.953 95 USD 0.00 204.780 14 Page '4 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rats (talk. bery Year Sect 2C0/ DALBAR RA TED COMMUNICATIONS c(cottna Outing trough PerstArs LC, alb* owned stinicliary old.* Bark a New Yak Mellon Corporation My Melee) M_00046357 Ptrshinellf.rnenix. FINRA.AW SIELA DB-SDNY-0009181 EFTA_00156966 EFTA01289329 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of A ctivity (continued) July 1,2017 - July 31,2017 SOUTHERN FlNA NCIALLLC Proces' Triode; Settlement Transustion Date Date Adivky Type Desaiption Quantily Price Accrued interest Mnaunt 01(Nny Securities Withdrawals and Deposits 07/14/17 SECURITYDEUVERED BANK OF NEW YORK N EU.ON CORP COM 2251BOA/CLIENT A/C -250,000.000 -13.090.000.00 UW BK 603181 07/27117 07126/17 SECURITYDEUVERED GENERAL ELECTRIC CO COM 2251BOA/CLIENT A/C 603181 •23.000.000 -593,170.00 UW GE 07/27117 07/26117 SECURITYDEUVERED GENERALM TRS CO COM 2251BONCUENT A/C 60388.1 47,525.000 4,505,048.50 UW GIL Total Securities Withdrawals and Deposits - U.S. DOLLARS 0.00 -17.188218.50 Dividends and Interest 07/03/17 CASH DIVIDEND RECEIVED 5000 SHRSVIACOM INC NEW CL B RD 06/8PD 07103/17 1.000.00 UW VIAB 07113/17 FOREIGN SECURITY DIVIDEND 5000 SHRS GLAXOSM ITHKLINE PLC SPONSADR RO 0514 PD 2.451.76 UW RECEIVED 07/13/17 GSK 07/25117 CASH DIVIDEND RECEIVED 23000 SHRSGENERAL ELECTRIC CO COM RD 0619 PO 07/25117 5.52000 UW GE 07/25/17 BOND INTEREST RECEIVED 1290000 WASHINGTON /I UT kl TG SECS CORP 2004RA2 M TG 3.323.56 USD 939336S20 PASSTHRU CTF Cl. C11-1VAR RATE 1059% 07/25/33 BIE DTO 06/0104 RO 06130 PO 07/25117 07131/17 MONEY hl »WET FUND DEUTSCHEGOVT CASH 13,145.32 USD INCOM E RECOVED PER2320 45 Total Dividends and Interest - U.S. DOLLARS 0.00 25.440.61 Fees 07/13117 FEE ON FORBGN DIVIDEND 5000 SHRS GLAXOSM ITHKUNE PLC SPONSADR RO 05/12 PD -25.00 UW WITHHELD AT THESOURCE 07109 GSK Total Fees - U.S. DOLLARS 0.00 -25.00 Total Value of Transactions 0.00 -16,958.022.72 USD The price and quantity displayed may have been rounded. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) Page 15 of 18 CONFIDg Raad (Kont" tee Wat 5.rce 2CO/ DAMAR RATIO COMUMCA1106 aCttlfila Cleehm fl oot Pest^ LLC. a tolmayomed stamitlim of Me Ponk er New Vak Mam Capo-20mM« Meloo) DB Y 0 9 82 PetthinellC. ~Op Ms RA3nOrDN m: 0 00304613513 EFTA_00 156967 EFTA01289330 Fixed IncomeAnalysis Bond Quality Bond Maturity Schedule %01 Pond %of Bond Bone Guilty Mattel Value Market Value Percent of Axed Income Bend Maturity Market Value Market Value A 2,444,310.00 13% 6 to 10 years 309,750.00 1% BAA 8,532,500.00 44% Over 10 years 18,824,851.29 98% BA/ Lower 7,672,817.50 40% Total 19,134,601.29 100% Not Rated 484,973.79 3% Total 19,134,601.29 100% 0 20 40 80 80 100 Percentages of bond market values are rounded to the nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. T ades Not Settled Settlement Trade Date Date 08101117 07131117 Short Sale PUT MO ADVANCED MICRO DEVICES INC -201000 0.7700 0.00 15.19314 COM EXP09-15.17410000 OPTION ROOT: AM 0 OPENING TRANSACTION UNCOVERED UNSOL EXCHANGE HEM Total Amount of Trades Not Sett led Mirky Type Desaloilloa Acaueil Settlement Quantity Price lotus AmouM Client Service Information 815,103.84 Your Investment Specialea: ENJ Contact Information JOSHUA SHOSHAN Telephone Number: 280 PARK AVE- 3RD FL NEW YORK NY 10017 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 16 of 18 CONFIDWAL-4 Rated balk. bery Yea, Sect MO/ DALIAlt RATED COMMUNICATiOt6 pruritic( Clozelas through Pantiles1.Mo Sbaly *vend stiosidiory of Ow Bark of Now Ycelt Mace Comotatlas Ma Mellon) Pestling men**. FINR,Salye,GM_00046359 DB-SDNY-0009183 EFTA_00156968 EFTA01289331 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Your Account Information July 1,2017 - July 31,2017 SOUTHERN FINANCIALLLD TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRONIC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. Important Information and Disclosures The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that It receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at (201) 4.0.3333.AI' other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be • t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Raze, Jersey City, New Jersey 07399; . Errors and Omissions excepted. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDWFAL Inge Rated (.taller (n.y Year Sect 2C0/ DAL1AR RATED COMUNICATiOt6 actuDia Page'.? of 18 Cleating through Perstarell.C. • milmay turned stinicliary of eve BOSCO Now Ycelt Melba Corporation (Iltly Mete/ PetshineLLCArtain. FINRAAVYNyelt 00046360 DS-SONY-0009184 EFTA_00156969 EFTA01289332 Important Information and Disclosures (continued) Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents. w itness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reasons) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC, Legal Department. One Pershing Plaza, Jersey City, New Jersey 07399; Page '8 of '8 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rackl (Anneal fray Year &ace 2001 DAL/AR RATED COMUNICATONS mama Owing throush hairsLC.4 away owned sticliary a the Bark a New Yak Wean Corporation (MY Mete) Petshift mtnin FINRA.VAPIIELGM_00046361 DB-SDNY-0009185 EFTA_00156970 EFTA01289333 a Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIAL LLC 6 10 0 RED HOOK QUARTER B3 ST THOMASVI 00802 Drutt.tRo Lint 'risen N•allhhAlaletmett mantis cperate C404: O•hiche M,* SrAediel W.Vd Yon C.ite 365 Pot ottenva. )611110N Nero Vial" fall sr,. Cirett June 1, 2017 - Jun Account Numberill. Portfolio a: a Glance ThisPerled Yew-to-Clete Your investment Specialist. BEGINNING ACCOUNT VALUE 9121,795,105.41 9117,089,956.26 JOSHUA SHOSHAN Net Cash Deposits aid Withdrawals 0.00 -1,132,731.96 Net Securities In/Out of Account 0.00 -14,366.000.00 Adjusted Previous Account Value 121,795,105.41 101,571,224.30 0Mdends.interest and Olhet Income 190,767.47 1,714,677.62 Total Taxes Withheld 0.00 4,078.09 Net Other Activity 0.00 450.00 Net Change in Portfolio 4,182,175.08 17,524,221.97 EN DINGACCOUNT VALUE 1=MMI Accrued Interest 3244,394.45 Estimated Annual Income $8,104.479.23 Asset Summary Percent Awed Type Wier Year•Ead led Pead lbisPeriod . 14% Cash, M oney Funds, and Bank Deposits 15,884,445.94 17,016,317.53 17,207,928.65 IM 16% Fixed Income 19,233,099.80 19,104,641.04 19,135,454.66 . 67% Equities 19,000,010.52 82,614,546.64 61,340,314.59 En 3% Exchange-Traded Products 2.972.400.00 3,059,400.00 3.120.000.00 100% Account Total (Pie Chart) 9117,089,958.28 $121,795,105.41 $120,803697.80 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CON F ID gifFAL Page let 19 Rated(Kellem (*o,YearS.me200/ DALBARRATUDCWOAUNKAM6 acittuta Cloy/ft through PINS. LLC. slicayowned Snider" of the Soak el Ws Yak Aim Corporation tear MOW _00046362 hi shine mend:et FINRAAW SIW ra DB-SDNY-OO09186 EFTA_OO156971 EFTA01289334 Summary of Gains and Losses This Period Peaked vear4o-Dele Metalloid Short-Term Gain! Loss 843.65 843.65 0.00 Long-Term Gain/ Loss 507.05 111,283.36 22,050,118.09 Net Gain! Loss 1,350.70 112,127.01 22,050,118.09 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECEr ) and other credit institutions introduced' negative interest rates' Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 1399 and/ or 1042 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances. Money Market Fund Detail Oate Activity Type Desalptin Amount flaimice &weep Money Market Fund DEUTSCHE GOVT CASH INSTL Current Yield 0.88% Activity Biding:08/ 30117 06101117 Opening Balance 16,887,370.60 18,887,370.80 06/01/17 Deposit MONEY FUND PURCHASE 128,946.93 17.0103,317.53 06/16/17 Deposit MONEY FUND PURCHASE 49,380.00 17,065,697.53 06/26117 Deposit MONEY FUND PURCHASE 37,059.50 17,102,757.03 06/27/17 Deposit MONEY FUND PURCHASE 3,360.28 17,108,117.31 06/26/17 Deposit MONEY FUND PURCHASE 36,524.90 17,142,84211 08/30/17 Deposit MONEY FUND PURCHASE 4,212.00 17,148,85421 08130/17 Deposit INCOMERBNVEST 11,274.44 17,158,128.85 06/30/17 Closing Balance $17,156,128.65 Total All Money Market Funds 817,158,128.85 Income and Expense Summary Cement Period Yea4coDato Taxable Non Taxable Taxable Non iambi. Dividend Income Equities 41,271.50 0.00 654,986.43 0.00 Money Market 11,274.44 0.00 50,058.66 0.00 Other Dividends 49,800.00 0.00 417,800.00 0.00 Page 2 of 19 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) CONFIDWFAL-4 Rated ticellent bort Yew Since 2C0/ DAUM RARD COMMUNICATIONS EARWIG( Clexing through Perstars LUX. a abaft toned Snider" a Ow Barra Now Yak Melba corporation (MY WIWI Pennine monte. FINRA.Mtl 00046363 DS-SDNY-0009187 EFTA_00 156972 EFTA01289335 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary (continued) lune 1, 2017 - June 30,2017 SOUTHERN FINANCIAL LLC Orient Period Taxable Non Taxable Taxable Year4a-Date Non Taxable. Interest Income Bond Interest 88,421.53 0.00 278,527.35 0.00 Other Interest 0.00 0.00 67,937.60 0.00 Expenses Withholding Taxes 0.00 0.00 1,076.09 0.00 Fees(Foreign Securities) 0.00 0.00 -250.00 0.00 Total Dividends, Interest, Income and Expenses $190.767.47 $0.00 51.460.983.95 $0.00 Distributions Alternative Investments 0.00 0.00 0.00 247,361.58 Other Distributions 0.00 0.00 0.00 17,595.42 Total Distributions $0.00 $0.00 $0.00 $264,963.00 Portfolio Holdings Account Acuity Opening Date Quantity Number Ending Opening Balante Oombig Mama Accrued Income Nome ThNYeat 30.Dey Add Olnal Yield CASH, MONEY FUNDS, AND BANK DEPOSITS 14 00% of Portfolio Cash Balance Margin Balance Money Market DEUTSCHE GOTT CASH INSTL 06/01/17 17,158,128.650 N/A 06/30117 128,946.93 0.00 16,887,370.80 0.00 49,800.00 17,158,128.65 843.32 50,058.68 0.80% 0.86% Total Money Market $16,887,370.60 $17,158,128.65 $843.32 $50,058.66 TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $17,016,317.53 $17,207,928.65 $843.32 $50,058.66 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) CONFIDWFAL ••••• Rated (ottlket Even Year SoKe 200/ DALBAR RATED COMMUNICATIONS tzetteletCE Page 3 of 19 Cloarlas through P Wie LLC,a Sbaly owned adnithory of Ow Barka Now YM Melba Corporation (VW Waal Pashint motto FINROARtlieleM_00046364 DEI-SDNY-0009188 EFTA_00 156973 EFTA01289336 Portfolio Holdings (continued) Adjusted Date Acquired Quantity Unit Cog Cost Sags FIXED INCOME 16.0 0% of Portfolio (In Maturity Dale Sequence) eAsset Backed Securities WASHINGTON MUT MTG SECS CORP 2004•RA2 NIG PASSTHRU CIF CL C-B-I VAR RATE 7.113%07/25/33 DTD 0610704 Factor: 0 13792339 Effective Date:06/0ff/ Current Face Value. 564.921173 12113113'3° 1.290.000.000 76.5190 Total Asset Backed Securities 1,290,000.000 Total Current Face Value:564.921.173 Corporate Bonds BARCLAYS BK PLC CONTINGENT CAP NS ISINSUS06739FHK037.750% 041912381E DTD 04/9/13 CALLABLE 04191ES8 P Rating BB• 04/03/I3 " En 300,000.000 100.0000 ORGAN CHASE 8 CO DEP SHSREPSTG 79TH PFD SER 'FIXED TO RIG RT BD 7.900%04/29/49 BIE CID 04/23/08M oody Paling BAA3 $ P Rating BBB. 06/15111 2,500,000.000 107.5000 06/15/11 " i2 2.500.000 000 107 0000 Total Noncovered 5,000,000.000 Total 5,000,000.000 BANK AM ER CORP PERP NON COM ULATIV E DEP SHS FIXED TO FLOAT 8.25% 04/30/58 B/E DID 04130/08 CALLABLE05/16MM oody Rating Ba2 S8 P Rating BB, 01/10/11 " j2 2.000.000.000 102.7500 Market Rice Market Value Unaeallzed Gaintoss Accrued Estimated EslIntaled Interest Annual Income Yield Security Ideatifies.939336320 432.269.81 86.1170 Original Cost Basis: $638,906.71 $432,269.81 Security Identifier. 06739FHKO 486,493,17 300,000.00 104.0000 Original Cost Basis: $300.000.00 Security Identifier 46625HHA1 2,687,500.00 103.9500 Original Cost Basis: $2$87,50000 2.675.000.00 103 9500 Original Cost Basis: $2,675,000.00 5,362,500.00 $5,362,500.00 Security Identifier: 060505018 2,055,000.00 103.9850 Original Cost Basis: $2,055,000.00 $486,493.17 312,000.00 2.598.750.00 2.598.750.00 5,197,500.00 85,197,500.00 2,079,700.00 54,223.36 3,235.90 $54,223.36 $3,235.90 $0.00 12,000.00 5,166.67 23,250.00 7.45% .88,750.00 32,916.67 197,500.00 7.59% -76.250.00 32,916.66 197,500.00 759% ,165,000.00 65,833.33 395,000.00 4165,000.00 $65,833.33 3395,000.00 24,700.00 20,312 50 162 500 00 7 81% Page 4 of '9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg L4- Wed (scant Gm Yee/ Since 2C01 DALIAN RA TED COMUNICATIONS DICILLUICI Owing trough Perstars LC, iabany owned stinkliary of 4.4 Bark el New Yak Maw Corporation (OM Mace) fWV NENm_00046365 Pershing Lit...wads FINRA. DB-SDNY-0009189 EFTA_00 156974 EFTA01289337 PA Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) Date Acquired FIXED I NCOM E (continued) Corporate Bonds (continued) SOUTHERN CALIF EDISON CO PREF SER E 6 250%0 T17/62 BIE DID 011712 CALLABLE 0210122 Cr 130 000M ood y Rating BAMS P Rat itig BBB- 01130/12 '.3"1 3.000.000.000 99.8670 Quantity Unit com Algoma Cast Batas GENERAL ELEC CO GTD FXD TO- FLTG RT NON-CUMULATIVE PERPETUAL PREFERRED 4 000% 12(03/65 REG 010 12/03P6Moody Rating A3 S8 P Rating A 12/03/15 2,469,000.000 88.0930 5LLOYDSBANKING GROUP PLC FXD RATE RESET AD DL TIER 1SECS ISINSUS539439AG42 7.500% 0407/88 BIE DTD 04107/14S8 P Rating BB- Please Provide' 1,903,000.000 N/A CITIGROUP INC FXD RT SR NT PERP DEP RECPT 5.950% 08/ 6/88 8/E DID 08112/15 CALLABLE 08179120 130.000M oody Rating BA2 P Rating ElB+ 08/06115 3,000,000.000 100.0000 Total Corporate Bonds 17.672.000.000 TOTAL FIXED INCOM E 18,962,000.000 Market Fine Security Identifier: 842400 FU2 2.996.011 29 110.7500 Original Cost Basis: 52,992,564.91 Securdy 3696048144 2,175,016.17 100 5000 Original Cost Bash: 52,45,011.4 Swirly Identifier 539439AG4 Please Provide 110.3130 Original Cost Basis: Please Provide Security Identifier 4296725 3,000,006.00 105.2220 Original Cost Bas $3,000,006.00 $15,888,533.46 June 1, 2017 - June 30,2017 SOUTHERN FINANCIAL LLC Market Vaite 3.322.500 00 2,481,345 00 2,099,256.39 3.156.660.00 $18,648,961.39 $16,320,803.27 $19,135,454.56 Mot* Gain rims Accrued Waded Edkuted Mend Maud home Yidd 326.488.71 77,604.17 187,500.00 5.64% 306,328.83 4,115.00 98,760.00 3.98% N/A 1,189.38 142,725.00 6.79% 156,654.00 66.937.50 178.500.00 5.65% $661,171.54 $241,158.55 $1,188,235.00 $715,394.90 $244.394.45 $1,188,235.00 Page 5 of '9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (Kell." ben, Year Sect 20O1 DALBAR RATED COMMUNICATORS acittuta Cleating VVOUgh Pershing LUC a Sbany owned stinithory of the Bark of New Yak Mellon Corporation (OM Mellon) AW m_00046366 Ptrshinellf. mat. FINRA. Sit! DB-SDNY-0009190 EFTA_00 156975 EFTA01289338 Portfolio Holdings (continued) DateAcquired Quantity EQUITIES 6 7.0 0% of Portfolio Common Stocks Unit Co! Cost Bale Market Price OBILEYE NV AM STELVEEN ORO SKS MN. 610010831361 Dividend Option: Cash Security Id trifled: MBLY CUSP. N51188117 08101114 800.000 25.0000 20.000.00 62.8000 ADVERUM BIOTECHNOLOGIESINC COM Dividend Option: Cash Secuiily Wen' ilia. ADVM ClISIP. 0077311138 04/20/15 10,000.000 39.8610 398506.00 2.5000 AKORN INC COM Dividend Option: Cash Security Identifier: ikKRX CUSP. 00972816 06/10/15 5.000.000 46.8410 234.206 00 33.5400 ALIBABA GROUP KM LTD SPONSORED ADS ISMS USO $09W1127 Dividend Option: Cash Senility Wachner MBA CUSP:0$09W132 06/10/15 5.000.000 88.9500 444.749 00 140.9000 ALLIANZ SE SPONSADR REPSTG 11)31IS Dividend Option: Cash Security Iden1 her: AZSEY CUSP. 01380591 04/13/15 5,000.000 18.0110 90,056 00 19.7750 APOLLO GLOBAL MGM T LLCCL A SHS Dividend Option: Cash Security Idealdim:APO CUSP 03762306 03/29111 ".1) 263,157.000 19.0000 4,999.983 00 26.4500 APPLE INC 00M Dividend Option: Cash Security Idealifier.AAPL CUSP:037833130 09/05/14 38.180.000 98.9500 3.171.912 53 144.0200 09105114 3 7200.000 98.9500 712,440 29 144.0200 09/05/14 3 18,620.000 98.9500 1,842.449 74 144.0200 01/11/16 250,000.000 99.0000 24,750,006 00 144.0200 Total Covered 314,000 000 Total 314.000.000 ASCENA RETAIL GROUP INC COM Dividend Option: Cash 31,082.808 56 $31.082.808.56 Secolity Identifier: ASNA CUSP:0435101)1 01/16/01" 70,500.000 21.2770 1500,000 00 2.1500 Market Value Unrealized Gainfloss Estimated Estimaled Annual Income Yield 50 240 00 25.000 00 167,700 00 704.500.00 98,875.00 6 960.502 65 5.498.683.15 1,036,944.17 2.681.652.26 36,004,999.82 45,222.280 00 545.222.280.00 151,57500 30.240 00 -373,606 00 16,506 00 259.751 00 8,819 00 1560,519 65 1720.171.22 324,503 88 839,202.52 11,254,993.82 14,139,471 44 $14,139,471.44 -1,348,425 00 3,054.30 3.08% 436,840 62 6 27% 96.213.60 1.74% 18.144.00 1.74% 16,922.40 1 74% 630,000.00 1.74% 791,280.00 $791.280.00 Page 6 of '9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rated link. Every Year Sect 240/ DALBAR RATED COMMUNICATIONS asthma Owing trough Pers4Ing LC. a ...Kay owned stinicliary atnlorta New Yak Melon Corporation (MY Melee) flYM Se&IVI_00046367 Ptishine 11C . men**. .H RA. DB-SDNY-0009191 EFTA_00 156976 EFTA01289339 O Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) Date Acquied Quantity Unit cot4 Cost Beds Market Price EQUITIES (continued) Common Stocks (continued) BASF SE SPONSADR ISMS US0552625057 Dividend Option: Cash Securely Identifier: BASFY CUSP. 055262505 04/13/15 5.000.000 BANK OF NEW YORK M ICON CORP CON Dividend Cullen: Cash 508.056.00 93.2900 Security Identifier. BK CUSIR 06105810 06/25/14 250.000.000 36.3060 9.076.00 51.0200 BIOGEN IDEC INC COM Dividend Option: Cash 02/14/12 2.095.000 BIOVERATIV INC CON Dividend Option: Cash Scarily Ideatifier. BBB CUSP. 09052X133 231,019.65 271.3600 Sturdy Identifier: ElIVV CUSH? 09075E90 01/11/12 1.017.000 18.5540 19.426.02 60.1700 CENTENE CORP DB. COM Dividend Oplion: Cash Security Identifier: CNC MP. 1135B131 09/08/14 15.550.000 63.6450 989.679 75 79.8800 DISH NETWORK CORPCL A Dividend Option: Cash Warily Identifier DISH CUSP 2517011139 06/10/15 5,000.000 72.9960 364.978 00 61.7600 FACEBOOK INC CL A Dividend Oplion: Cash Security Idealifier FB CUSIR 3030302 05/17/12 " 3 17.500.000 38.0000 665.000 00 150.9800 FOUNDATION MEDICINE INC COM Dividend Option: Cash Security Identifier. FM I CUSP:35046510 01/13/11 25.000.000 27.5070 687.663 .50 39.7500 08/05/11 21.830 000 13.2530 577.373 .02 39.7500 Total Covered 49.830 Total 49.830 000 1.265.036 52 81,265,036 52 June 1,2017 - June 30,2017 SOUTHERN FINANCIAL LLC Market Vaice 466.450.00 12.755.000.00 568.499.20 62.997 99 1,242,134.00 313,800.00 1.612.150.00 993.750.00 986.992.50 1,980,742.50 $1,980,742.50 uncial:ad Gaiorloss Maual EtJaated EMImated lamme Yield 41.606.00 3.678.594.00 337,179.55 43.571 97 252.454.25 41,178.00 1.977.150.00 306.086.50 409.619.48 715,705.98 $715,705.98 12.092.13 2.59% 190.000.00 1.48% $000 Page 7 of CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg 'bled twellent buy Y.:« satt 203/ DAUM...TM COMIUNICADONS FICILUSICI Clexhilbrough P.M" LI.C. a 'Many owned ~Wiry of **Bank a New Yak Mean Corporation (IINY MS) 00046368 hrshim lIC. men«. FINRA.AWIN DB-SDNY-0009192 EFTA_00 156977 EFTA01289340 Portfolio Holdings (continued) OmeAceteired Quantity Unit Cog Cost Basis Market Price EQUITIES (continued) Common Stocks (continued) GENERAL ELECTR1C CO COM Dividend Oplion: Cash Security Identifier GE CUSP 369604133 04123113 ' 23,000.000 21.5700 496.109 08 27.0100 GENERAL M TRS CO COM Dividend Oplion: Cash Security Identifier' GM CUSP. 370451(100 11/18/10' 10.988.200 36.4010 399.978 16 34.9300 12/09110 86,536.800 36.8160 3,185,969 22 34.9300 Total Noncovered 97,525.000 Total 97,525 no GILEAD SCIENCES INC Dividend Oplion: Cash 3,585,947 38 83,585,947 38 Security Identifier. GILD CUSP: 37555803 02105114 5.000.000 79.2810 396.407 00 70.7800 03101114 3.100.000 79.6120 246.797 00 70.7800 Total Covered 8,100000 Total 8,100.000 GLAXOSMITHKUNE PLC SPONSADR Dividend Oplion: Cash 613,204 00 $643,204 00 Security Idealdeer:GS( CUSP 37733W 95 06110115 5,000.000 43.0010 215,006 00 43.1200 GLOBAL PARTNER ACQUISITION CORP UNIT ICOM 8 1WT EXP Dividend Oplion: Cash Security Identifier: GPACU CUSP: 37954X204 07/30/15 • 2.000.000 10.0000 20.000 00 9.8500 GODADDY INC CL A Dividend Oplion: Cash Securely Identifier:CODY CUSP:380237W 04/01/15 700.000 20.0000 14,000.00 42.4200 MATCH GROUP INC COM Dividend Oplion: Cash Security Wenlifier MICH CUSP: 57665R136 11/18/15 200.000 12.0000 2.400.00 17.3800 SANGAMO BIOSCIENCES INC COM Dividend Oplion: Cash Security Identifier: SGil 0 CUSP. 800677136 05/28/13 t° 50,000.000 8.4440 422.211.00 8.8000 SANTANDEROONSOM ER USA IILDGS INC COM Dividend Oplion: Cash Security Identifier: SC CUSP:80283M 91 01123114 1,000.000 24.0000 24,000.00 12.7600 Market Value 621.230 00 383.817 84 3 022.730 41 3,406,548 25 $3,406,548.25 353.900.00 219.418.00 573.318.00 3573,318.00 215,600 00 19,700 00 29.694.00 3,476 00 440.000.00 12.760.00 Unrealized Gainless 125.120 92 -16,160.32 -163,238 81 -179,399.13 4179 399 13 42.507.00 -27.379 00 -69,886 00 -869,886.00 594 00 300.00 15,694.00 1,076 00 17,786.00 -11,240.00 Estimated Estintaled Annual Income Yield 22,080.00 3.55% 16,702.06 131,535.94 148,238.00 $118.238.00 10.400.00 6,448.00 16,818 OD $16,848.00 4.35% 4.35% 2.93% 2.93% 9,839.73 4.56% Page 8 of '9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDOI Rated twelkat ben Yew Seem 2001 DAUM Ott) COMMUNICATIONS DICILLOICI Cleatins through Ponta% LUC a Many armed stirLdiary of 4.4 Bark New Yak Maw 44414tation (My Melee) m_00046369 Pttshing Lit...wads FINRA.9W DB-SDNY-0009193 EFTA_00156975 EFTA01289341 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) Date An:It:red EQUITIES (continued) Common Stocks (continued) SQUARE INC CL A Dividend Oplion: Cash 11119115 TERRAFORM GLOBAL INC CL A Dividend Option: Cash 07/31/15 TWITTER INC COM Dividend Oplion: Cash 11107113 VIACOM INC NEW CL B Dividend Oplion: Cash 06110115 YOLKS/JAGER A GADR (SDORS) Dividend Oplion: Cash 04113115 June 1,20 17 - June 30, 2017 SOUTHERN FINANCIAL= Quantity Una Col Cod Beds Market Price WISDOM TREEINVIG INC COM Dividend Option: Cash 03/31/15 15,000.000 Total Common Stocks Preferred Stocks (Listed by expiration date) GMAC CAP TRIGTD TR KO SECS SER2 CPN• 8.125% FREO DRILY MATT-02/1512040 CALL ANYTIM EI25 WI30 GAYS BESNS02/6/6 Dividend Option: Cash om 2112 . •13 Total Preferred Stocks TOTAL EQUITIES 80.000.000 200.000 9.0000 400.000 14.5550 1.500.000 26.0000 5,000.000 67.7490 5,000.000 50.8610 21.6110 Security 'darnWier:SO CUSP. $52234 03 1,800.00 23.4600 Security Wenl Wier: GUI CUSIP:1104M131 5121.84 5.0500 Security Weel diet MIR CUSIP 90134192 39,000.00 17.8700 Security Identifier VIAB CUSP 925539201 338,745.00 33.5700 Security Identifier: VLKAY CUSIP: 928662303 254,306.00 31.1250 &rarity Id Wilier WETE CUSP:97717PN 10.1700 324,157 50 $58,276,721.30 Secority Identifier: ALLY PRA CUSIP. 36160298 23.5350 1,882,773.60 $1,882,773.60 $60,159,494.90 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Market Value 4.692 00 2020.00 26.805.00 167 850 00 155.625 00 152,550.00 $79,244,314.59 262000 2.096.000.00 $2,096,000.00 $81,340,314.59 Unrealized Gain Loss 289200 4.801.84 42,195.00 -170,895.00 48,681.00 -171,607.50 $20,967,593.29 213,226.40 $213,226.40 $21,180,819.69 CONFIDOWAL ••••• Rated (mtelkot Even, Year SoKe 2OO1 DALBAR RATED COMMUNICATIONS (XCO.LINCE Estimated Estimated Annual income Yield 440.00 21.78% 4,000 00 2.38% 1,706.59 109% 4,800.00 3.14% $1,641,219.37 142.432.00 6.79% $142,432.00 $1,783,651.37 Page 9 of 19 Owl% through Pestarell.C. alb* aimed stinithory of Ow Bark of New Ycelt Melba corporation (MY NNW) Ptrshint monSt. FINRA.6414410 A-00046370 OB-SDNY-00O9194 EFTA_00156979 EFTA01289342 Portfolio Holdings (continued) Date Acquked EXCHANGE-TRADED PRODUCTS3.00% of Portfolio WISDOM TREE TR WAN HEDGED EQUITY FD Dividend Option: Cash; Capital Gains Option: Cash 60,000.00 of these shares are in yoar margin amount 12111113 60,000.000 49.4350 TOTAL EXCHANGE-TRADED PRODUCTS OustIty Una OA Unrealized Cost Bads Merkel Price Market Value Ceram 2,966,098.50 62,966,098 50 Security Identifier: DXJ CUSP 97111/2'851 52.0000 3,120,000.00 153,901 50 63,120,000.00 8153,901.50 Estimated Mailed Annual income Yield 82,534.20 244% 882.534.20 Unlearned Awued Winded Cod Baia Merkel Value Geinitors Interne Anneal Income TOTAL PORTFOLIO HOLDINGS $96,654,325.32 $120,803,697.80 $22,050,116.09 $244,39445 83,104,479.23 Noncovered under the cost basis rules as defined below. Securities acquired before 20 llor in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1988, as amended ("IRC") (incorporating amendments enacted by P.L.110-34 3, the Emergency Economic Stabilization Act of 20 0 8) and are, therefore, considered 'noncovered' under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered' under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, US taxpayers securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Sock in a corporation acquired on or after January 12011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or alter January 1, 20 12 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 2014. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value isnot available. 6 The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may change over time and are obtained from sources we believe to be reliable. 12 Pershing has received updated cost basisin formation, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. 13 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis including short positions at the close of the statement period The market CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDNVAL ••••• Rated hcatett Even( Yea, Stree 200/ DedIAR RATED COMMUNICATIONS IXCCU(14CE Page 10 of 19 Cleadas through Pershing LUC, Sbaly wonted sidesidiory of &eller. a New Yee Mellen Coepontleet(tNY Mellon) Pasting 11C. menete. nrakfiRIOYetelt 00046371 DB-SDNY-0009195 EFIA_00156980 EFTA01289343 a Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings Disclosures (continued) June 1,2017 - June 30,2017 SOUTHERN FINANCIAL LLC Pricing (continued) prices. unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEASOF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic. political. and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ business_continuity.htm I for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased. may be obtained. In dividend reinvestment transactions. Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing may execute foreign currency transactions as principal for your account Pershing may automatically convert foreign currency to or from U S dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day. increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard I. Poor's Reproducing and distributing any information received from Standard & Poor's is not permitted Page 1' of -.9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated ['anent Lady Year S.nct MO/ DALIAR RATED COMMUNICATIONS actuuta Owing trough Pers4Ing LAC, inkony wooed adnicliary of theBark of New Yak Melon Corporation (ONY A1/4 464) Ptishinellf.rnenix, FINRA.AW Imo' M_00046372 DB-SDNY-0009196 EFTA_0015698 I EFTA01289344 Portfolio Holdings Disclosures (continued) Ratings (continued) without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard 11 Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any tees, costs, expenses or losses in connection with the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities; and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. Schedule of Realized Gains and Losses Current Period Desorption Date Cicala Date Acquired Designation Oispontion Method Treesection Quantity Proceeds Cop Bois Realized PiroLon Short Term ALTICEUSAINCO.A Security Identifies:02156KM 06122111 06122117 Covered First In Hest Oul / SELL 500.000 15,843.65 15,000.00 843.65 Total Short Term Long Term WASHINGTON N UT II TG S 004-RA2 LITG PASSTHRU CTF CL C- 8.1VAR RATE 7.113% 07/25/33 Security Identifier: 939336520 06/22/17 12/13113 Noncovered" REPYM T OF PRIN Original Cost Basis: t652 31 1,290,000.000 15,843.65 2,159.36 15,000.00 1,652.31 843.65 507.05 Total Long Term Total Short and Long Term 2,159.36 1,652.31 507.05 18,003.01 16,652.31 1,350.70 ' Noncovered under the cost basis rules as defined below. Securities acquired before 2011or in retirement accounts are generally not subject to 1 he new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended ("IRC") ( incorporating amendments enacted by P.L.110.343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered "noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered' under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, US taxpayers securities which have been acquired on or alter their "applicable date(s)' at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1399-El for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1, 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1, 202 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 2014. Page 12 of 19 CONFIDENTIAL — PURSUANT TO FED. R CRlM. P. 6(e) CONFIDfilrAL-4 Rated tuelkot hay Yea Sege 2001 DALBAR RA TED COVOAUNICATTONS DICILLUICI Clearlas through PestanglIX. a Sbaly ("mod ad:8*m of ft Bark er Now Ycelt Melba Corporation (MY WIW) Pa %hint motto FINRA.Mtlifyelt 00046373 DB-SDNY-0009197 EFIA_00156982 EFTA01289345 PA Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period (continued) lune 1,2017 - June 30,2017 SOUTHERN FINANCIAL LLC This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes. especially for noncovered securities Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions. has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to you W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with lessthan one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method. your account will be defaulted to First In. First Out (FIFO) Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRSForm 1099-B. M essages Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospect us or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. The U.S. will adopt a shortened settlement timeframe beginning with trade date September 5, 2017, for equities, corporate and municipal bonds, and unit investment trusts. Moving from a T+3 to a T+2 settlement cycle will provide faster access to sale proceeds. but it also means that funds will be due on purchase transactions earlier. This may be a good time to consider e-delivery of your account documents-including trade confirmations, account statements and more. Ask your advisor or financial insititut ion about how you can set up e-delivery. Page '3 of '9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated botnent beef Yew Since 2C01 DAIL!, RA TED COMMUNICATORS DtallUla Cloning throush halo{ LUC, a Sway owned "ISSN" of ** Barra New Yak Megan Corporation (IINY Mellon) M Pershing titan...yin FiriRA.BN:slik D DNy: 00 0000496139748 EFTA_00 156983 EFTA01289346 Activity Summary (.1 a s. CL, rte, Cj) Debits ThisPetIod Net TbIsPerlod °edits Year-to-Dale CieheisTesmo-Date Net Year-to-Date *KR: ThIsPerlod Securities Securities Bought 0.00 -15,000.00 -15.000.00 0.00 -15,000.00 -15,000.00 Securities Sold 15.84315 0.00 15.843.65 406.579.03 0.00 406.579.03 Securities Withdrawn 000 0.00 0.00 0 00 -14,366,000.00 -14,366,000.00 Total Securities $15,843.65 415,000 00 $843 65 $406,579.03 414,381,000.00 413,974,420.97 Dividends and Interest $190,767.47 $0.00 $190.767.47 $1.556.560.04 489.250.00 $1,467,310.04 Distributions $0.00 $0.00 $0.00 $623,751.69 $0.00 $623,751.69 Fees $0.00 $000 $000 $0.00 4350.00 4350.00 Taxes Withheld $0.00 $0.00 $0.00 $0.00 46.076.09 46,076.09 Cash Withdrawals 0 00 0.00 0 00 0 00 -1,132,731.96 -1,132,731.96 Total Cash $0.00 $0.00 $0.00 $0.00 -$1,132,731.96 41,132,731 96 Totals $206,611.12 415.000 00 $191,611 12 $2.586.890.76 415,601408.05 413.022.517 29 Transactions by Type of Activity Prows Trade Settlement Transaction Date Me Activity Type Securities Bought and Sold 06/27/17 06122)17 SOLD ATUS 06/27/17 06122/17 PURCHAS9) ATUS Total Securities Bought and Sold - U.S. DOLLARS Description Camay Price Awued Alta USA INC CIA UNSOLICITED ORDER ALLOCATED ORDER YOUR BROKER ACTED AS AGENT aria USA INC CIA PROSPECTUS UNDER SEPARATE COVER 400.000 31.8000 500.000 30.0000 Amount Currency 15,843.65 USD -15,000.00 USD Dividends and Interest 06/15/17 BOND INTEREST RECEIVED 3696048114 06123/17 CASH DIVIDEND RECEIVEC GM 06/26/17 BOND INTEREST RECEIVED 939336520 06127/17 FOREIGN BOND INTEREST 539439AG4 0.00 2469000 GENERAL ELK CO GTD FXD-TO-FLTGRT NON-CUM ULATIVE PERPETUAL PREFERRED 4 000%12103165 REG DTD 12/03/5 CLB RD 05/31PD 06/1117 97525 SHRS GENERAL M TRS CO COM RD 06/09 PD 06/23/17 1290000 WASHINGTON M UT M TG SECS CORP 2004-FLA214 TG PASSTHRU CTF Cl C-B-1VAR RATE 7.10% 07/25/338/E DTO 06/0 TO 4 RD 05/31PO 06125/f/ 103000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL TIER 1SECS ISMS US539439AG42 7.500% 04127/88 DIE DTD 04/07/14 CIS RD 06126 PD 06127/17 843.65 49,380.00 USD 37,059.50 USD 3360 28 USD 35.681 25 USD Page '4 of '9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO' Ras li nk.% Cnry Yew Sect 2001 DALBAR RATED CONMUNICATiOt6 amine( Clestlas trough Pershing LC. a Sbany tens adnidiary of We Bark of New Yak Melon Corporation (ely Melon) holing 11C . rnendx. FINRA.W$46 7.e&IVI_00046375 DB-SDNY-0009199 EFTA_00 156984 EFTA01289347 a Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) I M I I I I I I I I I I I I I I I I I I I I I June 1, 2017 - June 30, 2017 SOUTHERN FINANCIAL LLC Roast: Trade, Settlement Transaction Dale Dale Activity Type Description Quietly Price Accrued Meted Amount Wiener Dividends and Interest (continued) 08129/17 CASH DIVIDEND FECEIVED EDO SHRS GILEAD SCIENCESINCRO 06/1PD 06/29/ 4,212.00 USD OLD 06130/17 MONEY MARKET FUND DEUTSCHEGOVI CASH 11,214.44 USD INCOMERECBVED PER232045 06130/17 CASH DIVIDEND RECEIVED 60000 %IRS WISDOM TREE TRAPAN HEDGED EQUITY FD RO 49,800.00 USD DXJ 06/28 PO 064311 Total Dividends and Interest - U.S. DOLLARS 0.00 190,761.47 Other Transactions 06108/17 REORGANIZATION INSTRUCTION QTY 800 MOBILEYE HMI STELVEEN ORD SHS 0.00 USD WILY INNS NL001183181BBAPT FROM TAX Total Other Transactions - U.S. DOLLARS 0.00 0.00 Total Value of Transactions 0.00 191,611.12 USD The price and quantity displayed may have been rounded. Cash Not Yet Received Security Record Date Payable Dale Ilerlity Held Rate Divided Option Amount of Payment Dividends GEN DIAL ELECTRIC CO COM 06119117 07125117 23,000.000 0.240000 Cash 5,520.00 VIACOM INC NEW CL 06115/11 0210311T 5,000.000 0.200000 Cash 1,000.00 Total Cash Not Yet Received $6,520.00 Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the information. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) C0NFIDgfOrAL WNW., Page 15 of 19 Rated (m<elkot Inn, Year SoKe 2001 DAL BAR RA TED COVIMUNICATTONS EXCELLENCE Cleating through Persian LIZ. R elle/ wood adnicliary of coo Barra New Yak Stain Corporation (ONY NNW slim 11C. ment. FINRA.644 Yfielt00046376 DES-SDNY-0009200 EFTA_00156985 EFTA01289348 Fixed Income Analysis Bond Quality Bond Quality Medal Valve %eland MAO Value A 2,181,315.00 13% BAA 8,520,000.00 44% BA! Lower 7,817,818.39 40% Not Rated 186,493.17 3% Total 19,135,151.58 100% 20 40 80 80 100 0 Pawl of Axed income Bond Maturity Schedule Bond MMurily 6 tot) years 312,000.00 2% Over 10 years 18,823,454.56 98% Total 19,135,454.56 100% Make Value %or Bend Market Value Percentages of bond market values are rounded to the nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. Client Service I nf ormati on Your Invatment Specialin.ENJ JOSHUA SHOSHAN 280 PARK AVE- 3RD FL NEW YORK NY 10017 Contact InfamMlon Telephone Number: Your Account Informal n TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRONIC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 16 of 19 CONFIDWFAL lawn Rated (Kenai (rev Year Sect 2001 DALBAR RATED CONMUNICA11016 acettu4a Clwk, through P iaW llC.a milmay toned .d»idwead»wra Now Ycelt Melba Corporation (MY Mete) Poshing 11C. ...swim FINRA.6414410 A-00046377 DB-SDNY-0009201 EFE4_OO156986 EFTA01289349 a Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Important Information and Disclosures June 1,2017 - June 30,2017 SOUTHERN FINANCIAL LLC The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents. the acceptance and, in certain instances. execution of securities orders.the assessment of the suitability of those transactions. w here applicable, the rendering of investment advice. if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at (201) 413.3333. All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection. Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement. to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LI_C, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by Jury, except as provided by the rules of the arbitration forum in which a claim is filed • Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited • The ability of the parties to obtain documents. witness statements and other discovery is generally more limited in arbitration than in court proceedings • The arbitrators do not have to explain the reason( s) for their award. unless, in an eligible case. a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court • The rules of the arbitration forum in which the claim is filed, and any amendments thereto. shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified, or Page 17 of 19 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated balk. bery Year S.ritt 2C0/ DALBAR RA TED C0MMUNICATi0NS actittoa Owing through hams LUC a iittbany owned adosidiary a**Barka New Yak Mellon Co•Potation (IINY Melee) Ptrshinellf.rnendx. FINRA.AW SeNm-00046378 DB-SDNY-0009202 EFTA_00 156987 EFTA01289350 Important Information and Disclosures (continued) Important Arbitration Agreement (continued) (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LI_C, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; Page 18 of 19 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDNVAL Rated (“clkot Even, Year Seitt 2001 DALBAR RATED COMMUNICATTONS DICOAINCE CIwl through P.O.W. at. a saw/ ern d adnicliary of eh Bark a Now YM Melba Corporation any maw Ptrshint 11C. menbe. FINRA.WilYfielt00046379 DB-SDNY-0009203 EFTA_00156988 EFTA01289351 TERMS ANDCONDITIONS TRANSACTIONS • ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS, CUSTOMS. USAGES. RULINGS AND INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE THE TRANSACTIONS ARE EXECUTED ANDIOR SETTLED, OR IF APPLICABLE. OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY AND TO ALL APPLICABLE LAWS AND REGULATIONS. • TITLE TO SECURITIES SOLO TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL, SHALL REMAIN WITH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT DATE. WHICHEVER IS LATER. • YOU MAY HAVE RECEIVED CONFIRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR STATEMENT. IF SO, THE TRANSACTIONS WILL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. THIS IS ESPECIALLY TRUE IF YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED. FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT OF ITS BUSINESS. DEBIT BALANCES: INTEREST CHARGED ON DEBIT BALANCES 14 YOUR ACCOUNT APPEARS ON THE STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST S COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR FINANCIAL INSTITUTION IF YOU DESIRE ADDITIONAL COPIES. MARGIN INFORMATION: IF YOU MAINTAIN A MARGIN ACCOUNT. THIS IS A CONENED STATEMENT OF YOUR GENERAL ACCOUNT AND A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT RECORD OF THE SEPARATE ACCOUNT AS REQUIRED BY REGULATION T IS AVALABLE FOR YOUR NSPECTION UPON REQUEST. TAX INFORMATION • AFTER YEAR END. PERSHING IS REQUIRED TO PROVIDE TAX INFORMATION TO THE INTERNAL REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES AT THAT TIME PERSHING WILL PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU; USE THAT STATEMENT TO PREPARE YOUR TAX FLINGS. THE TAX STATEMENT ALSO INCLUDES OTHER USEFUL INFORMATION TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS. • DIVIDENDS. MEREST AND OTHER DISTRIBUTIONS SHOWN ON THIS STATEMENT WERE CLASSIFIED AS TAXABLE OR NONTAXABLE BASED ON CERTAIN INFORMATION KNOWN AS OF THE DISTRIBUTION DATE. THIS (-• ASSFICATION IS SUBJECT TO CHANGE AND IS SOLELY INTENDED FOR USE AS GENERAL INFORMATION. • PERSHING DOES NOT PROVIDE TAX. INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE ASSOCIATED WITH PERSHNG IS AUTHORIZED TO RENDER SUCH ADVICE. DO NOT RELY UPON ANY SUCH ADVICE. IF GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEIR TAX ADVISORS TO DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS. GENERAL INFORMATION • WHENEVER YOU ARE NDEBTED TO PERSHING LLC (*PERSHING" FOR ANY AMOUNT. ALL SECURITES HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR LIABILITIES TO PERSHING. AND PERSHNG MAY IN ITS DISCRETION AT ANY TIME. WITHOUT TENDER. DEMAND OR NOTICE TO YOU. CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR PRIVATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS: ANY BALANCE REMAINING DUE PERSHNG TO BE PROMPTLY PAID BY YOU. • WHENEVER YOU ARE NDEBTED TO PERSHING FOR ANY AMOUNT. ALL SECURITIES CARRIED FOR YOUR ACCOUNT ARE OR MAY BE, WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WLL PERMIT THE COMMINGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN. EQUAL TO OR GREATER THAN YOUR LIABLMES TO PERSHING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT PROHIBITED BY LAW. • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER, SPECIALIST, ODD LOT DEALER. BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED. • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR FINANCIAL INSTITUTION OR PERSHING MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETALS AVAILABLE UPON REQUEST • A FINANCIAL STATEMENT OF PERSHING IS AVALABLE FOR YOUR PERSONAL NSPECTION AT PERSHING'S OFFICES. A COPY OF IT WILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN VIEW IT ONLINE AT WWW.PERSHING COM. • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVV.PERSHING.COM/DISCLOSURES • THIS STATEMENT SHOULD BE RETANED FOR YOUR RECORDS. PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES [REGULATION NMS- RULE 607(AX1)-(2)] PERSHING SENDS CERTAIN EQUITY ORDERS TO EXCHANGES. ELECTRONIC COMMUNICATION NETWORKS. OR BROKER-DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHING OR CHARGE ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON WRITTEN REQUEST. PERSHNG RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW TO CERTAIN OPTION EXCHANGES. IN ADDITION. PERSHING ROUTES CERTAIN EQUITY AND OPTION ORDERS TO ITS AFFILIATE. BNY MELLON CAPITAL MARKETS. LLC. FOR EXECUTION AS PRINCIPAL COMPENSATION IS GENERALLY IN THE FORM OF A PER OPTION CONTRACT CASH PAYMENT. BEST EXECUTION: NOTWITHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER FLOW. PERSHING SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE. COUNTER AND EXCHANGE-LISTED SECURITES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS. TRANSMITTED ELECTRONICAISY UP TO A SPECIFIED SIZE. AND TO EXECUTE THEM AT OR BETTER THAN THE NATIONAL BEST BID OR OFFER (P1880). ON CERTAIN LARGER ORDERS. OR F THE DESIGNATED MARKET CENTERS DO NOT MAKE A MARKET BI THE SUBJECT SECURITY. PERSHING DIRECTLY CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TO WHICH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH QUALITY OF THEIR EXECUTIONS IN ONE OR MORE MARKET SEGMENTS ANO THEIR ABILITY TO PROVIDE OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPERIOR TO THE N880. PERSHNG ALSO REGULARLY REVIEWS REPORTS FOR QUALITY OF EXECUTION PURPOSES. F ANY OF THE ABOVE TERMS AND CONDITIONS ARE UNACCEPTABLE TO YOU. REASE NOTIFY PERS-ING IMMEDIATELY IN WRITING ElY CERTFED MAIL TOONE PERSHING PLAZA JERSEY CITY. NJ 0T399. ATTN. LEON, DEPT CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) CONFIDOMPAL4 Page '9 of Wed Exam hartYew Since ICO [AMU RAM COMUNICATIOP6 IDICILLDICI Cleating DIM* P.O. W. RC. a SRO/ wind minicliory of the Bark a Now Yee Melba Comontlas (IINY Mellon) Pt/ shim . membH FINIUSWYBILGM—°°° 46380 DI3-SDNY-0009204 EFTA_00156989 EFTA01289352 O Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIAL LLC 6 10 0 RED HOOK QUARTER B3 ST THOMASVI 00802 O41.11.th• Sant PrI•alr MelhiAlaletennt WIWI] COotratt C40.3: 0eviiche us, 3e-rwreer POW a. Yon elite 30 Pork Avenva, 160 Flax Nero %AO Toll s roe Cern: May 1,2017 -May 31 2017 Account Number Portfolio at a Glance his Period Yew-to-Dote Your Investment Specialist BEGINNING ACCOUNT VALUE 8118,240,573.49 8117,069,956.28 ilk /SAN Net Cash Deposits ad Withdrawals Net Securities In/Out of Account 0.00 0.00 .1,132,131.96 -14,366.000.00 Adjusted Previous Account Value 118,240,573.49 101,571,224.30 Dividends. Interest and Olhet locale 723.601.84 1,523,910.15 Total Taxes Withheld 4,076.09 4,076.09 Net Other Activity 400.00 450.00 Net Change in Portfolio 2,837,206.17 18,706,397.05 ENDINGACCOUNT VALUE Accrued Interest 5232.263.91 Estimated Annual Income 53,069,504.79 Summary Asset Percent Asset Type Prior Year-End last Period ThisPeriod 14% Cash, Money Funds, and Bank Deposits 15,864,445.94 16,298 991 78 11,016,311.53 IN 16% Fixed Income 19,233,099.80 19,100.314 80 19,104,841.04 68% Equities 79,000,010.52 79,777 066 91 82,614,546.84 2% Exchange-Traded Products 2,972,400.00 3,061,200 00 3,059,400.00 100% Account Total (Pie Chart) 5117,069,956.26 4118,240,573.49 $121,795,105.41 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Pagel of 18 C0NFIDOMAL4 Rated [scam bay Yew Since 200? DALIN, PAM COMUNICATONS DICIILDICI Owing through Parsed% Lit. a elvaand stinicliary of Ow Bank et Nes Yak IMItin Corporation (MY NNW) Porrshirte molt. FINRA.AWPSeNm_00046381 DB-SDNY-0009205 EFTA_DO 156990 EFTA01289353 Summary of Gains and Losses Realized This Period Lone-Term Gain! Loss Net Gain/ Loss This summary excludes transactions where cost basis information is not available. Money Market Fund Detail 449.65 449.65 Year4o-Date 110 776.31 110,778.31 Dateline 23 37 501.32 23,237,50112 Date Activity Type Deeallion Amount Wince Sweep Money Market Fund DEUTSCHEGOVT CASH INSTL Current Yield: 014% Activity Ending:0 5/ 3V 17 04129/11 Opening Balance 18,298,991.78 18,298,991.78 05/02/17 Deposit MONEY FUND PURCHASE 197,500.00 16.498.491.78 05115/17 Deposit MONEY FUND PURCHASE 47,500.00 16,543,991.78 05/18/17 Deposit MONEY FUND PURCHASE 118,045.18 16,662,036.96 05/19/17 Deposit MONEY FUND PURCHASE 197,820.00 16,859,856.96 05123111 Deposit MONEY FUND PURCHASE 1,814.74 16,861,471.10 05/25/17 Deposit MONEY FUND PURCHASE 13,292.13 16,874,763.83 05128/17 Deposit MONEY FUND PURCHASE 2,889.94 16,877,633.77 05/31/17 Deposit INCOMER8NVEST 9,738.83 16,887,370.60 05/31/17 Closing Balance $16,887,370.60 Total All Money Market Funds $16,887,370.60 Income and Expense Summary Count Period Taxable Nan Taxabk Yeepto-Die Taxable Non Taxabk Dividend Income Equities 269,557.26 0.00 613,714.93 0.00 Money Market 9,736.83 0.00 38,784.22 0.00 Other Dividends 278,750.00 0.00 368,000.00 0 00 Interest Income Bond Interest 2,869.94 0.00 188,105 82 0.00 Other Interest 33,740.88 0.00 67,937.60 000 Expenses Withholding Taxes -8,076.09 0.00 -8,076.09 0.00 Fees(Foreign Securities) -200.00 0.00 -250.00 0.00 Total Dividends, Interest, Income and Expenses $588,378.82 $0.00 $1,270,216.48 $0.00 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDWFAL ••••• Page 2 of 18 FINed(Nekel Ennyta,Smebocu DAMAINGUEDCOMMUNKANONS (Marna Clwk. teach P.O.W. LAC, NIKO/ owned adnicliary of Wax Bark a Now Yak Meta Coma-aim (IINY AMINO FNnt L1C. merit.. FIN Raqtylye,GM_00046382 DB-SDNY-0009206 EFTA_00 156991 EFTA01289354 a Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary (continued) Distributions Alternative Investments Other Distributions Total Distributions Portfolio Holdings M ay 1,2017 - May 31,2017 SOUTHERN FINANCIAL LiC Osumi Naiad Yea-to-Date Math Non Tad* Taxable Nominal, 0.00 128.946.93 0.00 247,367.58 0.00 0.00 0.00 17,595.42 $0.00 $128,946.93 $0.00 $264,963.00 Account Adkity Opening Opening CNN Quality Number Biding Balance CASH, MONEY FUNDS, AND BANK DEPOSITS 14.00% of Portfolio Cash Balance 0.00 Money Market DEUTSCHE GOVT CASH INSTL 04/29/17 16,887,370.600 N/A 05131/17 16,298,991.78 Total Money Market $16,298,991.78 TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $16,298,991.78 Adbeded Dale Acadia' Witty UM Cod Cod Bads Merkel Rice FIXED INCOME 16.0 0% of Portfolio (In Maturity Clete Sequence) °Asset Backed Securities WASHINGTON,/ UT MTGSECSCORP 2004•RA2 Security Identifier 939336520 Y to PASSTHRU CIF CL C-B-1 VAR RATE 6.052% 07125/33 B/E OW 08/0104 Factor 0.43959732 EffecineDMe.05/0117 Cement Face Value: 667.080.543 12/13/13 ',1T2 1,290,000.000 76.5190 433,922.12 86.0250 Original Cost Basis: $638,90611 Total Asset Backed Securities 1.290.000.000 Total Current Face Value. 567 080.543 Closing Balance &awed Income Income This Yea 3D-Day Coital Yield Yield 128546.93 16.887.370.60 0.00 38384.22 0.69% 0.74% $16.887,370.60 517 016.317 53 Market Value $0.00 $38,784.22 $0.00 Unrealized Gain Loss $38,784.22 Atoned totaled Eats ated Edina-led Maud Name Yield 487,831.04 53,908.92 2,880.28 5433,922.12 $487,831.04 553,908.92 $2,860.28 $0.00 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 3 of 18 CONFIDWFAL armee Rated (Falb% beet Yew Sect a O/ DAUM RA TED COMMUNICATORS Gamma Clozelas through Pirthirell.C. a Sbaly wood stinicliavy of the Barra Ns Ycelt Mace Comoration MY WNW Petshift rnendat. FINR,SalyeLGM_00046383 DS-SDNY-0009207 EFTA_00156992 EFTA01289355 Portfolio Holdings (continued) DateAcquired Quantity Unit Com Adjusted Cod Baia Market Rice Market Value FIXED INCOM E(continued) Corporate Bonds BARCLAYS BK PLC CONTINGBIT CAP NT Security Identifier: 06739FHK0 ISINIUS06739FHK037.750% 04ft/2381E DID 04/13/ 13 CALLABLE 04f t1ES8 P Rating BB+ 04/03/13 . '12'13 300.000.000 100.0000 300.00040 104.5000 313,500 00 Original Cost Basis: $300.000.00 "MORGAN CHASE& CO DEP SHSREPSTG Security Identifier: 46625HHA1 10TH PEG SER 'FIXED TO FLTG RT BD 7.900%04/29/49 fit E DTD 04/23/08M oody Rai ing BAA3S8 P Rating BBB. 06/15/11 " 12 2,500400.000 107.5000 2,687,500.00 103.7800 2,594,500.00 Original Cost Basis 62.687.50000 06/15/11 " 12 2,500,000.000 107.0000 2.675.000.00 103.7800 2,594,500.00 Original Cost Basis: $2675,000.00 Total Noncovered 5400400 000 5,362,500.00 5,189,000.00 Total 5,000,000.000 55.362.500.00 $5.189,000.00 BANK AM ER CORP PERP NON COM ULATIVE DEP Security Identifier: 060505018 SHS FIXED TO FLOAT 8.25% 0413015887E DTD 0030/08 CALLABLE 05P6/ 13M oody Rating BA2Sb P Rating BEfi, n10/11.112 2,000,000.000 102.7500 2,055,000.00 104.1880 2.083.760.00 Original Cost Basis: $2,055.000 tO SOUTHERN CALIF EDISON CO PREF SEE E Security Identifier: 842400 FU2 6 250% 0117/62 B/E DID 0 t17111 CALLABLE02/01220 AO DOOM oody Rating BAA1Sb P Ration BBB- 01/30/12 " .12 3.000.000.000 99.8650 2.995.948.87 111.0000 3.330.000.00 Original Cost Basis:62.992,544.97 GENERAL ELEC CO GTD FXD.TO.FLTGRT Security Identifier:3696048/44 NONCUMULATIVE PERPETUAL PREFERRED 4 400% 2/03/65 REG CID 12/03/1Moody Rating A3 51 P Rating A 12/03/15 ' 2,469,000.000 88.0930 2.175.016.1? 99.0000 2.444.310 00 Original Cost Bas 5225.01.17 Welled GISVIon Atoned Estimated Edkaated Interest Annul Income Yield 13300 00 3.293 75 23.250 00 7.41% -93,000 00 16,458.34 197,500.00 7.61% 80.500.00 16,458.33 197,500.00 7.61% ,173,500.00 32,916.67 395,000.00 4173300.00 532.916.67 5395.000.00 28,760.00 7,222.22 162,500.00 7.79% 334,051.13 62.500.00 187,500.00 5.63% 269.293.83 45.539.33 98,760.00 4.04% Page 4 of 15 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated (salient Every Year Sect 2CO1 DALBAR RATED CONMUNICATiONS aceituta Cleating through Pars/ars LAC. R iittbany owned adnicliary of erearta New Yak Mellon Contotation CONY Mellon nn_00046384 'taint 11C...wit. FINRA.AW Se& DB-SDNY-0009208 EFTA_00 156993 EFTA01289356 a Deutsche Bank P.O Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) M ay 1,2017-May31.2017 SOUTHERN FlNA NCIAL LLC Adjusted Jr: e ante d Acaued Eslor al ed Eshr al ed Date Acquired Csientity Unit Cost Cod Beds Merkel Price arket Valve Gair Loss Interest Annus Income Yield FIXED INCOME(continued) Corporate Bonds (continued) 5LLOYDSBANKING GROUP PLC FXD RATE RESET Security Identifier: 539439AG4 ADDL TIER ISMS ISINSUS539139AG12 7.500% 0/127188 FUEOTD 01/07/14S 8 P Rating B8- Please Provide • 1,903,000.000 N/A Please Provide 110.0000 2,093,300.00 NIA 25,373.33 142,725.00 6.81% Original Cost Basis: Please Provide CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier: 41967,25 5.950% 08/9/88 WE DTD 081419 CALLABLEOWS/10 90.000M oody Rating BA1 SII P Rating 88• 08106/15 3,000,000.000 100.0000 3,000,006.00 105.4380 3,163,140.00 163,134.00 52,558.33 178,500.00 504% Original Cost Basis: 53.000.006.00 Total Corporate Bonds $15,888,471.04 $18,617,010.00 $635,238.96 $229,403.63 $1,188,235.00 17,672,000.000 TOTAL AXED INCOM E $16,322,393.16 $19,104,841.04 $689,147.88 $232,263.91 $1,188,235.00 18,962,000.000 Unmated allanaled &limited Dete Amami Ouietky in Coil Cod &is Market Prke Market Value &ham Maud Income Yield EQUITIES 68.00% of Portfolio Common Stocks M OWLEYE NV AM STB.VEEN ORD StIS ISNS N1009831161 Dividend Oplion: Cash 08101114 ADVERUM BIOTECNNOLOGIESINC 004 Dividend Galion: Cash 04120115 AKORN INC COM Dividend Oplion: Cash 800.000 15.0000 Security Id ratifier. MBLY CUSP. N51188117 20,000.00 61.9000 Searity Identifier. ADYM CUSIP.00773U18 10.000.000 39.8610 398.606.00 2.5500 Security Identifier: AKRX CUSP. 00971896 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 49,520.00 25.500.00 CONFIDWFAL ••••• 29,520.00 473.106 00 Rated (Nelket Inn, Year S,Mt 2001 DAL BAR RA TED coeamunomoms OcCtuANCE Page 5 of 18 Clestlas trough Ponta% LAC. a Nib* owned stinithory of the Bork of New YM Meta Cot/antics (0111F Millon) Pa Flint tic. mote. FINRaatlysyGM_00046385 DI3-SDNY-0009209 EFTA_00156994 EFTA01289357 Portfolio Holdings (continued) Date Acquired Quantity EQUITIES {continued) Common Stocks (continued) AKORN INC COM (continued) Unit Co! Cnst Bale Market Price 06/10/15 5.000.000 46.8410 234.206 00 33.2700 ALIBABA GROUP HLDG LTD SPONSORED ADS ISIN8US0t609W027 Dividend Oplion: Cash Security Idenlifiet MBA CUSP: 0 SO9WS2 06110115 5,000.000 88.9500 444.749 00 122.4600 ALLIANZ SE SPONS ADR REPSTG Y9 SHS Dividend Oplion: Cash Security Identifier:AZSEY CUSP. 01805101 04/13/15 5,000.000 18.0110 90,056 00 19.2500 APOLLO GLOBAL M GM T LLCCL A VS Dividend Oplion: Cash Security Wenl Wier APO CUSP 037612306 03129111 " 3 263.157 000 19.0000 4.999.983.00 27.0300 APPLE INC COM Dividend Oplion: Cash Security Identifier: AAPL CUSIP:037833130 09/05/14 38,180.000 98.9500 3,777,912.53 152.7600 09/05/14 3 7,200.000 98.9500 712.140.29 152.7600 09/05/14 3 18,620.000 98.9500 1.842.449.74 152.7600 01/11/16 250,000.000 99.0000 24,750,006.00 152.7600 Total Covered 311,000 000 Total 314,000.000 ASCENA RETAIL GROUP INC COM Dividend Oplion: Cash 31,082,808.56 631,082,808.56 Security Identifier: ASIA CUSP:0435031 01/16/01 . •3 70,500.000 21.2770 1,500,000.00 1.7700 BASF SE SPONS ADR US0552625057 Dividend Oplion: Cash Security Identifier: SASSY CUSIP. 055262505 04/13/15 5.000.000 101.6110 508,056.00 94.4500 BANK OF NEW YORK M SION CORP COM Dividend Oplion: Cash Secwity Identifier. BK ClISIP.0640513130 06/25/14 250,000.000 36.3060 9,076,406.00 47.1200 BIGGER IDEC INC COM Dividend Oplion: Cash Security Identifier: BOB CUSP 09062X133 02114112 ' 2,095.000 110.2720 231,019.65 247.7700 Market Value Unrealized Gainless Estimated Ellmaled Annul Income Yield 166.350.00 612.300.00 96,250.00 7,113,133.71 5,832,376.96 1,099,872.18 2.844.391.05 38.189.999 81 47,966,640 00 547,966,640.00 124,785.00 472.250.00 11,780,000.00 519,018.15 -67.856.00 167,551.00 6,194 00 3,054.30 3.17% 2.113.150 71 436,840.62 6.14% 2.054,464 43 96213.60 1.64% 387.431 89 18,144.00 1 64% 1,001,941.31 46,922.40 1.64% 13.439,993 81 630,000.00 164% 16,883,831.44 791,280 00 316,883,831 44 6791,280.00 -1,375,215.00 -35.806.00 12.092.13 2.56% 2,703,594.00 190,000.00 1.61% 288,058 50 Page 6 of "S CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated Gallia% bery Year Sect 200/ DALBAR RATED CONMUNICATiONS actatect Owing through Radars LC. a +haft owned %Amid*" +*»Barra New Yak Meitan Corporation0NY Mellon) M_00046386 Ptrshinellf.rnenix. FINRA.AW Se& DB-SDNY-0009210 EFTA_00156995 EFTA01289358 PA Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) M ay 1,2017 - May 31,2017 SOUTHERN FINANCIAL LLC Ode Acquired Nudity Unit Co! EQUITIES (continued) Common Stooks (continued) BIOVERATIV INC COM Dividend Oplion: Cash 02/14/12 1,047.000 18.5540 CDITENE CORP DEL COM Dividend Oplion: Cash 09/08/14 15.550.000 63.6450 DISH NETWORK CORPCL A Dividend Oplion: Cash 06110115 5,000.000 72.9960 FACEBOOK INCCL A Dividend Oplion: Cash 05/17/12 ..13 17,500.000 38.0000 FOUNDATION MEDICINE INC COM Dividend Oplion: Cash 01113114 25,000.000 27.5070 08105114 24,830.000 23.2530 Total Covered 49,830 000 Total 49.830 000 GENERAL ELECTRIC CO COM Dividend Oplion: Cash 04/23/13 23,000.000 21.5700 GENERAL I1T RS CO CON Dividend Oplion: Cash 11/18/10 10.988.200 36.4010 12/09/10 86.536.800 36.8160 Total Noncovered 97.525 000 Total 97,525 000 Cost Baas Market Fria Security Identifier: BIVV CUSP. 09075Et0 19.426.02 55.0900 Stonily Identifier CNC CUSP, 15136BDi 989.679 75 72.6300 Securely bolder DISH CUSP 2$470M19 364.978 00 63.7700 Security Identifier: FB QISIP. 30303M 92 665,000 00 151.4600 Security Identifier FM I CUSP: 1504651)0 687.663 50 38.0000 577,373 02 38.0000 1.265.036 52 S1,265.036 52 Security Identifier. GE CUSP 369604 93 496,10908 27.3800 Sturdy Identifier GM WSIP 37045Vt0 399,978 16 33.9300 3.185.969 22 33.9300 3,585,947 38 $3,585,947.38 arket Vete 57.679 23 1129.396.50 318.850.00 2,650,550.00 950.000.00 943,540.00 1,893,540.00 $1,893.540.00 629,740.00 372,829.63 2.936.193.62 3,309,023.25 $3,309,023.25 Unrealized 38253 21 139.716 75 46,128 00 1,985,550 00 Sheered Estimated Maudloom Yield 262,336.50 366,166.98 628,503.48 3628,503.48 $0.00 133,630 92 22,080.00 3.50% -27,148.53 I 6,702.06 4.17% -249.775.60 131.535.94 4.47% -276.924.13 148,238.00 4276,924 13 S148,238,00 Page 7 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Wed (utile% bent Year Sect MO/ DALIAlt RATED CONMUNICATiONS ctattuta Cleating through Pen.. .RUC. okay owned %ISSN" of tMeeta New York Mellon Corporation aNY Mellon IVI_00046387 Ptrshim 11C . rnend. FINRA.AW Se & DB-SDNY-0009211 EFTA_00 156996 EFTA01289359 Portfolio Holdings (continued) Date Acquired Quantity Unit com Cost Bens Market Price EQUITIES {continued) Common Stocks (continued) GILEAD SCIENCES INC Dividend Oplion: Cash Security Identifier- GILD CUSP: 3755581)3 02/05/14 5.000.000 792810 396.407.00 64.8900 03/07/14 3.100.000 796120 246.797 00 64.8900 Total Covered 8,100.000 Total 8,100 000 GLAXOSN ITHKUNE PLC SPONS AD R Dividend Oplion: Cash 643,204.00 $643,204.00 Sedulity Wenl GSK CUSIP. 37733W1)5 06110115 5400.000 43.0010 215,006.00 44.2300 GLOBAL PARTNER ACQUISITION CORP UNIT ICON 8 1W T EXP Dividend Oplion: Cash Security Identifier: GPACU CUSP: 37954X204 07130115' 2,000.000 10.0000 20,000.00 10.0000 GODADDY INC CL A Dividend Oplion: Cash Security Identifier CODY CUSP: 38023797 04/01/15 700.000 20.0000 14,000.00 41.1400 MATCH GROUP INC COM Dividend Oplion: Cash Security Ideal Wier MICH CUSP: 5766%16 11/18115 200.000 12.0000 2.400.00 19.4800 SANGAMO BIOSCIENCES INC COM Dividend Oplion: Cash Scarily Identifier: SGM O CUSP 60057716 05/28113 " 3 50.000.000 8.4440 422,214.00 6.8000 SANTANDER CONSUM ER USA HLOGS INC COM Dividend Oplion: Cash Stonily Identifier:SC CUSP:80283M 91 01/23/14 1.000.000 24.0000 24.000.00 11.1700 SQUARE INC CL A Dividend Oplion: Cash Security Identifier SO CUSP: 8522341)3 11/19/15 200.000 9.0000 1.800.00 22.9900 TERRAFORM GLOBAL INC CL A Dividend Oplion: Cash Security Idenl ilier CAR CUSP: 88141191 07/31/15 400.000 14.5550 5,821.84 4.9000 TWITTER INC COM Dividend Oplion: Cash Sedulity Menlifiec T1V TR CUSIP. 90941132 11/07/13 1,500.000 26.0000 39,000.00 18.3200 Market Value 324.450.00 201.159.00 525,609.00 3525,609.00 221.150 00 20.000.00 28.798 00 3.89400 340,000.00 11.170 00 4.598.00 1.960 00 27.480 00 Untainted Carrion -71,957.00 .45.638 00 -117.595.00 4117,59500 6.144 00 0.00 14,798 00 1.496 00 42,214.00 -12.830.00 2.798 00 4.861 84 -11,520 00 Esthaled Estimated Annual Income Yield 10.400.00 6,448.00 16,848.00 516,848 00 320% 320% 9,839 73 444% 440.00 22.44% Page 8 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDOI Rated [.celloA Leery Yaw Sect 200/ OMBRA RAM COMMUNICATIONS Clemlag through Pershing LLC. a Many **fled mdaskliwy el &alert a New Yak Mellon CoMmation Ma Melee) Pasting L1C. mead*/ FINRA.CW !R&M_ 00046388 DB-SDNY-0009212 EFTA_OO 156997 EFTA01289360 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings ( continued) M ay 1,2017 - May 31.2017 SOUTHERN FlNANCIALLLC Unrealized Estimated Eslimated Date Acmgred Cerny UnR Cog Cog Bags Market Price Market Value Gain Loss Annual Income Yield EQUITIES (continued) Common Stocks (continued) VIACOM INC NEW CL B Security Identifier: VIAB Dividend Oplion: Cash CUSP: 92553P201 06/10115 5,000.000 67.7490 338,745.00 34.7900 173 950 00 -164,795.00 4,000 00 2 29% VOLKSMAGEN A GADR (PONS) Security Identifier: VLKAY Dividend Oplion: Cash CUSP: 928662303 04/13/15 5.000.000 50.8610 254,306.00 31.4200 157,100.00 47.206.00 1.706.59 1.08% WISDOM TREE INVTS INC COM Security Iderdifiet WETF Dividend Option: Cash CUSP: 97717P134 03131115 15,000.000 21.6110 324,157.50 9.5100 142,850.00 -161,507.50 4,800.00 3.36% Total Common Stocks $58,276,721.30 $80,572,946.84 822,298,225.54 $1941,219.37 Preferred Stocks (Listed by expiration date) GMAC CAP TR I GTD TR UFO SECS SER2 Ceti. Security Identifier: ALLY PRA 8.25% FRED DRILY M ATV-02/112040 CALL CUSIP. 36160208 ANYTIM EONS W/30 DAYS BEGINS 02/515 Dividend Option: Cash 02/22/12 ' •° 80,000.000 23.5350 1,882,77390 25.5200 2,041,800.00 158,826.40 142,432 00 897% Total Preferred Stocks $1,882,773.60 $2,011,600.00 $158,826.10 $142,432.00 TOTAL EQUITIES $60,159,494.90 $82,614,546.84 $22,455,051.94 $1 ,783,651 37 Unrealized Efilmated Maimed Date Acquired Ouentity UnR Cog Cost Baas Market Price Market Value Onliglow Maud PROMO Yield EXCHANGE-TRADED PRODUCTS 2.00% of Portfolio WISDOM TREE TH,APAN HEDGED EOUITY FD Security Identifier CXJ Dividend Option: Cash: Capital Gains Option- Cash CUSIP 9772W851 80,000.00 of these shares are in year margin moue' 12/11/13 60,000.000 49.4350 TOTAL EXCHANGE-TRADED PRODUCTS 2,988,098.50 50.9900 52,986,098.50 Cost Bail 3.059.400.00 53,059,400.00 Market Value 93,301.50 $93,301.50 Uniformed Gelman Awned Internal 58,834.20 1.92% $58,834.20 Edinded Annul Income TOTAL PORTFOLIO HOLDINGS 998,464,304 09 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) $121.795.105.41 $23.237.501.32 $232,263.91 $3.069.504.79 Page 9 of 18 CONFIDWFAL Rated (scelkot hay Yea, SoKe 200/ DALIAR RATED COVIMUNICATTONS DICOAINCE Os /ft *tough hiMe LLC.e Shay owned stinicliary of IM ea rk to Now Ycelt Melba Corporation (Wly Pa shine 1.1C FINRA.MtlYftlt 00046389 DB-SDNY-0009213 EFrA_00 I 56998 EFTA01289361 Portfolio Holdings (continued) Noncovered under the cost basis rules as defined below. Securities acquired before 2011or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986. as amended ("IRC") (incorporating amendments enacted by P1.110-343, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered "noncovered." under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered' under the new cost basis reporting rules. Securities which are "covered" under the new cost basis reporting rules are defined as non-retirement, UStaxpayers securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1099-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 12011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1,2012 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1 2014 Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided fo us by you or your introdudng firm and Pershing makes no representation as to the accuracy of thisinformation. 5 Unrealized gains and losses are not reported for securities for which cost basis or market value isnot available. o The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face amount of the security. Factors may change over time and are obtained from sources we believe to be reliable. t2 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. 13 The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total. THEAS OF PRICE DATE ONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EAI) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however. no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.comf business_continuity.htm I for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may Page 10 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated (.talent (rev Year S.ritt 2001 DALBAR RA TED COMMUNICATIONS trauma Owing through Prs/ars l(C,a trIxoly owned att." of &altar& a Now Via Mellon Corporation (OM Melee) a Pa shine 11C. menix. FINRA.AW 00046390 DB-SDNY-0009214 EFTA_00 156999 EFTA01289362 O Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings Disclosures (continued) M ay 1,2017 -May 31,2017 SOUTHERN FINA NCIAL LLC Reinvestment {continued) have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions. Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you A summary of this information is available to you promptly upon your written request directed to your introducing firm In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing may execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge. or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions. regardless of the cause. or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase. hold or sell securities. and do not address suitability for investment purpose Credit ratings should not be relied upon as investment advice CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Page 1' of 18 Rated (scallent Cron Year Lae 200/ DAL/AR RA TED COMMUNICATIONS actunia Owing through Pars/ars LUC, a 'Many owned stinidiary of dwearta New Yak Mellon CorporationCONY Mellon Pttshing Lit...sends FINRA.AW 00046391 DB-SDNY-0009215 EFTA_00157000 EFTA01289363 Schedule of Realized Gains and Losses Current Period Desaiplion Date Disposed Dale Acnelied Designation Disposition &Weed i Transedion Chantey PrecisWe 031 Beds Realized GeIss Loss Long Term WASHINGTON IA UT IA TG 6 004-M2 MW PASSTHRU Cif CI. C- 8-WAR RATE 6.052% 07125133 Security Identifier.939336520 05124117 12/13/13 Noncovered'' REVISIT OF PRIN Original Cost Basis:1465.29 1,290,000.000 1,914.94 1,465.29 449.65 Total Long Term 1,914.94 1,465.29 449.65 Total Short and Long Term 1,914.94 1,465.29 449.65 • Noncovered under Me cost basis rules as defined below. Securities acquired before 2011or in retirement accounts are generally not subject to the new cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amends ("IRC") (incorporating amendments enacted by P.L110-34 3, the Emergency Economic Stabilization Act of 2008) and are, therefore, considered "noncovered," under the new cost basis reporting rules, and marked or denoted as such. All other securities in this section are securities which are "covered" under the new cost basis reporting rules. Securities which are "covered' under the new cost basis reporting rules are defined as non-retirement, UStaxpayers securities which have been acquired on or after their "applicable date(s)" at which they are subject to the cost basis reporting rules and the adjusted basis will be reported to the IRS on form 1399-B for the applicable tax year in which the security is disposed. Reporting requirements generally will be phased in over a three-year period, as follows: • Stock in a corporation acquired on or after January 1, 2011 • Mutual funds and dividend reinvestment plan (DRP) shares acquired on or after January 1,204 • Options and any Debt Instruments that provide a simple fixed payment schedule for which a yield to maturity can be easily determined acquired on or after January 1, 2014. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made alter year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1199•B or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. Page 12 of 18 CONFIDENTIAL — PURSUANT TO FED. R CRINI. P. 6(e) C0NFIDOMPAL ••••• Rated (mtelkot Even, Year SoKe 2OO1 DALBAR RATED COVIMUNICATTONS (XCOJANCE Clearlas through PerstSOLC. vilayavnal Snider" of tinier. a New Yak Main corporation (MY NNW) Pashint mere nnexficl8lieter'A_00046392 DB-SDNY-0009216 EFTA_00 57001 EFTA01289364 a Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period (continued) May1,2017 - May31,2017 SOUTHERN FINANCIAL LW 1 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method. your account will be defaulted to First In. First Out (FIFO) Your account's selected tax 101 method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRS Form 1099-B. M essages Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. Activity Summary (All amounts shown are in base currency) Securities CredasihisPeriod Debits ThisPerio4 Net ThisPeriod CreditsYear4oate DebasYear4o-Date Net Yeauto.Date Securities Sold 0.00 0.00 0.00 390,735.38 0.00 390.735.38 Securities Withdrawn 0.00 0.00 0.00 0.00 44,366,000.00 -14,366,000.00 Total Securities $0.00 $0.00 $0.00 $390.735.38 414.366.000.00 413.975.264.62 Dividends and Interest $594,654.91 $0.00 $594.654.91 $1,365.792.57 489.250.00 $1.276.542.57 Distributions $128,946.93 $0.00 $128,946.93 $623,751.69 $0.00 $623.751.69 Fees $0.00 4200.00 4200.00 $0.00 4350.00 4350.00 Taxes Withheld $0.00 46.076 09 46.076 09 $0.00 46.076 09 46.076 09 Cash Withdrawals 0.00 0.00 0.00 0.00 .1.132,731.96 .1.132,731.96 Total Cash $0.00 $0.00 $0.00 $0.00 41.132.731.96 41.132.731 96 Totals $723,601.84 46,276 09 $717,325.75 $2.380,279.64 415,594,408.05 413,214,128.41 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Page '3 of 18 Rated (Kellent Eno Yea, Sesce 2C0/ DALBAR RATED C0MMUNICATi0NS uctuora Owing through Pershing1M, okay owned stinithry of Ow Barka New Yak Mellon Corporation (MY Mellon ftW Se&ne_00046393 Paging 11C. menix. FINRA. DB-SDNY-0009217 EFTA_00 157002 EFTA01289365 Transactions by Type of Activity Process Settlemenl Dote Aclivity Type Description 0uentily Price Awned Interest Amount Urgency Dividends and Interest 05/01/17 CASH DIVIDEND RECEIVED .PMORGAN CHASE& CO DEP SHS REPSTG PATH PFD SER 1 197.500 00 USD 46625H HAI 7900% 04129149 EVE RD 04/28 PD 04/30/17 DIV PAID AT 39.51 5000000 05/12/17 CASH DIVIDEND RECEIVED 250000 SIRS BANK OF NEW YORK MELLON CORP COM RD 47,500 00 USD BK 05/02 PD 05/2/17 05/15/17 FOREIGN SECURITY DIVIDEND 5000 SHRSALLIANZ SE SPONS AD R FtEPSTG VI) SHS RD 05/08 4,148 46 USD RECEIVED PD 0514117 AZSEY 05115/17 CASH DIVIDEND RECEIVED BANK AMER CORP PERP NON COM ULATIVE DEPSHS FIXED TO 81,250.00 USD 060505018 FLOAT 8.25% 04/30/58 BIE RD 0514 PO 05/ 15/17 DIV PAID AT 40525 2000000 05/15/17 BOND INTEREST RECEIVED 80000 SHRSGM AC CAP TR I GT0 TR PFD SECS SER 2 CPN- 33,740 88 USD ALLY PM 8.125% FRED ORTLY MATY-02/ 4/2040 CALL ANYTIME 4)25 W130 DAYS BEGINS 0215/6 RD 05/2 PO 05/1611 05/18/17 CASH DIVIDEND RECEIVED 351000 SHRSAPPLE INC COM RD 05115PD 051107 197.820 00 USD AAPL 05/22/17 FOREIGN SECURITY DIVIDEND 5000 SHRS VOLKSWAGEN A G ADR (SPONS) RD 05/2 PD 2.193.20 USD RECEIVED 05/22/17 VLKAY 05/24/17 FOREIGN SECURITY DIVIDEND 5000 SIRS BASF SE SPONSADR IONS US0552629357 RD 05/17 16,695 60 USD RECEIVED P0 05/24/17 BASFY 05/24/17 CASH DIVIDEND RECEIVED S000 SHRS WISDOM TRE INVTS INC COM RD 0510 PD 1.200.00 USD WETF 05/24/17 051250 7 BOND INTEREST RECEIVED 290000 WASHINGTON Al UT M TG SEC.SCORP 2004 .17A2 M TG 2.869.94 USD 939336820 PASSTHRU CIF CL C-11VAR RATE 6.052% 07/25133 BIE DID 06/0104 RD 04/28 PD 05/25117 05/31/17 MONEY MARKET FUND DEUTSCHEGOVT CASH 9.736 83 USD INCOME RECEIVED PER23214 5 Total Dividends and Interest - U.S. DOLLARS 0.00 594,654.91 Distributions 05/31/17 PARTNERSHIP DISTRIBUTION 26367 SHRSAPOLLO GLOBAL M GM T LC CL A SHS RD 054 PO 128,94613 USD APO 05/3117 Total Distributions - U.S. DOLLARS 0.00 128,946.93 Page 'A of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID t I AL- bled !.alien! bay Year Sect 2001 nMWtMrte COMMUNICATIONS (Amapa CloatIn through Pershing1M, Sway owned stinicliary of **Bark of New Yak Mellon Corporation (IINY Mellon) M_0O346394 Pershing Lit...sends MRA.WAffillie DB-SDNY-0009218 EFTA_00 157003 EFTA01289366 a Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Transactions by Type of Activity (continued) May 1,2017 -May 31,2017 SOUTHERN FINANCIAL LLC Procne; Settlement Clete Activity Type Deatiption earthly Price Acaued Interest Amount Currency Fees 05/24/17 FEE ON FORSCH DIVIDEND 5000 SHRS BASF SE SPONS ADR 'SIN' USO 5526250 57 RD 05/1 •200.00 USD WITHHELD AT THE SOURCE PD 05124/17 BASFY Total Fees - U.S. DOLLARS 0.00 -200.00 Taxes Withheld 05/15/17 FOREIGN TAX WITHHELD AT 5000 SHRSALLIANZ SE SPONSADR REPSTG SFIS RD 05/08 -1.094.16 USD THE SOURCE PO 05/SIV AZSEY 05/22/17 FOREIGN TAX WITHHELD AT 5000 SHRSVOLKSWAGB4 A G ADR (SPONS) RD 05/2 PD 478.46 USD THE SOURCE 05/224 VLKAY 05/24/17 FOREIGN TAX WITHHELD AT 5000 SHRS BASF SE SPONS ADR ISM* US0552625057 RD 05/17 4,403.47 USD THE SOURCE PD 05/24117 BASFY Total Taxes Withheld - U.S. DOLLARS 0.00 -6,076.09 Total Value of Transactions 0.00 717,325.75 USD The price and quantity displayed may have been rounded. Cash Not Yet Received Smarty Interest GENERAL ELEC CO GTD FKO-TO•FLTGRT 05/31117 06/15/17 NON-CUMULATIVE Total Cash Not Yet Received 549.380.00 Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the information. Record Date Payable Date Quantity Held Rate Dividend Option Amount of Payment 2,469,000.000 0.020000 Cash 49,380.00 Page's of '8 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Wed (utile% (wy Year Sffice 200/ DAMANRATED COMMUNICATIONS DICULDICI ClearIng throush Peal% LLC. a Many owned stinicliory old.* Bark a New York Mellon Corporation (IN't Mellon) M_00046395 Ptrshine 11C. menix. FINRAAW Se& DB-SDNY-0009219 EFTA_00 157004 EFTA01289367 Fixed IncomeAnalysis Bond Quality %o18op4 Bond Maturity Schedule %or Bone Bond Quality Market WM Midst Value Paced el Fixed Income BoneMaturity Markel Value Market Value A 2,444,310.00 13% 6 to 'A years 313,500.00 2% BAA 8,519,000.00 44% Over 10 years 18)91,341.04 98% BA/ Lower 1,653)00.00 40% Total 19,104,841.04 100% Not Rated 487,831.04 3% Total 19,104,841.04 100% 0 20 40 60 80 100 Percentages of bond market values are rounded to the nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. Client Service Information Yew Invedment Speeded. ENJ JOSHUA SHOSHAN 280 PARK AVE- 3RD FL NEW YORK NY 10017 Your Account Information Contact Information Telephone Number: TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Flan First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRONIC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) CONFIDWAL ••••• Rated httlket Even, Year SoKe 200/ DALBAR RATED COMMUNICATIONS (XCULINCE Page 16 of 18 Owing through Penal% LI.C. a wig,/ owned sticliary of tlw tank M New Yak Melba CorporationMy Mieoe1 Paging RC. mender FINROAROYftelt00046396 DB-SDNY-0009220 EFM_00157005 EFTA01289368 O Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Important Information and Disclosures May 1,2017 -May 31,2017 SOUTHERN FINA NCIAL LLC The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and ( ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives asthe result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws. regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents. the acceptance and. in certain instances. execution of securities orders.the assessment of the suitability of those transactions. w here applicable. the rendering of investment advice. if any. to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at (201) 413.3333. All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance. but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection. Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about! strength-and-stability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement. to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LI_C, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited • The ability of the parties to obtain documents. w itness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason( s) for their award. unless. in an eligible case. a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court • The rules of the arbitration forum in which the claim is filed, and any am endm ents t hereto. shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LW shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified: or Page 17 of 18 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDg Rated balleet ben Yew Seem 2001 DAUM PATO) COMMUNICATIONS WRUNG( Cleating through haft1Mo Many owned stinicliary of **Bark a New Yak Mellon Corporation (WY PASO Pershing lit. mentorFiNRA.VAPteLeM_ 00046397 DB-SDNY-0009221 EFTA_00157006 EFTA01289369 Important Information and Disclosures (continued) Important Arbitration Agreement (continued) (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399: Page '8 of '8 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rated (Anneal fray Year Sffice [CO! DALIAR RA TED COMMUNICATIONS amnia Cloatins throush Pars/ars lit. a SIN/ owned sticliary a tlw Bark el New Yak Mellon Corporation (IINY Mellon) Petshift FINRA.Pk DB -SDNY-0009222 kem° 46398 EFTA_00 157007 EFTA01289370 a Deutsche Bank P.O Box 1776, Baltimore, MD 21203 dutut14 Lint 'riser Melh MI./amen Marini (*.watt (404 (inn (he Oar* Se “ e nen POW Yon C.Ice 30 POIL Attnva.}611. now Net. %AO Ton roe Cote A pril 1, 2017 - A pril 30,2017 Account Number: SOUTHERN FINANCIALLLC 6 130 RED HOOK QUARTER B3 ST THOM AS VI 00802 Portfolio Glance at a NuPeried Ter:to-Deft Your Investment Specialist. BEGINNINGACCOUNT VALUE 6117,147,287.63 6117,069,956.28 JOSHUA SHOSHAN Nd Cash Deposits aid Withdrawals 0.00 .1,132,131.96 (212) 454-4433 Nd Securities In/Out of Account 0.00 -14,366.000.00 Adju [truncated]