EFTA01358324

From: Richard Kahn Sent: 8/25/2015 3:29:28 PM To: Ariane Dwyer 1 I CC: Darren lndyke Daniel Sabba • Vahe Stepanian Paul V Morris ( [ ]; I; Oldfield I Subject: Re: Southern Financial Margin Call mr epstein said he would like to transfer shares of apple please call darren on his cell phone if you need verbal confirmation thank you Richard Kahn HBRK Associates Inc. New York, NY 10022 tel fax cell a On Aug 25, 2015, at 2:52 PM, Ariane Dwyer < > wrote: Rich, Please find attached a margin call issued for Southern Financial for $1,680,000. The call can be primarily attributed to the EURUSD Risk Reversals which had a large change in mark-to- market value from Friday's to Monday's close given the EURUSD decline. For additional details please find attached Southern Financial's Valuation Statements since Friday as well as today's Exposure Statement. Please let us know if you would like us to transfer cash from the main account to the margin account, or alternatively, if you would like us to transfer AAPL shares. Best, Ari <image001.gif> Ariane Dwyer Analyst I Key Client Partners US Deutsche Banic Securities Inc Deutsche Asset 8, Wealth Management 345 Park Avenue. 26 New York NY 10154-0004 Tel Email <image002.gif> CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0045852 CONFIDENTIAL SDNY_GM_00192036 EFTA01358324