EFTA01379888

From: Brianna Fowler Sent: 7/20/2016 3:26:24 PM To: Armen Brash CC: Stewart Oldfield ; Anna-Sofiya Lupolover Subject: RE: ACTION REQUIRED: STFR Regulation Mailing (Part 2) (I) Attachments: STFR_Southern Financial_7.20.16.pdf Classification: For Internal use only Hi Armen, Stew sent the STFR email to the below clients and a PDF of the email has been uploaded to DB Force (also attached). Please let me know if you have any questions. Thank you. -Anna From: Stewart Oldfield Sent: Wednesday, July 20, 2016 2:32 PM To: Brianna Fowler Subject: FW: ACTION REQUIRED: STFR Regulation Mailing (Part 2) [I] Classification: For Internal use only Please upload my email to dbForce as Armen outlined below. Thanks From: Armen Brash Sent: Tuesday, July 19, 2016 4:03 PM To: Stewart Oldfield Cc: Anna-Sofrya Lupolover Subject: ACTION REQUIRED: STFR Regulation Mailing (Part 2) [I] Classification: For Internal use only Stew, I apologize if you received a similar request last week—it turns out that the data was (shocker) incomplete. The database (PLN) which holds maintains the data for ISDA clients is owned by another group; that database, unfortunately, had misclassified the clients listed below as Global Markets clients when in fact, they're Wealth Management clients. Therefore, if you are receiving this email, you have a client with an active ISDA contract on file and MUST take the action outlined for the client(s) listed below. Even though these ISDA contracts may be old, they are still considered active because an ISDA contract never expires until the client terminates with DB in writing. CPSEGALNAME ORG_ID Contact Type Contact Owner SOUTHERN FINANCIAL LLC 8032932 Active Client Stewart Oldfield SOUTHERN TRUST COMPANY INC 8032930 Active Client Stewart Oldfield 1) SFTR Regulation - Overview: The EU Securities Financing Transactions Regulation ("SFTR") requires Deutsche Bank to provide to clients with whom Deutsche Bank has certain security collateral arrangements a disclosure statement regarding the general risks and consequences that may be involved in consenting to a right of use of collateral provided under the security collateral arrangement. Among other things, SFTR requires that certain clients with an open ISDA or repo agreement receive the disclosure even if that agreement is not currently being utilized. You are receiving this email because one of more of CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0077781 SDNY_GM_00223965 EFTA01379888