EFTA01432757

Subject: Re: Fwd: Butterfly trust [C] From: Stewart Oldfield <n > Date: Fri, 30 Dec 2016 13:25:56 -0500 To: Classification: Confidential I'm not sure. I had cynthia go back today with the explanation we discussed then. Will advise next week if that doesn't resolve it. Thanks Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel: Mobile: Email: Bank Trust Company Americas Bank Wealth Management Avenue, New York, NY 10154 Securities blackberry offered through Deutsche Bank From: Richard Kahn [mailto: Sent: Friday, December 30, 2016 12:37 PM To: Stewart Oldfield Subject: Fwd: Butterfly trust did we resolve this when we spoke a month please advise thanks Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell Securities Inc. ago or are these new questions Begin forwarded message: From: Cynthia Rodriguez <II > EFTA01432757 Subject: Butterfly trust Date: December 19, 2016 at 5:56:23 PM EST To: Richard Kahn ‹ > > Hi Rich, Hope all is well. Our compliance group is reviewing the recent update that was made to the beneficiaries of the Butterfly Trust, and they have a few questions regarding the trust: What is the purpose of this trust, as it is not cleared within the original trust agreement Based on the supporting documents provided, where in the trust agreement does it support the change of beneficiaries? Why are the beneficiaries changing? Please provide guidance on the above questions, and revert back at your leisure. Thank you in advance for your help. Kind regards, Cynthia Rodriguez fcid:[email protected] Cynthia Rodriguez Assistant Vice President Deutsche Bank Trust Company Americas Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA Tel. Fax Email EFTA01432758 This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01432759