From: Richard Kahn

From: Richard Kahn To: "Jeffrey E." <[email protected]> Subject: Fwd: Euro Confirms [C] Date: Mon, 16 Jun 2014 21:32:05 +0000 Attachments: 806424249-1.pdf; 806424264-1.pdf Inline-Images: Mail_Attachment.gif; Mail_Attachment(1).gif please advise if attached confirms for euro trade below can be signed by darren From: Vahe Stepanian Subject: Re: Fwd: Valuation Statement for SOUTHERN FINANCIAL, LLC as at 6 Jun 2014 - Request 182298 ICI Date: June 9, 2014 at 8:59:28 AM EDT To: Cc: Jeanne Brenna , Tazia Smith Classification: Confidential Good Morning Rich- Hope you had a great weekend. Jeffrey bought a 1.3450 strike EURUSD put, which was funded by selling a 1.3800 strike EURUSD call. The trade was done at zero cost to him. Our view is that EURUSD will trend down over the course of the summer, moving through his put strike. Note the Sept. 8th expiry. Full trade details: TradeType FxEuroOpt BuySell Client Buys Currency]. EUR CP Put Notionall 10,000,000 Currency2 USD Notional2 -13,450,000 Strike 1.345 ZoneCut NY: 10:00 hours (Local time in New York) ExpiryDate Mon 08 September 2014 SettlementOate Wed 10 September 2014 FixingReference SPOT TradeType FxEuroOpt BuySell Client Sells Currencyl EUR CP Call Notionall -10,000,000 Currency2 USD Notional2 13,800,000 Strike 1.38 EFTA01192384 ZoneCut ExpiryDate SettlementDate FixingReference Thank you, Vahe Ti L NY: 10:00 hours (Local time in New York) Mon 08 September 2014 Wed 10 September 2014 SPOT Vahe Stepanian Associate I Wealth Investment Coverage Deutsche Bank Securities Inc. Deutsche Asset & Wealth Management MI trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the Richard Kahn HBRK Associates Inc. Begin forwarded message: From: Vahe Stepaniar Subject: Euro Confirms [C] Date: June 13, 2014 at 8:36:07 AM EDT To: Cc: f--;- --- Amanda Kirby 'a Classification: Confidential Hi Rich- EFTA01192385 Please find attached for signature. These can be signed by Darren or Jeanne as POA. Thank you, Vahe Vahe Stepanian Associate I Wealth Investment Coverage Deutsche Bank Securities Inc. Deutsche Asset 8 Wealth Management All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement. and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. 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. EFTA01192386