EFTA Document EFTA01384851

Security's offered through Deutsche Bank Securities Inc. <image004.gif> From: Jj Litchford Sent: Thursday, October 22, 2015 12:00 PM To: Andrew Gallivan Cc: Morgan Byrd Subject: rev discrepancy [I] Classification: For Internal use only As discussed, Howard Ellin shows as NNA of -433k but his NNA is exactly +5,000,000 (in a discretionary equity IA portfolio). The account is 451305. Morgan—the oddity here is that -433K is almost the exact amount his account was down market value wise which obviously should never be considered NNA. <image003.gif> JJ Litchford Associate Banker Deutsche Bank Trust Company Americas Deutsche Asset & Wealth Management 345 Park Avenue. 24th Floor New York New York 10154 Tel. Mobile Email <image006.gi f> <Sept YTD GMIS - MorrisOldfield - 1022 I 5.xlsx.secure> CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0085415 CONFIDENTIAL SDNY_GM_00231599 EFTA01384851