EFTA Document EFTA01368591

From: .1j Litchford Sent: Friday, October 23, 2015 8:36 AM To: Morgan Byrd Cc: Andrew Gallivan Subject: Re: rev discrepancy [C] That was transposed on my part, apologies. Regardless, that client has $5MM in NNA for the year and 0 outflows. On Oct 23, 2015, at 8:33 AM, Morgan Byrd wrote: Classification: Confidential According to the report I sent you yesterday there is - $344,824.48 in NNA for this account. I'm not sure where the -433 number is coming from. I've attached the report again with the rest of your line items hidden. Thank you, <image003.gif> Morgan Byrd Associate Deutsche Bank Trust Company. National Association Deutsche Asset & Wealth Management 5022 Gate Pkwy #400 Jack twill F 5 Tel. Email Securities offered through Deutsche Bait Securities Irc cimage004.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. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0060399 CONFIDENTIAL SDNY_GM_00206583 EFTA01368591