EFTA Document EFTA01417317

Subject: RE: Southern Financial - IA Request [I] From: Vahe Stepanian < M> Date: Wed, 29 -0400 To: Andrew Xu Roddy Moore Cc: Daniel Sabba Keith Buckholz Stewart Oldfield Classification: For internal use only The client would still go long multiple CUSIPs - in other words, he would still be diversified because he wouldn't be buying $20mm in just one or two names. Would you be more comfortable if we agreed upon a minimum number of CUSIPs as it relates to the $20mm notional? Best, Va