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sd-10-EFTA01456823Dept. of JusticeOther

EFTA Document EFTA01456823

What potential discrepancy do you see? Roddy Moore Credit Risk Management Deu alth Management (P) Original Message From: Vahe Stepanian Sent: Friday, February 20, 2015 3:40 PM To: Andrew Xu Cc: Roddy Moore; Daniel Sabba Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380,000.00 (I] Classification: For internal use only Just making sure you saw this. Haven't reached out to the client yet as I'm waiting to hear back from CMV RE: th

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Dept. of Justice
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sd-10-EFTA01456823
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What potential discrepancy do you see? Roddy Moore Credit Risk Management Deu alth Management (P) Original Message From: Vahe Stepanian Sent: Friday, February 20, 2015 3:40 PM To: Andrew Xu Cc: Roddy Moore; Daniel Sabba Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380,000.00 (I] Classification: For internal use only Just making sure you saw this. Haven't reached out to the client yet as I'm waiting to hear back from CMV RE: th

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Text extracted via OCR from the original document. May contain errors from the scanning process.
What potential discrepancy do you see? Roddy Moore Credit Risk Management Deu alth Management (P) Original Message From: Vahe Stepanian Sent: Friday, February 20, 2015 3:40 PM To: Andrew Xu Cc: Roddy Moore; Daniel Sabba Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380,000.00 (I] Classification: For internal use only Just making sure you saw this. Haven't reached out to the client yet as I'm waiting to hear back from CMV RE: the potential discrepancy. Thanks, Vahe Original Message From: Paul Morris Sent: Friday, February 20, 2015 1:52 PM To: Vahe Stepanian; Daniel Sabba Subject: Fw: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380,000.00 CI] Classification: For Internal Use Only Original Message From: CMNY Margin Sent: Friday, February 20, 2015 10:42 AM To: Paul Morris; Amanda Kirby; Kevin Quinn; Tazia Smith; CRM-PwM Derivatives Subject: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380,000.00 Please find attached: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380,000.00 This email has been sent by DEUTSCHE BANK AG (157). Please look at the following attachments 73970402 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0116132 CONFIDENTIAL SDNY_GM_00262316 EFTA01456823

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Phone(8032932
Phone3970402
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From: Vahe Stepanian Sent: 2/19/2015 Mi mi To: Paul Morris Amanda Kirby CC: Daniel Sabba Subject: FW: Margin Call from DEUTSCHE BANK AG IMI to SOUTHERN FINANCIAL LLC for USD 340,000.00 [I] Attachments: ExposureStatementReport_SOUTHERN FINANCIAL, LLC xls; II TH R FINAN IA LLC pdf; .pdf; df Classification: For Internal use only Paul / Amanda - just an FYI that I believe the SFLLC margin call to be no good. We're going to hold off on reaching out to the client until we hear back

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Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC ( ) for USD 38 0,000.00 (I) From: Vahe Stepanian Date: Mon, 23 Feb 2015 14:48:55 -0500 To: Paul Morris <I >, Amanda Kirby Cc: Daniel Sabba Classification: For internal use only Fyi... Original Message From: Roddy Moore Sent: Monday, February 23, 2015 2:44 PM To: Ariane Dwyer; Vahe Stepanian Cc: Daniel Sabba; Troy-D Williams; Andrew Xu Subject: RE: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN F

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From: Amanda Kirby Sent: 2/19/2015 3:41:46 PM To: Vahe Stepanian Paul Morris CC: Daniel Sabba Subject: RE: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 340,000.00 [II Classification: For Internal use only Thanks Vahe. Just let us know From: Vahe Stepanian Sent: Thursday, February 19, 2015 2:41 PM To: Paul Morris; Amanda Kirby Cc: Daniel Sabba Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD

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Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC ( ) for USD 38 0,000.00 (I) From: Vahe Stepanian Date: Mon, 23 Feb 2015 12:48:50 -0500 To: Paul Morris < Cc: Daniel Sabba Classification: For internal use only Fyi... Original Message From: Vahe Stepanian Sent: Monday, February 23, 2015 10:37 AM To: Roddy Moore; Andrew Xu Cc: Daniel Sabba; Troy-D Williams; Ariane Dwyer Subject: RE: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (

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Sent: Friday, February 20, 2015 4:06 PM To: vahe Stepanian; Andrew Xu Cc: Daniel Sabba; Troy-D Williams Subject: RE: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380,000.00 [I] Classification: For internal use only what potential discrepancy do you see? Roddy Moore Credit Risk Management Deutsche Asset & Wealth Management (P) original Message From: vahe Stepanian Sent: Friday, February 20, 2015 3:40 PM To: Andrew Xu Cc: Roddy Moore; Daniel

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From: Vahe Stepanian Sent: 4/6/2015 2:07:04 PM To: Paul Morris Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL LLC (8032932) for USD 680,000.00 [I) Classification: For internal use only Fyi... Original Message From: Roddy Moore Sent: Monday, April 06, 2015 1:18 PM To: vahe Stepanian; Gedeon Pinedo cc: Troy-D Williams; Andrew Xu; Daniel Sabba; Ariane Dwyer Subject: RE: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD

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