From: Vahe Stepanian Sent: 2/23/2015 12:48:50 PM To: Paul Morris CC: Daniel Sabba Subject: FW: Margin Call from DEUTSCHE BANK AG (157) to SOUTHERN FINANCIAL, LLC (8032932) for USD 380AKNOAN) 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 (8032932) for USD 380,000.00 [I] Classification: For internal use only Thank you. Original Message From: Roddy Moore Sent: Monday, February 23, 2015 10:36 AM To: Vahe Stepanian; Andrew Xu Cc: Daniel Sabba; Troy-D Williams; Ariane Dwyer 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 we're working on it. I'll follow up later today. Thanks. Roddy Moore Credit Risk Management Deutsche Asset & wealth Management Original Message From: Vahe Stepanian Sent: Monday, February 23, 2015 10:30 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 (8032932) for USD 380,000.00 [I] Classification: For internal use only Roddy - following up on the below, I would like to square this away. Can you please let me know if there is a discrepancy in your systems per my conversation last week with Andrew? If not, can you please specify what triggered the initial margin call? It wasn't clear from the valuation reports, and the client will request details when we reach out to him. Thank you, Vahe Original Message From: Roddy Moore 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 in