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sd-10-EFTA01374390Dept. of JusticeOther

EFTA Document EFTA01374390

From: Vahe Stepanian Sent: 7/13/2017 10:57:04 AM To: Richard Kahn CC: Stewart Oldfield Subject: RE: IC) Classification: Confidential Hi Rich - Southern Financial can trade listed options, including sold puts. on the FX question - currently SFLLC cannot buy OTC options. There is Dodd Frank related paperwork that we would need on file before trading OTC options. Thank you, Vahe Original Message From: Richard Kahn [ Sent: Thursday, To: vahe Stepanian Cc: Stewart Oldfield Subj

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From: Vahe Stepanian Sent: 7/13/2017 10:57:04 AM To: Richard Kahn CC: Stewart Oldfield Subject: RE: IC) Classification: Confidential Hi Rich - Southern Financial can trade listed options, including sold puts. on the FX question - currently SFLLC cannot buy OTC options. There is Dodd Frank related paperwork that we would need on file before trading OTC options. Thank you, Vahe Original Message From: Richard Kahn [ Sent: Thursday, To: vahe Stepanian Cc: Stewart Oldfield Subj

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Text extracted via OCR from the original document. May contain errors from the scanning process.
From: Vahe Stepanian Sent: 7/13/2017 10:57:04 AM To: Richard Kahn CC: Stewart Oldfield Subject: RE: IC) Classification: Confidential Hi Rich - Southern Financial can trade listed options, including sold puts. on the FX question - currently SFLLC cannot buy OTC options. There is Dodd Frank related paperwork that we would need on file before trading OTC options. Thank you, Vahe Original Message From: Richard Kahn [ Sent: Thursday, To: vahe Stepanian Cc: Stewart Oldfield Subject: are we equip to sell puts? Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York. NY 10022 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069051 CONFIDENTIAL SDNY_GM_00215235 EFTA01374390

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Original Message » • From: Richard Kahn [mailto: » Sent: Thursday, Jul 13 201 11: AM » To: Vahe Stepanian » Cc: Stewart Oldfield Darren Indyke Jeanne Brennan » Subject: Re: [C] » AMD » thank you » • Richard Kahn » HBRK Associates Inc. » 575 Lexington Avenue 4th Floor » New York, NY 10022 » tel 212-971-1306 » fax 212-320-0381 » cell >» • On Jul 13, 2017, at 11:07 AM, vahe Stepanian wrote: >» >» Classification: Confidential >» >» What is ticker? >» >» Original Message

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--Original Message--- From: Richard Kahn [mailto Sent: Thursday, July 13, 2017 11:06 AM To: Vahe Stepanian Cc: Stewart Oldfielda>, Darren Indyke Brennan Subject: .1... 11 ;Jeanne we would like to sell 200 contracts of the August 13.00 strike puts at 70c or better in SFL please confirm with darren thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel cel On Jul 13, 2017, at 10:57 AM, Vahe Stepanian • > wrote: Classification: Confidential

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From: Richard Kahn Sent: 7/13/201711:06:05 AM To: Vahe Stepanian CC: Stewart Oldfield Darren Indyke eanne Brennan Subject: Re: (C) we would like to sell 200 contracts of the August 13.00 strike puts at 70c or better in SFL please confirm with darren thank you Richard Kahn HBRK Associates Inc. S7S Lexington Avenue 4th Floor New York. NY 10022 > on Jul 13, 2017, at 10:57 AM, vahe Stepanian < > wrote: > • classification: confidential > Hi Rich - southern Financial can trade l

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