EFTA01289441.pdf

Deutsche Bank 0.1616116 Lint Miser II/n1, li.111.411•11
<poet.i t 61111:
0•6111/111111111:6,41•1 111
P.O. Box 17 76, Baltimore, MD 21203 Yen ma
315 nPont AM,TVP.1611114.3,
Now
Ton i.e__________________
Cote
December 1,2018 - December 31 2018
Account Number:
SOUTHERN FINANCIAL LLC
6 10 0 RED HOOK QUAKER B3
ST THOMASVI 00802
Portfolio at a Glance
ThIsPerlo4 Yer4o-DWr
Your Investment Specialist. BEGINNINGACCOUNT VALUE 8102,820,779.67 897,272,547.37
MARTIN ZEMAN Net Cash Deposits and Withdrawals 0.00 4,193,223.91
Adjusted Previous Account Value 102,820,779.87 101,465,771.28
Dividends. Interest and Other Income 124,445.80 3,367,640.57
Total Taxes Withheld 488.03 -7,288.40
Other Transactions 428.11 -1,483.76
Net Change in Portfolio' -8,540,158.22 -10,409,988.58
ENDINGACCOUNTVAla $94,404,553.11 894,404,553.11
Accrued Interest 5478.778 13
Estimated Annual Income 33.328.412 86
'Net Change in Portfolio lathe difference between the ending account value and
beginning account value after activity.
Asset Summary
Prato Asset Type Prior Yeac•Ead Last Period TbisPerlo1
9% Cash. Money Funds, and Bank Deposits 823,820.96 6,566,510.08 8,127,337.23
26% Fixed Income 26,083,479.22 25,363,588.19 24,993,470.70
65% Equities 60,899,388.97 70,890,681.40 61,283,745.18
0% M utual Funds 3,020,938.22 0.00 0.00
0% Exchange-Traded Products 8,444,920.00 0.00 0.00
100% Account Total (Pie Chart) 397,272,547.37 8102,820,779.87 894,404,553.11
Please review your allocation periodically with your Investment Specialist.
Page 1 of 18
Rated Eaceilent Clain,l iner ParalsinI IC eulogy mama
OWN F DM IAL-
Every Yes, Since 20O7 sabildlay a The Zak a New Yak Mellon
DALIAR RATED COMMUNICATIONS Melee)
()tall MCC CPaan aemraa 11.C.ma—ba la.tta.atWaigNm_00046469
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009293
EFTA_00I57078
EFTA01289441

Summary of Gains and Losses
Realized
Ms Period Yemen-Dale Unrealized
Short-Term Gain! Loss 460,690.96 1,096,814.37 4,404,099.37
Long-Term Gain/ Loss 0.00 2,471,580.94 414,069.43
Net Gain! Loss 480,690.96 3,588,395.31 4,218,188.80
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECEP ) and other credit institutions Introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 1099 and/ or 1042 S. These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table G ooa Casa
Currency Posing Amount in
Currency USD EquIveleM per US3 Pinery Balm Base Currency USD
EURO 1.1430 0.8748 HONG KONG DOLLAR 183,242.25 23,405.17
HONG KONG DOLLAR 0.1277 7.8291 JAPANESE YEN 49.00 4.45
JAPANESE YEN 0.0091 109.7000 Total Global Cash Balance $23,404.72
&change rates are based on interbank exchange rates as of 12/ 3V 2018. Exchange rates
can vary.
Money Market Fund Detail
Date /Welty Type Oomph'. Amount Mena
Sweep Money Market Fund
CASH AC TR DWSGOVT & AG INSTL
Current Yield: 2.28% Activity Ending: 32/ 3V 18
12101118 Opening Balance 6,422,115 67 6,422,115.67
12103118 Deposit MONEY FUND PURCHASE 121,052 22 6,543,167.89
12104/18 Deposit MONEY FUND PURCHASE 24,371.00 6,567,538.89
12118/18 Deposit MONEY FUND PURCHASE 49,380.00 6,616,918.89
12/19118 Deposit MONEY FUND PURCHASE 1,357.50 6,618,278.39
12121/18 Deposit MONEY FUND PURCHASE 522.885 93 7,141,182.32
12724/18 Deposit MONEY FUND PURCHASE 913,947.03 8.055.109.35
12/28/18 Deposit MONEY FUND PURCHASE 35,681.25 8,090,790.60
12/31118 Deposit INCOMERBNVEST 13,141.91 8,103,932.51
12/31/18 Closing Balance $8,103,932.51
Total All Money Market Funds $8 103 932 51
Page 2 of 18
Account FlumAIM Rated timeliest Cleary/through Pershing LLC•aapronwel
CO. NFID L trey Year Since 2007 sabsittiary of The Beak col Met Yalt Melba
DALIAR ItA TED COMMUNKATI0NS Ono-sten (ONY Melba)
uauencr 46470
Per,h nx 11.C. mentn• 1i natAAR4VELOSI-000
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009294
EV1:4_00157079
EFTA01289442

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203 I
December 1, 2018 - December 31, 2018
SOUTHERN FlNA NCIAL LLC
Income and Expense Summary
°stint Paled Yea-to-Dane
Taxable Non Tenth Taxable Non Taxable
Dividend Income
Equities 1,867.64 0.00 792,654 57 0.00
Money Market 13,141.91 0.00 72,242 66 0.00
Other Dividends 49,380.00 0.00 954,190 91 0.00
Interest Income
Bond Interest 80,056.25 0.00 873,125.66 0.00
Other Interest 0.00 0.00 157,433.76 0.00
Expenses
W ithholding Taxes -286.03 0.00 -7,286.40 0.00
Fees( Foreign Securities) -224.11 0.00 -1,124.11 0.00
Total Dividends, Interest, Income and Expenses $123,935.66 $0.00 $2,841,237.05 $0.00
Distributions
Alternative Investments 0.00 0.00 0.00 507,893.01
Other Distributions 0.00 0.00 •77.65 31,095.09
Total Distributions $0.00 $0.00 477.65 $538,988.10
Portfolio Holdings
U.S. DOLLARS
Account Activity Opening Closing Awued Income 30-Day Current
Opining Dale Quantity Number Fading Belau* Balance Income Mb Year Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Margin Balance 121,052.22 0.00
Money Market
CASH AC TR 0W5 GOVT & AG INSTI.
12101/18 8.103.932.510 N/A 12131118 6,422115,87 8,103.932 51 0 00 72,242.66 2.19% 226%
Total Money Market $6,422,115.87 $8,103,932.51 $0.00 $72,242.68
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $6,543,167.89 $8,103,932.51 $0.00 $72,242.88
Page 3 of 18
Account Numb
Rated LotIlent Clewing through Pagel% 11C•wholy evened
CONFID Every Year Since 2007 Malaita" of The kelt al New Yak Meta
D LI A C L I I L A L R IN R C AT I IO COMMUNICATIONS C P a e r r p il o in ta g b U on .C (O .n N it Y r b M e e r l l r o is n) o tocAtVlioiceM-00046471
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009295
EFIA_00157080
EFTA01289443

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Wheeled
Dale Acquired Quantity Unit Cosa Cost Bale Market Price Market Value Colorless mere. Annual Income Yield
FIXED IN COM E (In Maturity Date Sequence)
Corporate Bonds
CITIZENSCOM M UNICATIONS CO SR Security Walther: 17453BAW1
NT FULLY EXCHANGED FROM 174538AX9
7.45% 031EIS 13/E DTD 03/23/0714 oody Rating CAA1St P
Rating CCCii
10103117 1.000.000.000 100.0150 1.000.154.73 97.2500 972.500.00 -27.654.73 20.919.17 71,250.00 7.32%
Original Cosl Basis: $1001006.00
EXELA INTER LLC EXELA RN INC GTD Scanty Identifier 30 E2RAA9
FIRST PRIORITY SR SECD NT 144A
1)600% 0716/23K DID 07/17/17C14Moody Rating 83 5 P
Rating B
10/24117 2100,000100 971250 1,940,506.00 95.5000 1,910,000.01 -30,505.99 92222.22 200,000.00 10.47%
Original Cosl Basis: S1940,506 00
07109/18 1,000,000.000 102.6590 1,026,591.39 95.5000 954,999.99 -71,591.40 46,111.11 100,000.00 10.47%
Original Cosl Basis:51028356.00
Total Covered 3,000,000 000 2.967.097.39 2,865,000.00 -102,097.39 138,333.33 300,000 00
Total 3.000.000.000 52.967.097.39 52.865.000 00 4102,097.39 5138.333.33 $300600.00
..BSINVTS GM BH GTD SR NT Security Identifier:0,29866AM
REG S !SINS USA29866AB53
7250% 04(03/24 BJE DTD 04/03(515 6 P Rating BB-
10/31/17 2,000,000.000 99.0650 1.981.300.00 100.8010 161662060 34,720.00 35,041.67 145,000.00 7.19%
Original Oast Basis:5198130000
DEUTSCHE BANK AG NTS ISMS US25625033 Sederity Identifier 25525AM 3
I 296% 05/24/28 EVE DID 05124/0
FORBGN SECURITY 1ST CPN DTE 1/24/13M oody Rating Ba2 S 6 P
Rating BEr•
06/01118 1,000,000.000 91.7780 917.776.00 84.5800 845.800.00 41,976.00 4,415.33 42,960.00 5.07%
Original Cost Basis: $917.776 00
DEUTSCHE BK AG N Y BRH VAR Security Identifier: 256268N8
ISMS US24526BN89 4.875% 210 132 B/E
DM 2/0117 CALLABLE 2/0127
06/01118 1.000.000.000 86.8260 868.256.00 77.7540 777,540.00 -90.716 00 4,062.50 48250.00 6 26%
Original Cosl Basis: 5868256.00
Page 4 of '8
Account Number
Rabid tactile* Clewing through Pealwag U.C. a %l a7 owned
monism-x:2i trey Year Since 2007 Maid's." of TM Bonk Ott. York Mellon
CONFID OMAR PAITO COMMUNICATIONS CaveratIon (OM Wilco)
UCtLIINCI PerOing literitetty IthRA.PknflieM-00046472
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009296
EFTA_00 I 5708 I
EFTA01289444

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
December 1,2018 - December 31.2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
AdjuMed Unrealized Awned Estimated Eslimaled
Date Acquired Quantity Unit Cost Cost Basis Market Price Market Value Cain Lon Interest Annual Income Yield
FIXED IN COM E (continued)
Corporate Bonds (continued)
ASSURANT INC FXC TO RIG SUB NT Security Identifier. 0462UAK4
7.000% 03/27/48 WE DID 031271E
CALLABLE03/2T128A 130 000Moody Raling
03/29/18 2,000,000.000 101.9840 2.039.689.71 95.0000 1.900.000.00 -139.689.71 36.555.56 140,000.00 7.36%
Original Cost Basis: $2040,005.00
YMORGAN CHASE& CO DEP SHSREPSTG Security Identifier. 46625HHA1
'V VTR PFC SER 'FIXED TO FLTG RT BD
5.990% 04/23/58 B/E DID 04123108M cod y Rating BAA3 S & P
Rating BBB-
06115111',JQ 1,100,000.000 107.2550 1,179,799.94 98.6250 1.084.875.02 -94,924.92 11,348.44 65.894.18 6.07%
Original Cost Basis: 51132.500.00
06/15/11 .'3-12 2.500.000.000 1061730 2,669,316.47 98.6250 2.46542418 -203,691.49 25,791.92 149,759.50 6.07%
Original Cost Basis: 52,675,000.00
Total Noncovered 3,600,000.000 3,849,116.41 3,550,500.00 -298,616.41 37,140.36 215,653.68
Total 3,600,000.000 $3.849,116.41 53,550,500.00 4298.616.41 $37.140.36 5215.653.68
SOUTHERN CALIF EDISON CO PREF SER E Securely Identifier 842400FU2
6.250%0117162 BIEDTO 0f17!12
CALLABLE ON t22 Q DO 000M oody Rating BAA1S& P Rat mg
BBB-
01/30/12 .'312 3.000.000.000 99.9060 2,997,192.40 95.2500 2,857,500.00 -139.692.40 78,125.00 187,500.00 6.56%
Original Cost Basis: 52.992.564.97
GENERAL ELEC CO GTD FXD-TO.FLTGRT Securely Identifier 3696048514
NON-CUMULATIVE PERPETUAL PREFERRED
4 000% 2/03/65REGOTD1103P6Moody Rating A3 Sri P
Rating BBB-
12/03/15 2.469.000.000 88.0930 2,175,016.17 63.9000 1,577,691.00 497.325.17 4,389.33 98,760.00 6.25%
Original Cost Basis: 52,25.011
Page 5 of 18
Account tiuna
Rated Earellent Clewing through Penang LLC, a allay owned
troussmx:28 L Every Year Since 2007 satsidiary of The Bank el New York Mellon
CONFIDO. DA MR RATED COMMUNICATIONS Ceeporaban (IINY &SW)
EXCELLENCE Nosaitat I,L C. meting rieee.PkiKepM_00046473
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009297
EFTA_00 157082
EFTA01289445

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Whaled
Cate Acquired Quality Una Cost Cod Bads Market Price Market Value Gain Lon intetest Annual Income Yield
FIXED IN COM E (continued)
Corporate Bonds (continued)
LLOYDS BANKING GROUP PLC FM RATE RESET Swirly Identifier: 539439AG4
ADDL TIER 1SECS ISM VS539439442
7.500% 04/27188 B/E0TD 0410711166 P Rating BB-
04/10114 .'"2 1,903,000.000 102.3910 1,948,500.00 96.4800 1.836.014 40 .112A85 60 1.585.83 147.715.00 7.77%
Original Cost Basis: 51948,500 00
CITIGROUP INC FXD RT SR NT PERP DEP RB;PT Security Identdier: 4196/25
5.950% 08/1/88 WE DM 0814/1
CALLABLE0816/20 (j 130.000M oody Rating BA2 56 P Rating
88•
08/06/15 3,000,000.000 100.0000 3,000,005.99 96.5000 2,895,000.00 -105,005.99 67,433.33 178,500.00 6.t6%
Original Cost Us S3.000,006.00
Tot al Corporate Bonds $23,744,104.80 $22,093,565.40 41,650,539.40 $428,061.41 $1,571,098.68
23,972,000.000
TOTAL FIXED INCOME 523,744,104.80 $22,093,565.40 41,650,539.40 $428,061.41 $1,571,098.68
23,972,000.000
Unrealized Estimated Estknated
Oat. Acquired Noddy Unit Cod Cod Bats Market Pik Market Value Geldloss Annual Income Yield
EQUITIES
Common Stocks
ALIBABA GROUP HOG LTD SPONSORED RDR Security Identifier MBA
IS1Nt USO SUWON CUSP:8609W 92
Dividend Option: Cash
06/10115 5,000.000 88.9500 444,749.00 137.0700 685,350.00 240,601 00
AMAZON COM INC Security Identifier:MADI
Dividend Option: Cash CUSP. 02313566
03129118 500.000 1,423.8620 711,930.80 1,501.9700 750,985.00 39,054 20
04/01/18 500.000 1.367.0210 683,510.38 1,501.9700 750,985.00 67.474.61
Total Covered 1.000.000 1,395,441.18 1,501,970.00 106,528.82
Total 1.000 000 51,395,441.18 $1,501,970.00 $106,528.82 50 00
APOLLO GLOBAL MGM T LLCCL A StiS Security Identifier: APO
Dividend Opl ion: Cash CUSH? 03762306
263.67.00 of these shares are in your margin account
03/29/11'•° 263,157.000 19.0000 4,999,983.00 24.5400 6,451,872.18 1,457,889.78 507.893.01 7 86%
Page 6 of 18
Account Nunn
Rated Eacelitnt Clewing near Feebly IX nib* evened
L Every Year Since 2007 eatable., of The Malmo** Veda Mellon
CONFIDO. DALIAR RATIO COMMUNICATIONS Cerporatton (My Mellon)
VICtll Pe„ tins LIC.,nn'tat FINRAAVVELGM- 00046474
CONFIDENTIAL — PURSUANT TO FED. R CRINI. P. 6(e) DS-SDNY-0009298
EFTA_00157083
EFTA01289446

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
December 1,201S - December 31.2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unhanded Estimated ali m aled
Clete Acquired Quantity Link Cost Cod Bois Merkel Prise Minket Value Gainfloss Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
APPLE INC COM Security Identilid:AAPL
Dividend Oplion: Cash CUSIP. 03783300
12107117 214,000.000 36.340.223.40 157.7400 33,756,360.08 -2,583,863.32 624,880.00 185%
06120118 50,000.000 186.7940 9,339,697.00 157.7400 7,886,999.80 -1,452,697.20 146.000.00 185%
10/15/18 40.000.000 219.0180 8,780,702.00 157.7400 6,309,600.12 -2,451,101.88 116,800.00 185%
Total Covered 304,000 000 54140.622.40 47,952.960.00 -6,487,662.40 887 680 00
Total 304.000 MI 554.440.622.40 $47.952.960.00 -56 487 662 40 5887 680.00
MOGEN IDEC INC COM Seedily Meat Wier: BOB
Dividend Option: Cash CUSP. 09062XV3
02/14/12 " 2,095.000 110.2720 231,019.65 300.9200 630,427.40 399,407.75
CENTENE CORP DEL COM Security Identifier CNC
Dividend Oplion: Cash CUSIP:111581)1
09108114 15,550.000 63.6450 989,679.75 115.3000 1 792 915 00 803.235 25
KARYOPHAR14 THERAPEUTICS INCCOM Security Identifier: KPTI
Dividend Oplion: Cash CUSP. 48576U16
07112118 25.000.000 18.6840 467,106.00 9.3700 234.250 00 -232.856 00
Total Common Stocks $62,968,600.98 $59,255,745.18 -$3,712,855.80 $1,395,573.01
Preferred Stocks (Listed by expiration date)
GMAC CAP TR IMO TR PFD SECS SER2 CPI). Security Identifies: ALLY PRA
8.25% FRED DRYLY MATY42/15/2040 CALL CUSP. 36160208
ANYTIM E.25 W/30 DAYS BEGINS02/1/1
Dividend Option: Cosh
02/22/12 *-11 80,000.000 23.5350 1,882,773.60 25.3500 2.028,00100 145,226.40 183,568.48 806%
Total Preferred Stocks $1,882,773.60 $2,026,000.00 $145,228.40 $163,568.48
TOTAL EQUITIES $64,851,374.58 $61,283,745.18 43,567,629.40 $1,559,141.49
Unmated Awued Wooded
Cod Bads Mired Value OSHA. Interest Arnaud Income
TOTAL U.S. DOLLARS 196199.411 89 $91,481,243.09 45,218,18810 $428,081.41 $3,202,482.83
Page 7 of 18
Account ?Ante;
Rated ticollent Clewing through Pagan IIC a aloe/ evened
EC a L trey Yew Since 2007 sobsidiari of The lank a New Yak Mellon
CONFIDO. DALIAR WED COMMUNICATIONS Carpotatkon MAW
exassetla Per Ihnx 11.C. morto ii SRVVELoftoontsais
CONFIDENTIAL - PURSUANT TO FED. R CRINI, P. 6(e) DS-SDNY-0009299
EFTA_00 I 57084
EFTA01289447

Portfolio Holdings (continued)
EURO
C9441019 Coda Acaued 30-04
Macho Overlay Baas Selena Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 14.80 0.00 EUR
0.00 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 14.80 0.00 SIR 0 00
0.00 USD 0 00
Acaued Estimated Eslimaled
Descsalloa Nuttily Merkel Pilot Make Value Canna Waal Annul Income Yield
FIXED INCOME (In Maturity Date Sequence)
Corporate Bonds
CASINO,GUICHARD-PERRACHON 7.500.000 000 101.4840 2,537,100.00 EUR 44,371.85 110,115.00 424%
SA ISM FR00030%80 2,899,905.30 USD 50)11.02 125,930.03
4.407%08106/V REG 0130810312
Moody Rating BASS PRoting BB
Security Identifier. F1413LCN4
SIR
Total Corporate Bonds: 2,500,000.000 2,537,100.00 44,371.85 110,175.00
2,899,905.30 USD 50,717.02 125,930.03
TOTAL FIXED INCOME 2,500,000.000 2,537,100.00 SIR 44,371.85 110,175.00
2,699,905.30 USD 50,717.02 125,930.03
Acaved Eillaeled
Market Value Canna lateral Maul Income
TOTAL EURO 2,537,100.00 EUR 44,371.85 110,175.00
2,899,905.30 USD 50,717.02 125,930.03
HONGKONG DOLLAR
OPerdla Gala Armed 30-Day
Description Garay Dance Bina Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 183,242.25 183,24225 RIM
23,405.17 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 183,242.25 183,242.25 HIM 0.00
23,405.17 USD 000
Accrued
Markel Vela Currency Infant
TOTAL HONG KONG DOLLAR 183,242.25 HIM 0.00
23,405.17 USD 0.00
Page 8 of 18
Account ?Arnim Rated (0141ent Clewing through Pealing 11C. a wlay evened
(very Year Since 2007 Maid's." of The Mak el Nevi Yak Mellon
CONFIDO. DALBAR RATED COMMUNICATIONS CarporatIon(ONY WNW
(XCIlltria Per iP rix 11.C. m0-00 inatA.StRtliaseit00046476
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DS-SONY-0009300
EFTA_00157085
EFTA01289448

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
December 1,2018 - December 31.2045
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
JA PA N ESE Y EN
Opening Cooing Accrued 30 Day
Desuiptbn Quantity Balance Bales Connor Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 49.00 49.00 JPY
.0.45 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 49.00 49.00 JPY 0.00
4.45 USD 0.00
Accrued
Nike Value Connor inters
TOTAL JAPA NESE YEN 49.00 JPY 0.00
-0.45 USD 0.00
Unrealized Accrued Estimated
Coat Bads NNW Value GaiterLoss Inlets Annual Income
TOTAL PORTFOLIO HOLDINGS - U.S. $98,699.411.89 194.404.553 11 45218.168.80 $478.778.43 13 328.412 86
DOLLARS
• Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Ad of 2008, and are marked as "noncovered". Securities marked as "covered*, were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1399-8 for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security hes been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
tz Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
t3 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Page 9 of 18
at.
Account
Rated Eaceilent Cleating through Fenian LLC fl ied evened
Number L trent Yes, Since 2007 sateldiery a Me in a new Yak Mellen
CONFIDO. DAUIAR RATED COMMUNICATIONS Cerpodatton (My Man)
()tall INCI PenI .m e nxt-latt FiNtAAKaem_00046471
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-0009301
EFTA_00157086
EFTA01289449

Holdings Summary by Currency
Cunenty Cue Fixed Income Equities Told by Currency
U.S. DOLLARS 8,103,932 22,093,56S 81,283,745 91,481,243 USD
EURO 0 2,537,100 0 2,537,100 EUR
HONG KONG DOLLAR 183,242 0 0 183,242 MD
&VARESE YEN -49 0 0 -49 JPY
Total USD Equivalent 8,127.337 24,993,470 61,283,745 94,404,553 USD
% of Allocation 9% 28% 85% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total.
THEAS OF PRICEDATEONLY APPEARS WHEN THEPRICEDATEDOESNOT EQUAL THESTATEM ENT DATE
Estimated Annual Figures
The estimated annual income (EA I) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Sank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Page 10 of 18
Account ?gumbo
Rated hothent Clearing lasotor Iambi% IIC nub* evened
3ectilla L Erect Year Since 2007 istaldlary of The lanic Wier Yak Mellon
CONFID DMIAR MTV) COMMUNICATIONS Carporat$a n My Man)
(XCILIOICI PerI hnx 11.C. mtett• FthvAARWTrikom_000its.sTa
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DE1-SDNY-0009302
EFTA_OO 157O87
EFTA01289450

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
December 1,2018 - December 31, 2076
SOUTHERN FINANCIAL LLC
Portfolio Holdings Disclosures (continued)
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions. regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Schedule of Realized Gains and Losses Current Period
Date Date Realized
Desaiption Disposed Acquired Designation Disposition Method) TIMItildi011 Quantity Proceeds Cod Baas Gaia;L on
Short Term
EURO CURRENCY 12/20/18 12119118 NOncOveted. First In First Out! SELL 796,815.200 913,947.03 910,042.64 3,904.39
Security Identifier. EUR999995
U8I SOFT ENTERTAINM E 12/19/18 03121118 Covered First In First Out! Sal 5,600.000 455,058.33 489,130.40 44,072.07
0000051470 SA MONTREUIL ACT 12119/18 03127118 Covered First In First Out! S9.1 5,600.000 455,058.32 485,068.46 40,010.14
Security Identifier. F9396Nt6
Total 11200.000 910,116.65 974,198.86 .61,082.21
GENERAL ELECTRIC CO 12/19/18 02123118 Covered First In First Out! SELL 2,500.000 18,889.63 40,551 71 -21,662.08
Security Identifier 3696041)3 12/19/18 02126118 Covered First In First Out! SELL 2.500.000 18.889.63 40,551.71 -21,662.08
12119/18 03105/18 Covered First In First Out! Sal 800.000 6,044.68 12.980.63 -6,935.95
12119/18 03107118 Covered First In First Out! Sal 5,000.000 37.779.26 81,097.41 43.318.15
12/19/18 03112/10 Covered First In First Out! SELL 2,500.000 18,889.63 10,551.71 -21.662.08
12/19118 03116118 Covered First In First Out! 11.700.000 88,403.45 189,759.90 -101,356.15
Total 25,000.000 188,896.28 405,493.07 -216,596.79
NINTENDO LTD ADR 12/19/18 02105118 Covered First In First Out! SELL 10,000.000 333,989.65 517,906.00 -183,916.35
Security Identifier 654445303
Total Short Term 2,316,949.61 2,807,640.57 -460,690.96
Page 1' of 18
Account Nombre
Rated [smitten Clewing through PenhirglIC. a Say owned
L (my Yew Since 2007 istaidiary a The IMMONew Yak Mellon
CONFIDO OMAR ItATED COMMUNICATIONS Cap:taboo (OM Wilco)
EXCO.LINCI Pell.' mg 11.C.mer-bn Ithtto..W1h39m—Ouv4647v
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009303
EFTA_00157088
EFTA01289451

Schedule of Realized Gains and Losses Current Period (continued)
(We Dale Realized
Description Disposed Aoadted Designation Disposition Method I Ttanadion Quantity Proceeds Coil Bads Gain;lots
Total Short and Long Term 2,346,949.61 2,807,640.57 460,690.96
• Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-US. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1886, as
amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked asIIcovered', were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis
will not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1399-B or online displays you may have available to
you.
When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may
be reported on the IRSForm 1099-B.
Messages
Please note the following information for Pershing's 2018 IRS Form 1099 (B, DIV. INT, M ISC and DID): Your Form 1099 will be delivered as early as possible, beginning January 31,
2019. By February 15, you will be mailed either your Form 1099 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final
information from issuers and trustees of securities that you hold by the as of date of the February 15 1099 mailing. You will also be sent the notice if your information is still being
reviewed and finalized. The notice will inform you of the securities that are pending final reporting and provides the anticipated mail date of your 1099. Your 1399 will be mailed no
later than M arch 15.2019.
Although a money market mutual fund seeks to preserve the value of your investment at 51p er share, it is possible to lose money by investing in a money market mutual fund. Shares
of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage
account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC
Rule 10 b-10 ( b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Page 12 of 18
Account Number:
Rated [strata? Clearing Omer Pad.S I1C naoly wend
(my Year Since 2007 sotaldlary of The Malt *Ma Yak Melon
CONFIDOP DALIAR RATED COMMUNICATIONS Carporat$a n (My WWI
()tall INCI Penh nx U.C.erter-bn FtWRA.SCV/ELGM_000464430
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009304
EFD1/4_00157089
EFTA01289452

Deutsche Bank
MEM
P.O Box 1776, Baltimore, MD 21203
December 1,2018 - December 31.2018
SOUTHERN FINANCIAL LLC
Activity Summary (All amounts shown are in base currency)
Crags Mrs Period Debits ThisPerlo4 Net ThisPotio4 GenitsTom4o.Date orbasuar4o-Deto Not Yet4o-Date
Securities
Securities Bought 0.00 0.00 0.00 0.00 48,533,305.28 48,533,305.28
Securities Sold 2,346,949 61 0.00 2,346,949 81 45,312,884.71 0.00 45,312,884.71
Total Securities $2.346,949.61 $0.00 $2,346,949.61 $45,312,884.71 448,533,305.28 43,220,420.57
Dividends and Interest $124.445.80 $0.00 $124,445.80 $2,849,647.58 $0.00 $2,849,647.58
Distributions $0.00 $0.00 $0.00 $4,238,988.10 $0.00 $4,238,988.10
Fees $0.00 4228.11 4228.11 $0.00 41.408.11 41,406.11
Taxes Withheld $0.00 4286.03 4286.03 $0.00 47.286 40 47,286.40
Other $0.00 $0.00 $0.00 $0.00 477.65 477.65
Cash
Withdraw* 0.00 0.00 0.00 0.00 -4,077,618.24 4,077,618.24
Deposits 0.00 0.00 0.00 8,270,842.15 0.00 8,270,842.15
Total Cash $0.00 $0.00 $0.00 $8,210,842.15 44,077,618.24 $4,193,223.91
Totals $2,471,395.41 4514.14 $2,470,881.27 $60,672,362.52 452,619,893.68 $8,052,668.84
Transactions by Type of Activity
Process Trade
Sett knot Transaction
Data Data Mirky Typo DosalptIon Cluatily Rka Ateruod MKS Amount QtrIoncy
Securities Bought and Sold
12/21/18 12119/18 SOW UBI SOFT ENTERTARIN ENT ISINt FRO000054470 SA -11,200.000 71.1900 796,880.00 EUR
UBI:FR MONTREUIL ACT ALLOCATED ORDER YOUR BROKER ACTED AS 910,116.65 USD
AGENT ASOF 2/1/2013
12121118 12119118 SOLD GENERAL ELECTRIC CO C011 UNSOLICITED ORDER AVERAGE .25,000.000 7.5961 188,896.28 USD
GE UNIT PRICE TRANSACTION YOUR BROKERACTED ASAGENT
12121118 12119118 SOLO NINTDIOO LTD ADR UNSOLICITED ORDER -10,000.000 33.4400 333,989.65 USD
117001
12/24/18 12120/18 CORRECTED SELL EURO -796,815.200 1.1470 913,947.03 USD
Total Securities Bought and Sold
EURO 0.00 796,880.00 EUR
Page 13 of 18
Account Humber Rated hotlient Claiml iner Paws IIC outlay evened
L (my Year Since 2007 Malaita of Tat Malta New Yak Meta
CONFIDO. L D a A C LB ia A l R M RA a T ED COMMUttiCATIONS C P a e r lh po a r m at 1 le 1 n C (O rn N e Y n P ta a t t i F len a ) itatigni teM-0004 6481
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DES-SDNY-0009305
EFTA_00157090
EFTA01289453

Transactions by Type of Activity (continued)
Roast; Trade;
Settlement Transaction
Date Date Acliyky Type Description Quantity Price Acaued Interest Amount Catena
Total Securities Bought and Sold (continued)
TOTAL USD EQUIVALENT 0.00 910.116 65 USD
U S. DOLLARS 0.00 1,436,832 96 USD
Dividends and Interest
12/03/18 FOREIGN BOND INTEREST 100000 DEUTSCHE BK AG N Y BRH VAR ISINO US255268/189 24.37510 USD
251526BN8 4.875% 12/0132 B/E DID 12/0/17CLB RD 1130 PO 2/011
12117/18 CASH DIVIDEND RECEIVED 2469000 GENERAL RFC CO GTD FXD-TO.RTGRT 49,380.00 USD
3696048114 NOWCUM ULATIVE PERPETUAL PREFERRED 4100%2/03/65
REG DTD 17JOYS CLEI RD 1130 PC 2/1118
12/18118 FOREIGN SECURITY DIVIDEND 1000 MRS NINTENDO LTD ADR RD 09/28 PO 2/13111 1,867 64 USD
RE-COVED
NTDOY
12/27/18 FOREIGN BOND INTEREST 103000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL 35181 25 USD
539439AG4 TIER 1SECS ISINS US539439AG42 7.500% 04/27/88 BIE DTD
04/0701 CL8 RD 2/12PD 2/27/1
12/31/18 MONEY MARKET FUND CASH AC TR OW SGOVT 13,141.91 USD
INCOME RECEIVED
PER232045
Total Dividends and Interest - U.S. DOLLARS 0.00 124.445.80
Fees
12/03/18 FOREIGN CUSTODY FEE Fgn Safekeeping NOV 201C USP. F9396N-1.5 •2.00 USD
USD999997
12/03/18 FOREIGN CUSTODY FEE Fgn Safekeeping NOV 201CUSII). F14 INAN-4 -2.00 USD
USD999997
12/18/18 FEE ON FOREIGN DIVIDEND 1000 SHRS NINTENDO LTO ADR RD 09/28 PO WV% -224.11 USD
WITHHELD AT THE SOURCE
NTDOY
Total Fees - U.S. DOLLARS 0.00 -228.11
Taxes Withheld
12/18118 FOREIGN TAX WITHHELD AT 1000 SHRS NINTENDO LTO ADR RD 09/28 PO 12/1311 -286.03 USD
THE SOURCE
NTDOY
Total Taxes Withheld - U.S. DOLLARS 0.00 -286.03
Told Araual altered Total Amount
Transtalonsaimmary Told Awnd IMered Total Amount Quincy USD EguNalent USDEcurivaltot
EURO 0.00 796.88010 EUR 0.00 91011665
U.S. DOLLARS 0.00 1,560.764 62 USD 0.00 1.560.764 62
The price and quantity displayed may have been rounded.
Page '4 of 3
Account
Rated ticellent Clewing through Ptilillfe LLC. a mite/ owned
ecocN fray Year Since 2007 sotaldiary of The Bank at New Yea Mellon
CONFID OMARRATED COMMUNICATIONS CarporatIon OM Mellon)
EXCLUINCI Pechnx LICertet-txt 1i tato..%411410.0-00046482
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009306
EFTA_00 15709 I
EFTA01289454

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
December 1,2018 - December 31,2018
SOUTHERN FINANCIAL LLC
Cash Not Yet Received
Security Record Date Payable Dale Quality Field Ible Dividend Option Amount of Payment
Dividends
GENERAL ELECTFJC COCON 12120118 01125119 25,000.000 0.010000 Cash 250.00
Interest
BELA INTER LW/ DIEU RN INC GTO 12131/18 01115119 3.000.000.000 0.050000 Cash 150,000.00
FIRST PRIORITY SR
Total Cash Not Yet Received 5159250.00
Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the
information.
Fixed IncomeAnalysis
Bond Quality Bond Maturity Schedule
%of Bond
% ol Road
Bond Maturity Market Vdve Market Value
Bond Quality Market Value MNUt Value Percent of Fixed ncome
A 1,577,691.00 6% .1to 6 months 972,500.00 1%
IE 7 to t2 months 2,809,905.30 12%
BAA 6,408,000.00 26%
IN 1to 5 years 2,865,000.00 11%
BAi Lower 16,230,239.70 65%
06 to 10 years 2,661,820.00 11%
Not Rated 777,540.00 3%
• Over 10 years 15,394,245.40 62%
Total 24,993,470.70 100% 0 20 40 60 80 10
Total 24,993,470.70 100%
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Client Service Information
Your Investment Spedake Contact Information
MARTIN ZEM AN Telephone Number: (212) 250-0432
345 PARK AVENUE
NEW YORK NY 10 154
Page 15 of 18
Account Number_ Rated timeliest Clewing liner Mein LLC nob* evened
CONFID trey Year Since 2007 Mold/arra nit end a New Vat Meta
PAIAAR RAM COMMUNICATIONS Per, (MY Mellon)
uaurvicr
Per Pinx 11.C. mentxt ca)
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009307
EFTA_00157092
EFTA01289455

Your Account I nformati n
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for M utual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION SECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC 0E UV ERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the
acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability.
• This statement will be deemed conclusive. You ere advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can be • t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department,
One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award Is very limited.
• The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the
Page 16 of 18
Account Number:
Rated Eacellent Clearing through Peaky LLC *lady evened
StetmMene trey Yew Since 2007 sabtidiery of Me Melt a New Yen Meta
CONFIDO' L-- OMAR ItaTtO COMMUNICATIONS Cerporatton (MY Mellon)
UMIAK E Pero me attettar FtiteleStRVELGM_000464434
CONFIDENTIAL — PURSUANT TO FED. R CRINI P. 6(e) DB-SDNY-0009308
EFTA_00157093
EFTA01289456

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
December 1,2018 - December 31,2013
BOUTHERN FINANCIAL LLC
Important Information and Disclosures (continued)
Important Arbitration Disclosures (continued)
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases:a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC. Legal Department. One Pershing Plaza. Jersey City. New Jersey 07399;
Page '7 of '',E;
Account Norte
Rated ['milk..? (lane through Pinking LC. a %Nei owned
Stcosnos L hem Year Since 2007 sokslifiara al The Banked New York Mellon
CONFID DALIAR RATED C0MMUNKATI0NS Carporabon(ONY Mace) ,..... _
[10:82.O4a kskkitlt.C.nterrtet F ikItA.Vel€111aWn_00046485
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-00093O9
EFTA_00 I 57094
EFTA01289457

TERMS AND CONDITIONS
TRANSACTIONS • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER, SPECIALIST, ODD LOT DEALER.
• ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY
SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS, CUSTOMS. USAGES. RULINGS AND TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH
INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED.
THE TRANSACTIONS ARE EXECUTED ANDIOR SETTLED. OR IF APPLICABLE. OF THE FINANCIAL • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR
INDUSTRY REGULATORY AUTHORITY ANO TO ALL APPLICABLE LAWS AND REGULATIONS. FINANCIAL INSTITUTION OR PERSHING MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETALS
• TITLE TO SECURITIES SOLO TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL SHALL REMAIN AVAILABLE UPON REQUEST
WITH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT • A FINANCIAL STATEMENT OF PERSHING IS AVAILABLE FOR YOUR PERSONAL INSPECTION AT
DATE. WHICHEVER IS LATER. PERSHING'S OFFICES. A COPY OF [TWILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN
• YOU MAY HAVE RECEIVED CONFIRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR VIEW IT ONLINE AT WWW.PERSHING COM.
STATEMENT. IF SO, THE TRANSACTIONS WILL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVV.PERSHING.COM/DISCLOSURES
TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. • THIS STATEMENT SHOULD BE RETANED FOR YOUR RECORDS.
THIS IS ESPECIALLY TRUE IF YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED.
FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES [REGULATION NMS -
FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S RULE 607(AX1)-(2)]
BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT OF ITS BUSINESS.
PERSHING SENDS CERTAIN EQUITY ORDERS TO EXCHANGES, ELECTRONIC COMMUNICATION
DEBT BALANCES: INTEREST CHARGED ON DEBIT BALANCES IN YOUR ACCOUNT APPEARS ON THE NETWORKS. OR BROKER-DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED
STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHING OR CHARGE
FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST IS ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY
COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON
FINANCIAL INSTITUTION F YOU DESIRE ADDITIONAL COPIES. WRITTEN REQUEST. PERSHING RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW
MARGIN INFORMATION: IF YOU MAINTAIN A MARGIN ACCOUNT. THIS IS A CORENED STATEMENT OF TO CERTAIN OPTION EXCHANGES. IN ADDITION. PERSHING ROUTES CERTAIN EQUITY MID OPTION
YOUR GENERAL ACCOUNT MID A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER ORDERS TO ITS AFFILIATE. BNY MELLON CAPITAL MARKETS. LLC. FOR EXECUTION AS PRINCIPAL
REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT COMPENSATION IS GENERALLY IN THE FORM OF A PER OPTION CONTRACT CASH PAYMENT.
RECORD OF THE SEPARATE ACCTM INT AS REQUIRED BY REGULATION T IS AVALABLE FOR YOUR BEST EXECUTION: NOTWITHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER
INSPECTION UPON REQUEST. FLOW. PERSHING SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE-
TAX INFORMATION COUNTER AND EXCHANGE-LISTED SECUMTES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS.
TRANSMITTED ELECTRONICALLY UP TO A SPECFIED SIZE. AND TO EXECUTE THEM AT OR BETTER THAN
• AFTER YEAR END. PERSHING IS REQUIRED TO PROVIDE TAX INFORMATION TO THE INTERNAL THE NATIONAL BEST BID OR OFFER (NERO). ON CERTAIN LARGER ORDERS, OR F THE DESIGNATED
REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES. AT THAT TIME PERSHING WILL MARKET CENTERS DO NOT MAKE A MARKET W THE SUBJECT SECURITY. PERSHING DIRECTLY
PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU; USE THAT CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TO
STATEMENT TO PREPARE YOUR TAX FLINGS. THE TAX STATEMENT ALSO INCLUDES OTHER USEFUL WHICH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH
INFORMATION TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS. QUALITY OF THEIR EXECUTIONS IN ONE OR MORE MARKET SEGMENTS AND THEIR ABILITY TO PROVIDE
• DIVIDENDS. INTEREST AND OTHER DISTRIBUTIONS SHOWN ON THIS STATEMENT WERE CLASSIFIED OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPERIOR TO THE N880. PERSH:NG ALSO REGULARLY
AS TAXABLE OR NONTAXABLE BASED ON CERTAIN INFORMATION KNOWN AS OF THE DISTRIBUTION REVIEWS REPORTS FOR QUAUTY OF EXECUTION PURPOSES.
DATE. THIS n ASSFICATION IS SUBJECT TO CHANGE AND IS SOLELY INTENDED FOR USE AS
GENERAL INFORMATION.
• PERSHING DOES NOT PROVIDE TAX. INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE
ASSOCIATED WITH PERSHING IS AUTHORIZED TO RENDER SUCH ADVICE. DO NOT RELY UPON ANY
SUCH ADVICE. IF GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEIR TM ADVISORS TO
DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS.
GENERAL INFORMATION
• WHENEVER YOU ARE NDEBTED TO PERSHING LLC (*PERSHING, FOR ANY AMOUNT, ALL SECURITES
HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR
LIABILITIES TO PERSHING. AND PERSHNG MAY IN ITS DISCRETION AT ANY TIME. WITHOUT TENDER.
DEMAND OR NOTICE TO YOU. CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR
PRIVATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS:
ANY BALANCE REMAINING DUE PERSHNG TO BE PROMPTLY PAID BY YOU.
• WHENEVER YOU ARE NDEBTW TO PERSHING FOR ANY AMOUNT, ALL SECURITIES CARRIED FOR
YOUR ACCOUNT ARE OR MAY 8E. WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY
PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WILL PERMIT THE
COMMINGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN, EQUAL TO OR
GREATER THAN YOUR LIABLMES TO PERSH ING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT
PROHIBITED BY LAW.
F ANY OF THE MOVE TERMS MID ODNDITIONSARE URACCEPTAME TO YOU, TEASE NOTIFY PUMPING IMMEDIATELY IN WRITING BY WOWED MAIL TOONE PERSHING PLAZA JERMYCITY, Ni 07399, ATM: LEGAL DEPT
Page of 18
Account Number: Rated hottlent Claim. through Falb% LLC a Moly @mad
L Emmy Year Since 2C07 sabaldiacy al The Bask ether Yak Megan
CON FIDO. DAUIAR RATED COMMUNICATIONS CarpotatIon (MY MOW
EXCELLENCE Per ihnx 11.C. mertan ruarAVViteceM-000 46486
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DB-SDNY-0009310
EFIA_00157095
EFTA01289458

Deutsche Bank Orututiv Sant Prisatr Melt. h•laletmeil
IA mien <Genie elee:
O•vtiche Mm 1.:Avdiri
P.O. Box 1776, Baltimore, MD 21203 Ns. Ycel Ceke
30 P3n Ammo. 360 now
toes Yvl. rit
Tont..
Evert
November 1.2018 - November 30,201B
Account Number:
SOUTHERN FINANCIAL LLC
6 100 RED HOOK QUARTER B3
ST THOM ASVI 00 802
Portfolio at a Glance
Baghdad Yates-Die
Your Investment Specialist BEGIN NI NGACCOUNT VALUE $115,924,557.54 $97,272,547.37
MARTIN ZEMAN Net Cash Deposits and Withdrawals 0.00 4,193,223.91
Adjusted Previous Account Value 115,924,557.54 101,465,771.28
Dividends. Interest and Other Income 424,089.47 3,233,094.77
Total Taxes Withheld 0.00 -7,000.37
Other Transactions 4.00 -1,255.85
Net Change in Portfolio' -13,527,843.34 -1869,830.38
ENDINGACCOUNT VALUE 9102,820,779.87 $102,820,7790
Maud Interest 5402.048 74
Estimated Annual Income 53,193.699 16
Net Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Percent Asset Type Nor Year-Eed Lad Period ThIsPerled
6% Cash. Money Funds, and Bank Deposits 823,820.98 3069,680.52 6,568,510.08
E. 25% Fixed Income 28,083,479.22 26,473,097.33 25,363,588.19
• 69% Equities 60,899,388.97 83,265,684.75 70,890,681.40
0% Mutual Funds 3,020,938.22 3,116,094.91 0.00
0% Exchange-Traded Products 8,444,920.00 0.00 0.00
100% Account Total (Pie Chart) $97,272,547.37 6115.924.557.54 $102,820,779.67
Please review your allocation periodically with your Investment Specialist.
Page 1 of 18
Rated h(tHent Clain Omagh Pegg% IIC outlay evened
Every Year Since 2007 sotaldlary a The Bank a New Yak Meta
ocnN F I D DAtRARMITO COMMUNCATIONS Caeporatfanaltly AMMO)
EXCIattla Peri.I ra titian-ter FRIIIAAV Y2;04_000464437
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DS-SDNY-0009311
EFTA_OO157O96
EFTA01289459

Summary of Gains and Losses
&WS
This Period Year-to-Dote Uartellad
Short-Term Gain! Loss .2,139.48 1,557,505.33 -712,788.99
Long-Term Gain/ Loss 44,194.07 2,471,580.94 3,735,194.55
Net Gain! Loss 46,333.53 4,029,085.27 3,022,405.56
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB' ) and other credit institutions introduced negative interest tales' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 1399 and/ or 104 2 S. These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table G ooa Casn
Currency Closing Amount in
Quincy USD Bmivalent per USD Currency Balance Bass Censor uSD
EURO 1.1321 0.8833 EURO 44.80 -73.36
HONG KONG DOLLAR 0.1277 7.8255 HONG KONG DOLLAR 183,242.25 23,415.98
„RPANESE YEN 0.0088 113.5300 AWARE% YEN 49.00 -0.43
&change rates are based on interbank exchange rates as of 11, 301 2013. &change Total Gabel Cash Balance $23,342.19
rates can vary.
Money Market Fund Detail
Date Activity Type Desalrilan Amount Bring
Sweep Money Market Fund
CASH AC TR DWSGOVT & AG INSTL
Current Yield: 2.2% Activity Ending: 1V 30/ 34
11/01/18 Opening Balance 2,969,154 25 2,989,154.25
11101118 Deposit MONEY FUND PURCHASE 77,225.00 3,046,379.25
11102118 Withdrawal MONEY FUND REDEM PTION 4.00 3,046,375.25
11/1 fut 8 Deposit MONEY FUND PURCHASE 221,920.00 3,288,295.25
11119118 Deposit MONEY FUND PURCHASE 41,393.60 3,309,688.85
11127/18 Deposit MONEY FUND PURCHASE 21,480.00 3,331,188.85
11729118 Deposit MONEY FUND PURCHASE 3,072,723.17 6,403,892.02
11130/18 Deposit MONEY FUND PURCHASE 12,340.94 6,416,232.96
11130/18 Deposit INCOMERBNVEST 5,882.71 6 422 115.67
11130118 Closing Balance 66,422,115.67
Total All Money Market Funds 66,422,115.67
Page 2 of 18
Account Hurnbe
Raid hortlent Clare...through kohl% LC. a vilay evened
2:c:;r:noti L brew Yes, Since 2007 se:oldie,' a The Mak a New Yak Meta
CONFIDO. DALIAR RATIO COMMUNCATCNS Carponban(IINY Mellon)
EXCILLINCI Per Oita LI.C.menter FINIIAAR4VOM_00046488
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DEMSDNY-0009312
EFTA_00157097
EFTA01289460

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
November 1, 2018 - November 30,2018
SOUTHERN FINANCIAL=
Income and Expense Summary
Careat Period Yes-to-Diu
Unable Non Taxable Tattle Non Taxable
Dividend Income
Equities 221,920.00 0.00 790,786.93 0.00
Money Market 5,882.71 0.00 59,100.75 0.00
Other Dividends 12,340.94 0.00 904,810.91 0.00
Interest Income
Bond Interest 21,480.00 0.00 813,069.41 0.00
Other Interest 41,393.60 0.00 157,433.76 0.00
Expenses
W ithholding Taxes 0.00 0.00 .7,000.37 0.00
Fees( Foreign Securities) 0.00 0.00 .900.00 0.00
Total Dividends, Interest, Income end Expenses $303,017.25 $0.00 $2,717,301.39 $0.00
Distributions
Alternative Investments 0.00 121,052.22 0.00 507,893.01
Other Distributions 0.00 0.00 •77.65 31,095.09
Total Distributions $0.00 $121,052.22 477.65 $538,988.10
Portfolio Holdings
U.S. DOLLARS
Account Activity Opening Doing Awned biome 30 Day Current
Opening Die Curdy Number Fading Bayne Name Income Thb Year Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Cash Balance 77,225.00 0.00
Margin Balance 0.00 121,052.22
Money Market
CASH AC TR OWSGOVT 8 AGINSTL
11/01/18 8,422,115170 N/A 11/30/18 2,989,154.25 6,422,115.67 754.89 59,10015 2.11% 212%
Total Money Market $2,969,154.25 $6,422,115.67 $754.89 $59,100.75
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $3,046,379.25 $6,543,167.89 $754.89 $59,100.75
Page 3 of 18
Account HuntliAM
Rabid Gcellent CkYrnR LM0„RI, PrIShifit titaakei OWNS
L (rem Year Since 20O7 WfriKIWIT of The OanktAtiew Yalt Mellon
CONFIDO. DALBAR RATED COMMUNICATIONS corporation ma Mtllon)
()tallINCE Peohnx rmnnn•Oton IIMAARCOVELGM_00046489
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009313
EFTA_00157098
EFTA01289461

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Awued Estimated Elko/tied
Date Acquired Quantity Unit Cost Cost Baas Market Price Market Value Oainlloss Interest Annul Income Yield
FIXED INCOME (In Maturity Date Sequence)
Corporate Bonds
CITIZENS COM M UNICATIONS CO SR Security '<Neither: 4453BAW1
NT FULLY EXCHANGED FROM 174538AX9
7.45%031'619 B/E DID 03/23/07M oody Rating CAA1S8 P
Rating CCC+
10/03/17 1.000.000.000 100.0210 1.000.214.48 99.8750 998.750.00 .1.484.48 14.843.75 71,250.00 7.13%
Original Cost Basis: $1001006.00
EXELA INTER LLC / DELA RN INC GM Security Id entitle!. 30 E2RAA9
FIRST PRIORITY SR SECD NT 144A
13.000% 0716123K OM 07/2/17 CleMoody Rating 83 58 P
Rating B
10/24117 2e00,000.000 97.0250 1,940,506.00 101.0000 2,020,000.01 79,494 01 75,000.00 200,000.00 9.90%
Original Cost Basis: $1948,506.00
07/09/18 1,000,000.000 102.6980 1,026,982.47 101.0000 1.009.999.99 .16,982.48 37,500.00 100,000.00 9.90%
Original Cost Basis:61028156.00
Total Covered 3,000,000 000 2.967.488.47 3,030,000.00 62,511.53 112,500.00 300,000 00
Total 3e00.000.000 62.967.468.47 $3.030.000.00 $62,511.53 $112,500.00 $300.000.00
JISINVTS GM BH GTD SR NT Security Identifier: A29866AB6
REG S !SINS USA29866M353
7250%04103/24 NE DTD 04/01(146 8 P Rating BB•
10/31/17 2,000,000.000 99.0650 1.981.300.00 100.3600 2,007,200.00 25,900.00 22.958.33 145,000.00 722%
Original Cost Basis: $1981.30000
DEUTSCHE BANK AG NTS ISINS US25625AM33 Security Identifier 25526AM 3
I 296% 05124/28 EVE DTD 05124/13
FORBGN SECURITY ST CPN DTE 1/24113M oody Rating Ba2 $ 8 P
Rating BB,
06/01/18 1,000,000.000 91.7780 917.776.00 84.7770 841,170.00 40,006.00 716.00 42,960.00 6.06%
Original Cost Basis: 5917.776 00
DEUTSCHE BK AG N Y BRH VAR Security Identifier: 256268N8
ISINS US25•626BN89 4.875% 410132 B/E
DM 2/0117 CALLABLE 12/0127
06/01/18 1.000.000.000 86.8260 868.256.00 77.4060 774.060.00 -94,196.00 24239.58 48.750 00 629%
Original Cost Basis: $868256.00
Page 4 of '8
Account Numbe
Rated Excellten Clewing tivough Penave LC. a *eat owned
storr reeve Every Year Since 207 subsidiary of The Bank Nee. York Mellon
CONFIDO L MBAR RATIO COMMUNICATIONS Caeporattan (IINY Melba) ,..... _
UMIAK( etnnitualC.neenee Fir.RA.YR111,114." _00046490
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009314
EFTA_00 I 57099
EFTA01289462

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
November 1,2013 - November 30,2015
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Jai ealized Accrued Estimated Eiimaled
OuleAcquited OustIty UM Cosi Cod Otis Market Price Myatt Value Gair Loss Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
ASSURANT INC FM TO RIG SUB NT Security Identifier 04620K4
7.000% 03127/46 WE DM 03/2711
CALLARE03/27128 Q t0000Moody Paling BA1
03/29118 2,000,000800 101.9860 2,039,725.86 96.5000 1,930,000.00 ,109,725.86 24,500.00 140.000.00 7 25%
Original Cost Basis: 52,040,006.00
AAORGAN CHASE& CO DEP SHSREPSTG Security 'daddies: 46625HHA1
PATH PFD SERIFIXED TO RIG RT BD
5108% 04123/58 WEDTD 04123/081doody Rating Baa3S& P
Rating B88-
06/15/11 1,10 0,000.000 107.2590 1,179,849.24 100.3750 1,104125.02 -75,724.22 5,502.30 63,897.68 5.78%
Original Cost Basis: 5112,50000
06/15/11 .."2 2,500,000.000 106.7770 2,669,420.32 100.3750 2,509,374.98 -160,045.34 12,505.23 145,222.00 5.78%
Original Cost Basis: 52,675,000.00
Total Noncovered 3,600.000 000 3,849,269.56 3.613,500 00 .235 769 56 18.007 53 209.11968
Total 3,600,000.000 $3,649,269.56 $3.513.500.00 4235,769.56 $18 007 53 6209 119 68
SOUTHERN CAUF EDISON CO PREF SER E Seoul), Identifier: 842400 FU2
6250% 0117/62 EWE DID 0104
CALLABLE 0710122Q 100000M oody Rating BAA1S& P Ration
BBB-
01/30/12'•a•4 3,000,000.000 99.9040 2,997,123.83 96.7500 2,902,500.00 84,623.83 61,979.17 187,500.00 6.45%
Original Cost Basis: $2,992564.97
GENERAL ELEC CO GTD FXD-TO-FLTGRT Security Identifier: 3696048414
NON-CUMULATIVE PERPETUAL PREFERRED
4.000% 12/03/65 PEG OTD11/03/ 1 oody Rating A3 S& P
Rating BBB.
12/03/15 2,469,000.000 88.0930 2.175.016.17 66.5000 1,641,885.00 433,131.17 45.265.00 98.760.00 601%
Original Cost Basis. $2.175.01.17
Page 5 of 18
Account Number Rated ticellent Cleanng through fleabag 11Cawboly evened
L trey Yew Since 2007 sabsidiary of TM Bank el New YM Mellon
EONFIDO. DALIAR MTV, COMMUNCATI0NS CarpoestIon (MY Mao)
LXCILIANCI Perfhnx 11.C.nwetan inuiteAtikelt00046491
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DS-SDNY-0009315
EFTA_00 157 WO
EFTA01289463

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued alleaded Wrested
Ode Acquired Ousetfty Unil Cost Cod Bads Market Price Market Value Gainless Interest Annul Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
LLOYDS BANKING GROUP PLC FXD RATE RESET Securely Identifier: 539439AG4
ADDL TIER 1SECS ISINB VS5394394612
7.500% 04/21/68 8/E OTD 011071%58 P Rating 84
04110114 .."2 1,903,000.000 102.3910 1,948,500.00 94.7280 1,802,673.84 •145,826.16 24,976.88 142.725.00 7 11%
Original Cost Basis: $1948,500.00
CITIGROUPIK FXD RT SR NT PERP DEP RECPT Security Identifier:1296725
5.950% 08/4/88 WE OTC 0819/5
CALLAKE08115/20 110.000Moody Rating BA2 SS P Rating
889
08/06/15 3,000,000.000 100.0000 3,000,005.99 100.5000 3,015,000.00 14,994.01 52,082.50 178,500.00 592%
Original Cost Basis: $3000,006.00
Total Corporate Bonds $23,744,676.36 $22,563,338.84 51,181,337.52 4102,048.74 $1 464,564 68
23,972,000 000
TOTAL FIXED INCOME $23,744,676.36 $22,563,338.84 41,181,337.52 $402,048.74 81,564,584 68
23,972,000 000
Unrealted Estimated Estimated
Dale Acquired Oinntky Unk Cod Cod Bats Market Price Market Value Cale/Les Annual Income Yield
EQUITIES
Common Stocks
ALIBABA GROUP HOG LTD SPONSORED AOR Seanity Identifier: BABA
IS1Nt US0409W1327 CUSP: 0409W 62
Dividend Option: Cash
06/10115 5,000.000 88.9500 444,749.00 160.8600 804,300.00 359,551.00
AMAZON COM INC Security Identifier: AUDI
Dividend Option: Cash CUSP. 023135116
03/29/18 500.000 1,423.8620 711,930.80 1,690.1700 845,085.00 133,154.20
04/02/18 500.000 1.367.0210 683,510.38 1,690.1700 845,085.00 161.574.62
Total Covered 1.000.000 1,395,441.18 1,690,170.00 294.72812
Total 1.000 000 81,395,441 18 81,690,170.00 $294,728 82 $00D
APOU.0 GLOBAL MGM T LLCCL A SliS Security Identifier APO
Dividend Option: Cash CUSP:03762306
263.67.00 of these shales are in your margin account
03/29/11 '.5 263,157.000 19.0000 4,999,983.00 28.1900 7,418,395.83 2,418,412.83 507,893.01 6.84%
Page 6 of 18
Account tribe
Rated ticellent Clewing through haltingI IC nob./ evened
bey Yew Since 2007 sobsidiary of The Bonk el New Vat Mellon
CONFID OMARI MO COMMUNICATIONS CarporatIon OPNY MOW
uctunta Pero inx 11.C. menbt. 1t uRAAV YeLOPLOOD46492
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DS-SDNY-0009316
EFTA_00157101
EFTA01289464

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
November 1, 2018 - November 30, 2018
SOUTHERN RNA NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Air/aided Estimated Eslimaled
Date Acquired Quantity Unit Cost Cod Baas Market Ftice Market Value Gain toss Annual Income Yield
EQUITIES {continued)
Common Stocks (continued)
APPLE INC COM Security Ideating: AAPL
Dividend Oplion: Cash GAR 037833130
12107117 214,000.000 169.8140 36,340,223.40 178.5800 38,216,120.09 1.875.896.69 624,880.00 163%
06/20/18 50.000.000 186.7940 9.339.697.00 178.5800 8.928.999.77 .410.697.23 146.000.00 1.63%
10/15/18 40100.000 219.0180 8,760,702.00 178.5800 7,143,200.14 -1.617,501.86 116,800.00 1.63%
Total Covered 304,000 000 54.440.622.40 54,288.320 00 -152,302.40 887,680 OD
Total 304.000.000 554.440.622.40 $54.288,320.00 4152.302.40 5887.680.00
BIOGEN @EC INC COM Scanty Identifier. RIB
Dividend Oplion: Cash CUSIR 09052XV3
02/14/12 2,095.000 110.2720 231,019.65 333.7200 699.143.40 468,123.75
CINTENE CORP DEL COM Security Identifier CNC
Dividend Oplion: Cash CUSP '545191
09108/14 15.550.000 63.6450 989.679.75 142.2500 2.211187 50 1,222,307.75
GENERAL ELECTRK CO COM Senility Identifier. GE
Dividend Oplion: Cash CUSIP. 369604133
25.000.00 of these shares are in your margin account
02123/18 2.500.000 16.2210 40,551.71 7.5000 18.750.00 -21,801.71 1,200.00 6.40%
02/26118 2,500.000 16.2210 40,551.71 7.5000 18.750.00 -21,801.71 1,200.00 6.40%
03105/18 800.000 16.2260 12.980.63 7.5000 6.000.00 4,980.63 384.00 6.40%
03/07/18 5,000.000 16.2190 81,097.41 7.5000 37,500.00 -43,597.41 2.400.00 6.40%
03/12/18 2.500.000 16.2210 40.551.71 7.5000 18.750.00 -21.801.71 1.200.00 6.40%
03/16/18 11300.000 16.2190 189.759.90 7.5000 87.750 00 -102,009.90 5116.00 6.40%
Total Covered 25,000.000 405.493.07 187,500.00 -217,993.07 12,000.00
Total 25,000.000 $405,493.07 3187.500.00 4217.993.07 $12,000.00
KARYOPHARI4 THERAPEUTICS INC COM Security Idenlifier. KPTI
Dividend Oplion: Cash CUSIR 48576U136
07/12/18 25,000.000 18.6840 467.106.00 10.4000 260.000.00 407,106.00
Page 7 of 'd
Account Number:
Rated ticellent Clewing through Pecan U.C. • May OWIIS
etc:Innis trey Year Since 2007 istaldiary of The Mak a Mew VGA Mellon
CONFIDO. OMAR PAITO COMMUNICATIONS Cap:taboo (OM Mao)
EXCLUINCI Pen. 'mg ertn—bn it aii..g%qua.GM-00046493
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009317
EFTA_00157102
EFTA01289465

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unualland Estimated Edlmaled
Clete Acquaint, Quantity Unit Cod Cod Buis Naar Price Market Win PIMA* Maul Income Yield
EQUITIES (continued)
Common Stocks (continued)
NINTENDO LTD ADR Security Identifier: NTDOY
Dividend Opl ion: Cash CUSP:654445303
02105118 10,000.000 51.7910 517,906.00 37.8700 378,700.00 -139,206.00 5,027 26 1 32%
Total Common Stocks $63,892,000.05 $67,938,516.73 $4,046,518.66 $1,412,600.27
Preferred Stocks (Listed by expiration date)
GM AC CAP TR I OW TR PFD SF-SKR2M. Security Identifier ALLY PRA
815% FRB) ORTLY M ATY-021612040 CALL CUSIP 36160208
ANYTIME 025 WI30 DAYS BESNSO VS/
Dividend Option: Cash
02,22112 ..11 80,000.000 23.5350 1,882,773.60 25.5000 2,040,000.00 157,226.40 157,433.76 7.71%
Total Preferred Stocks $1,882,713.60 $2,040,000.00 $151,228.40 $157,433.76
TOTAL EQUITIES $65,774,773.65 $89,976,516.73 $4,203,743.98 $1,570,034.03
Untealgen Accrued Estimated
Celt Batts Martel Vdue Gains Lon Interest Annual Income
TOTAL U.S. DOLLARS $96,062,617.90 $99,085,023.46 $3,022,405.56 $402,048.74 $3.193.699.46
EURO
OWEN Going Accrued 30 toy
Description Qoarety Baca 8atanca Curing Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 44.80 44.80 EUR
-73.36 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 44.80 44.80 EUR 0.00
-73.36 USD 0.00
Awned &Sled
Denham Oeenfity dirket Price Market Value Connor Interest Yield
FIXED INCOME (In Maturity Date Sequence)
Corporate Bonds
CASINO, GUICNARO•PERRACIION 2.500,000 000 98.9400 2,413,500.00 EUR 0.00
SA ISNIFRO011301180 2,800,249.35 UM 000
0.000% 08106/1 REG DID 08/0312
Moody Rating Ba1S S Pitting 88
Seaway Identifier: NODS
Total Corporate Bonds: 2,500,000.000 2,473,500.00 EUR 0.00
2,600,249.35 USD 000
Page 8 of 18
Account Number:
Rated t•rtlkan Clewing through Peaking Lit. • a " owned
Even/ Year Since 2O07 sataldiary of Me Usk el New 'fed Melba
CONFIDO. DALBAR RATED COMMUNICATIONS CoixwatIon (IINY Mao)
DIMLING( PerOing 11.C.mertere ONRAVVVELGM_00046494
CONFIDENTIAL - PURSUANT TO FED. R CRIN1 P. 6(e) DS-SDNY-0009318
EFTA_00157103
EFTA01289466

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
November 1, 2018 - November 30,2018
ITI4rPld Fltdd ?drift I II r
Portfolio Holdings (continued)
EURO (continued)
Eslirnaled
Accrued
DnaMom Clianfily Merkel Pelee Markel Value Currency Inlets Yield
FIXED INCOME(continued)
TOTAL FIXED INCOME 2,500,000.000 2,473,500.00 EUR 0.00
2,800,249.35 USD 0.00
Estimated
Deecriplion Penally Merkel Price Market Value Currency Yield
EQUITIES
Common Stocks
UBI SOFT ENTERTAINMENT 11,100.000 71.9400 805118.00 EUR
ISMS FR0000054470 SAM ONTREUIL ACT 911,164.87 USD
Secutity Id Wilier: UBI.FR
CUSP. F9396N136
Total Common Stocks 805,728.00 EUR
912,184.67 USD
TOTAL EQUITIES 805,728.00 EUR
912.164 67 USD
Moved
Market Value Currency lateral
TOTAL EURO 3,279,163.20 EUR 0.00
3,712,340.66 USD 0.00
HONGKONG DOLLAR
094114 amino Awned 30 toy
prrglion Oeanlity Balsa Diana Cunrenq Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 183,242.25 183,24225 HKD
23,415.98 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 183,242.25 183,242.25 HKD 0.00
23,415.98 USD 0.00
Acaued
Market Value Currency liters
TOTAL HONG KONG DOLLAR 183,242.25 HKD 0.00
23,415.98 USD 0.00
Page 9 of 18
st,„itint.
Account Humber Rated Excellent Claims through Penbleg EEC eulogy evened
L Every Yew Since 2007 stessIdlory a The Melt a New Yoh Mellen
CONFIDO. MBAR RAM COMMUtliCAT *HS Ceeponelan Sly Mellon)
LXCILIANC Per meet/ FINRAAR4VELGOL00046495
CONFIDENTIAL — PURSUANT TO FED. R CRlM P. 6(e) DEL-SDNY-0009319
EFTA_00157104
EFTA01289467

Portfolio Holdings (continued)
JA PA N ESE EN
Cpening Dosing Accrued 30-Day
Description Quantity Balance Balance Currency IDCOMO Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 49.00 49.00 JPY
4.43 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 49.00 49.00 JPY 0.00
.0.43 USD 0.00
Awned
Market Value Cilrtenty Muni
TOTAL JAPANESEYEN -49.00 JPY 0.00
-0.43 USD 0.00
Unrealized Accrued EsteeMed
Cot Bade Market Value Gainless littoral Annual Income
TOTAL PORTFOLIO HOLDINGS - U.S. 596,062,617.90 5102,820,779.67 $3,022,405.56 $402,048.74 53,193,699.46
DOLLARS
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-US. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as 'noncovered". Securities marked as "covered', were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1399-8 for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
12 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Holdings Summary by Currency
currency Cash Fixed Income Equities Tots by Wow
U.S. DOLLARS 6,543,167 22,563,336 69,976,516 99,085,023 USD
EURO -64 2,473,500 605,728 3,279,163 EUR
Page 10 of 18
Accrue Number:
Raid Eityllent Clewing *roar Fenian ere nob*/ evened
sccirtncs (very Yet Since 2007 Malaita" a The ea* a New Yak Meta
CONFIDO' DALIAR RATED COMMUNICATIONS CarpoestIon (MY Mellon)
LXCILLINCI Per 0.i nx 11.C. mertat• 0NRAAVVELGM_00046496
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009320
EFTA_00157 105
EFTA01289468

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
November 1, 2018 - November 30, 2016
SOUTHERN FINANCIAL LLC
Holdings Summary by Currency (continued)
Cadency Gleh Fixed Income Equities Told by Corrode
HONG KONG DOLLAR 183,242 9 0 183,242 HKD
JAPANESE YEN 49 0 0 49 JPY
Total USD Equivalent 8,588,510 25,383,588 70.890,881 102.820,779 USD
% of Allocation 6% 25% 69% 100%
Portfolio Holdings I sci sues
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total.
THEAS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATEDOESNOT EQUAL THE STATEM ENT DATE
Estimated Annual Figures
The estimated annual income (EA I) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing ads as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges Incurred In connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
Page 11 of 18
Account Numbreli
Rated Cateilent Clewing *ear Pa I1C akoleevanad
at Et L Every Yet Since 20O7 sobsidlaary a The Malt a Mew *at Meta
CONFIDOs DAUIAR RATED COMMUNICATIONS Caeporat$a n (IlalY Man)
LXCILL INCE PerIhnx 11.C.mtr-tan Nn)
CONFIDENTIAL — PURSUANT TO FED. R CRIld, P. 6(e) DB-SDNY-0009321
EFTA_00157106
EFTA01289469

Portfolio Holdings Disclosures (continued)
Foreign Currency Transactions (continued)
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 116, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the IA argin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Doors. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness. timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities: and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Schedule of Realized Gains and Losses Current Period
Date Dale Rated
Deseripagn Disposed Acquked Designation Disposition Method r Transaction Quatity PfediedS Coat Dads We/ Lots
Short Term
,PYORGAN FLOATING RA 11/28118 11129117 Covered first In First Out! Sal 1,094.002 10,075.76 10,250.80 -175.04
FUND CLASS I 11128/18 1212/117 Covered First In First Out! Sat 1,129.762 10,405.11 10,597.17 •192.06
Scarily Identifier 4812t51) 11128/18 01130118 Covered Firs! in First Out! SELL 1,130.453 10,411.47 10,682.78 -271.31
11128/18 02127118 Covered first In First Out! Sag 1,015.304 9,350.95 9,543.86 -192.91
11128118 03128118 Covered first In First Out! Sal 1,262.339 11,626.14 11,865.99 -239.85
111 28118 04127118 Covered First In First Out! sat 1,096.556 10,099.28 10,307.63 408.35
11/28118 05/30118 Covered first In First Out! Sal 1,131.468 10,420.82 10,590.54 -169.72
11128118 06/28118 Covered First In First Outl Sal 993.268 9,148.00 9.277.12 -129.12
11128118 07130118 Covered first In First Out! sat 958.010 8,823.27 8,976.55 -153.28
11128118 08130118 Covered first In First Out I saL 1,171.538 10,789.06 10,977.31 -187.45
11/28/18 09127118 Covered First In First Out! Sal 1,224.283 11,275.65 11,496.02 420.37
Total 12,206.983 112,426.31 114,565.77 -2,139.46
Total Short Term 112,128.31 111,585.77 -2,139.16
Page 12 of 18
Account Numbe Rated Excellent Cleating liner Pagel% I1C naoly evened
L Even, Yet Since 2007 sessidlary of The Milk a New v.a Mellon
CONFIDO. DALBAR RATED COMMUNICATIONS Carpotaban My Mellon)
EXCELLENCE Pent alx RC. ma•On mitAARIntem_000tsass
CONFIDENTIAL — PURSUANT TO FED. R CR16,1. P. 6(e) DIE1-SDNY-0009322
EFTA_00 57107
EFTA01289470

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
November 1,2018 - November 30, 2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Current Period (continued)
Dale Date Realized
Desaiption Disposed Acquired Designation Cisposition Method 113liadian OUMNIty Proceeds Cott Basis Galry Los
Long Term
INO RGAN FLOATING RA 11128118 09128117 Covered First In First Out / SELL 318,809177 2,938,238.04 3,000,000.00 43,445.13
FUND CLASS I Adjustment: -34.83 Adjuslmeut Type:W
Security Identifier 4821571 11128118 10130117 Covered First In First Out / SELL 1,028.103 9,468.83 9,895.01 -226.18
11128118 10130118 Covered First In First Out l Sal 1,584.146 14,589.99 15,112.75 -522.78
Your lot has been adjusted due to a wash sale for more thee one year
Total 321,422.028 2,960,298 88 3,024,807.78 44,194.07
Total Long Term 2,980,298.86 3,024,807.76 44,194.07
Total Short and Long Term 3,072,723.17 3,139,373.53 -80,333.53
Dell Dots Realized
Description Disposed Acquired Designation Disposition Method) Uansadion Quantity Proceeds Cod Beds GelsiLoss
As of Trades
-PM ORGAN CHASES CO 10130118 08/15111 Noncovered" Versus Purchase/ REDEMPTION 1,397,004000 1,397,000.00 1,498.47087 -101,470.87
PUG TETH PFD SER1F IXED TO Original Cost Basis: 1501775.00
FLTGRT 80 5.808%04123158 8 10/31/18 08/15111 Noncovered" Versus Purchase! REDEMPTION 3,000.000 3,000.00 3,217.90 -217.90
Security Identifier:46625HHAl Original Cost Basis:3225.00
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of VW as
amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as snoncovered". Securities marked as 'covered', were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-8 for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10 9 98, the cost basis
will not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1)99-B or online displays you may have available to
you.
When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Page 13 of 18
Account Number:
Rated Eaceilent Clearing Untie. Pealing114*a* evened
itct 6 Prey Year Since 2007 sabsidlary a lite Beek a Neva 'feet Menem
CONFIDMIAL4 MAAR ItaTtO COMMUNICATIONS CarpotabanatlY Mellon)
!Manta Per ihnx RCmt.-Pt/ FINRAVKaelt 00046499
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DE!-SDNY-0009323
EFrA_00 157108
EFTA01289471

Schedule of Realized Gains and Losses Current Period (continued)
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed. there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds. bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information.
Wash Sales Loss- This adjustment is the amount fora disallowed wash sale lost
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal. and this may
be reported on the IRSForm 1099-B.
M essages
Please note the following information for Pershing's 20 18 IRS Form 1099 (B. DIV, INT. M ISC and OID): Your Form 1099 will be delivered as early as possible, beginning January 31,
20 19. By February 15. you will be mailed either your Form 1099 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final
information from issuers and trustees of securities that you hold by the as of date of the February 15 1099 mailing. You will also be sent the notice if your information is still being
reviewed and finalized. The notice w ill inform you of the securities that are pending final reporting and provides the anticipated mail date of your 1099. Your 1099 will be mailed no
later than M arch 15, 2019
Although a money market mutual fund seeks to preserve the value of your investment at Sipes share, it is possible to lose money by investing in a money market mutual fund. Shares
of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage
account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC
Rule 10 6-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform
Activity Summary r A s s , are , t3S9 (-but, cp,)
Credits TNsPetiod Debks ThisPerlod Net ThisPetiod °edits Yen-to-Date Debt Year4o-Datt Net Yew-to-Date
Securities
Securities Bought 0.00 0.00 0.00 0.00 -48,533,305.28 -48533,305.28
Securities Sold 3.072.723.17 0.00 3.072.723.17 42.965.935.10 0.00 42.965.935.10
Total Securities $3,072,723.17 $0.00 $3,072,723.17 142,965,935.10 448,533,305.28 45,567,370.18
Dividends and Interest $303,017.25 $0.00 $303,017 25 $2,725,201.76 $0.00 $2,725,201.76
Distributions $121.052.22 $0 00 $121.052 22 14.238.988.10 $0.00 14.238.988.10
Fees $0.00 44.00 44.00 $0.00 41,178.00 41,178.00
Taxes Withheld $0.00 $0.00 $0.00 $0.00 47,000.37 47,000.37
Other $0.00 $0.00 $0.00 $0.00 477.65 477.65
Page '4 of '3
Account Number_
Rated ticellent Clanng through Penang1SC. a woe/ owned
Noncoms bey Year Since 2007 setaldiary o17At Bank el New York Mellon
CONFID DALUR WED COMMUNICATIONS Corporal:a any &Woo)
EXCILLU4a PerslitteltC.inerrte Nt.Rn.$t 1I,aGM_00046500
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009324
EFTA_00157109
EFTA01289472

Deutsche Bank
P.O Box 1 7 76, Baltimore, MD 21203
November 1, 2018 - November 30,2018 allIMPIP
SOUTHERN FINANCIAL LLC
Activity Summary (continued)
Credits 7Ns Period Debits This Period Net Ibis Period CurditsYstr-to•Date Dans Year-to-Dete Net Yew-to-Die
Cash
w 'thane/oh 0.00 0.00 0.00 0.00 4,077,818.24 4,077,818.24
Deposits 0.00 0.00 0.00 8,270,842.15 0.00 8,270,842.15
Total Cash $0.00 $0.00 $0.00 58,270,842.15 44,077,818.24 $4,193,223.91
Totals $3,498,79264 44.00 $3,498,788.64 $58,200,987.11 452,619,179.54 55,581,787.57
Transactions by Type of Activity
Prone* Trade
Settlement Transaction
Date Date Adivily Type Description Guards Price Accrued laved Heald Comm
Securities Bought and Sold
11129/18 11/28118 SOLD Al ORGAN FLOATING RATE INCOM E FUND CLASS I -333.829.009 9.2100 3,072,723.17 USD
,PHSX UNSOLICITED ORDER
Total Securities Bought and Sold - U.S. DOLLARS 0.00 3,072,723.17
Dividends and Interest
11115/18 CASH DIVIDEND RECEIVED 304000 SHRSAPPLEINC COM RD tY2 PO 111/1 221,920.00 USD
AAPL
11118118 BOND INTEREST RECEIVE 80000 SHRSGM AC CAP TR I GT0 TR PFD SECSSER2 CPN- 41,393.60 USD
ALLY PM 8125% FREO ORTLY MATY-02/5/2040 CALL ANYTIM E (125
W/30 DAYSBEGINS 02/6113 RD WM P0116/1
11126/18 FOREIGN BOND INTEREST 100000 DEUTSCHE BANKAG NTS ISINK US25625AM 33 21,480.00 USD
251525AM 3 4.296% 05124/28 WE DTD 05/24113UB RD 1/23 P0 1124/I
11/29/18 CASH DIVIDEND RECEIVED MORGAN FLOATING RATE INCOM E FUND CUSS I SIRS RD 12,340.94 USD
..PHSX ri27PD1129/11
11/30/18 MONEY MARKET FUND CASH AC TR DWSGOVT 5,882.71 USD
INCOME RECEIVED
PER232045
Total Dividends and Interest -U.S. DOLLARS 0.00 303,017.25
Distributions
11/30/18 PARTNERSHIP DISTRIBUTION 25367 SHRS APOLLO GLOBAL II GMT LLC CL A MS RD 1120 PD 121,052.22 USO
APO 1/ 30/11
Total Distributions - U.S. DOLLARS 0.00 121,052.22
Page 15 of 18
Account Number
Rated Carrolient Clewing neer Persia;I IC .*Mly evamd
SC0:1C tr4 CI Even Year Since 2007 ribald's." of me lank a New Yak Melee
CONFIDOP DALIAR RATED COMMUMCATIONS amporattoa any melon)
LRCMM a P 11.C.nerber revektiqViaGM-00046501
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009325
EFTA_00157110
EFTA01289473

Transactions by Type of Activity (continued)
Process Dale
Settlement Danced=
Oate Date Adivgy Type Desaiptien Quantity Price Acaued Interest Amount Cumin,
Fees
11101118 FOREIGN CUSTODY FEE Fgn Safekeeping OCT 20S0/SIP. FR BLOM 4.00 USO
USD999997
11/01/18 FOREIGN CUSTODY FEE Fgn Sit/diming OCT 20SCUSIP. F9396613.6 •2.00 USO
USD999997
Total Fees- U.S. DOUARS 0.00 -4.00
Total Value of Transactions 0.00 3,496.788 64 USO
The price and quantity displayed may have been rounded.
Fixed Income Analysis
Bond Quality Bond Maturity Schedule
%of Bond %ol Bond
Band Quality Medd Value Market Value Percent of Fixed Income Bond Maturity Model Wee Metal Value
A 1,641,885.00 6% .1 to 6 months 998,750.00 4%
BAA 6,516,000.00 26% IMI 7 to V months 2,800,249.3S 11%
Mit° 5 years 3.030.000.00 12%
BA/ Lower 16,431,643.19 65%
6 to 10 years 2,854,970.00 11%
Not Rated 774.060.00 3% 11%. 1
IIMOver 10 years 15,679,618.84 62%
Total 25,363,588.19 100% 0 20 40 60 80 100
Total 25,383,588.19 100%
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
0 lent Service Information
Your Investment Spedalnt ZEM Contact Information
MARTIN ZEMAN Telephone Number:
345 PARK AVENUE
NEW YORK NY 10154
Page 16 of 18
Account NurThill
Rated Excellent Clain/glamor Penblag I1C flatly evened
mom L (Very Year Since 2007 sabsidlary et The leek el New Yak Mellen
CONFIDO. D (1 A 0 L 1 R 1 A .L R IN R C A E T ED COMMUNCATIONS C P ee r p a o g ra I t t f C an rn a e lt e ly - b M a e t l F o t n h ) e leStR4YERGM— OOO465O2
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009326
EFTA_00I57I I I
EFTA01289474

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
November 1, 2018 - November 30, 20 18
SOUTHERN FINANCIAL LLC
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for Mutual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Important Inforrnati n and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing ads as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the
acceptance and. in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection. Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Ad.
• Your financial organization's contact information can bet n nh fir page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department.
One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted
Page 17 of 18
Account tiornbet
Rated Unlit.? Claris liner Penblin LLC a *bay evened
. tray Year Since 2007 sobsidlary a The kek a New Yak Mellon
CONFIDOP DALIAR RATED COMMUNICATIONS Carporaban (IINY Mellon)
unhurt('
Pert Finx 11.C. Me
ontAXAVYALGM—000465O3
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-0009327
EFTA_00157112
EFTA01289475

Important Information and Disclosures (continued)
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents. w fitness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reasons) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(Ill) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399;
Page 18 of '8
Account Num
Rated Galls. Clewing liner ;kali% I1C nokily owned
Stun L- bay Year Since1007 satd dlirg of TbeI n a Ole • Vat Mellon
CONFIDO. DALIARIATEDCOMMUNICA11016 Corporation OtIV IMMO
LXCGAINCE PgrihircalCavente FiNlitn.g4q2PM_00046504
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009328
EFTA_00157113
EFTA01289476

Deutsche Bank Otu1utank Prival• Malth
Markets 0355034* 6•554
05,515chr Sam
P.O Box 1776, Baltimore, MD 21203 Mrs York Me
3.45 Pot Aunts. 340 flow
New hr IS
opera!
Rent
October 1.2018 - October 31.2018
Account Number:
SOUTHERN FINANCIAL LLC
610 0 RED HOOK QUARTER B3
ST THOM ASVI 00 802
Portfolio at a Glance
This Puled Year-to-Dale
Your Investment Specialist BEGINNINGACCOUNT VALUE 8115,706,684.21 897,272,547.37
MARTIN ZEMAN NM Cash Deposits and Withdrawals 5,073,049.51 4,193,223.91
Adjusted Previous Account Value 120,119,133.72 101,465,711.28
Dividends. Memo and Other Income 170,662.10 2,809,025.30
Total Taxes Withheld 0.00 -7,000.31
Other Transactions 4.00 4251.65
Net Change in Portfolio' -5,025,834.28 11,658,012.98
ENDINGACOOt 8115,924,557.54 $115,924,5Wil
Accrued Interest 5296.510 68
Estimated Annual Income 53,301.746 38
INef Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Puma Areal Type Far Year-814 Lad Period TlasParlod
2% Cash, Money Funds, and Bank Deposits 823,820.96 5201,512.78 3,069,660.52
a 23% Fixed Income 26,083,479.22 28,396,374.45 28,473,097.33
72% Equities 60,899,388.97 78.987,575.27 83265.684.75
Es 3% Mutual Funds 3,020,938.22 3,121,221.71 3,118,094.94
0% Exchange-Traded Products 8,444,920.00 0.00 0.00
100% Account Total (Pie Chart) $97,272,547.37 $115,706,684.21 $115,924,557.54
Please review your allocation periodically with your Investment Specialist.
Page 1 of 18
Rated Umtata? Oett.na Vacate Pershing I.LC.a *bay evened
bra Year Since 2007 subadtaly of The Dank of Ws Yak Meta
DIttRAR MIRO COMMUNICATIONS Corporation IIINY McRae)
EXCRLUNCI Per5Firt4 11C. mantel IINRASPAELGM_ 00046505
CONFIDENTIAL — PURSUANT TO FED. R CRINI. P. 6(e) DI3-SDNY-0009329
EFTA_OO157114
EFTA01289477

Summary of Gains and Losses
Realized
ThisPeriod Year-to-Dote Unrealized
Short-Term Gain! Loss 0.00 1559,644.79 11,787,374 22
Long-Term Gain! Loss -101.688.77 2.535.775.01 4.579.622 72
Net Gain! Loss -101.688.77 4.095.419.80 16,366.996 94
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB" ) and other credit institutions introduced negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Olirency Closing Amount in
Currency USD Equivalent per U93 Queriq Baste Base Currency U80
EURO 1.1329 0 8826 EURO -64.80 -73 41
HONG KONG DOLLAR 0.1275 78392 HONG KONG DOLLAR 183242 25 23,375.11
JAPANESE YEN 0.0088 112.8400 JAPANESE YEN 49.00 0.43
Exchange rates are based on interbank exchange rates as of V/ 3V 2018. Exchange Total Global Cash Balance $23.301.27
rates can vary.
Money Market Fund Detail
Date Activity Type Desaiption Amount
Sweep Money Market Fund
CASH AC TR DWSGOVT & AG INSTL
Current Yield 2 08% Activity Ending: 10/ 31/ 18
09129118 Opening Balance 5,142,488 31 5.142.488.31
10101118 Deposit MONEY FUND PURCHASE 35,681 25 5,178,169.56
10/02/18 Withdrawal MONEY FUND REDEM PTION 4.00 5,178,165.56
10/03/18 Deposit MONEY FUND PURCHASE 73,049.51 5.251.215.07
10104118 Deposit MONEY FUND PURCHASE 72.500.00 5.323.715.07
19/17/18 Withdrawal M ON EY FUND REDEMPTION 4.760.702.00 1.563.013.07
10126/18 Deposit MONEY FUND PURCHASE 3,000.00 1.566.013.07
10/30118 Deposit MONEY FUND PURCHASE 1,397,000.00 2,963,013.07
10131118 Deposit INCOM EREINVEST 6,141.18 2.969.154.25
10/31/18 Closing Balance $2,969,154.25
Total All Money Market Funds 82,969,154.25
Page 2 of '5
Account Numb
Rated ticellent Clewing through Perrin tit, a vAtoly owned
CON trey Year Since 2007 ssiskliary of The Bank a New Yorlg Mellon
FIDO OMAR MITO COMMUNICATIONS CarporatIon (MY Mellon) ca
EXCLIAINCI Perih nx 11.C.met-tx. HMV.. tWRilha9m—Ouv46 '06
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009330
EFTA_00 157 115
EFTA01289478

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
October 1,2018 - October 31,2018
SOUTHERN FINANCIAL LLC
Income and Expense Summary
Omenl Pried Year-la-Dale
Triable Non Taxable Taal* Noll Taxable
Dividend Income
Equities 3,000.00 0.00 568,866.93 0.00
Money Market 6,141.18 0.00 53,218.04 0.00
Other Dividends 89,020.92 0.00 892,469.97 0.00
Interest Income
Bond Interest 72,500.00 0.00 791,589.41 0.00
Other Interest 0.00 0.00 116,040.16 0.00
Expenses
W ithholding Taxes 0.00 0.00 -7,000.37 0.00
Fees( Foreign Securities) 0.00 0.00 .000.00 0.00
Total Dividends, Interest, Income and Expenses $170,662.10 $0.00 $2,414,284.14 $0.00
Distributions
Alternative Investments 0.00 0.00 0.00 386,840.79
Other Distributions 0.00 0.00 •77.65 31,095.09
Total Distributions $0.00 $0.00 477.65 $417,935.88
Portfolio Holdings
U.S. DOLLARS
Maw' AdNity Opening Cuing Awued lame 30-Day Carat
Opening Dalt Cluaetky Number Fading Balsa edam Income Meyer Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Cash Balance 35,881.25 77225.00
Money Market
CAM AC TR DWSGOVT 6 AGINSTL
0912911$ 2,969,154.250 N/A 10/31/18 5,142,48831 2,969,154.25 0.00 53.218.04 2.03% 2.08%
Total Money Market $5,142,486.31 $2,969,154.25 $0.00 $53,218.04
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $5,178,169.56 $3,046,379.25 $0.00 $53,218.04
Page 3 of 18
S.
Account H2,ocrn.b e•jl [not.? Charing lasoor Pao Sc LLC • %Say .wood
Isf41 ALA Even Yew Sa2t O07 semidry of Ns look of New Yea Meta
CONFID DAL BAR RATED COMMUNKATIONS Carporation My Mellon)
‘.1 EXCIt L MC( Per Pinx 11.C.nw-bn FoxIAOKOLGM-00046507
CONFIDENTIAL — PURSUANT TO FED. R GRIM. P. 6(e)
DEI-SDNY -0009331
EFTA_00157116
EFTA01289479

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Awued Whaled Whaled
Dale Acquired Quantity Unit Cost Cost Basis Market Rice Market Value GainIloss interne Annul Income Yield
FIXED INCOME (In Maturity Date Sequence)
Corporate Bonds
CITIZENS COM MUNICATIONS CO SR Security Identifier: 17453BANN
NT FULLY EXCHANGED FROM Q4538AX9
7.125% 03/ t/S B/E DID 03/23/07M oody Rating CAA1S8 P
Rating CCC+
10/03117 1.000.000.000 100.0270 1.000.273.87 100.2500 1.002.500.00 2.226.13 9.104.17 71,250.00 7.10%
Original Cost Basis: $1001006.00
EXELA INTER LIG/ DELA RN INC GTD %rarity Identifier 30 E2RAA9
FIRST PRIORITY SR SECD NT 144A
9.000% 0716/23B/E0TD 07/2/17 Cl.BMoody Rating 83 S 8 P
Rating B
10/24117 2,000,000.000 971250 1,940,506.00 103.9700 2,079.100 01 138,894 01 58,888.89 200,000.00 9.61%
Original Cost Basis:$1940,506 00
07/09118 1,000,000.000 102.7370 1,027,370.55 103.9700 1.039.699.99 12,329.44 29,414.41 100,000.00 9.61%
Original Cost Basis:51028156.00
Total Covered 3,000,000 000 2.967.876.55 3,119,100.00 151,223.45 88,333.33 300,000.00
Total 3,000,000.000 32.967.876.55 53,119.100 00 3151,223.45 388,333.33 3300.000.00
.B.3 INYTS GM BH GTD SR NT Security Identifier: A29866AB5
REG S ISINS USA29866453
7250%04103/24 BIE DTD 04/03(1.15 6 P Rating BB.
10131/17 2,000,000.000 99.0650 1.981.300.00 100.9500 2,019,000.00 37,700.00 10,875.00 145,000.00 7.18%
Original Cost Basis: $1981.30000
DEUTSCHE BANK AG NTS ISMS US25625A1133 Sp:Sy Identifier- 25'625AM 3
4 296% 05124/28 WE DID 05/24/13
FORBGN SECURITY 1ST CPR DTE1724/13Moody Rating Bat S 8 P
Rating BB+
06/01/18 1,000,000.000 91.7780 917.776.00 90.1120 901,420.00 .16,356.00 18,735.33 12,960.00 1.76%
Original Cost Bass: 399.776 00
DEUTSCHE BK AG N Y BIM VAR Security Identifier: 25%268N8
INNS U625126B189 4.875% 121013281E
DTD 2/0117 CALLABLE 2/0127
06/01/18 1.000.000.000 86.8260 868.25100 85.0090 850.090.00 -18.166.00 20.312.50 48250.00 5 73%
Original Cost Bass: 5868,256.00
Page 4 of '8
Account Number:
Rated ticedent Clewing Hooter Penanng LC. a Mho,/ owned
L-- Every Year Since 2007 Molding of The Bank *I New York Mellon
CON FIDO. OMARI tnitll COMMUNICATIONS CeepotatIon Mellon)
EXCILLINCI Pen.i ng .C(lilylon IthRA.W4nrillteM-00046508
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009332
EFTA_00157 117
EFTA01289480

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
October 1, 2018 - October 31, 2018
SOUTHERN FIN A NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Jimealized Aimed Esi rale7 Estir sled
Date Acquired Carnality Unit Cost Cod Basis Market Price Market Value Geir Lon Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
ASSURANT INC FXC TO RIG SUB NT Security Identifier. 04621XAK4
7.000% 03/27/48 WE DID 037271E
CAL ABLE03/27128Q MD 000M oody Rating BA1
03/29/18 2,000,000.000 101.9880 2.039.762.02 100.0000 2.000.000.00 49.762.02 13.222.22 140,000.00 7.00%
Original Cost Basis: S2040,005.00
YMORGAN CHASE 8 CO DEP SHSREPSTG Security Identifier. 46625HHA1
v TH PFC SER 'FIXED TO FLTG RT BD
5.808% 04/23158 DIE DTD 04123/08M cod y Rating BAA3 S & P
Rating BBB-
06/15/11 .,337 1,100,000.000 107.2630 1,179,898.32 100.5360 1,105.896 02 -74,002.30 177.49 63.897.68 5.77%
Original Cost Basis: 5112.500.00
06/15/11..312 2.500.000.000 1061810 2,669,523.70 100.5360 2,513,39918 -156.123.72 403.40 145,222.00 5.77%
Original Cost Basis: 62,675,000.00
Total Noncovered 3,600,000 000 3,849,422.02 3,619,296.00 -230,126.02 580.89 209,119.68
Total 3,600,000.000 $3,849,422.02 93,619,296.00 4230.126.02 $580.89 3209.119.68
SOUTHERN CALIF EDISON CO PREF SER E Securely ldent Wier: 842400 FU2
6.250% 011/62 B/E DID 0111112
CALLABLE 0210122 Q DO 000Moody Rating BAA1S& P Retry
BBB-
01730112.'"2 3.000.000.000 99.9020 2,997,055.62 103.0000 3,090,000.00 92,944.38 46,875.00 187,500.00 6.06%
Original Cost Basis: $2.992.564.97
GENERAL ELEC CO GTD FXD-TO-FITGRT Security Identifier 369604BIA4
NON-CUMULATIVE PERPETUAL PREFERRED
4.000% 12/03/65 REG OTO 4/03P6Moody Rating A3 S& P
Rating BBB-
12/03/15 2.469.000.000 88.0930 2,175,016.17 84.3750 2,083,218.75 -91,797.42 37,309.33 98.760 00 4 74%
Original Cost Basis: $2,15.01.2
Page 5 of '8
Account Nun Rated Gallen' Clad% Winer Foible; lit. a **at owned
bay Yew Since 2007 satosIdlity of The lank a New York Mellon
CONFID DALIAR PAMC OMMUNICATIONS Corp./melon OM Melon)
UMIAK( Porlitint UK. inenew FihRA. fl•l&h3.440—0 0046509
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009333
EFTA_00 I57 I
EFTA01289481

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adittsted Unrealized Matted ellmated Bdkaaled
Oats Mond Ountay Una Cost Codes* Menet Price Market Value Gain Loss Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
LLOYDS BANKING GROUP PLC MID RATE RESET Security Identifier: 539439AG4
ADDL TIER 1SECS ISMS US539439AGI2
7.500% 04/27/86 B/E OTD 04107/MS& P Rating BR-
04/10/14 '•aV 1,903,000.000 102.3910 1,948,500.00 100.8750 1119 651 25 -28.848.75 13.479 58 142.72510 7 43%
Original Cost Basis: 51948,50000
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier: 1296725
5.950% 0816188 8/E DTD 087416
CALLABLEOIUS/20 Q 130.000M oody 'Wien BA2S8 P Rating
889
08/06/15 3,000,000.000 100.0000 3,000,005.99 101.6250 3,048,750 00 48,744.01 37,683.33 178,500.00 5.85%
Original Cost Basis: $3000 ,006.00
Total Corporate Bonds $23,745,244.24 $23,653,026.00 492,218.24 $296,510.68 $1,564,564.68
23,972,000.000
TOTAL FIXED INCOME $23,745,244.24 $23,653,026.00 492,218.24 $296,510.68 51,564,564 68
23,972,000.000
Unglazed Estimated Estimated
Delo Acquked Ouentay Unit Cost Cod Buis Mend Price Market Value OWL= Annual Income Yield
EQUITIES
Common Stocks
ALIBABA GROUP HLDG LTD SPONSORED ADR Seanity Identifier MBA
ISINt US05090/1327 CUSP: OtO9W 132
Dividend Option: Cash
06/10/15 5,000.000 88.9500 444,749.00 142.2800 711 400 00 266,651.00
AMAZON COM INC Security Identifier: AUDI
Dividend Option: Cash CUSP. 023135116
03129118 500.000 1,423.8620 711,930.80 1,598.0100 799 005.00 87,074.20
04/02/18 500.000 1,367.0210 683,510 38 1,598.0100 799.005 00 115,494.62
Total Covered 1.000.000 1,395,441 18 1.598.010 00 202,568.82
Total 1.000 000 $1,395,441 18 51,598.010 00 $202,568.82 $0 00
APOU.0 GLOBAL MGM T LLCCL A SHS Security Identifier: APO
Dividend Option: Cash CUSIP. 03762306
26367.00 of these shares are r your margin account
03/29/11 '•° 263,157.000 19.0000 4,999,983.00 29.4200 7.742.078.94 2,742,095.94 489.47212 6.32%
Page 6 of 18
Account Number:
Rated Einilent Cleating through Penhvg LC. a vAtoly owned
St Ifa3M320 L (ten Year Since 2007 sotaidiary of The Bank e New Von Mellon
CONFIDO. DALIAR RATIO COMMUNICATIONS CarporatIon(IINY Melba)
LXCILLINCI Per •h nx 11.C. nwribt• f thRA.WiNfielt 00046510
CONFIDENTIAL - PURSUANT TO FED. R CRI6A P. 6(e) DI3-SDNY-0009334
EFrA_00157119
EFTA01289482

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
October 1,2018 - October 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Eslimaled Eslirraled
Date Acquired Quantity Unit Cost Cost Bais Model Price Market Value Garlic's Annual Income Yield
EQUITIES {continued)
Common Stocks (continued)
APPLE INC COM Security 'dandier: AAPL
Dividend Oplion: Cash CUSP:037833130
12/07117 214,000.000 169.8140 36,340,223.40 218.8600 46,836,040.11 10,495,816.71 624,880.00 1.33%
06/20/18 50.000.000 186.7940 9.339.697.00 218.8600 10.942.999.12 1.603.302.72 146.000.00 1.33%
10/15/18 40,000.000 219.0180 8,760,702.00 218.8600 8.754400.17 4,301.83 116,800.00 1.33%
Total Covered 304,000 000 54.440.622.40 66,533.440 00 12,092,817.60 887,680.0D
Total 304,000.000 554.444622.40 $66.533,440.00 $12,092.817.60 5887.680.00
BIOGEN MEC INC COM Security Identifier. MIES
Dividend Oplion: Cash CUSP 09052X133
02/14/12 2,095.000 110.2720 231,019.65 304.2700 637.445.65 406,426.00
CD4TENE CORP DEL COM Security Identifier: CNC
Dividend Oplion: Cash CUSP: tI5B91
09108114 15.550.000 63.6450 989.679.75 130.3200 2.026.476.00 1.036.796.25
GENERAL B.ECEIRC CO COM Senility Identifier. GE
Dividend Oplion: Cash CUSIP. 3696041)3
25.000.00 of these shams are le your margin account
02123118 2.500.000 16.2210 40,551.71 10.1000 25 250.00 -15,301.71 1,200.00 4.75%
02/26/18 2,500.000 16.2210 40,551.71 10.1000 25,250.00 -15,301.71 1,200.00 4.75%
03105118 800.000 16.2260 12.980.63 10.1000 8.080.00 -4.900.63 384.00 4.75%
03/07/18 5.000.000 16.2190 81,097.41 10.1000 50.500.00 -30,597.41 2.400.00 4.75%
03/12/18 2.500.000 16.2210 40.551.71 10.1000 25.250.00 -15.301.71 1.200.00 4.75%
03/16/18 11.700.000 16.2190 189.759.90 10.1000 118.17000 -71.589.90 4616.00 4.75%
Total Covered 25,000.000 405.493.07 252,500.00 -152,993.07 12,000.00
Total 25.000.000 S405.493.07 $252.500.00 4152.993.07 $12,000.00
KARYOPHARM THERAPEUTICS INC COM Seaway Idenlifier. KPTI
Dividend Oplion: Cash CUSP. 46576U16
07/12/18 25,000.000 18.6840 467,106.00 10.5400 263,500.00 403,606.00
Page 7 of '3
Account Hornbill=
Rated Galt, Clearing through Penang1SC a **at owned
US% . L Levy Yew Since 2007 setaldlary of The Bonk a Sr. York Mellon
CONFIDO. DAtIARIIATEDCOMMUNICATIONS Corporation (IINY Wilco)
LXCILLINCE Persliett t LC. antater Nr.aAf7PL.:1K13.6M-00046511
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009335
EFTA_00157 120
EFTA01289483

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrested Edkeeted EstkeMed
Pie Acquired Quantity (M Coq Celt Boris Market Prim Mehl Veins Gilt/Lea Anent Income Yield
EQUITIES (continued)
Common Stooks (continued)
NINTENDO LTD ADR Security Identifier: NTDOY
Dividend Opl ion. Cash CUSP:654445303
02105118 10,000.000 51.7910 517,906.00 39.1300 391,300.00 -126606.00 5.027.26 128%
Total Common Stooks $63,892,000.05 $80,158,150.59 $16,264,150.54 $1,394,179.28
Preferred Stocks (Listed by expiration date)
GMAC CAP TR 16T0 TR PFD SECS KR2 Security Identifier ALLY PRA
815% FRB) DRILY MATT-02/15/2040 CALL CUSIP 36160208
ANYTIM E025 WI30 DAYS BEONS02/6/ /3
Dividend Option: Cash
02122112 "1 80,000.000 23.5350 1,882,713.60 262800 2,100,800.00 218,026.40 157,43316 7.49%
Total Preferred Stocks $1,882,773.60 $2,100,800.00 $218,028.40 $157,433.78
TOTAL EQUITIES $65,774,773.65 $82,256,950.59 $16,482,176.94 $1,551,613.04
Unleaded Erlireeled Whaled
Dote Acquired Ninth, P.M Cost Cost Beres Market Price Market Value Oeinfloss MaudIncome Yield
M UTUAL FUNDS
JP1AORGAN FLOATING RATE INCOME FUND Security ;deinAar: JF11SX
CLASS I CUSP 4812t51)
Open End Fund
Dividend Opl ion: Reinvest; Capital Gaits Option: Reinvest
09/28/17 318,809.777 9.4100 3,000,000.00 9.3400 2.977.883.30 42,318/0 128,471.133 424%
Reinvestments to Date 14,819.232 9.3840 139,056.70 9.3400 138,411.64 145.06 5,878.79 424%
Total Covered 333,629.009 3,139,056.70 3,116,094.94 .22,961.76 132,350.62
Total 333.629.009 53.139.056.70 93.116.094 94 122 961 76 $132 350.62
TOTAL MUTUAL FUNDS $3.139.056.70 $3.116.094 94 122.961 76 $132.350 62
Uneatra Mailed Ediriatetl
Cost tress Martel Value Gain Lose lateral Annul Income
TOTAL U.S. DOLLARS $95,705,453.84 $112,072,450.78 616,366,996.94 $296,510.68 $3,301,746.38
EURO
0 Closing Atoned 30-Da
Dualpam Donnas Bina Balance Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 14.80 .64 80 SUS
.73 41 USD
Page 8 of 18
Account NUI7111= Rated Eaceilent Clearing *roar Penh% IIC eulogy evened
?Me L trey Yes, Since 2007 sobtidiaceof The Bask SW. Yoh Mallon
C ONFIDO. DALIAR RATIO COMMUNKATIONS Carpotatlea (eta Mao)
EXCILLINCE Per Finx 11.C. mentn. Fthite.filAVVELGM-00046512
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DS-SONY-0009336
EFTA_00157121
EFTA01289484

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
October 1,2018 - October 31, 2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
EURO (continued)
Opening Closing Awned 30.0ey
Dewylion Ovandly Ban Ban Clones Imes Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS (continued)
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 44.80 44.80 EUR 0.00
.73.41 USD 0.00
Moved Babied
Onaiplion Quantity Mediae Price Minket Value Currency literal Yield
FIXED INCOME (In Maturity Date Sequence)
Corporate Bonds
CASINO, GUICHARD•PERRACJION 2,500,000.000 99.5700 2,489,250.00 EUR 0.00
SA ISMS FR001501180 2,820,011.33 USD 0.00
0.000% 0810619 REG DTD 08/0314
Moody Rating Ba16 8 P Rating 88
Security Identifier: F14 t3LCN4
Total Corporate Bonds: 2,500,000.000 2,489,250.00 EUR 0.00
2,820,071.33 USD 0.00
TOTAL FIXED INCOME 2,500,000.000 2,480,250.00 EUR 0.00
2,620,071.33 USD 0.00
Estimated
OesaMtion Quantity Markel Pike Maket Value Ceram `Odd
EQUITIES
Common Stocks
UBI SOFT ENTERTAINMENT 11,200.000 79.5000 890,400.00 EUR
ISHII FR0000054470 SA MONTREUIL ACT 1,008,734.16 USD
Seaway ItlealifiecUBI:FR
CUSP. F9396N136
Total Common Stocks 690,400.00 EUR
1,008,734.16 USD
TOTAL EQUITIES 890,400.00 EUR
1,006,734 16 USD
Accrued
Market Value Currency Interest
TOTAL EURO 3,379,585.20 SIR 0.00
3,828,732.08 USD 0.00
Page 9 of 18
Account Numb
Rated Excellent Clewing through PeellskylIC nialy evniad
2:tvtan=o Every Year Since 2007 sabilttlary el The Bank a New Yak Mete
CONFID AL- OMAR ItaTED COMMUNICATIONS CarpotatIon (MY Man)
EXCILLENCE PerIhnx 11.C.nw-tan riukAalYercelt00046513
CONFIDENTIAL - PURSUANT TO FED. R. CRI6,1 P. 6(e) DS-SDNY-0009337
EFrA_00157122
EFTA01289485

Portfolio Holdings (continued)
HONG KONG DOLLAR
Opening Cluing Accrued 30-Dry
Natation Dantey Balance Balance Canna Inane Yleid
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 183,242.25 183,24225 HKD
23,375.11 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 183,242.25 183,242.25 HKD 0.00
23,375.11 USD 0.00
Accrued
Market Value Canna lateral
TOTAL HONG KONG DOLLAR 183,242.25 HKD 0.00
23,375.11 USD 0.00
JA PA N ESE EN
OFen911 Caine Accrued 30.Ory
Description Quantity Belem Nana Carina Incase Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 49.00 49.00 JPY
-0.43 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 49.00 49.00 JPY 0.00
.0.43 USD 0.00
Accrued
Merkel Value Currency Steal
TOTAL JAPA NESE YEN 49.00 JPY 0.00
-0.43 USD 0.00
Untested Accrued Blasted
Cost Bads Market Yaw Gainitass Intern Annual Income
TOTAL PORTFOUO HOLDINGS - U.S. 895,705,453.84 8115,924,557.54 818,366,996.94 8296,510.88 53.301.748.38
DOLLARS
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as nnoncovered". Securities marked as-covered", were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form /399-11 for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998. the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of lixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed . there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
Page 10 of 18
Account Plumb
Rated hortlent Clewing thieve. Pashtos 11C. auk,/ evened
3trc-ES`• (my Year Since 2007 istaldlary a The in a Nee Yak Mellon
CONFID DALBAR RATIO COMMUNICATIONS Carpontlan (MY WNW
EXCILLINCI Perihng 11.C. meet/ FltuRAAM4Yaelt 0 0046514
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DS-SDNY-0009338
EFTA_00157123
EFTA01289486

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
October t 2018 - October 31, 2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information.
12 Pershing has received updated cost basisinformation, therefore cost basis provided on previous dient brokerage statements may differ from the new cost bass reported in this section.
n The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
dings SJrnmary by Cu re lc,
CtIffillef Gash Rted Won Equites Mutual Funds Told by Currenq
U.S. DOLLARS 3,048,379 23,853,028 82,256,950 3,116,094 112,072,450 USD
EURO 64 2,489,250 890,400 0 3,379,585 EUR
HONG KONG DOLLAR 183,242 0 0 0 183,242 HKD
JAPANESE YEN 49 9 0 0 -49 JPY
Total USD Equivalent 3,089,880 28,413,097 83,285,884 3,116,094 115,924,557 USD
% of Allocation 2% 23% 72% 3% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total.
THEM OF PINCE DATEONLY APPEARSWHEN THE PRIDEOATEDOESNOT EQUAL THE STATEM ENT DATE
Estimated Annual Figures
The estimated annual income (EA I) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Sank Deposit interest income, or dividends for other securities shown on your statement may
Page 11 of 18
Account Number:
Rated ticellent Clewing Omagh pealskylIC a vibe/ owned
loss L tray Yew Since 2007 sabildlay a The kek a New Yoh Meta
CONFIDO. PALIARMITO COMMUNCAT IONS Carpontban (MY Mellon)
exempla 00046515
PerOing 11.C.nw-tan FINRAVVVELGM-
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DS-SDNY-0009339
EFrA_00 57 24
EFTA01289487

Portfolio Holdings Disclosures ( continued)
Reinvestment (continued)
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions. Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S, dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's Is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities: and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Page 12 of 18
Account
Rated hotlient Clewing through Parable{I IC nth* evened
Number L (very Year Since 2007 n&&ecy a The leek a New Yak Mete
CONFIDO. DALBAR RATIO COMMUNICATIONS corporactoncom Amnon)
LXCu MCC Per ihnx 11.C.nitentan otatAAR4VELGM—00046516
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DIEi-SDNY-0009340
EFTA_00 57 25
EFTA01289488

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
October 1,2018 - October 31, 2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Current Period
Dale Date Realized
Description Dimond Acquired Designation Disposition Method) Transadion Quantity Proceeds Cod Nis Galata;
Long Term
PIORGAN CHASE 8 CO 10130118 06115/11 Nonovelefl Ant In Ant Out! RED Ell PTION 1,397,000.000 1,397,000.00 1,498,470.87 -101,470.87
PSTG TIM PFD SER1RXE0 TO Original Cost Basis:1501,775.00
FLTG RT BIT 5108%04123/51B 10131118 08/15111 Noncoveief ' First In First Out! RED BI PTION 3,000.000 3,000.00 3,217.90 -217.90
&corky Identifier: 4 /525litIA1 Original Cost Basis:3225.00
Total 1,400,000.000 1,400,000.00 1,501188.77 -101,888.77
Total Long Term 1,400,000.00 1,501,688.77 -101,68817
Total Short and Long Term 1,400,000.00 1,501,888.77 -101,888.77
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as "noncovered" Securities marked as "covered', were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis
will not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to
you.
When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 14 24. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
Page 13 of 18
Account Number: Rated [stollen? Cleanng through PenblinI IC auk*, evened
L trey Yeor Since 2007 sobsidiary a The Mak a New Yak Mellon
CONFIDO. PALIAR MUD COMMUNICATIONS CarporatIon(ONY Mellon)
EXCILIANCI Per I Finx 11.C. mtrtat• rimitAAMYTLGM-00046517
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009341
EFrA_00157126
EFTA01289489

Schedule f Realized Gains and L sses Current Pen (continued)
' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out ( FIFO). Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may
be reported on the IRSForm 1099-B.
Messages
Although a money market mutual fund seeks to preserve the value of your investment at $1p er share, it is possible to lose money by investing in a money market mutual fund. Shares
of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage
account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC
Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Please note that as of November 1, 2018, Deutsche Bank AG will no longer be offering fixed rate certificates of deposit through Deutsche Bank AG New York Branch. Your Deutsche
Bank Investment Specialist will be able to provide you with information regarding alternative instruments offered by Deutsche Bank AG and its affiliates.
Activity Summary (All amounts shown are in base currency)
Credits ThisPetiod Debits ThisPerlod Net ThisPetiod GeditsYeato-Date DebileYeareo-Date Net Yea-to-Dole
Securities
Securities Bought 0.00 1,775,497.92 1,775,497.92 0.00 48,533,305.28 48,533,305.28
Securities Sold 0.00 0.00 0.00 39,893,211.93 0.00 39,893,211.93
Total Securities $0.00 48,775,497.92 48,775,497.92 $39,893,211.93 448,533,305.28 48,640,093.35
Dividends and Interest $170,662.10 $0.00 $170,662.10 $2,422,184.51 $0.00 $2,422,184.51
Distributions $1.400,000.00 $0.00 $1,400,000.00 $4,117,935.88 $0.00 $4,117,935.88
Fees $0.00 44.00 44.00 $0.00 41,174.00 41,174.00
Taxes Withheld $0.00 $0.00 10.00 $0.00 37,000.37 37,000.37
Other $0.00 $0.00 $0.00 $0.00 477.65 477.65
Cash
Withdrawals 0.00 0.00 0.00 0.00 .4177118.24 4,077,618.24
Deposits 5,073,049.51 0.00 5,073,049.51 8,270,842.15 0.00 8,270,842.15
Total Cash $5,073,049.51 $0.00 $5,073,049.51 $1270142.15 -$4.077,618.24 $4,193,223.91
Totals $6,643,711.61 48,775,501.92 12,131,790.31 $54,704,174.47 452,619,175.54 $2,084,998.93
Page 14 of 18
Account Nornbe
Rated Catrilent Clewing Omagh PaganI IC awl*, evened
It 0120 (very Year Since 2007 Maids, a TheI n a Near Yak Meta
CONFIDO. D LX A C L I I L A L R IN R C A E T IO COMMUNICATIONS C Pe a r rp iP o in n g e f U o . n C O .n lt t l e y r b M e e r l lo t n hi ) s IA.614 Vler& 00046518
CONFIDENTIAL — PURSUANT TO FED. R CRAI. P. 6(e) DEMSDNY-0009342
EFTA_00157127
EFTA01289490

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
October 1,2018 - October 31,2018
SOUTHERN FINANCIAL=
Transactions by Type of Activity
Process: Trade;
Settlemeni Transadlon
Date Dale Ad idly Type Description Otiantily Price Accrued Interest Amount Conenq
Securities Bought and Sold
10105/18 SECURITY CALLED OTY t397.000 .PLIORGAN CHASE CO DEP SHS REPSTG 0.00 USD
46625HHA1 19TH PR) SER 1FIXED TO FUG RT 8D 5.828%04123158 B/E
CTD 04123108 CLB CALLED BY LOTTERY
10117/18 10115/18 PURCHASED APPLE INC COM UNSOLICITED ORDER AVERAGE UNIT PRICE 10.000.000 2181774 4,760,702 00 USD
AAPL TRANSACTION YOUR BROKER ACTED ASAGENT
10130/18 REINVESTCASH INCOME .PMORGAN FLOATING RATE INCOM E FUND CLASS I 1,584 146 -11,795.92 USD
PHSX 332044.8630 SHRSSHRS PORCH. AT 59.34000 RD 10/26 PD
913019
10/31/18 SECURITY CALLED OTY 3,000 PMORGAN CHASES CO DEP SHS REPSTG 11TH 0.00 USD
46625H HA1 PFD SER 1FIXED TO FLTG RT 80 5.808% 04/23/58 B/E DTD
04/23)08 CLB CALLED BY LOTTERY
Total Securities Bought and Sold - U.S. DOLLARS 0.00 4,775,197.92
Dividends and Interest
10/03/18 FOREIGN BOND INTEREST 2000000 .BSINVISGMBH GTD SR NT REG S 72.500 00 USO
A29866ABS ISINt USA29856A853 7250% 04/03/24 BIE DID 04103/ II CLB
RD1)102PD 13/03/1
10/25/18 CASH DIVIDEND RECEIVED 25000 SHRS GENERAL ELECTRIC CO COM RD 09/1PD 9/25/9 3.000.00 USD
GE
10130/18 CASH DIVIDEND RECEIVED .PMORGAN FLOATING RATE INCOM E FUND CUSS I 14,795.92 USD
PHSX 332044 8630 SHRS RD 9/26 PD 9/30/9
10131/18 MONEY MARKET FUND CASH AC TR DWSGOVT 6.141 18 USD
INCOME RECEIVED
PER232045
10/31/18 CASH DIVIDEND RECEIVED 5000000 RIORDAN CHASES CO DEP SHS REPSTG 79TH PFD 74,225.00 USD
46625H HAI OilFIXED TO FLTG RT BD 5.808% 01/23158 BIE DTD
04123/08 CLB RD 13/29 PD 9/30/9
Total Dividends and Interest - U.S. DOLLARS 0.00 170,662.10
Pape '5 of '5
Account tnnber lIM
bled ['mental Clewing through Pelee LC • %Whey owned
. trey Year Since 2007 "Amigo" of The Bank col Mew York Mellon
NFIDO. DAI.BAR Mit° COMMUNICATIONS CorpontIon OM Wilco) nn. n
EXCULINCI PerchnglIC.mer-bn Ithtto..RVVIhiwm-0,-"A651c
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CO DB-SDNY-0009343
EFTA_00 157 12 5
EFTA01289491

Transactions by Type of Activity (continued)
Process Trade.
Settlement Transaction
Date Date Activity Type Desaiption Cleantdy Price Acaued interest Amount Cannot
Distributions
10130/18 SECURITY REDEEMED -PM ORGAN CHASE 8 CO DEP SHS REPSTG /9TH PED SER I 4,397,000.000 1,397,000.00 USD
46625HHA1 FIXED TO FLTGRT BO 5.808%04123158 DTD 04/23/08 CLB
CALLED BY LOTTERY
10131/18 SECURITY REDEEMED PM ORGAN CHME 8 CO DEP SKS REPSTG /ID TH PFD SERI -3,000.000 3,000.00 USD
46625HHA1 FIXED TO FLTGRT BD 5.808%04123/58 WE DTD 04/23108 CLB
CALLED BY LOTTERY
Total Distributions - U.S. DOLLARS 0.00 1,400,000.00
Fees
10101/18 FOREIGN CUSTODY FEE Fgn Safekeeping SEP 201 CUP F14134.-01-4 •2.00 USD
F14131.014
10/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping SEP 201 CUSIP. F9396 N.1.6 •200 USD
UWE
Total Fees - U.S. DOLLARS 0.00 4.00
Cash Withdrawals and Deposits
10102/18 CUSTOM ER AUTHORIZED TRANS FRM N46-02611 73,049.51 USD
TRANSFER
1150999997
1011 8/I 8 FEDERAL FUNDS RECEIVE) WELLS FARGO BANK NA 08446 5,000,000.00 USD
USD999997
Total Cash Withdrawals and Deposits - U.S. DOLLARS 0.00 5,073,049.51
Total Value of Transactions 0.00 4,131,790.31 USD
The price and quantity displayed may have been rounded.
Page 16 of 18
Account Hata
Rated Czottlent Clewing Omagh Pagan LLC. a *lay evened
L Every Yet Since 2007 sobildlary a The Malta New Yak Meta
CONFIDO. DALBAR RATED COMMUNICATIONS Carpont$a n (IINY Mellon)
LXCLLIINCC Penh nx met, thisIAAR4 VELGM- 00046520
CONFIDENTIAL — PURSUANT TO FED. R CRIIVI. P. 6(e) DEl-SDNY-0009344
EFTA_00 I 57 29
EFTA01289492

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
October 1,2018 - October 31,2018
SOUTHERN FlNA NCIALUL
Fixed I ncome A nalys s
Bond Quality Bond Maturity Schedule
%of Bond
%of Bond
Bood Maturity Market Vale Mettet Value
Bond Quality WNW Wu* Market value Percent or fixed income
A 2,083,218.75 8% fa Mit° 6 months 1,002,500.00 4%
BAA 6,109,296.00 25% la 7 to 12 months 2,820,071.33 11%
.1to 5 years 3,119,100.00 12%
BA/ Lower 18,830,492.58 84%
F16 to 10 years 2,920,420.00 11%
Not Rated 850,090.00 3%
Ell Over 10 years 16,611,006.00 62%
Total 26,473,097.33 100% 0 20 40 80 80 10
Total 26,473,097.33 100%
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Client Service Information
You; Investment Specialist ZEM Contact Information
MARTIN ZEMAN Telephone Number:
345 PARK AVENUE
NEW YORK NY 10154
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for Mutual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications. log in to your account or contact your Investment
Specialist for more information.
Page 17 of 18
Account Hurnbe
Rated hotRent Clewing through Pashtos LLC. a urlay evened
L Crecy Year Since 2007 sttaldlary a Tee Mak a New Yak Mello,
CONFIDO. OM AR WM COMMUNICATIONS caaaauonceaY Mellon)
EXCILLINCE Periling ItC.mentt• FINRAN44 YIELGOA-00046521
CONFIDENTIAL — PURSUANT TO FED. R CRlIcl. P. 6(e) DB-SDNY-OOO9345
EFrA_00 I 57 I 30
EFTA01289493

Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise t hem. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the
acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department,
One Pershing Raza, Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LW shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Raze, Jersey City, New Jersey 07399;
Page 18 of 18
Account
Rated hottlent Cleanng through Penlivg1 1Cniapronwil
N2:1Cu%m bs, (my Year Since 2007 sobsidiary of The Melt a New Vat Mellon
CONFIDO' DALBAR RATIO COMMUNICATIONS CaoporatIon (MY Mellon)
(JIMA INCE PerI hnx 11.C. mnWon FttatAVV VELGM-00046522
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009346
EFTA_00157131
EFTA01289494

PA Deutsche Bank OtiAtUth• YM •11,..li• Marlh hasmeitentirt
Mantis Central< &ow:
OWNIC he Lt.* 33.33.033 03.
P.O. Box 1776, Baltimore, MD 21203 10vd York Cm..
30 Put AMPrVP. 360 110i
New
TO stye
tirec3
September 1,2018 - September 30,2018
Account Number:
SOUTHERN FINANCIAL LLC
6 10 0 RED HOOK QUARTER B3
ST THOMASVI 00802
Portfolio at a Glance
Ten Period Yew-to-Date
Your Investment Specialist. BEGINNINGACCOUNT VALUE $116,078,917.03 $97,272,547.37
MARTIN ZEM AN
Net Cash Cepa:06ml Withdrawals 141,000.00 ,979,825.60
(212) 250-0432 Adjusted Previous Account Value 116,219,917.03 96,392,721.77
Dividends. Interest and Other Income 161,270.19 2,638,38320
Total Taxes Withheld 0.00 -7,000.37
Other Transactions -2.00 -1,247.65
Net Change in Portfolio' .674,501.01 16,683,847.26
Accrued Merest $302,299.28
Estimated Annual Income $3,255,758.66
'Net Change in Portfolio is the difference between the ending account video and
beginning account value after activity.
Asset Summary
Panel Mkt Type Paler Tear-End Ltd Period %Sniffled
• 4% Cash. Money Funds, and Bank Deposits 823,820.98 8,945,545.89 5,201,512.78
a 25% Fixed Income 26,083,479.22 25,420,588.34 28,396,374.45
• 88% Equities 80,899,388.97 79,737,833.97 78,987,575 27
3% Mutual Funds 3,020,938.22 3,099,788.83 3,121,221.71
0% Exchange-Traded Products 6,444,920.00 875,160.00 0.00
100% Account Total (Pie Chart) $97,272,547.37 $116,078.917.03 $115,706,684.21
Please review your allocation periodically with your Investment Specialist.
Pagel of 19
Rated (miler.? Clewing through Min LLC sub./yew"
Every Year Since 2007 sabsidiary of The belt a Nero Yak Melee
615 NFID gi" FAL DALIAR RATIO COMMUtisCATIONS CaperatIon ('NY Mellon)
VICILLINCI P F nxil.C.nwter ossx.g4q2PM_00046523
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009347
EFTA_00 157 132
EFTA01289495

Summary of Gains and Losses
Roane
%isPeriod Yeat-lo-Date Unrealized
Short-Term Gain! Loss 405,477.85 1,559,644.79 14596,427 63
Long-Term Gain/ Loss 0.00 2,637,463.78 6.121.153 53
Net Gain! Loss -705,177.85 1.197.108.57 21.017.881 16
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB° ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 7042 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Oaring Closing Amount in
Wentz USD EquivaleM per USD Currency Bain Base Currency USD
EURO 1.1614 08610 EURO -64.80 -75 26
HONG KONG DOLLAR 0.1278 7.8245 HONG KONG DOLLAR 183242 25 23.418.91
JAPANESE YEN 0.0088 113.5700 APANESE YEN 49.90 1.43
Exchange rates are based on interbank exchange rates as of 09! 28! 2018. Exchange Total Global Cash Balance $23,313.22
rates can vary.
Money Market Fund Detail
Dale Activity Type Descripism Amount Uwe
Sweep Money Market Fund
CASH AC TR DWSGOVT es AG INSTL
Current Yield 1 8 7% Activity Ending: 0 91 281 18
09/01/18 Opening Balance 6,809,117.50 6,809.117 50
09/04/18 Deposit MONEY FUND PURCHASE 113,157.57 6.922275.01
09/05/18 Withdrawal MONEY FUND REDEM PTION -2.00 6,922,273.01
09/14/18 Withdrawal MONEY FUND REDEMPTION -2,915,395.66 4.006.877.35
09/18/18 Deposit MONEY FUND PURCHASE 35,625.00 4.042.502.35
09/25/18 Deposit MONEY FUND PURCHASE 880.518.04 1.923.020.39
09/26118 Deposit MONEY FUND PURCHASE 72,500.00 4.995.520 39
09/27/18 Deposit MONEY FUND PURCHASE 68,500.00 5.064.020.39
09/28118 Deposit MONEY FUND PURCHASE 70,000.00 5,134,020.39
09/28/18 Deposit INCOM ERBNVEST 8,467.92 5.112.488.31
09/28/18 Closing Balance $5,142,188.31
Total All Money Market Funds 95,142,488.31
Page 2 of
Account Numb
Paled Excellent Clewing through Penh", LLC, obey owned
scomicsmots Every Year Since 2007 stosidiary of TM Usk el Mew Yo.t Mellon
CONFID DAIARMITO COMMUNICATIONS Com-oUlm( MY Wilco)
CM:WINCE Pelting 11.C. meet/ IthRA.VVKI39M-00346524
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009348
EFTA_00157B3
EFTA01289496

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
September 1,2018 - September 30,2018
SOUTHERN FlNA NCIALLLC
Income and Expense Summary
Current Period Yem4a-Dale
Taxable Non Tenth Taxable Non Taxable
Dividend Income
Equities 0.00 0.00 565,866.93 0.00
Money Market 8,467.92 0.00 47,076.86 0.00
Other Dividends 47,177.27 0.00 803,449.05 0.00
Interest Income
Bond Interest 105,625.00 0.00 719,089.41 0.00
Other interest 0.00 0.00 116,040.16 0.00
Expenses
W ithholding Taxes 0.00 0.00 -7,000.37 0.00
Fees( Foreign Securities) 0.00 0.00 100.00 0.00
Total Dividends, Interest, Income and Expenses $161,270.19 $0.00 $2,243,622.04 $0.00
Distributions
Alternative Investments 0.00 0.00 0.00 386,840/9
Other Distributions 0.00 0.00 17.85 31 095.09
Total Distributions $0.00 $0.00 477.65 $417,935.88
Portfolio Holdings
U.S. DOLLARS
Account Activity OWNS Going Accrued Income 30-Day Current
Opening Date °milky Number Fading Baca Ulna Income ibis Year Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Cash Balance 0.00 35,681.25
Margin Balance 113,157.51 0.00
Money Market
CASH AC TR CWS GOVT S AG INSTt
09101118 5,142,488.310 NIA 09128/18 6,809,11710 5,142,488.31 0.00 47,076.88 1.87% 1.87%
Total Money Market $6,809,117.50 $5,142,488.31 $0.00 $47,076.86
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $6,922,275.01 $5,176,169.56 $0.00 $47,076.86
Page 3 of 19
Account Hunt
Rated (miler.? Clewing *rough habil; LC. a al*, evened
Every Year Since 20O7 sabildiary of The Wok el We Vat Meta
CONFID DALIAR RATED COMMUNICATIONS CancratIon(INY Melba)
("CMI NCE Perchnx 11.C.rmr-tan FtlatAAVYLElekt-00046525
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009349
EFTA_00157134
EFTA01289497

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Esthealed
Date Acquired Ouantity Unit Cost Cost We Mad NU Market Value intern Annual Income Yield
FIXED INCOME (In Maturity Date Sequence)
Corporate Bonds
CITIZENSCOM M UNICATIONS CO SR Security Muddier: 4453BAW1
NT FULLY EXCHANGED FROM 174538AX9
7./25% 03/t/S13/E DID 03/23/07M oody Rating CAMS* P
Rating MC+
10/03/17 1.000.000.000 100.0330 1.000.332.92 100.6300 1.008.300.00 5.967 08 2.988.75 71,250.00 7.08%
Original Cost Basis: $100 SO 06.00
EXELA INTER RC/ EXELA RN INC GTO Security Identifier. 30 E2RAA9
FIRST PRIORITY SR SECD NT 144A
13.000% 0716/23 8/E DTD 07/2/17 CliMoody Rating 83 58 P
Rating B
10/24117 2,000,000.000 97.0250 1,940.506.00 106 5000 2.130.000 01 189,494 01 41,666.67 200,000.00 9.38%
Original Cost Basis: 51940,506 00
07/09/18 1,000,000.000 102.7760 1,027,755.65 106.5000 1.064.999.99 37,244.34 20,833.33 100,000.00 9.38%
Original Cost BasiS:51028356.00
Total Covered 3,000,000 000 2.966.261.65 3,195,000.00 226,738.35 62,500.00 300,000.00
Total 3.000.000.000 82,966,261.65 $3.195.000.00 5226,738.35 $62,500.00 $300.000.00
..B.SINUTS GM BH GTD SR NT Security Identifier A29866AB5
REG S !SINS USA29866AB53
7.250%04/03124 B1E DID 04/030166 P Refill Fl•
10131117 2,000,000.000 99.0650 1.981.300.00 101.7510 2,035,020.00 53,720.00 71,291 67 145,000.00 7.12%
Original Cost Basis: $1981.30000
DEUTSCHE BANK AG NTS ISMS US25625AIA 33 Security Identifier 25525A11 3
4296% 05124/28 B/E DID 05124/13
FORBGN SECURITY ST CPN DTE 1/24113M oody Rating Ba2 S 8 P
Rating BB,
06/01118 1,000,000.000 91.7780 917.776.00 92.1990 921.990.00 4.214.00 15,036.00 42,960.00 4.65%
Original Cost Basis: 5917.776 00
DEUTSCHE BK AG N Y BRH VAR Security Identifier 256268N8
(SINS US28626BN89 4.875% 41013281E
DTD 2/0117 CALLABLE 2/0127
06/01/18 1.000.000.000 86.8260 868.256.00 88.8550 888.550 00 20,294 00 16.114 58 48.750 00 548%
Original Cost Basis: 8868,256.00
Page 4 of '9
AccountNAM ag Rated Gallen, Owing Omagh PaganI IC a May owned
Ston: twery Yea Since 2007 Salary of Tits lank a New Vat Mellon
CONFID 4 DAtIAR PATILDCOMMUNICATIONS corpontion atm Mellon)
Ualltha PeiltivatttC.inentw INRA.ilWqkt9M-00046526
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009350
EFTA_00 I 57 I 35
EFTA01289498

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
September 1,2018 - September 30,2018
SOUTHERN FINANCIAL LW
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Estimated
Date Acquired Quantity Unit Caul C451 Basis Market Price Market Value Gain Loss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
ASSURAHT INC FXD TO FLTG SUB NT Security Identifier: 04621XAK4
7000% 03/27/48 EVE DID 037271E
CALLABLE03/27128 'OD 000 M oody Rating BA1
03/29/18 2,000,000.000 101.9900 2.039.798.18 101.5000 2.030.000.00 4.798.18 1,166.67 140,000.00 6.89%
Original Cost Basis: 52,040,005.00
3111ORGAN CHASE 8 CO DEP SHSREPSTG Security Identifier: 46625HHA1
METH PFD SER 'FIXED TO FLTG RT BD
5128% 04/23/58 8/E OTD 04123/08M oody Rating BAA3 S 8 P
Rating BBB-
06715111 .,337 2,500,000.000 107.5000 2,687,500.00 100.4250 2.510.625 00 -176,875.00 25,092.78 145,700.00 5.80%
Original Cost Basis: 82.687.50000
06/15/11 .'3-12 2.500.000.000 107.0000 2,675,000.00 100.4250 2.510.62500 -164.375.00 25,092.78 145300.00 5.80%
Original Cost Basis:52,675,000.00
Total Noncovered 5,000,000.000 5,362,500.00 5,021,250.00 ,341,250.00 50,185.56 291,400.00
Total 5,000,000.000 85,362,500.00 85,021,250.00 4341.250.00 850.185.56 $291.400.00
SOUTHERN CAUF EDISON CO PREF SER E Security Identifier 842400 FU2
6.250% 011/62 BIE DID 011 11
CALLABLE 0210722 Q 130000Moody /Wing BAA1S& P Retag
BOB'
01/30/12 .'312 3.000400.000 99.9000 2,996,987.76 105.0000 3,150,000.00 153,012.24 30,729.17 187,500.00 5.95%
Original Cost Basis: $2.992,564.97
GENERAL ELEC CO GTD FXD-TO-FITGRT Security Identifier 359604BIA 4
NON-CUMULATIVE PERPETUAL PREFERRED
4 000% 2103465 REGDTD 12/03/bIloody Rating A3 S& P
Rating BBB*
12/03115' 2,469,000.000 88.0930 2,175,016.17 90.0000 2,222,100.00 47,083.83 28.805.00 98,760.00 4.44%
Original Cost Basis: 52,175.01.17
Page 5 of '9
Account Number Rated Excellent Clown. through aenhatill.C. a tAtoRy owned
iron: L Leery Year Since 2007 subsidiary al The Bank ea New York Mellon
CONFIDO DA/BARRA= COMMUNICATIONS Cameral:a (IINY Wilco) n A
LXCRIAllea Pennine ll.C. inerrOar Fi tiltn. tVglIfEkt9m-00046527
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009351
EFTA_00 I 57136
EFTA01289499

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Matted EstimMed Estimated
Oete Acquired Ouentfty Unit Cost last Bads Market Price Market Value earl.= Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
LLOYDS BANKING GROUP PLC FM RATE RESET Security Identifier: 539439AG4
ADDL TIER 1SECS ISIMIUS5394MAGI2
7.500% 04/21/68 B/E OTD 04/071%5& P Rating 88-
04/10/14 .'" 1,903,000.000 102.3910 1,948,500.00 103.1250 1,962,468.75 13,968.75 1,189.38 142.725.00 727%
Original Cost Basis: 51948,500.00
CITIGROUP INC FAD RT SR NT PERP DEP RECPT Security Identifier:12967M
5.950% 08/6/888/E DM 0812/6
CALLABLE08/15/20 0 130.000iloody 'titian M2 S8 P Rating
889
08106/15 3,000,000.000 100.0000 3,000,005.99 102.9550 3,088,650.00 88,644.01 22,312.50 178,500.00 5.77%
Original Cost Basis: $3000,006.00
Total Corporate Bonds $25,258,734.67 525,521,324.75 $262,594.08 8302,299.28 $1,646,845.00
25,372,000.000
TOTAL FIXED INCOM E $25,258,734.67 $25,521,328.75 $262,594.08 $302,299.28 81646,845 00
25,372,000.000
Unmated Estimated Estimated
DateAcquked Quality Unit Cod Oast Dais Merkel PIS Market Value dekko's Annual Income Yield
EQUITIES
Common Stocks
ALIMIM GROUP I1LDG LTD SPONSORED ADR Secetily Identifier MBA
ISINSUSO 109W V 27 CUSP:0609*M
Dividend Option: Cash
06/10/15 5,000.000 88.9500 444,749.00 164.7600 823.800.00 379,051.00
AMAZON COM INC Security Identifier: AWN
Dividend Option: Cash CUSP.02313566
03/29118 500.000 1,423.8620 711,930.80 2,003.0000 1,001500 00 289,569.20
04/02/18 500.000 1,387.0210 683,510.38 2,003.0000 1,001,500.00 317.989.62
Total Covered 1.000.000 1,395,441.18 2,003,000.00 607.558.82
Total 1.000 000 $1,395,441.18 52,003.000 00 $607 558 82 $0 00
APOLLO GLOBAL MGM T LLCCL A SHS Security Identifier: APO
Dividend Option: Cash GUMP. 03762306
263.67.00 of these shares ate r your margin account
03/29/11 ' 263,157.000 19.0000 4,999,983.00 34.5500 9 092.071.35 4.092 091.35 480.472.02 5.38%
Page 6 of 19
Account Humber:
OP Rated OLSIent Clewing Omagh FenianI IC **bay evened
:2Xw brew Yes, Since 2007 istaldlary a The kek a New Yoh Meta
ONFID DALIAR RATIO COMMUNICATIONS Carponefon My Mellon)
LXCILL INCE Perchnx 11.C.nwr-bn on)
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DS-SDNY-0009352
EFIA_00 1571 37
EFTA01289500

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
September 1,2018 - September 30,2018
SOUTHERN FlNA NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
unfenced Estimated Estimated
Ogle Acquied Quoddy Una Cod Gait Basis Market Pena Market Value Going-on Annul Income Yield
EQUITIES (continued)
Common Stocks (continued)
APPLE INC CON Security Ideatiliar:AAPL
Dividend Option: Cash GUMP:037833170
12107/17 214,000100 169.8140 36,340,223.40 225.7400 48.308.359 96 11,968,136 56 624.880 00 129%
06/20/18 50.000.000 186.7940 9.339.697.00 225.7400 11,287,000.04 1,947,303 04 146,000.00 129%
Total Covered 264.000 000 45.679.920 40 59,595,360.00 13,915,439.60 770.880 00
Total 264,000.000 545,679,920.40 $59,595,360.00 $13,915,439.60 5770.880.00
BOGEN 'DEC INC CON Security Ideetifier: BIIR
Dividend Oplion: Cash CUSP 09062X193
02114/12.3 2,095.000 110.2720 231.019.65 353.3100 740,184 45 509.164 80
CENTENE CORP D B. CON Security Identifier. CNC
Dividend Option: Cash CUSP. 545891
09/08/14 15,550.000 63.6150 989,679.75 144.7800 2.251.329.00 1.261.649 25
GENERAL ELECTRIC CO COM Security Identifier GE
Dividend Gal ion: Cash Cl/SP.369504133
25,000.00 of these shares ate i your margin account
02123/18 2.500.000 16.2210 41551.71 11.2900 28.225.00 -12,326.71 1,200.00 425%
02/26/16 2,500.000 16.2210 40,551.71 112900 28,225.00 4 2 26.71 1,200.00 425%
03/05/18 800.000 16.2260 12,980.63 112900 9,032.00 -3,948.63 384.00 425%
03/07/18 5,000.000 16.2190 81,097.41 112900 58,450.00 -24,647.41 2,400.00 425%
03/12/18 2,500.000 16.2210 40,551.71 112900 28225.00 42,326.71 1,200.00 425%
03/16/18 11,700.000 16.2190 189,759.90 112900 132,093.00 47,666.90 5,616.00 425%
Total Covered 26,000.000 405,493.07 282,250.00 ,123,213.07 12,000.00
Total 25,000.000 $405,493.07 $282,250.00 4123,243.07 $12,000.00
KARYOPHARM THERAPEUTICS INC CON Security Id milker: KPTI
Dividend Option: Cash CUSP. /85761116
07/12/18 25.000.000 18.6840 467,106.00 17.0300 425.750.00 41,356.00
NINTENDO LTD ADR Security Identifier: NTDOY
Dividend Option: Cash CUSIP: 654445303
Page 7 of 19
Account Nun
Rated Excellent Clarets *toter Renten LI.Cataapeeted
?e L- hew Year Since 2007 ~Idler! of The Bank al Nat WA Mete
C ONFID DAtIlAR RATIO CONIMUNICATIONS Centetatkei (MY Melba)
meektar*NeteM-00046529
Rent die
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009353
EFTA_00157138
EFTA01289501

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
tkeelized Edh ated Estimated
Clete Acquired Quantity UM Cool Cad Buis Motet Price Motet YMuct OWL= Maud Income Yield
EQUITIES (continued)
Common Stocks (continued)
NINTENDO LID ADR (continued)
02/05/18 10.000.000 511910 517.90610 451650 454.65010 43.256.00 5,027.26 1.10%
Total Common Stocks $55,131,298.05 $75,668,397.80 $20,537,099.75 31,277,379.26
Preferred Stocks (Listed by expiration date)
GPAAC CAP TR I GTO TR PFO SECS Se 2 CPR- Security Identifier ALLY PRA
8.45% FREO DRILY IIA TY•02/15/2040 CALL CUSIP. 36160208
ANYTIME02519130 DAYS BEGINS02/S/S
Dividend Option: Cash
02/22/12 " 3 80,000.000 23.5350 1,882,773.80 28.3000 2,104,000.00 221,226.40 157,433.76 7.48%
Total Preferred Stocks 31,882,713.60 32,104,000.00 8221,226.40 $157,433.76
TOTAL EQUITIES 357,014,071.65 $77,772,397.80 320,756,328.15 41,434,813.04
Unseated Edirested Estimated
Dote Acquired Quantity Unit Coil Cod Bet Markel Price Market Value Gektoss Maud Income Yield
MUTUAL FUNDS
MORGAN FLOATING RATE INCOME FUND Secutily !den' Wier: ..PHSX
CLASS I CUSP 4(44t51
Open End Fund
Dividend Option: Reinvest: Capital Gains Option: Reinvest
09/28W 318,809.777 9.4100 3.000.000.00 9.4909 2,996,811.90 -318810 121,960.68 4.06%
Reinvestments to Date 13.235.086 9.3890 121260.78 9.4000 124.409.81 149 03 5.063.08 4.06%
Total Covered 332.044 863 3,124,260.78 3121,221 71 -3.03907 127.023 76
Total 332.044 863 13,124,260.78 13,121,221.71 43,039.07 6127.023.76
TOTAL M UTUAL FUNDS 83,124,260.78 13,121,221.71 43,039.07 6127,023.76
(acted Acted Needed
Cod Beds Mittel tho Gib/lion Interest AnnualIncome
TOTAL U.S. DOLLARS $90,575,236.66 8111,593,117.82 $21,017,881.16 8302.299.28 13.255.758.66
EURO
Otte Awned 30 -Ora
Desniption Beatty Balsa Nina Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 14.80 44.80 EUR
-75.26 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 44.80 4420 EUR 0.00
-75.26 USD 0.00
Page 8 of 19
Account Number Rated Catvlient Clewing lamer Paoli%1 1Cnakayevamd
acoonoMmon L (my Year Since 2007 sataldlaarg of The Bank Mtn Yak Meta
CONFID DALIAR RATED COMMUNKATIONS Caeporationaltly Malan)
EXCILLENCE P rue U.C.erter-bn ruyee.BAB4YreceM_00046530
CONFIDENTIAL - PURSUANT TO FED. R CRINI. P. 6(e) DB-SDNY-0009354
EFTA_00157139
EFTA01289502

a
Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
September 1,2018 - September 30,2018
SOUTHERN FlNA NCIAL LLC
S
Portfolio Holdings (continued)
EURO (continued)
Accrued Estimated
0escrIsaion auasfty Merkel Prka Market Was Catena Intend Yield
FIXED INCOME (In Maturity Data Sequence)
Corporate Bonds
CASN0. GUICHAROPERRACHON 2.500,000 000 99.0200 2,415,500.00 EtIR 0.00
SA ISN$ FR00100%80 2,616,045.70 USO 0.00
0.000% 08106iS REG 01008/03M
Moody Rating Ba1Sb P Rating 88
Secutit F1413LCN4
Total Corporate Bonds: 2,500,000.000 2,475,500.00 EUR 0.00
2,875,045.70 USD 0.00
TOTAL FIXED INCOME 2,500,000.000 2,475500.00 SIR 0.00
2,875,045.70 USD 0.00
ECUS
0tealptIoe Deanery Market Prke Made( Wee Cunew Thad
EQUITIES
Common Stocks
UBI 93FT ENTERTAINMENT 11,200.000 93.4200 1,046,304.00 EUR
ISIS FR0000054470 Set M0NTREUIL ACT 1,215,177.47 USD
Security Id ender: UBEFR
CUSIP: F9395ND6
Total Common Stocks 1,046,304.00 EUR
1,215,177.47 USD
TOTAL EQUITIES 1,046,304.00 EUR
1,215,177.47 USD
Accrued
Mad* Vakie Wrong Interest
TOTAL EURO 3,521,739.20 SIR 0.00
4,090,147.91 USD 0.00
Page 9 of 19
2:r:
Account Number. Rated (stollen% Clewing through Pagel% I1C .ably evened
i:: 026 L Every Year Since 20O7 stsidiary of The Ilaelcother WA Mellon
CONFID DALBAR RATED COMMUNICATIONS Ono-saw (MY Mellon)
VICILLINCI Perthnx 11.C.ntkrber mottActrilneceM-00046531
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009355
EFTA_00157140
EFTA01289503

Portfolio Holdings (continued)
HONGKONGDOLLAR
4410119 Clue Accrued 30-Dry
Description Overfly Balm educe OIRt80/ Income mid
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 183242.25 183242-25
HKD
23,418.91 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 183,242.25 183,242.25 HKD 0.00
23,418.91 UM 0.00
Accrued
Market Velut Currency bind
TOTAL HONG KONG DOLLAR 183242.25 HKD 0.00
23,418.91 USD 0.00
JAPAN ESE Y EN
0941009 Cowin Aimed 30 .Day
Deuription Quantity Balance Waco Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 49.00 49.00 JPY
-0.43 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS -49.00 -49.00 JPY 0.00
4.43 USD 0.00
Acaled
Market Villa Currency liters
TOTAL JAPANESE YEN 49.00 JPY 0.00
4.43 USD 0.00
Wetted Accrued Estimated
CoMBWs Market Wiwi Guianese Intend Annual Income
TOTAL PORTFOUO HOLDINGS - U.S. 590,575,238.88 3115,706684.21 921,017,881.16 9302,299.28 83.25525818
DOLLARS
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as snoncoveret Securities marked as "covered', were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form t 99-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
Page 10 of 19
Account Numb
Ned banal Clewing Wove PenhimL it a aka,/ owned
Istit [very Yew Since1007 istaldiary a The Bank a New Yak Mete
CONFIDKP OMAR IRATEDCOMMUNICATIONS CorpontIon (IINY Mellon)
UCIWINCE Per ihnx 11.C. rneren FMAAPAELGM_00046532
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009356
EFTA_OO157141
EFTA01289504

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
September 1,2018 - September 30,2018
SOUTHERN FINA NCIAL LLC
Portfolio Holdings (continued)
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this in formation.
12 Pershing has received updated cost basis information, therefore cost bass provided on previous client brokerage statements may differ from the new cost basis reported in this section.
The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Holdings Summary by Currency
0Jirency Cash Fixed Income Equities Mutual Funds Total by Currency
U.S. DOLLARS 5,178,169 25,521.328 77,772,397 3,121221 111,593,117 USD
EURO 44 2.475.500 1.046.304 0 3.521.739 EUR
HONG KONG DOLLAR 183,242 0 0 0 183,242 HKD
APARESE YEN -49 0 0 0 49 JPY
Total USD Equivalent 5.201.512 28.396.374 78.987,575 3,121,221 115.706.684 USD
% of Allocation 4% 25% 68% 3% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market
prices. unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "NIA" and are omitted from the Total.
THEAS OF PRICE DATEONLY APPEARS W HEN THEPR10EDATE DOES NOT EQUAL THE STATEM ENT DATE
Estimated Annual Figures
The estimated annual income (EAI) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results These figures are computed using information from providers believed to be reliable: however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities. thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may
Page 11 of 19
...02,
Account Number:
Rated Ext*Ient Clewing thtough habit.; 11C. a iota/ corned
trey Year Sint 2CO7 subsidiary of The lank a New Yak Melba
CONFIDO' DALBAR RATED COMMutoCATIONS faxpnoonISNY Melba)
(XCILLINCI ! m 'It•RA.gWGPM_00046533
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009357
EFTA_00 I 57142
EFTA01289505

Portfolio Holdings Disclosures (continued)
Reinvestment (continued)
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestm ent transactions. Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S, dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities; and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Schedule of Realized Gains and Losses Current Period
Dale Dale Realized
Desaiption Disposed Aceeked Designation COomilion Method) Transaction Ciutelity Proceeds Cot Bois Mahlon
Short Term
EUROCURRENCY 09/12118 05119118 Noncovered • Fret In First Out? BUY 44.890 16.26 15.11 1.09
Security Identifier EUR999995
Page 12 of 19
tc::,xsexon.
Account Number:
Rated ticellent Clewing Mall Pagel% 11C•aapronwel
L bay Year Since 2007 sabildlary of The lank al New Yak Mellon
CONFIDO. DALIAR RATIO COMMUNICATIONS Carponao n (IINY Melon)
UCILLUICE Periling U.C.ntefter FINRAVVYTEGM-0°° 4 6534
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009358
EFTA_00 157143
EFTA01289506

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
September 1,2018 - September 30,2018
SOUTHERN FINA NCIAL LLC
Schedule of Realized Gains and Losses Current Period (continued)
Date Dale fisted
Description eiteoced Autoked Detagnsilon flisposition Method r Parma ion Quantity Proceeds Cod 85$ Gelaslos
Short Term (continued)
'SHARES INC M SCI SOU 09121118 11103111 Covered Ant In First Out / SELL 13,000.000 880,518.04 985,998.98 ,105,478.94
TF
Security Identifier. 464286772
Total Short Term 880,594.30 986,072.15 -105.477.85
Total Short and Long Term 880,594.30 986,072.15 -105,477.85
• Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986. as
amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as 'covered', were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-B for the applicable lax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis
will not be reported to the IRS
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports. including your 1099-8 or online displays you may have available to
you
W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRSor other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may
be reported on the IRS Form 1099.8.
M essages
Pursuant to the Securities Exchange Act of 1934, Pershing LLC (Pershing), a BNY Mellon company, provides individual investors with certain financial information on a semi-annual
basis. Pershing'sJune Statement of Financial Condition is now available On June 30.20*. Pershing's net capital of $2.68 billion was 15.25% of aggregate debit balances and exceeded
the minimum requirements by S2.33 billion. Pershing is also required to provide the most recent financial information as of this statement mailing. In accordance with this
Page 13 of 19
...02,
Account Number:
Rated [scented Clewing through Pinkly IIC a al*, owned
bay Yew Since 2007 set:oldie/ a me Mak a New Yak Mellon
DALIAR RATED COMMUNICATIONS Corporation (IINY Melon)
CONFID LXCILLINCE hoshint UK. rreentw lmxn. +M_00046535
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009359
EFTA_00I57144
EFTA01289507

Messages (continued)
requirement, note that on July 3t 2018, Pershing's net capital of $2.77 billion was 1.37% of aggregate debit balances and exceeded the minimum requirement by $2.43 billionm./ y
of the June 30 2018 Statement of Financial Condition is available at www.pershing.com/ statement-of-financial-condition. You may also request a free, printed copy by calling
or • option 5.
Although a money market mutual fund seeks to preserve the value of your investment at 41p er share, it is possible to lose money by investing in a money market mutual fund. Shares
of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage
account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC
Rule 101)43( b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Please note that as of November 1, 2016, Deutsche Bank AG will no longer be offering fixed rate certificates of deposit through Deutsche Bank AG New York Branch. Your Deutsche
Bank Investment Specialist will be able to provide you with information regarding alternative instruments offered by Deutsche Bank AG and its affiliates.
Activity Summary oil amounts shown are in Case currency)
Credits linP ence Debits This Period Net This Period Credits Year-to•Dele Debts Year4o•Dete Net Yetto-Date
Securities
Securities Bought 0.90 4,848,319.19 4,848,319.19 0.00 49,757,807.36 49,757,807.36
Securities Sold 880,518.04 0.00 880,518 04 39,893,211.93 0.00 39,893211.93
Total Securities $880,518.04 45.848,319.19 44,967,801.15 $39,893,211.93 439,757,807.36 $135.404.57
Dividends and Interest $161,270.19 $0.00 $161,270.19 $2,251,522.41 $0.00 $2,251,522.41
Distributions $0.00 $0.00 $0.00 $2.717.935.88 $0.00 $2,717,935.88
Fees $0.00 42.00 42.00 $0.00 41,170.00 41,170.00
Taxes Withheld $0.00 $0.00 $0.00 $0.00 47,000.37 47,000.37
Other $0.00 $0.00 $0.00 $0.00 477.65 477.65
Cash
Witlidrawah 9.00 0.00 0.90 0.00 4577,618.24 -4,077,61824
Deposits 141,000.00 0.00 141,000.90 3,197,792 64 0.00 3,197,792.64
Total Cash $141,000.00 $0.00 $141,000.00 $3,197,792.64 44,077,618.24 4879,825.60
Totals $1,182,788.23 45,848,321.19 44,665,532.96 $48,060,462.86 443.843.873.62 44,214,789.24
Page 14 of 19
Account HumbeIr MI
Rabid Esoalent Clewing through Penblin1 1c nikoly evened
L Every Year Since 2007 sobsidiary of The Bank a New Yak Meta
CONFIDO. DALBAR RATIO COMMUNICATIONS CarporatIon (MY Mellon)
()tall INCI Perih nx 11.C. mento FtratA.WilieM- 00046536
CONFIDENTIAL - PURSUANT TO FED. R CRINI. P. 6(e) DB-SDNY-0009360
EFrA_00 I 57 14.5
EFTA01289508

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
September 1,2018 - September 30,2018
SOUTHERN RNA NCIALLW
Transactions by Type of Activity
Rona, Trade,
Settlement Transaction
Date Dale Activity Type Description Quimby Price Acaued interest Amount Cerrenq
Securities Bought and Sold
0911//18 09112/18 PURCHASED EURO 2.513.272.120 1.1600 -1.915.39566 USD
09111/18 09112118 PURCHASED CASINO. GUICHARD- PERRACHON SA ISMS FR001001180 2.500.000.000 100.0600 -11772.11 -2.513,272.12 EUR
F11131.0/1 0 000% 08/0611R EG DTD 08/03/2 UNSOLICITED ORDER -13.683.91 4.921.127 51 USD
VARIABLE RATE AS OF 0911/200
09125/18 09111/18 SOLO ISHARES INC MSCI SOUTH KOREA ETF UNSOLICITED ORDER -13.000 000 67.7735 880.518 01 USD
EWY AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
09/27/18 REINVEST CASH INCOME PM ORGAN FLOATING RATE INCOM E FUND CLASS I 1.224 283 -11,49602 USD
PHSX 330820.5800 SHRS SH RS PURCH. AT $9.39000 RD 09125 PD
09/27/11
Total Securities Bought and Sold
EURO -11,772 11 -2,513,272.12 EUR
TOTAL USG EQUIVALENT -13.683.91 4.921.127.51 USD
US. DOLLARS 0.00 4,046,373.64 USD
Dividends and Interest
09/1 TM 8 BOND INTEREST RECEIVED 100000 CITIZENS COMM UNICATIONS CO SR NT FULLY 35.625.00 USD
174938AW 1 EXCHANGED FROM 17453BAX9 7.125% 031E/9 WE DTD
03/13107 RC 09/14 PD 09115/13
09121/18 BOND INTEREST RECEIVED 2000000 ASSVRANT INC FXD TO FLTG SUB NT 7.000% 70,000.00 USD
0462trAX4 03/21/48 WE DTD 03117/9 CLB RD 09/26 PC 09/17/13
09/21/18 CASH DIVIDEND REC9VED PM ORGAN FLOATING RATEI N COM E FUND CLASS I 11,496.02 USD
PHSX 330820 S800 SHRS RD 09125 PD 0911711
09/28/18 MONEY MARKET FUND CASH AC TR DWSGOVT 8.16792 USD
INCOME RECEIVED
PER232045
09/28/18 FOREIGN SECURITY DIVIDEND 103000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL 35,681.25 USD
RECEIVED TIER 1SECS [SRI U5539439442 7.500% 0/127188 BIEOTD
539139ACA 04107/11 CLB RD 09/26 PD 09127/1
Total Dividends and Interest U.S. DOLLARS 0.00 161,270.19
Fees
09104/18 FOREIGN CUSTODY FEE Fgn Safekeeping AUG 201 CUSP: F9396 ii-13.6 4.00 USD
UBSFF
Total Fees - U.S. DOLLARS 0 00 4.00
Page 15 of 19
Th Accou Iumbet IM RAS (scollent Clewing Isoogh PenlirglIC•Mayeented
L Every Yew Since 2007 sobsidiary a The Bank elle• Vat Melai
CONFID DALBAR ItA110 COMMUNICATIONS CaPoratIon Meson) rs na
LXCILLINCI PeriPinglIC.mer-bn FthRa. tWici kNm—Ouu46537
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009361
EFTA_00157146
EFTA01289509

Transactions by Type of Activity (continued)
Process: Trade,
SrAliment Traerstion
Coate Dote Adivey Type Description Quantity Price Acaued Interest Amount Curren,
Cash Withdrawals and Deposits
09125/18 FEDERAL RINDS RECBVED DEUTSCHE BANK TRUST 09632 72,500.00 USD
USD999997
09/28118 FEDERAL FUNDS RECBVED DEUTSCHE BANK TRUST 336A 68,500.00 USD
USD999997
Total Cash Withdrawals and Deposits- U.S. DOLLARS 0.00 141,000.00
Told Matted Interest Teti Amount
Trasuctionsawaromy Told Accrued Intern( Told Amount Currency DSO Equivelmit USDEquIveleet
EURO -11.772.12 -2,513,272.12 BJR -13,683.91 -2,921,427.51
U.S. DOLLARS 0.00 -1,744,105.45 USD 0.00 -1,744,105.45
The price and quantity displayed may have been rounded.
Cash Not Yet Received
Security Record Date Payable Dale Ouantity Held Rote Dividend Option Amount of Payment
Dividends
GENERAL B.ECTRIC CO COM 09117118 10125/18 25.000.000 0.120000 Cash 3.000.00
Total Cash Not Yet Received $3,000.00
Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the
information.
Fixed Income Analysis
Bond Quality Bond Maturity Schedule
%ot Bond %of Bond
Bond Quality Market Value Markel Value Percent of Fixed Intone Boed Maturity Motel Value Markel Value
A 2,222,100.00 8% M lici 6 months 1,006,300.00 4%
El 7 to 12 months 2,875,045.70 10%
BAA 8,111,250.00 29% I MI
M1to 5 years 3,195,000.00 11 %
BA/ Lower 17,114,474.45 60%
Not Rated 888,550.00 3% ®6 to 10 years 2,957,010.00 10%
El Over 10 years 18,363,018.75 65%
Total 28,396,374.45 100% 0 20 40 60 80 100
Total 28,398,374.45 100%
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Page 16 of 19
Account Number.
Rated ticellent Clewing tlyough PenhinglIC a Say ~ad
trey Yew Since 2007 sataldiary a The Bask el New Yak Melba
CONFIDO' DALIAR IIA TED COMMUNICATIONS Cap:atlas (itly Melba)
LXCILIANCI Pen.i ng 11.C.mer-bn Na RA.
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009362
EFrA_00 I 57147
EFTA01289510

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
September 1, 2018 - September 30, 2018
SOUTHERN FINANCIAL LLC
Client Service Information
Your Imminent Speclakd ZEN Contact Information
MARTIN ZEM AN Telephone Number:
345 PARK AVENUE
NEW YORK NY 10154
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for Mutual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRON IC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Standing Instructions
we are providing the below information on your behalf to allow you to confirm the Standing Instructions on this account. Our records indicate that you previously provided these
Standing Instructions to your Investment Specialist as part of the account opening process or subsequent to opening your account. A standing instruction is an instruction an account
holder gives to their Investment Specialist to permit the withdrawal or transmittal of funds or other assets from the account holder's account at regular intervals, or as needed. The
items included below are both instructions that appear to be third party asset movements. as well as first and third party Journal instructions for accounts that are custodied with
Pershing.
We may remove any standing instructions that have not been used in the past 36 months (except for Automated Clearing House (ACH) which does not expire). You have the ability to
re-establish those instructions through your Investment Specialist.
Please review all the below information carefully. If you have any questions or if any information is inaccurate, please contact your Investment Specialist.
Trarmadion Type RecipieM Name Bast Name Receiving Account Number Start Data Frequency Amount Currency
NON-USO WIRES DEUTSCHE BANK AG, LONDON DEUTSCHE BANK POLSKA SA. ""3035
DEUTGB2L
FED FUND WIRES DEUTSCHE BANK AG LONDON DEUTSCHE BANK TRUST CO. /WEE ""•739
Page — of '9
Account Number
Rated balks, Cladinfolvour 'Want U.C. a %la y owned
L bay Yew Since 2007 subsidiary of The lank or New York Mellon
CONFIDO DALIARPATEDCOMMUNICATIONS Corporation 18NY Mellon)
LXCWINCE P.”11,4ng LK. mnnxt Flt•RA.AWA219M—00046539
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009363
EFTA_00 157 WA
EFTA01289511

Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives asthe result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws. regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents: the
acceptance and, in certain instances. execution of securities orders. the assessment of the suitability of those transactions. w here applicable. the rendering of investment advice.
if any, to you and in general, for the ongoing relationship that it has with you
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance. but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPC®). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection. Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement. to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC. Legal Department:
One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed
• Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents. w itness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason( s) for their award. unless. in an eligible case. a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court
• The rules of the arbitration forum in which the claim is filed. and any amendments thereto. shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action. who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until: (I) the class certification is denied: (II) the class is decertified: or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399;
Page 'e of '5)
Account bled °noon Clewing through Perrin U.C. • +Atoll owned
NSutomabte r w, Every Year Since 2007 sobsidiary of The Bonk a Mew Yorlg Mellon
CONFID DAUIAR PAM COMMUNICATONT CaveratIon (MY Mellon)
L‘Ctlittla Pen.i ng 11.C. meet.. HMV.. PkiPM- 00346540
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009364
EFTA_00157149
EFTA01289512

TERMS AND CONDMONS
TRANSACTIONS • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MILKER, SPECIALIST. ODD LOT DEALER.
• ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY
SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS. CUSTOMS. USAGES. RULINGS AND TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH
INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED.
THE TRANSACTIONS ARE EXECUTED ANDIOR SETTLED. OR IF APPLICABLE. OF THE FINANCIAL • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR
INDUSTRY REGULATORY AUTHORITY AND TO ALL APPLICABLE LAWS AND REGULATIONS. FNANCIAL INSTITUTION OR PERSHNG MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETAILS
• TITLE TO SECURITIES SOLO TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL SHALL REMAIN AVAILABLE UPON REQUEST
WITH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT • A FINANCIAL STATEMENT OF PERSHING IS AVAILABLE FOR YOUR PERSONAL NSPECTION AT
DATE. WHICHEVER IS LATER. PERSHING'S OFFICES. A COPY OF IT WILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN
• YOU MAY HAVE RECEIVED CONFIRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR VIEW IT ONLINE AT WWW.PERSHING.COM.
STATEMENT. IF SO, THE TRANSACTIONS WILL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVV.PERSHING.COM/DISCLOSURES
TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. • THIS STATEMENT SHOULD BE RETANED FOR YOUR RECORDS.
THIS IS ESPECIALLY TRUE IF YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED.
FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES [REGULATION NHS -
FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S RULE 807(AX1)-(2)]
BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT OF ITS BUSINESS.
PERSHING SENDS CERTAIN EQUITY ORDERS TO EXCHANGES. ELECTRONIC COMMUNICATION
DEBIT BALANCES: INTEREST CHARGED ON DEBIT BALANCES IA YOUR ACCOUNT APPEARS ON THE NETWORKS, OR BROKER-DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED
STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIOE PAYMENTS TO PERSHING OR CHARGE
FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST IS ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY
COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON
FINANCIAL INSTITUTION IF YOU DESIRE ADDITIONAL COPIES. WRITTEN REQUEST. PERSHING RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW
MARGIN INFORMATION: IF YOU MAINTAIN A MARGIN ACCOUNT. THIS IS A COMBINED STATEMENT OF TO CERTAIN OPTION EXCHANGES. IN ADDITION, PERSHING ROUTES CERTAIN EQUITY AND OPTION
YOUR GENERAL ACCOUNT AND A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER ORDERS TO ITS AFFILIATE. BNY MELLON CAPITAL MARKETS. LLC. FOR EXECUTION AS PRINCIPAL
REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT COMPENSATION IS GENERALLY IN THE FORM OF A PER OPTION CONTRACT CASH PAYMENT.
RECORD OF THE SEPARATE ACCOUNT AS REQUIRED BY REGULATION T IS AVALABLE FOR YOUR BEST EXECUTION: NOTWITHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER
NSPECTION UPON REQUEST. FLOW, PERSHING SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE.
TAX INFORMATION COUNTER AND EXCHANGE-LISTED SECURITES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS.
TRANSMITTED ELECTRONICALLY UP TO A SPECIFIED SIZE. AND TO EXECUTE THEM AT OR BETTER THAN
• AFTER YEAR END. PERSHING IS REQUIRED TO PROVIDE TA)( INFORMATION TO THE INTERNAL THE NATIONAL BEST BID OR OFFER (NEBO). ON CERTAIN LARGER ORDERS. OR F THE DESIGNATED
REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES. AT THAT TIME PERSHING WILL MARKET CENTERS DO NOT MAKE A MARKET W THE SUBJECT SECURITY. PERSHING DIRECTLY
PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU; USE THAT CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TO
STATEMENT TO PREPARE YOUR TAX FLINGS. THE TAX STATEMENT ALSO INCLUDES OTHER USEFUL WHICH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH
INFORMATION TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS. QUALITY OF THEIR EXECUTIONS IN ONE OR MORE MARKET SEGMENTS AND THEIR ABILITY TO PROVIDE
• DIVIDENDS. MEREST AND OTHER DISTRIBUTIONS SHOWN ON THIS STATEMENT WERE CLASSIFIED OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPERIOR TO THE N880. PERSHNG ALSO REGULARLY
AS TAXABLE OR NONTAXABLE BASED ON CERTAIN INFORMATION KNOWN AS OF THE DISTRIBUTION REVIEWS REPORTS FOR QUALITY OF EXECUTION PURPOSES.
DATE. THIS Cl ASSFICATION IS SUBJECT TO CHANGE AND IS SOLELY INTENDED FOR USE AS
GENERAL INFORMATION.
• PERSHING DOES NOT PROVIDE TAX. INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE
ASSOCIATED WITH PERSHING IS AUTHORIZED TO RENDER SUCH ADVICE. DO NOT RELY UPON ANY
SUCH ADVICE. IF GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEIR TAX ADVISORS TO
DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS.
GENERAL INFORMATION
• WHENEVER YOU ARE INDEBTED TO PERSHING LLC (*PERSHING" FOR ANY AMOUNT, ALL SECURITES
HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR
LIABILITIES TO PERSHING. AND PERSHNG MAY IN ITS DISCRETION AT ANY TIME. WITHOUT TENDER.
DEMAND OR NOTICE TO YOU. CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR
PRNATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS:
ANY BALANCE REMAINING DUE PERSHING TO BE PROMPTLY PAID BY YOU.
• WHENEVER YOU ARE NDEBTED TO PERSHING FOR ANY AMOUNT. ALL SECURITIES CARRIED FOR
YOUR ACCOUNT ARE OR MAY 8E. WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY
PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WILL PERMIT THE
COMMINGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN. EQUAL TO OR
GREATER THAN YOUR LIABLMES TO PERSHING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT
PROHIBITED BY LAW.
F ANY OF Tiff ABOVE TERMS AND COMMONS ARE UNACCEPTABLE TO YOU. REASE NOTIFY PERS-ING IMMEDIATELY IN WRITING EITCERTFED MAIL TOONE PERSHING RAM, JERSEYCITY. Ni 07399. ATM LEGAL DEPT
Page 19 of 19
Account Numbe Wed Imillent Own through PenbkmUCFukoywlwd
acc:E:sx: L bery Yew SInce 2007 sataidiary a The IN* a New Yak Meta
CONFIDOP DALIAR TED COMMUNICATIONS CapotatIon TINY Melo
LTELLMIME PeelI NTL U.C. Nonon) VYIEGM-00046541
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DB-SONY-0009365
EFM_00157150
EFTA01289513

Deutsche Bank dututru• Lint //cant. hg.n.etmtit
Manes Cperatt
Owhiche Ur* Sr:Aydin I5c.
P.O Box 1 7 76, Baltimore, MD 21203 Mtvi Yon CA' e
345 P.n. Atemn.1641. now
Met 34,1
ROM..
tirec
A ugust 1,Nu - A
Account N um ber:
SOUTHERN FINANCIAL LLD
6130 RED HOOK QUARTER B3
ST THOM AS VI 00802
Portfolio at a Glance
Tell Period Yewto-Date
Your Investment Specialist. BEGINNINGACCOUNT VALUE $106,436,131.71 $97,272,547.37
MARTIN ZEMAN Net CaO Deposits and Withdrawals -20,533.71 -1,020,825.60
(212) 250-0432 Adjusted Previous Account Value 105,411,698.00 96,251,721.77
Dividends. Interest and Other Income 553,031.41 2,477,093.01
Total Taxes Withheld 0.00 -7,000.37
Other Transactions 410 -1,245.65
Net Change in Portfolio' 10,110,291 62 17,358,348.27
ENDINGACCOUNT VAU $116,078,917.03 $116,078, 01
Accrued Interest 5309.730 76
Estimated Annual Income 53272.768 01
1 Net Change in Portfoliolathe difference between the ending account value and
beginning account value after activity.
Asset Summary
Natal Asset Type Rbr Ther-End Lad Period TelsPerlod
IN 6% Cash, Money Funds, and Bank Deposits 823,820.96 3,905,773.16 6,945,545.89
• 22% Fixed Income 26,083,479.22 26,892,258.89 25,420,588.34
69% Equities 60,899,388.97 70,674,908.14 79,737,833.97
Es 2% Mutual Funds 3,020,938.22 3,088,811.52 3,099,788.83
1% Exchange-Traded Products 6,444,920.00 874,380.00 875,160.00
100% Account Total (Pie Chart) $97,272,547.37 $105,436,131.71 $116,078,917.03
Please review your allocation periodically with your Investment Specialist.
Page I of 20
Rabid Enyllent Clewing lasough PenligglIC ova* evened
L Even, Year Since 2007 sneakier! of The Malta Mee Yalt Meta
6"6"N F I D D V A IC LB IL A L R I N RA C T I ED COMMUNICATIONS C Pe a r r i p h o n n x t 1 io 1 n .C (I . I n N w Y - M ta e n l lmona) tA.SC44YeteM_00046542
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-00O9366
EFTA_00157151
EFTA01289514

Summary of Gains and Losses
hood
TbisPeriod Year4o-Dele WASS
Short-Term Gain! Loss 319,438.51 1,665,122.64 14,992,999.70
Long-Term Gain/ Loss 47,855.34 2,637,463.78 6,561,027.69
Net Gain/ Loss 367,293.85 4,302,586.42 21,554,027.39
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECEr ) and other credit institutions introduced negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 1399 and/ or 1042 S. These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative Interest rates on additional foreign currency balances.
Exchange Rate Table G ooa Casn
Omenry going Amount in
currency USD Equivalent per US3 currency Bring Base currency USO
EURO 1.1634 0 8595 EURO 434.80 -75.39
HONG KONG DOLLAR 0.1274 7.8487 HONG KONG DOLLAR 183,242.25 23,346.71
JAPANESEYIN 0.0090 110.8700 APANESE YEN 49.00 4.44
POLISH ZLOTY 0.2717 3.8794 Total Global Cash Balance 823,270.68
Exchange rates are based on interbank exchange rates as of 08/ 311 20 18. Exchange
rates can vary.
Money Market Fund Detail
Dote Activity Type Description Mount Bin
Sweep Money Market Fund
CASH AC TR DWSGOVT & AG INSTL
Current Yield. 164% Activity Ending: 08/ 31/18
08101118 Opening Balance 3,808,827.38 3,808,827.38
08/01/18 Deposit MONEY FUND PURCHASE 73,670.00 3,882,497.38
08103/18 Deposit MONEY FUND PURCHASE 88,504.98 3,951,002.36
08108118 Deposit MONEY FUND PURCHASE 1,089,970.60 5,040,972.96
08/10/18 Deposit MONEY FUND PURCHASE 412,499.45 5,453,472.41
08/13/18 Deposit MONEY FUND PURCHASE 102,631.50 5,556.103.91
08115118 Deposit MONEY FUND PURCHASE 204,358.56 5,760,462.47
08/16/18 Deposit MONEY FUND PURCHASE 204,655.84 5,965,118.31
08117118 Deposit MONEY FUND PURCHASE 323,510.56 8,288,828.87
08121/18 Deposit MONEY FUND PURCHASE 305,389.83 6,594,018.70
08122/18 Deposit MONEY FUND PURCHASE 204,631.50 6,708,650.20
Page 2 of 20
Amount Humber
Rated [stollen? Clewing Omagh PaganI IC a *bay owned
L trey Yew Since 2007 sataldlary a The ear* a New Yak Man
CONFIDO. DALIAR MTV, COMMUMCATCNS CaneratfanOINY Mellon)
LXCILIANCI Pelting U.C. ',trete. F ilislAVVELGM-00046543
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DEMSDNY-0009367
EFTA_00157152
EFTA01289515

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
kugust 1,2018 - August 31,2018
SOUTHERN ANA NCIAL LLC
M oney Market Fund Detail (continued)
Oils Activity Type Detaiptimi Amount Blanco
Sweep Money Market Fund (continued)
CASH AC TR DWSGOVT & AG INSTL (continued)
08/28f18 Deposit MONEY FUND PURCHASE 1,590 98 6,800,241 18
08(31/18 Deposit 1NCOM E REINV EST 8,876 32 6.809.117 50
08/31118 Closing Balance $6,809,117.50
Total All Money Market Funds $8,809,117.50
Income and Expense Summary
Current P1004 Yem4o-OM.
foible Non Iambic, Tenth Non Taxable
Dividend Income
Equities 192,720.00 0.00 565,866.93 0.00
Money Market 8,876.32 0.00 38,608.94 0.00
Other Dividends 100,227.31 0.00 756,211.78 0.00
Interest Income
Bond Interest 98,509.71 0.00 613,464.41 0.00
Other Interest 41,540.58 0.00 116,040.16 0.00
Expenses
Withholding Taxes 0.00 0.00 4,000.31 0.00
Fees( Foreign Securities) 0.00 0.00 400.00 0.00
Total Dividends, Interest, Income and Expenses $439,873.90 $0.00 82,082,351.85 $0.00
Distributions
Alternative Investments 0.00 113,157.51 0.00 386,840.79
Other Distributions 0.00 570.78 -77.85 31,095.09
Total Distributions $0.00 $113,728.21 477.65 $417,936.88
Page 3 of 20
Account Number.
Rated ticollent Owing liner Penlikv 11C•wholy evened
(my Yew Since 2007 sataldlarg a TM kelt anew Yalt Meta
CONFIDO' DMIAR RATED COMMUNICATIONS Canceatfon (My Mellon)
EXCWilla PerOing meet, FINRAAPI4YaGM_00046544
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009368
EFTA_00157153
EFTA01289516

Portfolio Holdings
U.S. DOLLARS
Account Welty Opening Accrued Income 30.0ay Current
Opening Dam antsy Number Ending Balance Balana Income DS Year Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Cash Balance 73,670.00 0.00
Margin Balance 0.00 113.15751
Money Market
CAM AC TR DWSGOYT & AGINSTL
08101/18 6,809,117.500 NM 08131118 3.808.827,38 6.809.117.50 1,057.22 38,608.94 1.83% 1.84%
Total Money Market 23,808,827.38 $6,609,117.50 81,057.22 538,608.94
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 23,882,497.38 $6,922,275.01 $1,057.22 538,608.94
Moshe tAweeted Awned Estimated Estimated
Date Acquired Oumtity Unil Onl Cost Beata WON Price Market Value Geinfloss Intern Animal Income Yield
FIXED INCOME (In Maturity Date Sequence)
Corporate Bonds
CITIZENSCOM MUNICATIONSCO 5R Security Wenlifier: V45380/1
NT FULLY EXCHANGE) FROM 174538AX9
7.26% OH/ 9 61E DID 03/23/07M oody Rating CAA1S8 P
Rating Ca+
10103/17 1,000,000.000 100.0390 1.000.391.62 100.3750 1,003,760.00 3,358.38 32.854.17 71,250.00 7.09%
Original Cost Basis:9100100600
EXELA INTER LLC I EXELA FIN INC GTD Security Identifier. 30S2RAA9
FIRST PRIORITY SR SECA NT 414A
9.000% 07I15/238/EDTD 071f27 i7 CLBM oody Rating 8358 P
Rating B
10/24/17 2,000,000.000 97.0250 1,940,506.00 104.7500 2.095,000 01 154,494.01 25,555.55 200,000.00 9.54%
Original Cost Basis: 51940.506 00
07109118 1,000,000.000 102.8140 1,028,137.79 104.7500 1,047 499 99 19,362.20 12377.78 100,000.00 9.54%
Original Cost Oasis: 51028.755.00
Total Covered 3,000,000 000 2,968,643.79 3 142.500 00 173 856.21 38.333 33 300,000 00
Total 3.000.000 000 52,968,643.79 93.142.500 00 5173.856 21 $38.333.33 5300.000.00
SS 'NUTSGM8H GTD SR NT Security Identifier: 429886485
REG 5151111 USA298136A853
7250%04103/24 WE DID 00315158 Piloting 8+
10131117 2,000,000.000 99.0650 1,981.300 00 99.2260 1184.520 00 3 220 00 59 208 33 145,000 00 7 30%
Original Cost Basis: $1981300 00
Page 4 of 20
Account Number
Rated tacile'? Clearing liner Penblin 11C fl ea/ evened
3octs L trey Yew Since 2007 atlas." a The in a New Yak Mellon
CONFIDO. DALIAR MTV, COMMUNICATIONS ca, man)
EXCILIINCI Per I Finx 11.C. mk+-tan an)
CONFIDENTIAL — PURSUANT TO FED. R CRIPA. P. 6(e) DB-SDNY-0009369
EFIA_00157154
EFTA01289517

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
August 1,2018 - August 31,2018
SOUTHERN FlNANCIALLLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued &Slated alimaled
Date Acquired Duality Unit Cost Cod Basis Market Price V at) et ValL e Gain toss Uttered Annual Income Yield
FIXED INCOME(continued)
Corporate Bonds (continued)
DEUTSCHE BANK AG NTS (SINS US25525AM33 Security Identifier 25625AM 3
4 296% 05124/28 81E DTO 05124/13
FOREIGN SECURITY ST CPN DTE11241141oody Rating Ba2 S 8 P
Rating BB*
06101118 1.000.000.000 91.7780 917,776.00 91.4020 914,020.00 -3.756.00 11,575.33 42.960.00 4.70%
Original Cost Basis: $917,776.00
DEUTSCHE BK AG N Y SRN VAR Security Identifier. 256269N8
MHO US25'626BN89 4.875% 2/0932 8/E
DTD 12101117 CALLABLE 2/1127
06101118 1,000,000.000 86.8260 868,256.00 86.7810 867.810.00 -446.00 12,187.50 18,750.00 5.61%
Original Cost Basis: 6868256.00
ASSURANT INC FXD TO MG SUB NT Security Identifier 04620K4
7100% 03/27/48 WE DTD 03/2711
CALLABLE03/27128Q 130 000Moody Raling 8A1
03129118 2.000100.000 101.9920 2,039,833.33 102.0000 2,040,000.00 166 67 59,888.89 140,000.00 6.86%
Original Cost Basis: 52,040,006.00
YUORGAN CHASE 8 CO DEP SHSREPSTG Security Identifier:16625HHA1
111TH PFD SERIFIXED TO FLTG RT BD
5.828% 04/23(58 81E DTD 04123/08M oody Rating BAA3 S 8 P
Rating BBB-
06115111'-J-° 2,500,000.000 107.5000 2,687,500.00 100.7000 2,517 500.00 -170,000.00 12,951.11 145,700.00 5.78%
Original Cost Basis: $2,687,500.00
06/15/11 .-3-t2 2500,000.000 107.0000 2,675,000.00 100.7000 2,517,500 00 -157,500.00 12,951.11 145,700.00 578%
Original Cost Basis: 52,675,000.00
Total Noncovered 5,000,000 000 5,362,500.00 5,035,000.00 .327500.00 25,902.22 291,40010
Total 5,000,000.000 $5,362,500.00 $5.035100.00 -$327.500.00 $25.902.22 $291.400.00
Page 5 of 20
Account NumbellM Rated ticellent Clewing through Pashas U.C. • ably owned
arcs L hely Yew Since 2007 fetid/pry of The Bonk cue New VGA Mellon
CONFIDO DALIAR WED COMMUNICATIONS Corporatfon (IINY Mellon)
LXCILUNCE PerMint llCarcerOff FikitA.Wcqi:t9M-00346546
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009370
EFTA_00IS7 155
EFTA01289518

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Edinsaled
Cate Afanked Cmatny Unit Cost Cod Bain Market Price Market Value Gain loss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
SOUTHERN CAUF EDISON CO PREF SER E Security 'dentKier: 842400FU2
6250% 0717/62 WE DID 071712
CALLABLE02101220 Rating 8M1St. P Rating
MONOMoody
BBB-
01730112 ..332 3,000,000.000 99.8970 2.996.920.25 106.0110 3.180.330.00 183.409.75 15.615.00 187.500.00 5 89%
Original Cost Basis: 62,992,58497
GENERAL ELEC CO GTO FXD-TO-FLIGRT Securdy Identifier:3696048144
NON-CUMULATIVE PERPETUAL PREFERRED
4.000% 12/03/65 REG 010 12J03P6Iloody Rating A3 S& P
Rating BBB*
12/03/15 2,469,000.000 88.0930 2,175,016.17 86.0000 2.172,720 00 -129617 20,849.33 98,760.00 4 54%
Original Cost Basis: 62,175,015.4
LLOYDS BANKING GROUP PLC FX0 RATE RESET Security Identifier: 539439AG4
ADDL TIER 1SEGS ISMS US539439AG42
7.500% 04127188 WE DID 041071% S& P Rating 88-
04110114 1,903,000.000 102.3910 1,948,500.00 103.8780 1,976,798.34 28,298.34 25,373.33 142,725.00 722%
Original Cost Basis: $1946300 00
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier:1296725
5.950% 08/15/88 OlE DM 0814/15
CALLABLE0811420 § 170.0001loody Rating BA2 SS P Rating
BB+
08/06/15 3,000,000.000 100.0000 3,000,005.99 103.4360 3,103,140.00 103,134.01 7,933.33 178,500.00 5.75%
Original Cost Basis: $3,000006.00
Total Corporate Bonds $25,259,143.15 $25,420,588.34 $161,445.19 9309,730.76 $1,646,845.00
25,372,000.000
TOTAL FIXED INCOME $25,259,143.15 $25,420,588.34 $161,445.19 $309,730.76 $1,646,845.00
25,372,000.000
Unrealted EdIrested Blinded
Dale Acquired Quantity Unit Cod Cod Bede Merkel Price Meat Value Gelarlos Maud Income Yield
EQUITIES
Common Stooks
ALBUM GROUP HUM LTD SPONSORED AOR Security Identifier: BABA
ISMS USODO9W 927 CUSP: (509W102
Dividend Opl ion. Cash
06110115 5.000.000 88.9500 114,719.00 175 0100 875.050 00 430.301 00
Page 6 of 20
Account Humber
Rated tactile:at Clewing through PenlivgI 1C nakoly evened
trey Yew Since 2007 Mold's." a me kelt a New Vat Mellon
CONFIDOP PALIARMITO COMMUNKAT IONS CaixwatIon My Mellon)
uaumcc Perchnxil.C. met-tan FtivRAVVVELGM-00046547
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DES-SDNY-0009371
EFrA_00 I 57 I 56
EFTA01289519

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
August t 2018 - August 31,2018
SOUTHERN FINANCIAL=
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Llosealized Estimated Simmer/
Date Acquired Quakily One Oeel Cad Basis Market like Market Value Gainless Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
AMAZON COM INC Security Identifier: AMZN
Dividend Oplion: Cash CUSP. 02313516
03/29/18 500.000 1,423.8620 711,930.80 2.012.7100 1,006,355.00 294.424 20
04/02/18 500.000 1.367.0210 683.510.38 2,012.7100 1.006.355.00 322.844 62
Total Covered 1,000.000 1,395,441.18 2012,710.00 617.268.82
Total 1,000.000 31.395.441.18 $2.012.710.00 3617.268 82 $0.00
APOLLO GLOBAL M GM T LLCCL A SIB Security Wenlifier APO
Dividend Oplion: Cash CUSP. 03762306
26317.00 of these shares are in your margin account
03/29/11 " 3 263,157.000 19.0000 4,999,983.00 34.5300 9.086.811.21 4,086,828.21 489,472.02 5.38%
APPLE INC 00M Security !dandier: AAPL
Dividend Oplion: Cash CUSP:03783310
12107/17 214,000.000 169.8140 36,340,223.40 227.6300 48,712,819.96 12,372,596.56 624,880.00 128%
06/20/18 50.000.000 186.7940 9.339.697.00 227.6300 11.381.500.04 2.041.803.04 146,000.00 128%
Total Covered 264.000 000 45,679,920.40 60.094.320.00 14,414,399.60 770.880.00
Total 264,000 000 $45,679,920.40 $60,094,320.00 314,414,399.60 3770,880.00
BIOGEN IDEC INC COM Security Ideate/et BOB
Dividend Oplion: Cash CUSP. 09062X133
02/14/12 ..3 2,095.000 110.2720 231,019.65 353.4900 740,561.55 509.541 90
CENTENE CORP DB. COM Security Identifier. CNC
Dividend Oplion: Cash CUSP. 4151311
09/08/14 15.550.000 63.6450 989.679.75 146.4800 2,277,764.00 1.288.084 25
GENERAL ELECTRIC CO COM Security Identifier GE
Dividend Oplion: Cash CUSIP. 369604133
25,000.00 of these shares are A your margin account
02/23/18 2,500.000 16.2210 40,551.71 12.9400 32,350.00 1,201.71 1,200.00 3.70%
02/26/18 2,500.000 16.2210 40.551.71 12.9400 32.350.00 1,201.71 1,200.00 3.70%
03/05/18 800.000 16.2260 12,980.63 12.9400 10.352.00 2.628.63 384.00 3.70%
03107118 5.000.000 16.2190 81.097 41 12.9400 64.700.00 -16.39741 2.400.00 370%
Page 7 of 20
Rated Gallen, Clearing through Penh*, LLC. • Say evened
Account INtuemmbel li M fiD L Eery Yea Since 2007 seteldianr of Ile Bask el New Yak Mao
CONFIDE DALIMPATED COMMUNICATIONS Corporation (IINY Melba) ,..... ,,
UMIAK( Peslietttl.C.nerter Firatn.illeril- 00046548
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009372
EFTA_00I57157
EFTA01289520

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrested Ealinated EstImeed
Cate Acquired Oumtky Unk Cori Cost Bair Markel Prim Market V*, Gehrlose MaulIncome Yield
EQUITIES (continued)
Common Stocks (continued)
GENERAL ELECTRIC CO COS (continued)
03112118 2,500.000 16.2210 40.551 71 12.9400 32,350.00 4,201.71 1,200.00 3.70%
03/16/18 11.700.000 16.2190 189.759 90 12 9400 151,398.00 -38.361.90 5,616.00 3.70%
Total Covered 25,000 000 405,493 07 323,500.00 41,993.07 12,000.00
Total 25,000 000 8405,493 07 $323,500.00 481,993.07 $12,000.00
KARYOPHARM THERAPEUTICS INC COM Security Idealdier KPTI
Dividend Option: Cash CUSP. 48576U16
07112118 25,000.000 18.6840 467,106.00 21.0500 528,250.00 59,144.00
NINTENDO LTD ADR Security IdentdiecNTGOY
Dividend Option: Cash CUSP. 654445303
02105118 10,000.000 511910 517,906.00 44.9500 449,500.00 48,406.00 5,027.26 1.11%
Total Common Stocks $55,131,298.05 $76,386,466.76 $21,255,168.71 $1,277,379.28
Preferred Stocks (Listed by expiration date)
GIA AC CAP TR I OW TR FPO SECS SER 2 CPR Security Identifier ALLY PRA
8.25% FRED ORTLY MATY-02/1512040 CALL CUSP. 36160208
ANYTIME025 W130 DAYS BEQNS02/1/13
Dividend Opl ion: Cash
02/22/12 "1 80,000.000 23.5350 1,882,773 60 26.8000 2 144.000 00 261,226.40 157.433 76 734%
Total Preferred Stocks $1,882,773.60 12.144.000 00 $261,228.40 1157.133 76
TOTAL EQUITIES $57,014,071.65 $78.530.466 76 $21,516,395.11 11.434.813 01
limbed Estimated Estimated
Date Acquired 0uantily Unit Cote OW Bads MIMI Rice Markel Value Gatos Annual Income Yield
M UTUAL FUNDS
SSORGAN FLOATING RATE INCOME FUND Security Identifier ,PHSX
CLASS I CUSP. 482t51
Open End Fund
Dividend Option: Reinvest: Capital Gain Option: Reinvest
09/28/17 318.809.777 9.4100 3.000.000.00 9.3700 2.987.247.62 -12,752.38 119,700.31 400%
Reinvestments to Date 12,010.803 9.3890 112,764.76 9.3700 112,541.21 423.55 4,509.58 400%
Total Covered 330,820.580 3,112,764.76 3,099,788.83 -12,975.93 124,209.89
Total 330,820.580 $3,112,764.76 $3,099,788.83 412,915.93 $124,209.89
TOTAL M UTUAL FUNDS $3,112,764.76 $3,099,788.83 412,975 93 $124,209.89
Page 8 of 20
Account tiornbeAi M
Rated Excellent Cleating through PenlengI IC nobly evened
2:c:es- L Every Year Since 2007 satteldiant of The Bank ether Welt Mellen
CONFIDO. Mine MEW COMMUNICATIONS Cerptwatton OM Mellott)
UMW< E Per 'hex C(made thiteStR4VELGM- 00046549
CONFIDENTIAL — PURSUANT TO FED. R CRINI. P. 6(e) DS-SDNY-0009373
EFIA_00 157 I SS
EFTA01289521

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
August 1, 2018 - August 31, 2018
SOUTHERN FIN A N CIA L LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Estimated
DateAtouited Daintily Unit Cost Cost Bans Market Pace Market Value GehrLoss Annual Income Yield
EXCHANGE-TRADED PRODUCTS
ISHARESINC M SCI SOUTH KOREA ETF Sectity Identifier. MY
Dividend Option:Cash:Capital Gain Option. Cash CUSP. 464286772
11103117 13,000.000 75.8460 965,996.98 67.3200 875,160.00 -110,836.98 28,291.14 323%
TOTAL EXCHANGE-TRADED PRODUCTS $985,996.98 5675,160.00 4110,836.98 $28,291.14
Uncoated Awued Sl ated
Cott Bat Martel Value letueal Arnaud Moms
TOTAL U.S. DOLLARS 393,294,251.55 $114,848 278 94 921,554,027.39 6309,730.76 93,272,768.01
EURO
09IMIN Closing Acaled 30-Dry
Description aoanilly Balsas Balance Currenoc Roam Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 44.80 44.80 BUR
-75.39 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 44.80 44.80 EUR 0.00
-75.39 USD 0.00
Est hooted
Description Canning Market Rice Market Value Dunn, Yield
EQUITIES
Common Stocks
UBI SOFT ENTERTAINMENT 11,200.000 92.6600 1,037,792.00 EUR
LINO FRO 00 00 54470 SA MONTREUIL ACT 1,207,36721 USD
Security Id UBI:FR
CUSIP:F9196N126
Total Common Stocks 1,037,792.00 EUR
1,207,367.21 USD
TOTAL EQUIT IES 1,037,792.00 EUR
1,207,367.21 USD
Page 9 of 20
Account Hotel=
c2:co es- NFID ;r As L L _ . h Ra e t l e y d Y ti e c a e r l l S e i n nc t e 2007 i C s l t e a w ld in la g r % y o M f O T O he P a a m g * e N l% N 1 e 1 w C . V n a la t p M re e n te te d
I D a A m LIA n RR ia AIT O COMMUNICATIONS C Pe o r m ch m rtg a L a I. n C ( . I m IN e Y m M be e r l F ee IN ) RA.SPAELGM-00046550
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009374
EFM_00157159
EFTA01289522

Portfolio Holdings (continued)
EURO (continued)
Awned
threat Value Currency lateral
TOTAL EURO 1,037,727.20 EUR 0.00
1,207,291.82 USD 0.00
HONG KONG DOLLAR
(Wine awing Awned 30 •Day
Decoction assay Biwa Uwe Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 183,242.25 183.242.25 HKD
23,346.71 USD
TOTAL CASH, MONEY FUNDS. AND BANK DEPOSITS 183,242.25 183,242.25 HKD 0.00
23,346.71 USD 0.00
Accrued
Market Value Currency lateral
TOTAL HONG KONG DOLLAR 183.242 25 HKD 0.00
23,346.71 USD 0.00
JAPANESE YEN
Opening OoSg Awned 30•Dsy
Decoction Clusellty Balm Una Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 49.00 49.00 JPY
-0.44 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS -49.00 -49.00 JPY 0.00
-0.44 USD 0.00
'Caned
Merkel Value Currency altered
TOTAL JAPANESEYEN 49.00 JPY 0.00
-0.44 USD 0.00
Unreel* Awued Blended
Cod Buis Markel Value deflect Interest Anneal Income
TOTAL PORTFOLIO HOLDINGS - U.S. $93,294,251.55 $116,078,917.03 $21,554,027.39 $309,730.76 $3,272,768.01
DOLLARS
' Noncovered under the cost basis rules as defined below.
Page 10 of 20
Acocunt Number: Rated Eaceilent Claims liner SabinI IC eulogy evened
L Every Year Since 20O7 sabildlarg of The Make/Ma yak Meta
CONFIDO. DALIAR RATED COMMUNICATIONS amparattan (limy Mellon)
EXCILLINCI P ItC.rearto FiaiRatitV Via& 00046551
CONFIDENTIAL — PURSUANT TO FED. R CRINI P. 6(e) DEI-SDNY-0009375
EFTA_00157160
EFTA01289523

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
August 1,2018 - August 31,2016
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as "covered', were identified as securities potentially
subject to the cost basis reporting rules end may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a /399B, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may
be a temporary Incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
/2 Pershing has received updated cost basisinformation, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Holdings Summary by Currency
Exchange•Ttaded
Cottony Cosh Fuld Income Equbin Mutual Funds Funds Total by Olnency
U.S. DOLLARS 6,922,275 25,420,588 78,530,466 3,099,788 875,160 114,848,278 USD
EURO 14 0 1,037,792 0 0 1,037,727 EUR
HONG KONG DOLLAR 183,242 0 0 0 0 183,242 HKD
..11PARESE YEN 49 0 0 0 0 49 JPY
Total USD Equivalent 6,945,646 25,420,588 79,737,833 3,099,788 815,160 116,078,917 USD
% of Allocation 6% 22% 69% 2% 1% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total.
THEAS OF PMCE DATEONLY APPEARS WHEN THE PRICEDATEDGESNOT EQUAL THESTATEM ENT DATE
Page 1' of 20
Account Numb,er:„
Raid EstWlent Gleam. through halms LLC. • Say owned
Every Year Since 2007 sobsidiary a The Bank ea New Yak Melba
C,ONFIDOP OMAR RATED COMMUNICATIONS CaoporatIon (SHY Mao)
EXCELLING( PerI hnx RC. mmtet ONRA.SIAWY01GM-00046552
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009376
EFTA_00157161
EFTA01289524

Portfolio Holdings Disclosures (continued)
Estimated Annual Figures
The estimated annual income (EAI) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant A capital gain or return of principal
may be included in the figures for certain securities, thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income. Bank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution. information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you A summary of this information is available to you promptly upon your written request directed to your introducing firm In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day. increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy, completeness. timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securitiess, and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Page '2 of 20
Account ttitucnbta
Rated Galls. Clewing through Penang U.C. a.ery owned
Gary Year Since1007 so:61414r, of The Bank el New York Mellon
CONFID DALIARIATEDCOMMUNICATIONS Corporation Oltly Melba)
LXCGAINCE firstigat Marring rn.n.ztY€ 11laaWnOuu46553
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009377
EFTA 00157162
EFTA01289525

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
August 1,2018 - August 31,2018
SOUTHERN FlNA NCIAL LLC
Schedule of Realized Gains and Losses Current Period
Dale Date Realized
Desadtion Devoted Acquired Designation deposition Method, Teaesadlon Nudity Ftoteeds Cod Bads Gslo/Los
Short Term
CD PROST SA %ISIS 08102118 04/08/18 Covered Frst In First Out / sat 4,880.000 252,724.71 164,893.33 87,831.38
C00011 08103118 04108/18 Covered First In First Out! SELL 3,972.000 215,724.62 139,947.93 75,776.69
Security Wegner. X0957196 08103118 04/18118 Covered First In First Out! SELL 11.348.000 616,325.03 409,231.79 207,093.24
Total 20,000.000 1,084,774.36 714,073.05 370,701.31
SERVICEMASTER OD HT 08109118 10/18/17 Covered First In First Out! SELL 100.000.000 99,369.00 103,925.15 4,556.15
/0138 BIEDTD 03/02/98 Original Cost Basis: 94,00010
Security Identifier 81780NAB5 08/13/18 1011/117 Covered First In First Out! SELL 200,000.000 197,753.00 207,849.23 -10,096.23
Original Cost BUIS:208,00120
08/14/18 10/18/17 Covered First In First Out! SELL 100,000.000 99,135.00 103,924.35 4,789.35
Original Cost Basis: 94,000 60
08114118 10118117 Covered First In First Out! SELL 100,000.000 98,875.00 103,924.35 1,049.35
Original Cost Basis: 94,000.60
08117118 10119117 Covered Frst In First Out / SELL 200,000.000 196,744.00 207,84911 41,105.71
Original Cost Basis: 206,00342
08/17/18 10/19/17 Covered First In First Out! SELL 100,000.000 98,375.00 103,924.85 -5,549.85
Original Cost Basis: 94.00171
08120118 10/19/17 Covered Fret in First Out / SELL 50,000.000 49.436.00 51,982.29 -2,526.29
Original Cost Basis:52000.85
08120118 10/20117 Covered First in rust Out! SELL 80,000.000 79,097.60 83,144.40 4,046.80
Original Cost Basis:83206.00
08120118 10131117 Covered First In First Out! SELL 70,000.000 69,210.40 12,753.41 4,543.07
Original Cost Basis:72.80100
Total 1,000,000.000 987,995.00 1,039,257.80 -51,262.80
Total Short Term 2,072,769.36 1,753,330.85 319,438.51
Long Term
WASHINGTONMUT NTG S 08/08/18 12/13/13 Noncoveled* I First In First Out / SELL 1,290,000.000 409,935.54 362,080.20 47,855.34
004-RA2 1114PASSTHRU CTFCL C- Original Cost Oasis. 362.08020
B-11AR RATE 6.998%07/25133
Security Identifier 939336520
Total Long Term 409,935.54 382,080.20 47,855.34
Total Short and Long Term 2,482,704.90 2,115,411.05 367,293.85
Page 13 of 20
Account Nurnbe Rated Estrilent Clewing through PenbinglIC nob* evened
L (very Year Since 2O07 sobsidiary of The Basket/4w. Vat Md*
CONFIDO. D V A IC L I B L A L R IN R C A E T ED COMMUNICATIONS C P o T n „ t f o in e s s o 11 to .C n . c rr it e iY rn M bt O • rWoa KirKrIlileceM_000 46554
CONFIDENTIAL - PURSUANT TO FED. R CRIPA. P. 6(e) 0B-SDNY-0009378
EFTA_00157163
EFTA01289526

Schedule of Realized Gains and Losses Current Period (continued)
• Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1988, as
amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as 'covered', were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis
will not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made alter year-end. in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement et year end versus any subsequent reports, including your 1099-8 or online displays you may have available to
you.
When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R.1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities. and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
1 The cost basis of This security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or toss, unless another method was selected at the time of the security disposal, and this may
be reported on the IRSForm 1099-B.
Messages
Although a money market mutual fund seeks to preserve the value of your investment at Viper share, it is possible to lose money by investing in a money market mutual fund. Shares
of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage
account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC
Rule 10 b-'0 ( b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Activity Summary (An amounts shown are in base currency)
Credits ThisPeriod Debits ThisPerio4 Net ThisPeried CleditsYcer4o•Dule DebasYeur4o•Dute Net Yew4o•Dele
Securities
Severities Bought 0.00 -423A76.76 423,476.76 0.00 43,909,488.17 83,909,488.17
Securities Sold 2,929,701 00 0.00 2,929,701 00 39,012,693.89 0.00 39,012,693.89
Page 14 of 20
3tEss
Account Numbs
Rats Etotlitnt Clarks Winer Pallas1 1Cflatly owned
(very Yes, Sins 2007 sabsklass at Theis* a Nat Yen Maas
CONFIDO' DASAR RATED COMMUIRCATIONS Carpostfon (SHY Man)
VICILLINCI Perfhnx 11.C.nitetty
FINIKARNYLEIGM-00046555
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009379
EFrA_00I57I64
EFTA01289527

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
August 1, 2018 - August 31, 20 18
SOUTHERN FINANCIAL LLC
Activity Summary (continued)
CreditsThisPolon Debits ThisPetiori Net NsN IA OiwitsYstr-to-Date DebileYear4o-Dine Net Yerme-Dine
Total Securities $2029,701.00 4423.476 76 $2.506.224.24 $39,012,893.89 433,909,488.17 $5,103,205.72
Dividends and Interest $439073.90 $0 00 $439,873.90 $2,090,252.22 $0.00 $2,090,252.22
Distributions $113,728.27 $0 00 $113,728.27 $2,717,935.88 $0.00 $2,717,935.88
Fees $0.00 44 00 44.00 $0.00 41,168.00 41,168.00
Taxes Withheld $0.00 $0 00 $0.00 $0.00 47,000.37 47,000.37
Other $0.00 $0.00 $0.00 $0.00 477.65 477.65
Cash
Withdlawah 0.00 4,110,504.31 -1,110,504.31 0.00 -4077,61824 .4,077,618.24
Deposits 1,089,970.60 0.00 1,089,970.60 3,056,792.64 0.00 3,056,792.64
Total Cash $1,089,970.60 41,110,504.31 420,533.71 $3,056,792.64 44,077,618.24 41,020,825.60
Totals $4,573,273.77 41,533,985.07 $3,039,288.70 $46,877,674.83 437,995,352.43 $8,882,322.20
Transactions by Type of Activity
Process Tilde
Settlement Transaction
Dote Ode Adivity Type Description Quantity Price Accrued interest Amount Cunene,
Securities Bought and Sold
08106/18 08102/18 SOLD CD PRO,B(7 SA SHS ISMS PLOPTTC00011ALLOCATED ORDER .4,680.000 198.7071 929,294.03 PIN
OTGLF YOUR BROKER ACTED AS AGENT AS OF 08102/ 2013 252,724.71 USD
08107/18 08103/18 SOLD CD PROST SA SHS 'SINS PLOPTTC000 tl ALLOCATED ORDER .15,320.000 199.4626 3,053,622.23 PIN
OTGLF YOUR BROKER ACTED ASAGBIT AS OF08/03/2013 832,049.65 USD
08110/18 08108/18 SOLD WASHINGTON MUT II TG SECS CORP 2004-RA2 RIG 4,290,000.000 87.0000 828.09 412,499.45 USD
WAMU3515294 PASSTHRU CTF CL C41.1Y AR RATE 6198% 07/25133 WE DTD
06/0104 VARIABLE RATE FACTOR 366867890 RBI OAL
47310237
08113/18 08109/18 SOLD SERVICEM ASTER CO NT 7.250%03/0138 WE DM 03/02198 -100,000.000 99.3750 3,262.50 102,631.50 USD
SV18.00 YLD 7311TO RAT
08115/18 08113/18 SOLD SERVICEM ASTER CO NT 7150% 0310138 WE DTO 03/02198 -200,000.000 98.8795 6.605.56 204,358.56 USD
SVM.GD YLD 7359 TO MAT
08116/18 08114/18 SOLD SERVICEM ASTER CO NT 7250%0310138 WE DT0 03/02198 ,100,000.000 99.1410 3,322.92 102,457.92 USD
SV11.GD YLD 7234 TO MAT
Page '5 of 20
Account Herne;
Rated IstvIlent Clewing through PerinlIC a May evened
etc: es Cvtry Yew Since 2007 setalalary of Me Bank el New Yak Melba
CONFIDO' DALIAR RATIO COMAUJNICATIONS Com-oream (MY Wilco)
LICILLINCI PerIhnx 11.C.rnentxt FintA.IIWYLEPA—000 46556
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009380
EFTA_00 I 57165
EFTA01289528

Transactions by Type of Activity (continued)
Process; Trade;
Settlemenl Tranuctkin
Date Dale Adivily Type Description Ouantily Price Acaued Mint Arnnunt Corrency
Securities Bought and Sold (continued)
08/16/18 08114)18 SOLD SERVICE/ ASTER CO NT 7250% 0310138 BIE DTD 03/02198 -100.000.000 98.8750 3.322.92 102.197.92 USD
SVM GD YLD 7.359 TO MAT
08/21/18 08117118 SOLD SERVICEN ASTER CO NT 7250% ON /311 EVE DTD 03/02198 -200.000.000 98.3750 6,847.22 203,591.22 USD
WM GD /ID 7.409 TOMAT
08/21/18 08117/18 SOLD SERVICEM ASTER CO NT 7250% 03/0138 BIE DID 03/02198 -100,900.000 98.3750 3,423.61 101,798.61 USD
WM GD YID 7.409 TOMAT
08/220 08/20118 SOLD SERVICEM ASTER CO NT 7250% 0310138 BIE DTD 03/02198 -200,000.000 98.8750 6.887 50 204.631.50 USD
SVM,GC YID 7.359 TO RAT
08/27/18 08108/18 CANCELLED Sal WASHINGTON M UT MTG SECS CORP 2004 -RA2 II TG 1,290,000 000 87.0000 128.09 412.499.45 USD
W AM U351294 PASSTHRU Cif Cl C-11VAR RATE 6.998% 07/25/336/E DTD
0610104 VARIABLE RATE FACTOR .366817890 REM BAL
4731237 CANCELLED TRADE
08/27/18 08108118 CORRECTED SELL WASHINGTON NUT IiiTG SECS CORP 2001-RA2 M TG -1.290,000 000 87.0000 824.42 110,759 96 USD
W ALI U351294 PASSTHRU Cif CI. C-B-1V AR RATE 6.998% 07/25/336/E DTD
06/0104 FACTOR .365269Ø0O0 REM BAL 4711)713
FACT/CPN CORRECTION VARIABLE RATE CORRECTED CONFIRM
08/30/18 RON/ESTCASH INCOME PM ORGAN FLOATING RATE INCOME FUND CLASS I 1,171.538 -10,977.31 USD
.PHSX 329649.0420 SHRS SH RS PORCH. AT S9.37000 RD 08/28 Pt)
08/3011
Total Securities Bought and Sold
POLISH ZLOTY 0.00 3,982,916.26 PIN
TOTAL USC EQUIVALENT 0.00 1.081.774 36 USD
U.S. COLLARS 34.496.65 1,121,149.88 USD
Dividends and Interest
08/02/18 BOND INTEREST RECEIVED 3000000 SOUTHERN CALIF EDISON CO PREF SERE 6 250% 93.750 00 USD
842400 FU2 0117162 BIE DTD 0117112 Ca RD 07/15PD 081011
08/16/18 CASH DIVIDEND RECEIVED 261000 SHRS APPLE INC COW RD 08113 PO 08/1/1 192.720.00 USD
AAPL
08/16/18 CASH DIVIDEND RECEIVED 3000000 CITICROUP INC FXD RT SR NT PERP CEP RECPT 89,250.00 USO
17296745 5950% 08/5188 WE DID 08/12/15 CM/ RD 08/1 PD 081•6113
08116/18 BOND INTEREST RECEIVED 80000 SHRSC41 AC CAP TR I GTD TR PF0 SECS SER 2 CPtl- 41.540 56 USD
ALLY PRA 125% FRED ORTLY ATY-021512040 CALL ANYTIME025
W/30 DAYSBEGINS0215/Z RD 08/11 PD 08/1/13
08/27/18 BOND INTEREST RECEIVED 490000 WASHINGTON M UT M TG SECS CORP 2004 -RA2 M TG 2.759.71 USD
939336520 PASSTHRU CTF CI. C-B-IVAR RATE 6.998% 07/251336/E DTD
06/0104 RD 07/31P0 08(25/13
Page '6 of 20
AccoumN"~
RiBted Clawing through Penhin LI.C.• Say owned
uae L-- Tarry Year Since 2007 tetaldlary of Ne Usk al~ Yak Mellon
CONFID DAMAR RATED COMMUNICATIONS ~ban (Mir Mellon) arn, f‘a
UMIAK( Psnl.ira ILC.n ,itzA.41"N¥a.w,"-0w46557
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009381
EFTA_00 I57166
EFTA01289529

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
kugust 12018 - August 31,2018
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Roes Trade;
Settlement Transaction
Date Dale Activity Type DesaOtion Ouantily Price Accrued emelt Amount Currency
Dividends and Interest (continued)
08/30/18 CASH DIVIDEND RECEIVED PM ORGAN FLOATING RATE INCOM E FUND CLASS I 10.977.31 USD
.PHSX 329649.0420 SHRS RD 08128 PD 08/ 30/ I
08/31/18 MONEY MARKET FUND CASH AC TR DWSGOVT 8.876.32 USD
INCOME RECEIVED
PER232045
Total Dividends and Interest - U.S. DOLLARS 0.00 439,873.90
Distributions
08/27118 RETURN OF PRINCIPAL 490000 WASHINGTON MUT M TG SECS CORP 2004 •RA2 M TG 570.76 USD
RECEIVED PASSTHRU CTF CLCM-1VAR RATE 6 998% 07/25/338/E DTD
939336S20 06/0104 RD 07/31PD 08/25/8
08/31/18 PARTNERSHIP DISTRIBUTION 26357 SHRS APOLLO GLOBAL MGM T Lit CL A SHS RD 08/4 PD 113,157.51 USD
APO 08/311
Total Distributions- U.S. DOLLARS 0.00 113.728 27
Fees
08/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping JUL 201 CUSP: F9396N-11-6 -200 USD
UWE
08/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping JUL 201 CUSP. X0957E-8.6 •2.00 USD
OTaF
Total Fees - U.S. DOLLARS 0.00 -4.00
Cash W ithdrawals and Deposits
08/02/18 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -25.241.02 USD
USD999997
08/07/18 FEDERAL FUNDS RECEIVED DEUTSCHE BANK TRUST 31325 1.089.970.60 USD
USD999997
08/08/18 OUTGOING NON USD CURRENCY OUTGOING NON USD CURRENCY WIRE POUSH ZLOTY 4.982.916/6 PLN
WIRE CURRENCY -1.085/63.29 USD
PLN999997
Total Cash Withdrawals and Deposits
POLISH ZLOTY 0.00 -3,982,916 26 PLN
TOTAL USD EQUIVALENT 0.00 -1.085,263.29 USD
US. DOLLARS 0.00 1,064,729.58 USD
Page 7 of 20
Account Numbein Rated Gallen, Claim through halms LC. • alb* owned
acme L Eery Vex Since 2007 atlas,o f De Usk OW. Yoh Mellon
CONFIDO DAUM PATILDC0MMUNICA11016 Corponem OM Melba/ ,,,,,..,, L,
EXCULD1a Porlitint UK. reermw lg.:RA.46011cl 32Com _000465513
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009382
EFTA_00157167
EFTA01289530

Transactions by Type of Activity (continued)
Total Accrued Interest Total Amount
TrassaclionsSurantary Total Aotreed !Merit Told Amount Onrency USDEquivalent USDEquivelent
POLISH ZLOTY 0.00 0.00 PIN 0.00 48813
U.S. DOLLARS 34496.65 3.039.777.63 USD 34,496 65 3,039,777 63
The price and quantity displayed may have been rounded.
Cash Not Yet Received
Stagily Ramo Date Payable Ode (Malay Held Rale Dividend Option Amount of Payment
Interest
CITIZENSCOMMUNICATIONSCOSR 08131118 09115118 1.000.000.000 0.035625 Cash 35.625.00
NT FULLY EXCHANGED
Total Cash Not Yet Received 935,625.00
Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the
information.
Fixed IncomeAnalysis
Bond Quality Bond Maturity Schedule
%of Bond
%ol Bond
Bone Guilty Market Value Mutat Villa Percent or Axed income Bond Maturity Market Value Muth Value
I. 7 to 12 months 1,003,750.00 5%
A 2,172,720.00 9%
a 1to 5 years 3,142,500.00 12%
BAA 8,215,330.00 32%
Me to 10 years 2,898,540.00 11%
BA/ Lower 14,164,728.34 56% AEI
I.7] Over 10 years 18,375,798.34 72%
Not Rated 867,810.00 3% ■
Total 25,420,588 34 100%
Total 25,420,588.34 100% 0 20 40 60 80 100
Percentages of bond market values are rounded tot e nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Client Service Information
Your Invedmeat Spedand:ZBI Coated Information
MARTIN ZEMAN Telephone Number:
345 PARK AVENUE
NEW YORK NY 10154
Page 18 of 20
Account Plumbellin.
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CONFID AL DAtIAR Matti COMMUNICATIONS Caoporallan (MY Melba)
ISY EXCIllatta Panting WC. freeman FiralacaRnaGM-00046559
CONFIDENTIAL — PURSUANT TO FED. R CRIK P. 6(e) DB-SDNY-0009383
EFTA_00 I 57 168
EFTA01289531

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
kugust 1,2018 - August 31,2018
SOUTHERN FINANCIAL LLC
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for Mutual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing ads as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the
acceptance and, In certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable: the rendering of Investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Ad.
• Your financial organization's contact information can bet n nh fir page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department,
One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Page '9 of 20
Account Hornbell
Rated hotlient Cleanng through Penh% LC. auk*, evened
L (Teri Year Since 2007 .Mawr of The Bank el /kr. Yak Mellon
CONFIDO. DALBAR RATIO COMMUNICATIONS CarporatIon (MY Mao)
VICILLINCI Perihnx 11.C. nntntatt FINRAVVVELGM—°°° 4 6560
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DI3-SDNY-0009384
EFrA_00 I 57169
EFTA01289532

Important Information and Disclosures (continued)
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents, w itness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reasons) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(Ill) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department. One Pershing Plaza, Jersey City, New Jersey 07399;
Page 20 of 20
Account tiumbil.
Rated banal Oaring Omagh Pashto; LLC. a MS, owned
Uwe bery Yew Since 2007 sotaidlary of The Usk el Mew Vat Mellor.
CONFIDO. MAAR RATED COMMUNICATIONS corootationcour Mellon)
UMW( P.”.P.n.: RC. inter9M1R A, Pkri‘.61‘A-00046561
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009385
EFTA_00157170
EFTA01289533

Deutsche Bank Onanth Dant anther Nth,/ beenegtmeth
leaflets (Carnage eaCthe
Dewnthe Seth 1rneson
P.O. Box 1776, Baltimore, MD 21203 POW Yen Cake
1415 Pot &teeth. )611 Men
Now
Toll' the
Cant
July 1,2018 - July 3 2018
Account Number:
SOUTHERN FINANCIAL LLC
6100 RED HOOK QUARTER B3
ST THOMASVI 00802
Portfolio at a Glance
Ties lirlod Year4o-Dalt
Your Investment Specialist. BEGINNINGACCOUNT VALUE 8102,070,019.45 897,272,547.37
MARTIN ZEMAN NM Cash Deposits and Withdrawals 83,599.81 -1,000291.89
Adjusted Previous Account Value 102,153,619.06 96,272,256.48
Dividends. 'nicest and Ol het Income 265,397.23 1,924,061.60
Total Taxes Withheld -829.93 -7,000.37
Other Transactions 406.00 -1241.65
Net Change in Portfolio' 3,018,451.35 1,248,056.65
61. . "
Accrued interest 5387,652.37
Estimated Annual Income 53,353,485.25
'NW Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Panel Asset 7ype Mar Year-End Lad Period This Period
•
4% Cash. Money Funds, and Bank Deposits 823,820.96 3,505,820.11 3,905,773.16
a
25% Fixed Income 26,083,479.22 25,671,185.00 26,892258.89
57% Equities 80,899,388.97 68,940,091.01 70,674,908.14
3% Mutual Funds 3,020,938.22 3,066,687.33 3,088,811.52
1% Exchange-Traded Products 6,444,920.00 880,230.00 814,380.00
100% Account Total (Pie Chart) $97,272,547.37 8102,070,019.45 8105,436,131.71
Please review your allocation periodically with your Investment Specialist.
Page tot 2'
Rated Excellent Clewing through pealikag EEC a %SW evened
EdNFIDgfilysow--
Every Year Since 2007 sabeldiary a me Malt a Na. Vat Mellen
DALBAR RATED COMMUIIICATIONS CaelearatIon (MY Mika) a A
EXCELLENCE Dertheth 11.C.ninwto fthltA.W1? 11EL IVI-00346562
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009386
EFTA_00157171
EFTA01289534

Summary of Gains and Losses
Realized
This Petiod Yeas-I a-Dele Unrealized
Short-Term Gain/ Loss 119812.90 1245884.13 4.757.371 10
Long-Term Gain! Loss 461.86 2.589.60844 6.692.198 58
Net Gain! Loss 120.374.76 3.935.292.67 11,449,569.68
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB° ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Oaring Closing Amount in
affinity USO Equivalent per UM Olnency Balance Base O1(1111O/ USO
EURO 1.1699 0 8547 EURO -64.80 -7581
HONG KONG DOLLAR 0.1274 78469 HONG KONG OOLIAR 183242 25 23,352.03
JAPANESE YEN 0.0089 111.9200 APANESE YEN 49.00 0.44
POLISH ZLOTY 0.2735 36555 Total Global Cash Balance $23,275.78
RAND 0.0763 13.0946
Exchange rates are based on interbank exchange rates as of 07! 3V 2018. Exchange
rates can vary.
Money Market Fund Detail
Dale Adivily Type Description Amount Balance
Sweep Money Market Fund
CASH ACTR DWSGOVT & AG INSTL
Current Yield 181% Activity Ending: 07! 31/18
06130/18 Opening Balance 3,497,019.18 3,497,019.18
07103118 Deposit MONEY FUND PURCHASE 10,541.40 3.507.560.58
07106118 Deposit MONEY FUND PURCHASE 2.480.00 3.510.040.58
07/10/18 Deposit MONEY FUND PURCHASE 73.052.21 3.583.092.79
07111118 Withdrawal M ON EY FUND REDEMPTION -1,077,644.89 2.505.447 90
07/16/16 Withdrawal MONEY FUND REDEM PTION -313,016 86 2.192.431.04
07/24/18 Deposit MONEY FUND PURCHASE 1,099,929.70 3,292,360.74
07126/18 Deposit MONEY FUND PURCHASE 6,311.03 3.298.671.77
07/30/18 Deposit MONEY FUND PURCHASE 505.550.67 3.804.222.44
Page 2 of V
Account Numba
Rated Catyllent Clown& tint's,. Penh's; LC.* Say °mai
9tC072 . . (very Year Since 2007 subudiary of The In el Na. Yak Melba
C ONFIDO AL DALBAR RATED COMMUNICATIONS Corporation(0NY maw)
P.tv.P.ng tic. rnntry 11liRA.g4111,2PM_00046563
CONFIDENTIAL - PURSUANT TO FED. R. CRAM. P. 6(e) DB-SDNY-0009387
EFTA 0015717?
EFTA01289535

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
July 1,2018 - July 31, 2018
SOUTHERN FINANCIAL LW
Money Market Fund Detail (continued)
Dale Mikity Type Desulptial Mont Balm
Sweep Money Market Fund (continued)
CASH AC TR DWSGOVT & AG INSTL (continued)
07131118 Deposit INCOM E REINVEST 4,604.94 3,808,827.38
07/31118 Closing Balance 63,808,827.38
Total All Money Market Funds $3,808,827.38
icome and Expense Summary
Cviterl Petiod That4a-Date
Taxable Non Taal* Tooth Non Taxable
Dividend Income
Equities 25,374.46 0.00 373,146.93 0.00
Money Market 4,604.94 0.00 29,732 62 0.00
Other Dividends 82,646.55 0.00 656,044 47 0.00
Interest Income
Bond Interest 152,771.28 0.00 516,954.70 0.00
Other Interest 0.00 0.00 74,499.60 0.00
Expenses
W ithholding Taxes 429.93 0.00 -7,000.37 0.00
Fees(Foreign Securities) 400.00 0.00 400.00 0.00
Total Dividends, Interest, Income and Expenses $264,087.30 $0.00 $1,642,477.95 $0.00
Distributions
Alternative Investments 0.00 0.00 0.00 273,683.28
Other Distributions 0.00 539.75 -77.65 30,524.33
Total Distributions $0.00 $539.75 477.65 6304,207.81
Page 3 of 2'
Account Hurnbe Rated Eaceilent Clewing through Pfl CuC..euee evened
C rcoE (my Year Since 2007 sabtldiary of The leek ed New Vat Mellon
CONFIDO. DAtIAR RA TED COMMUNICATIONS Ceoporatton (OM Melon)
UMIAK( Par I hnx U.C.nterto FINRAPPMVELGM—°°° 46564
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009388
EFTA_00157173
EFTA01289536

Portfolio Holdings
U.S. DOLLARS
Account Activity Opening Comp Accrued Income 30-On Current
Opening Da Ouaatily Number Ending Balance San Income Tit is Year Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Cash Balance 0.00 73,670.00
Money Market
CAM AC TR DVISGOVT1 AGI14$ft
06130/18 3,808,827.380 N/A 07/31/18 3,497,019.18 3,808,827.38 0.00 29,732.62 1.81% 1 81%
Total Monsy Market $3,497,019.18 $3,808,827.38 $0.00 $29,732.62
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $3,497,019.18 $3,682,497.38 $0.00 $29,732.62
Adjusted Unegalzed Awned Eillmated Undid
Clete Annulled Ouentity Unit Cod Cost gags Markel Price Midst Value Cialallose folded Maud boom Yield
FIXED INCOMEOn Maturity Date Sequence)
°Asset Backed Securities
WASHINGTON M UT M TG SECS CORP 2004•RA2 Security Identifier 939335520
MTG PASSTHRU CTF CL Cf1-1V AR RATE
6.998% 07125/33 81E DTD 0610104
Factor: 0.3688578 Effective Dale27102/1
Current Face Value: 473,22.358
12/13113 "r t2 1290,000.000 76.5190 362,080.20 93.0280 440201.39 78,121.19 2,759.81
Original Cost Basis: $638.908.71
Total Asset Backed Securities $362,080.20 $440,201.39 878,121.19 $2,759.81 $0.00
1,290,000.000
Total Current Face Value:473,192.356
Corporate Bonds
CITIZENS CON MUNICATIONSCO SR Secuiity Wenlifier: 174538AW1
NT FULLY EXCHANGE FROM 24538AX9
7.25% 031518 8/E DID 03/23/01M oody Rating CAAIS8 P
Rating
10103117 1,000,000.000 100.0450 1,000,449.97 100.5000 1,005,000.00 4,550 03 26.916 67 71,250.00 7.08%
Original Cost Basis: 5100100600
EXELA INTER LLC I DELA FIN INC GTD Secarily Identifier. 3022RAA9
FIRST PRIORITY SR SECD NT 14A
OHO% 0711/23 WE DM 0711212 CLBM oody Rating83SL P
Rating B
10/24/17 2.000.000.000 97.0250 1.940.506.00 103.1250 2.062.500 01 121,994.01 8.88819 200.000.00 9 69%
Original Cost Basis: 51940,50600
07/09118 1.000.000.000 102.8520 1,028,517.00 103.1250 1,031.249 99 2,732.99 4,444.44 100.000 00 9 69%
Original Cost Basis: S1028,756.00
Page 4 of V
Account Nine Rated ticellent Cleanng %Mr PadS LLC nob* evened
? Inci= 00 L bay Year Since 2007 utak:limy a The Melt a New Vat Mete
CONFID DALIARMIT0 COMMUNCATI0NS CarporatIon (IINY Mellon)
trauma 00046565
Perih nx 11.C. mnWon ?MAAR; YaGM-
CONFIDENTIAL — PURSUANT TO FED. R CRI6A, P. 6(e) DB-SDNY-0009389
EFTA_00157174
EFTA01289537

O
Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
July1,2018 - July 312018
SOUTHERN ANA NCIALLLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adiusted Unrealized Accrued Estimated Estimated
Dote Acquired Quantity Unit Cost Cod Bade Market Pike Market Value Gainless lidded Annul Income Yield
FIXED IN COM E (continued)
Corporate Bonds (continued)
EXELA INTER tiC I DELA RN INC GTO (continued)
Total Covered 3,000,000 000 2.969.023.00 3,093,750.00 124,727.00 13,333.33 300,000.00
Total 3100.000.000 $2,969,023.00 33,093,750.00 3124127.00 $13.333.33 3300.000.00
J3SINVTS GM BH GTD SR NT Security Identifier A29866AB5
REG S INN* USA29866AB53
7250% 04/03124 MOTO 04/03/145 & P Rating B•
10/31117 2,000,000.000 99.0650 1,981,300.00 100.2500 2,005,000.00 23,700.00 47,125.00 145,000.00 723%
Original Cost Basis: $1981300.00
DEUTSCHE BANK AG NTS ISINt US25625AM33 Sexily Identifier 25'625AM 3
4 296% 05/24/28 B/E DTO 05/24/13
FOREIGN SECURITY 15T CPN DTE 1124113M oody Rating Ba2 S& P
Rating BB.
05/01118 1,000,000.000 91.7780 917.776.00 91.0240 910.240.00 2.536.00 7,995.33 42.960.00 411%
Original Cost Basis: $917,776 00
DEUTSCHE BK AG N Y BRH VAR Security Identifier 256269118
ISMS US25:626BN89 4.875% 41013281E
VD 2/0117 CALLABLE 2/0127
06/01/18 1.000.000.000 86.8260 868.256.00 88.3870 883.870.00 15,614.00 8,125.00 48,750.00 551%
Original Cost Basis: $868256.00
SERVICEMASTER CO NT 7250%03/0138 B/E Security Identifier 81760NAI3,5
DTD 03/02/98 1ST CFN DTE 09/0198
CPN KIT SEMI ANNUAL ON MAR 01AND SEPOtoody Rating
62 S& P Rating B
10/18/17 500.000.000 519.642.94 100.0000 500.000.00 -19.642.94 15,104.17 36.250.00 725%
Original Cost Basis: 5520.00300
10/19117 350.000.000 103.9300 363.756.47 100.0000 350,000.00 -13,756.47 10,572.92 25.375.00 725%
Original Cost Basis:$354 106 00
10/20117 80,000.000 103.9360 83.14917 100.0000 80.000 00 -3,149 07 2,416.67 5,800.00 7 25%
Original Cost Basis:383206.00
10/31117 70,000.. 103.9390 72,757.56 100.0000 70,000.00 -2,757.56 2,114.57 5,075.00 725%
Page 5 of 2'
Account Numb
Rated banal Charing through halms LC. • May anal
Ever/Yea Since 2007 setaldlary of Ile Usk el Nee York Mellon
CONFID OMAR PAM COMMUNICATIONS Corporation (IINY Melba)
(Antoci Peshattl.C.rnember FIARA.Wri UNM-00046566
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009390
EFTA_00157 175
EFTA01289538

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Awued allmated annulled
Date Acquired Quantity Unit am Oust Bans Market Price Market Value pintos Interest Annual Income Yield
FIXED IN COM E (continued)
Corporate Bonds (continued)
SERVICEM ASTER CO NT 7250%03/01138 FUE (continued)
Original Cost Basis: $72806.00
Total Covered 1,000,000 000 1,039,306.04 1,000,000.00 -39,306.04 30,208 33 72,500.00
Total 1,000,000.000 $1,039,306.04 $1,000,000.00 439,306.04 $30,208.33 $72,500.00
ASSURANT INC FXD TO RIG SUB NT Security Identifier: 0462UAK4
7.000% 03/27/48 B/E DID 03727113
CALLABLE03/27128 0 1) 0.000M oody Riling 8A1
03/29/18 2,000,000.000 101.9930 2,039,868.33 102.0000 2,040,000.00 131.67 48322.22 140,000.00 6.86%
Original Cost Basis: $2.040.005.00
SYORGAN CHASES CO DEP SHSREPSTG Security Identifier: 46625HHA1
TOTH PFD SERIFIXED TO FLTG RT BD
5.828% 04123(58 8/E OW 04123108M oody Rating SAM S8 P
Riling BBB.
06/15/11 .'3 2,500,000.000 101.5000 2,687,500.00 100.4409 2.511.000.00 -176,500.00 404.72 145,700.00 5.80%
Original Cost Basis:52,687.500,00
06/15/11"-n 2,500,000.000 107.0000 2.675.000.00 100.4400 2.511.000.00 -164.000.00 404.72 145.700.00 5.80%
Original Cost Basis: $2,675,000.00
Total Noncovered 5,000,000 000 5,362,500.00 5,022,000.00 -340,500.00 809.44 291,400 00
Total 5,000,000.000 $5,362,500.00 $5,022,000.00 4340500.00 $809.44 $291,400.00
SOUTHERN CALIF EDISON CO PREF SER E Saud y Ident ifier: 842400FU2
6 250% 0117/62 BIE OTC Of flit
CALLABLE 02/0122 0 AO 000M oody Raring BAM St P Retie
BBB-
01/30/12 " 12 3,000,000.000 99.8950 2.996.853.10 196.6250 3.198.750 00 201.896.90 93.750.00 187,500.00 586%
Original Cost Basis: $2892,564.97
GENERAL ELEC CO GTD FXD-TO.FLTGRT Securely Identifier: 369604BM 4
NON-CUMULATIVE PERPETUAL PREFERRED
4 000% 4/03/65 REG DID 12/03/5 Moody Rating A3 S8 P
Rating BBB,.
12/03/15 2.469.000.000 88.0930 2.175.016.17 90.0000 2.222.100.00 47.083.83 12.619.33 98.760.00 4.44%
Original Cost Basis: $2,175.01. 17
LLOYDS BANKING GROUP PLC FXD RATE RESET Securely Identifier: 539439AG4
*DIX TIER 1SECS 'SIN. US539439AG42
7.500% 04/27/888/E DID 04107/10S 8 P Rating BB-
04110114'3,° 1,903,000.000 102.3910 1.948.500 00 103 2500 1.964.847.50 16.347.50 13.479.58 142.725 00 7 26%
Page 6 of 2 '
Account NumbeS
Rated Enellent ClewmgdwourPershowlMatAWhaned
UCO7 bey Ye4t Since 2007 sabldimeydneUMONmYodtMellon
CONFIDO L OMAR WED COMMUNICATIONS OmmeallimOMYMAm)
EXCUSUICI hisitint UC. tort., FinftADIT sXD/yNGMy:000000496359671
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e)
EFTA_00157176
EFTA01289539

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
July 1, 2018 - July 31, 2018
SOUTHERN RNA NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Jniealized Accrued Estimated Estimated
Cate Acquised Ousatity Unit Cod Cod Bris Medd Prix Market value Gettig-ars Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
LLOYDS BANKING GROUP PLC FXD RATE RESET (continued)
Original Cost Basis: $1948.500.00
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier:172967325
5.950% 0815188 WE DTO ONE/ V
CALLABLE0811429 VO 000M oody Rahog 8742 S P Roblin
BB*
08108115 3,000,000.000 100.0000 3,000,005.99 103.5500 3,108,500.00 106,494.01 82,308.33 178,500.00 5.74%
Original Cost Basis: $3.000,006.00
Total Corporate Bonds $26,298,854.60 $26,452,057.50 $153,202.90 5384,892.56 $1,719,345.00
26,372,000.000
TOTAL FIXED INCOME $26,660,934.80 $26,692,258.89 $231,324.09 $387,652.37 $1,719,345.00
27,662,090.000
Untested &Sled Edinuted
Ode Acquired Quantity Una Cod Cod Bale Mickel Pike Market Value Celakoss Armed WNW Add
EQUITIES
Common Stocks
ALIBABA GROUPHLDG LTD SPONSORED ADR %unity Identifier BABA
USO 509W 27 CUSP:060915102
Dividend Option: Cash
06110115 5.000.000 88.9500 444,749.00 187.2300 936.150 00 491.401.00
AMAZON COM INC Securily Identifier: MIN
Dividend Option: Cash CUSP:02313M
03129118 500.000 1,423.8620 711,930.80 1,777.4400 888,720.00 176,789.20
04102118 500.000 1,367.0210 683,570.38 7,777.4400 888,720.00 205,209.62
Total Covered 1.000.000 1,395,441.18 1,777,440.00 387.998.82
Total 1.000 000 $1.395,441.18 51.777.440.00 5381.998.82 $0.00
APOLLO GLOBAL MGM T (LC CL A SHS Security Identifier APO
Dividend Option: Cash CUSIP 03764306
263%7.00 of these shares ale io your margin a unt
Page 7 of 2'
Account Numb Rated Caceiltnt Clewing through Peale% LLC. aulayievnted
r vtoz Every Year Since 2007 sateldiery of nit leek et New York Mellon
CONFIDO. DIallAR RATED COAiMutlICATIONS Cenceettan (MY Mellen)
VICILLINCI ittelhne 11C. trerlatt Fieata.61VVELGM-00046568
CONFIDENTIAL - PURSUANT TO FED. R CRilt,I. P. 6(e) DI3-SDNY-0009392
EFrA_00157177
EFTA01289540

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Whaled
Dale Acquired Quantity Unk Cod Cost Bale Market Price Market Value Orinoco Annual Income Yield
EQUITIES {continued)
Common Stocks (continued)
APOLLO GLOBAL Al GM T LLC CL ASK (continued)
03/29/11 '.13 263.157.000 19.0000 4.999.983.00 35.5000 9.342.073.50 4.342.090 50 513.156.15 5.49%
APPLE INC COM Security Identifier. AAPL
Dividend Oplion: Cash CUSIP: 037833t0
12/07/17 214,000.000 169.8140 36.340.223.40 190.2900 40.722.059.97 4,381,836.57 624,880.00 1.53%
06/20/18 50,000.000 186.7940 9,339,697.00 190.2900 9.514.500 03 174,803.03 146,000.00 1.53%
Total Covered 264.000.000 45.679.920.40 50,236,560.00 4,556,639.60 770,880.00
Total 264.000.000 $45,679,920.40 $50.236,560.00 $4,556.639.60 $770.880.00
BIOGEN IDEC INC COM Security Identifier. BUB
Dividend Oplion: Cash CUSP:09052KM
02114112' 2.095.000 110.2720 231.019.65 334.3700 700,505.15 469.485 50
CENTENE CORP DB. COM Security Identifier, CNC
Dividend Option: Cash CUSP: t11.5691
09/08/14 15.550.000 63.6450 989.679.75 130.3300 2.026.631 50 1,036.951 75
GENERAL ELECTRIC CO COM Security Identifier. GE
Dividend Oplion: Cash CUSIP. 369604 03
25.000.00 of these shares are le your margin account
02123118 2,500.000 16.2210 40.551.71 13.6300 34.075.00 4,476.71 1,200.00 3.52%
02/26/18 2.500.000 16.2210 40.551 71 13 6300 34.075 00 847671 1,200.00 352%
03105118 800.000 16.2260 12,980.63 13.6300 10,904.00 -2,076.63 384.00 3.52%
03/07/18 5,000.000 16.2190 81,097.41 13.6300 68,150.00 -12,947.41 2,400.00 3.52%
03112118 2.500.000 16.2210 40.551.71 13.6300 34.075.00 4.476.71 1,200.00 3.52%
03/16/18 11.700.000 16.2190 189.75910 13.6300 159,471.00 -30188.90 5.616.00 3.52%
Total Covered 25,000 000 405.493.07 340.750.00 44,743.07 12,000 OD
Total 25,000-000 $405,493.07 $340,750.00 464,743.07 $12,000.00
KARYOPHARM THERAPEUTICS INC COM Security Identifier. KPTI
Dividend Oplion: Cash CUSP 48576U116
07/12/18 25,000.000 18.6840 467,106.00 17.7800 444.500.00 .22,606.00
NINTENDO LTO ADR Security Identifier: NTDOY
Dividend Oplion: Cash CUSIP:654445303
02/05/18 10,000.000 51.7910 517,906.00 42.6700 426,700 00 -91,206.00 5,027 26 1 17%
Total Common Stocks $55.131.298.05 $66.231.310.15 817,100,012.10 $1,301,063 41
Page of 2
Account Humber
Rated Iityllent Charm. tirough Penaing LC. a **at owned
. Every That Since 2007 satsidiary of The Bank el New York Mellon
CONFIDg DALIAR PATIO COMMUNICATIONS Ceeporatfon (MY Melba)
EXCIILLOICE Itratint meter FINItA.Wcilha," 00046569
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009393
EFTA_00 I 57 178
EFTA01289541

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
July 1,2018- July 31,2018
SOUTHERN FlNA NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Jniealized Estimated Estimated
Clete Acquired Nudity link Col Cod Bads Mild Price Market Value Ceintloss Annual Income Yield
EQUITIES (continued)
Preferred Stocks (Usted by expiration date)
GAIAC CAP TR 'GTO TREED SECS SER2 CP11. Secarity Identifier ALLY PRA
8.115% FRED ORTLY MATY-02/15/2040 CALL CUSP. 36160206
ANYTIME025 V4130 DAYS BEGINS02/S/S
Dividend Option: Cash
02/22/12-•° 80,000.000 23.5350 1,882,773.60 26.5700 2,125,600.00 242,826.40 152,329.04 7.16%
Total Preferred Stocks $1,882,773.60 $2,125,600.00 $242,826.40 $152,329.04
TOTAL EQUITIES $57,014,071.65 $88,368,910.15 $11,342,838.50 91,453,392.45
Unedited Stifled Estimated
Ode Acquired Deathly I.MII Cod Cod Bait Market Price dirket Value GalarLas Annual Income nerd
M UTUAL FUNDS
/MORGAN FLOATING RATE INCOME FUND Security {daintier SHSX
CLASS I CUSIP.48121.510
Open End Fund
Dividend Option: Reinvest; Capital Gains Option: Reinvest
09128/17 318,809.777 9 4100 3,000,000.00 9.3700 2 987 247 60 -12,752.40 118.689.69 3 97%
Reinvestments to Date 10,839.265 9.3910 101,787.45 9.3700 101.56392 423.53 4,035.35 397%
Total Covered 329.649 042 3,101,787.45 3,088,811.52 -12,975.93 122.725 04
Total 329,649 042 $3,101,787.45 $3.088.811.52 412,975.93 3122.725.04
TOTAL M UTUAL FUNDS $3,101,787.45 $3.088,811.52 412,915.93 3122.725.04
Umeallidd Estimated Edintaled
Date Acquired Quantity WI Cod Cad Bads Markel Pike Market Value Gab/Loss Annual Income Yield
EXCHANGE-TRADED PRODUCTS
ISHARESINC M SCI SOUTH KOREA ETF Security Identifier PM
Dividend Option: Cash; Capital Gains Collin' Cash CUSP. 464286772
11/03/17 13,000.000 75.8460 985,996.98 67.2800 874,380.00 -111,616.98 28,291.14 323%
TOTAL EXCHANGE-TRADED PRODUCTS $985,996.98 9874,380.00 4111,616.98 $28,291.14
Unseated Accrued Estintated
03d Bads Mild Value Callon rattled Annual Income
TOTAL U.S. DOLLARS $91,645,288.26 $103,094,857.94 $11,449,569.68 $387,652.37 $3,353,486.25
Bkeeil Page 9 of 2'
401011116IIS Rithed ticollent Clearing *rough FenianI IC avoid,' evened
EUNFID
Every Year Since 2007 Maid's." a The Mak a New Yak Mellon
DM AR RA TED COMMUNICATIONS CarporatIon (MY Mellon)
EXCILUNCI Perihnx 11.C.nwelber FINRASWM- 00046570
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009394
EFTA_00157179
EFTA01289542

Portfolio Holdings (continued)
EURO
Crning ClouIng Acaved 30.Oay
Desaption Oenlily Balance Banco Currency Inas Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 44.80 44.80 EUR
•75.81 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 44.80 44.80 EUR 0.00
45.81 USD 0.00
Sainted
Description Corny Merkel Pria Musket Value pliancy Yield
EQUITIES
Common Stocks
UBI SOFT ENTERTAINMENT 11,200.000 94.4400 1,057,718.00 EUR
1868FR0000054470 SA M ONTREUll ACT 1,237,435.99 USD
Security Id unifier: UBI:FR
CUSP. F93961416
Total Common Stocks 1,057,728.00 RIR
1,237,435.99 USD
TOTAL EQUITIES 1,057,728.00 EUR
1,237,435.99 USD
Acaued
Merkel Value Currency Intend
TOTAL EURO 1,057,663.20 EUR 0.00
1,237,360.18 USD 0.00
HONGKONG DOLLAR
opting Closing Atoned 30-Day
Description (Seethe Balance Balance Omen" Inane Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 89,842.25 183,242.25 HIM
23,352.03 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 69,642.25 183,242.25 HKD 0 00
23,352 03 USD 000
Acaued
Musket Value Canna Interest
TOTAL HONG KONG DOLLAR 183,242.25 HKO 0.00
23,352.03 USD 000
Page 10 of 2'
Account NumtatilM Rated hortlent Clewing through Pershing LLC, a voilayevnted
?toy L (rely Year Since 2007 Sniffle., a The Mak a We Yak Melba
CONFIDO. DALIAR RATIO COMMUNICATIONS CarpontIon(ONY Mellon)
LICILL INCE PerI hnx 11.C. FtratActiVitecGM—00046571
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DEI-SDNY-0009395
EFTA_00157180
EFTA01289543

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
July 1, 2018 - July 31, 2015
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
JA PAN ESE Y EN
CP11669 Going Awued 30.04
Desaiphon Beta Wm Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 49.00 49.00 JPY
-0.44 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 49.00 49.00 JPY 0.00
-0.44 USD 0.00
Acaved
Musket Yalu, Cimino/ weed
TOTAL JA PA NESE YEN 49.00 JPY 0.00
0.44 USD 0.00
POLISH ZLOTY
Eillnuted
Desaiplion CkeinIty Nadal Prke Market Wine Carew YINd
EQUITIES
Common Stocks
CD PROST SA SliS 20000 3,950,000.00 PIN
ISDN PLOPITO30011 1,080,562.00 USO
Security Ideetifier.OTGLF
CUSP. X0957106
Total Common Stocks 3,950,000.00 PIN
1,080,562.00 USD
TOTAL EQUITIES 3,950,000.00 PIN
1,080,562.00 USD
Awued
Market Value Currency Interest
TOTAL POLISH ZLOTY 3,950,000.00 PLN o00
1.080.582.00 USD o 00
Unreel:0d Accrued Blinded
03d Mk Market Value Golalloss Interest Mewl Income
TOTAL PORTFOLIO HOLDINGS - U.S. $91,845,288.28 2105,436,131.71 211,449,569.68 2387,652.37 23,353,486.25
DOLLARS
Page 11 of 21
Account ,77berISI
ticellent Clare...through Peal*.1 1C•aapronwel
L Every Yew Since 2007 sataldiary a The Mak elllaw Vat Mellon
CONFIDOs DALIARIATED COMMUNICATIONS CarporatIon (MY Mellon)
uctuoicr
Perihnx 11.C.nytt-tan
FtiveAVVVELGM-00046572
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009396
EFTA_OOI57I 81
EFTA01289544

Portfolio Holdings (continued)
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non.U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as "noncovered". Securities marked as "covered", were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1099.8 for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
e The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face
amount of the security. Factors may changeover time and are obtained from sources we believe to be reliable
° Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
13 The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Holdings Summary by Currency
ExchangeTraded
Omen, Cash Fired Income Equities mutusi Funds Funds Total by Oaring
U.S. DOLLARS 3,882,497 26,892.258 68,356,910 3,088,811 874,380 103,094,857 USD
EURO 44 0 1.057.728 0 0 t.057.663 EUR
HONG KONG DOLLAR 183,242 0 0 0 0 183,242 HKO
JAPANESE YEN 49 0 0 0 0 49 JPY
POLISH ZLOTY 0 0 3,950,000 0 0 3.950,000 PIN
Total USD Equivalent 3,905,773 26.892,258 70.674.908 3.088.811 874.380 105.436.131 USD
% of Allocation 4% 25% 67% 3% 1% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total.
THEASOF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE
Estimated Annual Figures
The estimated annual income (EAI) and estimated annual yield ( EA Y ) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
Page '2 of 2'
Account Numbe Rated [smiler., Cleanng through hakes LC. • Say anti
ItCti`t )2: L-- bey Yew Since 2007 setaldiary of me Usk N New Vat Mellon
CONFIDO' DALIAR WED COMMUNICATIONS Corporation (Ely Mew)
UCILLUKt Positing UK. merter Pkilliia.GM-00046573
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009397
EFTA_00 I 57 182
EFTA01289545

PA Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
July 1, 2018 - July 31, 2018
SOUTHERN FlNA NCIAL LLC
Portfolio Holdings Disclosures (continued)
Estimated Annual Figures (continued)
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities. thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions. Money Market Fund dividend income. Bank Deposit interest income. or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts. please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions. regardless of the cause. or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Page '3 of 2'
Account Number: Ram timilent Clewing Heater Pashas LC. • k•A•ti owned
CON fray Year Since 2007 sobsidiary of TM Usk el Mew 'fort Mellon
FIDO. OMAR MITO COMMUNICATIONS OnotatIon (MY Mellon)
EXCULINCI Per Oinx 11.C.rnet-to IthRA.%WiLka.GM-00346574
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009398
EFTA_00 I 57 I 83
EFTA01289546

Schedule of Realized Gains and Losses Current Pe iod
Date Dale Realized
Desolation Disposed Acquked Designation Cispodlion Method! Traoadion Quantity Proceeds Cod Bads Gain:Loss
Short Term
NWERS LIMITED LTD 0705/18 12112117 Covered first In First Out! SELL 2.000 000 504173 64 516,820 51 -12,246.87
005889
Security Identifier 55343593
SOUTH AFRICAN RAND C 07/25/18 07125118 Nonmetal* first In First Out! SELL 6168196.590 505,55017 50417314 977.03
Security Identifier. ZAR999996
ALPHABET INC CAP STK 07120/18 04102118 Covered first In Fed Out! SELL 1.000100 1.122.873.40 1,004,634.49 118.23811
Security Identifier 02079K97
PUT ALPHABET INC CL 07/23/18 05122118 Covered first In First Out / WIRE OPT SHT -10.000 12.943.83 0.00 12,943.83
D25.00
Security Identifier. 990AM 8601
Total Short Term 2.145 941 54 2,026,028.64 119,912 90
Long Term
WASHINGTON MUT MTGS 07/25/18 12/13/13 Noncovered'' REPYMT OF PRIN 1.290,000 000 1,966 95 1,505.09 461.86
004-RA2 MTGPASSTHRU CTFCL C- Original Cost Basis:1506.09
B•1V AR RATE 6.998%07/25133
Security Identifier 939336520
Total Long Term 1.966.95 1,505 09 461.86
Total Short and Long Term 2.147.908.49 2.027.533.73 121374.76
Date Dale Realized
Description Disposed Acquired Designation Disposition Method r Dansadion Quantity Proceeds Cod Basis Oaintoss
As of Trades
HONG KONG DOLLAR CUR 06/11/18 12121117 Nonoovered' Versus Purchase! SELL 35,044.370 4,465.07 4,483.15 .18.08
Security Identifier. 111(0999999 06/11118 05102118 Noncovered' Versus Purchase! SELL 7,738.030 985.92 985.77 0.15
06111/18 05102/18 Noncovered' Versus Purchase! SELL 10.014.150 1,275.92 1,275.74 0.18
06/11/18 06105118 tioneoyeted. Versus Purchase! SELL 7.738.030 985.92 985.84 0.08
06/11/18 06/11/18 Noncovered' Versus Purchase! SELL 1.902.365.420 242.384.32 242.441.46 47.14
08/11/18 06111118 Noncovered' Versus Purchase! SELL 2,839,974.790 361.847.07 361,932.38 15.31
06111/18 06111118 Noncovered' Versus Purchase! SELL 1.697.089.980 216,229.75 216,280.73 40.98
06111118 06/11/18 Noncovered' Versus Purchase! SELL 2,577,887.920 328,454.04 328,531.47 -77.43
06/11/18 06/11/10 Noncovered' Versus Purchase! SELL 2.140.921650 272.779.77 272,844.08 44.31
06/11/18 06/11/18 Noncovered' Versus Purchase! SELL 1,895,607.510 241,523.28 241,580.22 46.94
06111/18 06111/16 Noncovered' Versus Purchase! SELL 876,585.300 111,687.55 111,713.88 -26.33
06/11/18 06/11/18 Nonoovered' Versus Purchase! SELL 2.532.555.050 322,678.08 322,754.16 -76.08
06/11/18 06111/18 Noncovered' Versus Purchase! SELL 1.683.744.780 211,981.15 212,031.14 49.99
06/15/18 06/15/18 Nonoovered- Versus Purchase! SELL 982.444.650 125.136.24 125.163.35 -27.11
Page 14 of V
Account Numb
Rated Excellent Clewing through PenhieglIC. a *lay ~ad
9tCtin L-- Every Year Since 2007 sabsidiary of The Mak at New Vat Mellor.
C ONFIDO DALBAR Mit° COMMUNICATIONS CarporatIon (OM WNW
LXCILLINCI Per tin 11.C.nwt-bn Itt.U.g4q2PM- 00346575
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009399
EFTA_00 157184
EFTA01289547

a
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
July 1,2018- July 31,2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Current Period (continued)
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 201i in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as 'covered", were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account. we may markthe account as noncovered. However, if the account does not receive a 10998, the cost basis
will not be reported to the IRS
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes. especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition. corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information.as it relates to corporate actions. has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1399-8 or online displays you may have available to
you
W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRSor other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election. type of fixed income security. and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds, bonds sold short or bonds issued with less t han one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
' The cost basis of this security has been provided Co us by you or your introducing firm and Pershing makes no representation ask, the accuracy of this inf ormation.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may
be reported on the IRSForm 1099-B
M essages
Although a money market mutual fund seeks to preserve the value of your investment at S1per share, it is possible to lose money by investing in a money market mutual fund. Shares
of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage
account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC
Rule 10 b-13( b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Page '5 of 2'
Account Number...
Rated Excellent Clasen.R acier Persian LC. a ~gowned
'NOV Every Year Since 2007 saandlary al The lank a Nov York Mellon
CONFID DM AR RATED COMAWNCATI0NS Corporatton(ativ Man)
EXCELLENCE Anthem rren-nan ne,RA.PkiY,EPM_00046576
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009400
EFTA_00 157 185
EFTA01289548

Activity Summary (All amounts shown are in base currency)
Claes TNsPeilod Debits ThisPerlod Net IbisPoilod CridlleYem4o-Dale Deal:Marti-Dote Net Yeet-lotate
Securities
Securities Bought 9.00 .1,663,727.44 .1,553,727.44 0.00 .33.486.011 41 .33,486,011.41
Securities Sold 2,110,054.01 0.00 2,110,054.01 36,082,992.89 0.00 36,082,992.89
Total Securities $2,110,054.01 41,553,727.44 $556,326.57 $36,082,992.89 433.486.011 41 $2,596,981.48
Dividends and Interest $265,397.23 50.00 $265,397.23 $1,650,378.32 $0 .00 $1,650,378.32
Distributions $539.75 $000 $539.75 52,604,207.61 $0.00 52,604,207.61
Fees $0.00 -$506 00 4506.00 $0.00 41,164.00 41,164.00
Taxes Withheld $0.00 4629 93 4829.93 $0.00 47,000.37 47,000.37
Other $0.00 $0 00 $0.00 $0.00 477.65 477.65
Cash
Withdrawals 9.00 0.00 9.00 0.00 -2,967,113.93 -2,967,113.93
Deposits 83,599.61 0.00 83,599.61 1,966,822.04 0.00 1,966,822.04
Total Cash $83,599.61 $0.00 $83,599.61 $1,966,822.04 42,967,113.93 41,000,291.89
Totals $2,459.590.60 41,555,083.37 $904,527.23 $42,304,400.86 436,461,367.36 $5,843,033.50
Transactions by Type of Activity
Process Dade
Settlement Transaction
Dote Dote Activity Type DesalptIon Goatee Prim Awued lateral Amount twenty
Securities Bought and Sold
07111/18 07109118 PURCHASED EfELA INTER LLC f DELA AWING GTO FIRST PRIORITY SR %CD 1,909,900.000 102.8750 48.888 89 -L017,644.89 USD
Elal45141N NT 114A 11000% 07P6123 81E DTD 0712/4 ClB YLD 9.47 TO
PAR
07116/18 07/12118 PURCHASED KARYOPHARM THERAPEUTICS INC CON UNSOLICITED ORDER 25,000.000 18.6440 467,106.00 USD
KPH AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
07/23/18 YOUR OPTION ASS GNED CALL DO ALPHABET INC CLC EKP 07.20.5 41110 GOOG 10.000 0.00 USD
990AM BOOB CLOSING TRANSACTION
07/23/18 YOUR OPTION WIRED PUT HO ALPHABET INCUCE/207-20-11(312250000 10.000 0.00 USD
990AM 8601 CLOSING TRANSACTION
07/24/18 07/20/18 SOLD ALPHABET INC CAP STK CL C ACCT OPT ASSIGNED OPTCUSIP -1.000.000 1.100.0000 1.099.929.70 USD
GOOG NOAH860H
07130/18 07126/18 SOLD RAND 4,668,596.590 13.1907 505,550.67 USD
Page 16 of 21
Account Numbs-11M
Rated Cioalent Clewing *roar Pate, IIC a wiepreved
RCM L Every Year Since 2007 subsidiary a The Mak a New Yak Meta
CONFIDO. DALIAR RATED COMMUIIICATIONS CarpotatIon (OM Mellon)
LXCILLINCI P U.C.ertn—bn FilislAVVVELGM-00046577
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DE1-SDNY-0009401
EFTA_00 157186
EFTA01289549

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
July 1, 2018 - July 31, 2018
ertlITle FMK] CIAIA NINA' iir
Transactions by Type of Activity (continued)
Proceed Trade;
Settkmenl Trance:Hon
Date Dale AclivRy Type Desaiption Duality Price Accrued Interest Amount Corrency
Securities Bought and Sold (continued)
07130/18 07/25/18 SOLD NASPERS LIM 'TED LTD INNS ZAEDO 00 16889 ALLOCATED -2100.000 3.335.0004 6.668.596 59 DR
NAPRF ORDER YOUR BROKER ACTED AS AGENT AS OF 07125/201 504,573 64 USD
07/30/18 REINVEST CASH INCOME .PMORGM FLOATING RATEI H COM E FUND CUSS I 958.010 4.916 55 USD
PHSX 3286910320 SIRS SIRS PURCH. AT 59.37000 RD 0712/3 PO
07130113
Total Securities Bought and Sold
U S. DOLLARS -41888.89 51.752 93 USD
RAND 0.00 6,668,596.59 ZAR
TOTAL USC EQUIVALENT 0.00 504.573.64 USD
Dividends and Interest
07/05/18 FOREIGN SECURITY DIVIDEND HS8C HOLDINGS @ PL o C l O RD SHS IS NO G80005405286 RD 05/1 -24,800.000 2.480.00 USO
RECEIVED PD 07105/1 DIV
HBCYF
07/1018 BOND INTEREST RECEIVED 3000000 URA INTER LLC I BRA RN INC GTD FIRST 150.000.00 USD
30 '62RAA9 PRIORITY SR SECO NT 414A D 000% 07111238/E DTD 0714117
CLB RC 06/29 PD 07/15/1
07116/18 FOREIGN SECURITY DIVIDEND 13000 MRS NINTB100 LTO AC R RO 03/29 PC OTIZI13 5.419.07 USD
RECEIVED
NTDOY
07/24/18 FOREIGN SECURITY DIVIDEND 7 NO 0 00 SHARES LONKING HOLDINGS LTD SHS 113,600 00 HKD
RECEIVED INNS KYG6636C13 78 FOREIGN SECURITY DIVIDEND RECEIVED 14.475.39 USO
3339 HK RD 06011 PO 072413ASOF05/0/1
07/25/18 CASH DIVIDEND RECEIVED 25000 SHRS GENERAL ELECTRIC CO COM RD 06/1 PD 07/25/13 3.000.00 USD
CF
07125/18 BOND INTEREST RECEIVED 490000 WASHINGTONMUT M TG SECS CORP 200 4.17A2 M TG 2.77118 USD
939336$20 PASSTHRU CTF Cl C-8-1VAR RATE 6 997% 07/25/1311E DTD
06/010 4 RD 06129 PD 0712511
07/30/18 CASH DIVIDEND RECEIVED ?MORGAN FLOATING RATE INCOM E FUND CUSS I 8.976.55 USD
PHU 3286910320 SHRS RD 07126 PO 07/30/1
Page '7 of 2'
Account Numbe
Rated Lateen‚ Omni through Peninnt LC, a wee owned
CON L- free Yen Sae 2OO7 sutesidury of The Oak of New York Mellon
FIDe DALIAR RATED COMMUNICATIONS Corporation(aN' Mellon)
IXCILLINC( Peery:11C men>, ‘2,RA.eaenfapm_oce46578
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009402
EFTA_00I57 187
EFTA01289550

Transactions by Type of Activity (continued)
PrOCtit; Trade;
Settlement Transaction
Date Date Activity Type Description Quantity Price Acaued Interest Amount Cerrency
Dividends and Interest (continued)
07/31/18 MONEY MARKET FUND CASH AC TR DWSGOVT 4.60494 USD
INCOME RECEIVED
PER232045
07131/18 CASH DIVIDEND RECEIVED 5000000 PM ORGAN CHASE & CO DEP SHS REPSTG 79TH PFD 73,67000 USD
4662511HA1 SERIFIXED TO FLTG RT BD RD 07/27 PO 07/30/13 ADJSOURCE
CODE
Total Dividends and Interest
HONG KONG DOLLAR 0.00 113,600.00 HKD
TOTAL USD EQUIVALENT 0.00 14.475.39 USD
US. DOLLARS 0.00 251921 84 USD
Distributions
07/25/18 RETURN Of PRINCIPAL 1290000 WASHINGTON M UT M TGSECS CORP 2004-RA2 M TG 539.75 USD
RECEIVED PASSTHRUCTF CL C1-1VAR RATE 6.997% 07125133 BIE DTD
939336520 06/0104 R006/29 PD 07/25/1
Total Distributions U.S DOLLARS 0.00 639.75
Fees
07/02118 FOREIGN CUSTODY FEE Fgn Safekeeping UN 20$ CUSIP. F9396N-13-6 -210 USD
UBSFF
07102/18 FOREIGN CUSTODY FEE Fgn Safekeeping JUN 20$ CUSP S53435-13-3 -2.00 USD
NAPRF
07102/18 FOREIGN CUSTODY FEE Fgn Safekeeping JUN 2013 CUSP X0957E-8.6 -2.00 USD
OTGLF
07/16/18 FEE ON FOREIGN DIVIDEND 9000 SHRS N10110400 LID ADR RD 03129 PD 07/8/13 500.00 USD
WITHHELD AT THE SOURCE
NTDOY
Total Fees - U.S. DOLLARS 0 00 508.00
Taxes Withheld
07/16118 FOREIGN TAX WITHHELD AT 11000 SHRS NINTENDO LTD ADR RD 03129 PC 07/S/S 129.93 USD
THE SOURCE
NTDOY
Total Taxes Withheld - U.S. DOLLARS 0.00 429.93
Other Transactions
07125118 07/24/18 ACTIVITY WITHIN YOVRACCT ALPHABET INC CAPSTK CL C INTRA-ACCT JNL -1000.000 0.00 USD
GOOD
07/25/18 07124/18 ACTIVITY WITHIN YOUR ACCT ALPHABET INC CAPSTK CL C INTRAACCT Ill 1100.000 0.00 USD
GOOG
Total Ot her Transactions - U S DOLLARS 0.00 0.00
Page 18 of 2'
Account Number:
Rated [smitten Clewing through PEWS LC. a *lay coma"
bey Year Since 2007 sobsidiary of The Mak awe« Vat Mellor.
CON FIDO. DAMIARMIT0 COMMUNICATIONS CarporatIon (MY Wilco) rs na
EXCELLENCE Perih nx LICerter-bn Ithttx. VALNYIEt9m—Ouv4657w
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009403
EFTA_00 I 57 188
EFTA01289551

Deutsche Bank
P.O Box 1 7 76, Baltimore, MD 21203
July 1, 2018 - July 31, 2018
SOUTHERN FlNA NCIAL LLC
Transactions by Type of Activity (continued)
PT0CRSI. Trade
Settlement Transaction
Date Dale Activity Type Devaiption Quanta, Price Awued Mitered Amount Cunene,
Cash Withdrawals and Deposits
07/02/18 FEDERAL FUNDS RECBVED DEUTSCHE BANK TRUST 34575 10,547.40 USD
USD999997
07/09/18 CUSTOMER AUTHOMZED TRANS FRIA N4G.026t1 73,052.21 USD
TRANSFER
US0999997
Tot al Cash Withdrawals and Deposits- U.S. DOLLARS 0.00 83,599.61
Tote Accrued Blued Total Amount
TronsoctIonsexemory Told Awued Mimed Told Amount Currency US0Equtralont USDEquIvolent
HONG KONG DOLLAR 0.00 113.600.00 HKD 0.00 14,475.39
U.S.DOLLARS 48.888.89 385.478.20 USD 48.888 89 385,478.20
RAND 0.00 6,668,596.59 ZAR 0.00 504,573.64
The price and quantity displayed may have been rounded.
Fixed Income A nalys s
Bond Quality Bond Maturity Schedule
%el Bond
% ol Bond
Bond Duality lisket Value Motet bin Percent of Fixed name Bond Melnik, Merkel Vim Market Value
IS 7 to 2 months 1,005,000.00 4%
A 2,222,100.00 8%
Mita 5 years 3,093,750.00 12%
BAA 8,220,750.00 31%
M8 to iO years 2,915,240.00 11%
BA/ Lower 16,126,337.50 56%
1 Over 10 years 19.878.288.89 73%
Not Rated 1,324,071.39 5%
Total 28,892,258.89 100% 0 20 40 80 80 100 Total 26,892,258.89 100%
Percentages of bond market values are rounded tot e nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Page 19 of 21
Account . N c um . be r:
Rated Cantlient Clewing near PaflS IIC nob* monad
(very Year Since 20O7 Malawi, of The Malta New Yoh Mellon
CONFIDO' DAUIAR RATED COMMUNICATIONS CarporatIon OM Man)
LXCILLINCI Penh nx 11.C. rwett. FtuRAAR4VELGM-000 46580
CONFIDENTIAL — PURSUANT TO FED. R CRII14. P. 6(e) DS-SDNY-0009404
EFIA_00157189
EFTA01289552

Client Service Information
Your !maimed Spedad:ZEM Canted Information
MARTIN ZBA AN Telephone Number:
345 PARK AVENUE
NEW YORK NY 10154
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for Mutual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELE-CTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the
acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
Page 20 of 21
Account
Wed Emden? Clearing lamp% PashiglIC *lay evened
CNumbOer NFID L Emmy Year Since 2007 semidry QUM lank a Meer Yak Mellon
DALIAR RATED COMMUNICATIONS CarpondonOINY WWI
LXCILLINCI P meet. F thisIA.SW VELGM-00046581
CONFIDENTIAL — PURSUANT TO FED. R CRilvl. P. 6(e) DE1-SDNY-0009405
EFTA_00157190
EFTA01289553

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
July 1,2018 - July 31, 2018
SOUTHERN FINANCIAL LLC
Important Information and Disclosures (continued)
The Role of Pershing (continued)
• Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC. Legal Department.
One Pershing Plaza, Jersey City, New Jersey 07399;-. Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents, w itness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason( s) for their award, unless, in an eligible case. a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399;
Page 21 of 2'
Account Nunn
Rated Extrilem Clewing %MVO /BPSC 11C. • Say anal
stctbila L trey Year Sint 2CO7 stidiary of The Bonk a Mew Yon Mellon
C ONFIDO DALBAR RATED COMMutoCATIONS Caw-Alan (MY Mellon)
['CULMCI p,, RA.get".4UGM_00046582
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009406
EFTA_00157191
EFTA01289554

PA
Deutsche Bank Dlutvh• Sant etisain Marlh
Mules contact Gion:
Devliche Ur* Se.v ier.
P.O Box 1776, Baltimore, MD 21203 Yen Me
3.5 Pot m.enva. 3611,11.01
Now VCAIS
Ton roe
tote
June 1,2018 - June 30 2 It
Account Number:
SOUTHERN FINANCIAL LLD
GE RED HOOK QUARTER B3
ST THOM AS VI 00802
Portfolio at a Glance
ThisPeried Write-Date
Your Investment Specialist: BEGIN NI NGACCOUNT VALUE 3102,037,432.07 $97,272,547.37
JOSHUA SHOSHAN Net Cash Deposits and Withdrawals 47,829.37 4,083,891.50
Adjusted Previous Account Value 102,085,081.44 96,188,655.87
Dividends. Interest and Other Income 120,922.63 1458464.37
Total Taxes Withheld 485.84 4,170.44
Other Transactions -28.45 -735.65
Net Change in Portfolio' ,134,950.23 4,229,605.30
ENDiNGACCOll $102,070,019.45 $102,070,019.4
Accrued Merest 5417.745 15
Estimated Annual Income 53 248.833 26
'Net Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Pena Asset Type Pier YeatZed Lad Period This Period
MI 3% Cash. Money Funds, and Bank Deposits 823,820.96 2152.138.08 3,505,820.11
a 25% Fixed Income 26,083,479.22 24,025,290.61 25,871,185.00
68% Equities 60,899,388.97 71,251,655.07 68,940,097.01
3% Mutual Funds 3,020,938.22 3,070,528.05 3,068,887.33
• 1% Exchange-Traded Products 6,444,920.00 937,620.00 880230.00
100% Account Total (Pie Chart) $97,272,547.37 $102,037,432.07 $102,070,019.45
Please review your allocation periodically with your Investment Specialist.
Pagel of 28
Rated Excellent Clawing through PenblinI IC auk*, elms
L (my Yew Since 2007 sosIdlary of The Mak a New Vat Mete
CONFIDO. OM AR RATIO COMMUNICATIONS CoriNfW on OINY Mellon)
EXClattla PerIhnx 11.C. merlon iiime.E44YeiceM_00046583
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-00O94O7
EFTA_00157192
EFTA01289555

Summary of Gains and Losses
Realized
This Period Yeer-lo-Date Unrealized
Short-Term Gain! Loss 74,698.81 1,225,771.23 3 266 517 44
Long-Term Gain? Loss 1535998 2.589.146.58 5.467 108 14
Net Gain! Loss 9139.23 3.814.917.81 8.733.625 58
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB" ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Ommry Closing Amount in
Currency USD BaolealeM per U9) 0.111ffq Belau Base currency USO
EURO 1.1674 0.8566 EURO .64 80 -75.65
HONG KONG DOLLAR 0.1274 7 8452 HONG KONG DOLLAR 69,642 25 8.877.02
,b1PANESE YEN 0.0090 110.7500 APANESE YEN 49.00 .0.44
POLISH ZLOTY 0.2671 3.7428 Total Global Cash Balance 68.800.93
RAND 0.0729 13.7027
Exchange rates are based on interbank exchange rates as of 06/ 29! 2018. Exchange
rates can vary.
Money Market Fund Detail
Dale Activity Type Deocaptha Mount Bean
Sweep Money Market Fund
DEUTSCHEGOVT CASH INSTL
Current Yield 179% Activity Ending: 06/ 29/18
06/01/i8 Opening Balance 2,642,633.90 2.642.633 90
06/01/18 Deposit MONEY FUND PURCHASE 99,99996 2.742,633 56
06104/18 Withdrawal M ON EY FUND REDEMPTION .8,648.63 2.733.984.93
06105118 Withdrawal MONEY FUND REDEMPTION -1,731,636.34 1,002 348.59
06/11/18 Deposit MONEY FUND PURCHASE 744.427.29 1.746.775 88
08/12/18 Deposit MONEY FUND PURCHASE 7194.933.00 9.141.708 88
06/13/18 Deposit MONEY FUND PURCHASE 2.317.277.84 11.458.986 72
06/14/18 Deposit MONEY FUND PURCHASE 205.433.55 11,664.420 27
06/18/18 Deposit MONEY FUND PURCHASE 49,380.00 11,713,800 27
06120/18 Deposit MONEY FUND PURCHASE 125.136.24 11,838 936 51
Page 2 of 28
Account Number:
Rated ticellent Clean... rough Peeshft 11C. a Say °mai
L-- trey Year Since 2007 sabsicliary a The Mak OW. York Mao
CONFIDO OMAR RA TED COMMUNICATIONS Carponclon (IINY Wilco)
EXCULINCI Pers.I ra U.C. ertrett.
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009408
EFTA_00 157 193
EFTA01289556

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203 _LA
June 1, 2018 - June 30,2018
SOUTHERN FINA NCIAL LLC
Money Market Fund Detail (continued)
Dale Activity Type Desaiption Mount Nit=
Sweep Money Market Fund (continued)
DEUTSCHEGOVT CASH INSTL (continued)
08/21/18 Deposit MONEY FUND PURCHASE 6,200.00 11,845,136.51
06/22/18 Withdrawal MONEY FUND REDEMPTION 4,339,697.00 2,505,439.51
06125118 Deposit MONEY FUND PURCHASE 944)64.33 3,450,203.84
06126/18 Deposit MONEY FUND PURCHASE 3,390.99 3,453,594.83
06128118 Deposit MONEY FUND PURCHASE 35,681.25 3,489276.08
06129/18 Deposit INCOM E REIN V EST 7.743.10 3,497,019.18
06/29/18 Closing Balance $3,497,019.18
Total All Money Market Funds $3,497,019.18
Income and Expense Summary
Oment Period You4o-bare
Non Tittle Taxable Noo 'noble
Dividend Income
Equities 16,058.37 0.00 347,772.47 0.00
Money Market 7,743.10 0.00 25,127.68 0.00
Other Dividends 58,657.12 0.00 573,397.92 0.00
Interest Income
Bond Interest 38,463.94 0.00 364,183.42 0.00
Other Interest 0.00 0.00 74,499.60 0.00
Expenses
Withholding Taxes 485.84 0.00 4,170.44 0.00
Fees( Foreign Securities) 0.00 0.00 400.00 0.00
Total Dividends, Interest, Income and Expenses $119,936.69 $0.00 $1,378,410.65 $0.00
Distributions
Alternative Investments 0.00 0.00 0.00 273,883.28
Other Distributions .0.45 808.30 -77.65 20,084.58
Total Distributions 40.45 $608.30 477.65 $303,667.86
Page 3 of 28
Account Number:
Rated Emden? Clewing through PeriwigI IC ntlaprewel
3teg2CSI.:25 (very Year Since 2007 stadia" of The MBA N New York Mellon
CONFID AL- DALIAR RATED COMMUNICATIONS CapotatIon (WY meuoo)
(1OILLINCI Per thing 11.C. Fret-tan rtratkrigneceTA-00046585
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-OOO94O9
EFTA_00 157194
EFTA01289557

Portfolio Holdings
U.S. DOLLARS
Account Adirity Opening acEg Awued income 30.0ey Current
Opening Dale Quantity Number Ending Banda Snot h10)111. ThisYear Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Margin Balance 99,999.66 0.00
Money Market
DEUTSCHE GOVT CASH INSTL
06/01/18 3,497,019.180 N/A 0829118 2,612,633.99 3,497,019.18 172 60 25.12718 1.73% 1.79%
Total Monsy Market $2,642,633.90 $3,497,019.18 $17260 $25,127.68
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $2,742,633.56 $3,497,019.18 $172.60 $25:127.68
Adjusted Unrealized Awued Estimated Wingate;
Date Acquired Matey UnN OA Cost Saris Merkel Price Market Velue Grin Loss Interne Annual Income Yield
FIXED INCOMEOn Maturity Date Sequence)
°Asset Backed Securities
WASHINGTON M UT MTGSECSCORP 2004•RA2 Security Identifier 939336520
V TG PASSTHRU CTE CI. C.- 61V AR RATE
6.997% 07/25/33 53/E DM 0610404
Factor: 0.36834055 EffedNe Dale:06/0113
Current Face Value: 475.49 3D
12/13113 .'3rt? 1,290,000.000 76.5190 363,585.29 93.0590 442,178.50 78,593.21 2,678.37
Original Cost Basis: 9638108.71
Total Asset Backed Securities $363,585.29 $442,178.50 $78,593.21 $2,678.37 $0.00
1,290600.000
Total Current Face Value:475 159.310
Corporate Bonds
CITIZENSCOM MUNICATIONSCO SR Sedulity Identifier: 04538.0141
NT FULLY EXCHANGE FROM 44538AX9
7125%03/S/9 8/E DM03/23/01M oody Rating CAA1S8 P
Rating B•
10/03117 1,000,000.000 100.0510 1,000,507.99 100.7500 1,007,500.00 6,992.01 20,781.25 71,250.00 7 07%
Original Cost Basis:91001006.00
EXELA INTER LLCI DELA FIN INC GTD Security Identifier 3052RAA9
FIRST PRIORITY SR SECO NT 144A
9.000% 0716/238/EDM07/12/17CLBMoody Rating 83 S 6 P
Retied B
1024117 2,000,000.000 97.0250 1.940.506.00 102.1250 2.042.500.00 101,994.00 91,66617 200600.00 9 79%
Original Cost Basis: 51940,506.00
Page 4 of 28
Account Number..
Rated ticellent Clewing emir Pagel% I1C a %AM/0mM
nOi2C 25 L bay Year Since 2007 Moldier, of TItt oak el Mew Vat Mellon
CONFIDO. DALIAR WM COMMUNICATIONS Carponban My Mellon)
EXCILLUKt Per I linx 11.C. mtntan FINRA.SIVVELGM-00046586
CONFIDENTIAL — PURSUANT TO FED. R CRIAA, P. 6(e) DB-SDNY-0009410
EFrA_00 I 57195
EFTA01289558

a
Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
June 1,2018 - June 30,2018
SOUTHERN FINANCIALLW
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adlutaed Unrealized Accrued Eshr el ed Esluraled
Date Acquired Quantity Unit Cost Gad Bala Market Rice Market Voice GlintL os Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
J3,5 INV TS GM Bli GTD SR NT Security 'denting:0,29866AM
REG S 'SINS USA29866AB53
7250% 04103124 BlE DTD 04/03/65 8 P Rating
10/31/I7 2.000.000.000 99.0650 1,981,300.00 96.8540 1.931.080.00 -44,220.00 35,041.67 145,000.00 7.48%
Original Cost Basis: 51981300.00
DEUTSCHE BANK AG NTS ISM* UO62541133 Security Identifier 25625All 3
4 296% 05124128 8/E MD05/24/B
FORBGN SECURITY ST CPN DIE 11241131loody Rating Bat S 8 P
Rating BB.
06/01/18 1,000,000.000 91.7780 917,776.00 90.0220 900,220.00 -17,556.00 4,296.00 42,960.00 4.77%
Original Cost Basis: 5917.776.00
DEUTSCHE BK AG N Y BRH VAR Security Identifier:25626868
INNS U625620689 4.875% 1210132 8/E
DTD 2/0117 CALLABLE 12/0127
06/01/18 1,000,000.000 86.8260 868.256.00 85.5520 855.520.00 -12,736.00 3,927.08 48,750.00 5.69%
Original Cost Basis: $868156.00
SERVICEMASTER 00 NT 7250%03/0138 BIE Security Identifier: 81760NA65
DID 03102/98 ST CPN DTE 09/0198
CPN PY T SD/ I ANNUAL ON MAR 01AND SEPO%loody Rating
82 S 8 P Rating 8
10/18/17 500,000.000 103.9360 519.682.44 99.6250 498,125.00 -21,557.44 11,982.64 36,250.00 727%
Original Cost Basis: 5520,003.00
10/19/17 350,000.000 103.9380 363,784.13 99.6250 348.687 50 -15,096.63 8,387.85 25,375.00 727%
Original Cost Basis: 5364,006 00
10/20117 80,000.000 103.9440 83.155.41 99.6250 79,700.00 4.455.41 1,917.22 5,800.00 7.27%
Original Cost Basis: 583206 00
10131117 70.000.000 103.9470 72.763.10 99.6251 69.737 50 4,025.60 1,677.57 5,075.00 727%
Original Cost Basis: $72.806.00
Total Covered 1400 000 000 1,039,385.08 996,250.00 -43,135.08 23.965 28 72,500.00
Total 1 000 000 000 51,039,385.08 5996,250.00 -$43,135.08 $23,965.28 $72,500.00
Page 5 of 28
Account ttua Rated Galls. Clewing through Penhing 11C. a *lay evme4
=on bay Yew shat 2007 stitaldiary of The crank a New Yak Melba
CONFIDO OMAR PATILDCOMMUNICATIONT Corporation (eta Mellon) a r....‘, ,...,
UC82.04a Ponitint UK. feenter liMtn.48M 52L‘ m_00046587
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009411
EFTA_00 I 57 196
EFTA01289559

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Awued Estimated Estimaled
Date Acquired Quantity Unit Cost Cost Baia Market Price Market Value Gain(Loss interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
ASSURANT INC FXD TO FLTG SUB NT Security Identifier. 0462S(AK4
7.000% 03127/48 EVE DTD 031271E
CALLABLE0372M 0 DO 000Moody Ral ing 8A1
03/29118 2.000.000.000 101.9950 2.039.903.33 100.9420 2.018.840.00 -21.063.33 36.166.67 140.000.00 6.93%
Original Cost Basis: $2,040,005.00
,PM ORGAN CHASE& CO DEP SHSREPSTG Security Identifier: 46625HHA1
METH PFD SFR 'FIXED TO FLTG RT BD
5828% 0412358 B/E DTD 04/23108M oody Rating BAA3S& P
Rating BBB-
06115111'.?V 2500,000.000 107.5000 2,687,500.00 100.7500 2,518,750.00 -168,750.00 24,688.06 145,700.00 5.78%
Original Cost Basis: $2,687.50000
06115/11 " 12 2.500.000.000 107.0000 2,675,000.00 100.7500 2,518,750.00 -156,250.00 24,688.05 145,700.00 5.78%
Original Cost Basis: $2,675,000.00
Total Noncovered 5,000,000.000 5,362,500.00 5,037,500.00 -325,000.00 49,376.11 291,400.00
Total 5,000,000.000 $5,362,500.00 $5.037,500.00 -$325.000.00 $49.376.11 $291.400.00
SOUTHERN CALIF EDISON CO PREF SER E Security Identifier: 842400 FU2
6 250% 0117/62 BlE OTC 0t17/12
CALLABLE02109220 DO 000M ood y Rating BAAIS& P Rat mg
BBB-
01130/12 3.000.000.000 99.8930 2.996.786.30 106.5009 3,195,000.00 198,213.70 77,604.17 187,500.00 5.86%
Original Cost Basis: $2.992.564.97
GENERAL ELEC CO GTD FXD-TO-FLTGRT Securdy Identifier 359604BM 4
NON-CUMULATIVE PERPETUAL PREFERRED
4 000% 2/03465 REG DTD 1003/46Moody Rating A3 S& P
Rem BBB*
12/03/15 2.469.000.000 88.0930 2,175016.17 90.0000 2.222.100.00 47,083.83 4.115.00 98.760.00 4.44%
Original Cost Basis: $2,175.01317
LLOYDS BANKING GROUP PLC FXD RATE RESET Security Identifier: 539439AG4
AD DL TIER 1SECS US539439AG42
7.500% 04127188 BfE DTD 0410711166 P Rating BB-
04/10/14 " i2 1.903.000.000 102.3910 1.948.500.00 101 5500 1.932.496 50 -16,003.50 11 89.38 142.725 00 7 38%
Original Cost Basis:61948.500 00
Page 6 of 2
Account Numbe
Rabid Einellent Clown. through Penang U.C. a tAtolly owned
eta g2C 51'C25 L-- trey Year Since 2007 sabsidiary of The lank a New York Mellon
CONFIDO. MBAR MUD COMMUNICATIONS Carpontlon(ONY Megan)
EXCIILUNCE PrOirtt ,ii,eA.SCLenfacm_oo046588
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-00004 12
EFTA_00 I 57 I 97
EFTA01289560

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
June 1,2018 - June 30,20 18
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Estimated
Date Acquired Oustity IAN Cost Cod Bads Market Pike Market 'lake Gain toss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
CITIGROUP INC 110 RT SR NT PERP DEP RECPT Security Identifier:1296725
5.950% 08115/88 WE DTD 0 WM%
CALLABLE0815/20 0 1)0.000Moody Ratiag BA2 68 P Rating
88•
08106/15 3,000,000.000 100.0000 3.000.005.99 103 0000 3,060,000.00 89,994.01 06,937.50 178,500.00 5.77%
Original Cost Basis:53,03,mm
Tot al Corporate Bonds $25,270,442.86 $25,235,006.50 435,438.38 $416,066.78 $1,619,345.00
25,372,000 000
TOTAL FIXED IN COM E $25,634,028.15 525,677,185.00 $43,156.85 $417,745.15 $1,619,345.00
26,662,000 000
Unsealzad &Salted Solkeeted
Date Aorked Queenly the Cod Cost BUN Merkel Price Market Value Oehalloss Maud Income Yield
EQUITIES
Common Stocks
ALIBA&A GROUP NLDG LTD SPONSORED ADR SEEM Identifier: MBA
ISINSUS0509W1327 OMR 01309WS2
Dividend Option: Cash
06110/IS 5,000.000 88.9500 444,749.00 185.5300 927 650.00 482,901 00
ALPHABET INC CAP STK CL C Sealy Identifier: GOOG
Dividend Opl ion: Cash cUSP 02079K1)7
04102118 1,000.000 1,004.6340 1.004.634.49 1.115.6500 1115.650 00 111.015 51
AMAZON COM INC Secerrly Identifier AUDI
Dividend Option: Cash CUSP. 023135136
03/29/18 500.000 1423.8620 711.930.80 1,699.8000 849.900 00 137,969.20
04/02118 500.000 1,367 0210 683.510 38 1.699.8000 849,900 00 166.38962
Total Covered 1.000 000 1.395,441 113 1.699.800 00 304.358.82
Total 1.000 000 81.395.441 18 81.699.800 D0 5304.358.82 $0.00
Page 7 of 28
Account Number Rated Excellent Clewing liner Pollan EEC awl*, evened
L Every Year Since 2007 tissue! a The Melt a New Yak Mellen
DAllIAR In= COMMUNICATIONS Ceeponelan (IINY Mellon)
EXCELLENCE Perihnx 11.C. rnertn iireleARKeiteM-000 46589
CONFIDENTIAL — PURSUANT TO FED. R CRIM, P. 6(e) CONFID DE1-SDNY-0009413
EFrA_00 157198
EFTA01289561

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Whaled
Dale Acquired Quantity Unit Cap Cast Basis Market Price Made Value Oainlloss Annual Income Yield
EQUITIES {continued)
Common Stocks (continued)
APOLLO GLOBAL M GM T LLCCL A IS Security kind Kier APO
Dividend Oplion: Cash CUSP 03764306
263,6700 of these shares are in your margin account
03/29/11 " 3 263.157.000 19.0000 4.999.983.00 31.8700 8.386.813.59 3.386.830.59 513.156.15 6.11%
APPLE INC COM Security Identdier. AAPL
Dividend Oplion: Cash CUSIP: 03783300
12/07/17 214.000.000 169.8140 36.340.223.40 185.1100 39.613.539.97 3.273.316.57 624.880.00 1.57%
06120118 50,000.000 186.7940 9,339,697 00 185.1100 9.255.500.03 -84,196.97 146,000.00 157%
Total Covered 264,000 000 45.679.920 40 48,869,040.00 3,189,119.60 770,880.00
Total 264,000100 345,679,920.40 348,869,040.00 33,189,119.60 3770.880.00
BIOGEN IDEC INC COM Security Identifier. BNB
Dividend Oplion: Cash CUSIP 09062X03
02114112'0 2,095.000 110.2720 231,019.65 290.2400 608.052.80 377,033.15
CENTRE CORP DE COM Security Identifier: CNC
Dividend Oplion: Cash CUSP: tt35801
09/08/14 15,550.000 63.6450 989.679.75 123.2100 1,915.915 50 926,235 75
GENERAL ELECTRIC CO COM Security Identifier. GE
Dividend Oplion. Cash CUSP. 36960403
25.000.00 of these shares are m your margin account
02/23/18 2500.000 16.2210 40.551.71 13.6100 34.025.00 4,526.71 1,200.00 3.52%
02/26/18 2.500.000 16.2210 40.551.71 13.6100 34.025.00 4,526.71 1,200.00 3.52%
03/05/18 800.000 16.2260 12.980.63 13.6100 10.888.00 -2.092.63 384.00 3.52%
03/07/18 5,000.000 16.2190 81,097.41 13.6100 68.050.00 -13,047.41 2,400.00 3.52%
03/12/18 2.500.000 16.2210 40.551.71 13.6100 34.025.00 4.526.71 1,200.00 3.52%
03/16/18 11.700.000 16.2190 189,759.90 13.6100 159,237.00 -30,522.90 5,616.00 3.52%
Total Covered 25,000 000 405.493,07 341250 00 -65,243.07 12,000 OD
Total 25.000.000 3405.493.07 3340.250.00 465,243.07 $12,000.00
NINTENDO LTD ADR Security Identifier: 0700Y
Dividend Oplion: Cash CUSP:654445303
02/05/18 10,000.000 51.7910 517.906.00 40,7900 407.900.00 -110,006.00 4.689.56 1.14%
Total Common Stocks 355,668,826.54 364,271,071.89 38,602,245.35 31,300,725.71
Page 3 of 23
Account Hornbill=
Rabid Extrilent Clown. tivour Pershing LC. a %*ay owned
hely Year Since 2007 atlas., of The Bank a New York Mellon
NFIDO L DMIAR TED COMMUNICATIONS ConeratIon (eta Mellon)
EXCILLOICE PtrOirtt member Faan.g4qa.GM_00046590
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CO DB-SDNY-0009414
EFTA_00 I 57 I 99
EFTA01289562

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
June 1, 2018 - June 30,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Jniealtzed Estimated Estimated
Cate Argued Quantity Unk Col Cod Bads Market Rice Market Value Gam on Annual Income Yield
EQUITIES (continued)
Preferred Stooks (Listed byexpiration date)
GMAC CAP TR IGTO TR PEG SECS SEM CPR- Security Identifier ALLY PRA
8.45% FRED ORTLY MATT-0211512040 CALL CUSIP 36160208
ANYTIME 025 W130 DAYS BEGINS 02/1/13
Dividend Option: Cash
02122/12'•° 80,000.000 23.5350 1182,773.80 28.3000 2.104.000.00 221,228.40 152,329.04 723%
Total Preferred Stooks $1,882,773.60 $2,104,000.00 $221,228.40 $152,329.04
Options
CALL AO ALPHABET INCCAPSTK CL C Option Identifier: 990A118G0H
DP 07.20.5 0100.000 Underlying Security Identifier 6006
OPTION ROOT: GOOG Underlying Security Nice:5116.65
-1.00 of these contrails area salon position
05122/18 -10.000 22.9440 42,943 70 34.3000 -34,300.00 81,358.30
PUT '00 ALPHABET INC CAP STK CL C Option Identifier: 990A118601
EXP 07-20-10125000 Underlying Securay Identifier: GOOG
OPTION ROOT: GOOG Underlying Security Prix: $115.65
.13.00 of these contrails area don position
05/22118 -10000 121440 -12,943.83 2.7000 -2,700.00 10,243.83
Total Options 435,887.53 437,000.00 41,112.47 $0 00
TOTAL EQUITIES $67,515,712.61 188,338,071.89 $8,822,359.28 $1.453.054 75
Unrealized Estimated Estimated
Ore knelled Oulatky Uni Cod Cost Bade Marled RS Monet 94194 Oalriloss Annul Income Yield
MUTUALFUNDS
111O RGAN FLOATING RATE INCOME FUND Security Identifier: ,PHSX
CUSS I CUSIP. 48121310
Open End Fund
Dividend Option. Reinvest: Capital Gains Option: Reinvest
09/28/17 318109177 9.4100 3.000.000 00 9.3300 2174.495.23 -25.504.77 118.396 38 398%
Reinvestments to Date 9,881.255 9.3930 92.810 90 9.3300 92,192.10 818 80 3.669.60 398%
Page 9 of 28
Account Number: Rated Escoilent Clewing liner Fenian IIC a whey evened
(my Yew Since 2007 sotaldianr a The Mak a New Yak Meta
CONFIDOP OMAR RATIO COMMUNICATIONS Ono-atlas My Mellon)
UMIAK( Per I Finx 11.C. maderimeA.WAKateM—00046591
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DE1-SDNY-0009415
EFTA_00 157200
EFTA01289563

Portfolio Holdings (c titI nuccf)
U.S. DOLLARS (continued)
Unrealized Estimated Eslimaled
OsteAcquited Quotas LIM Coq Cod Weis Motet Price Market Value Cain Loss Annual Income Yield
MUTUAL FUNDS (continued)
MORGAN FLOATING RATE INCOU E FUND (continued)
Total Covered 328,691 032 3,092,810 90 3 066,687 33 -26 123 57 122.065 98
Total 328.691.032 $3,092,810 90 $3 066.687 33 426 123 57 3122 065.98
TOTAL MUTUAL FUNDS $3,092,810.90 $3.066.687.33 426 123 57 8122 065 98
Unrealized Estimated Estimaled
0de Accitied Quantity Unit Cod Cod Barb Market Price Market Value Geinloss Annual Income Yield
EXCHANGE-TRADED PRODUCTS
ISHARESINC II SG SOUTH KOREA Elf Security Identifier EWY
Dividend Opl ion: Cash: Capital Gains Option: Cash CUSP. 16/286772
11103/17 13.000.000 75.8460 985,99618 67.7100 880230.00 -105,766.98 28,291.11 321%
TOTAL EXCHANGE-TRADED PRODUCTS $985,996.98 $680,230.00 4105,766 98 $28,291.11
Unrested Accrued Ella/Med
Cod Bads Mad VOA Gal:dins letetal Annual income
TOTAL U.S. DOLLARS $90,725,567.82 $99,459,193.40 58,133,625.58 3417,745.15 83247,884.55
EURO
Oblitiv9 Clot° Mailed 30-Day
Descriptioa Cletinlity Balace Bina Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 44.80 44.80 EUR
-75.65 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 44.80 44.80 91R 0.00
-75.65 USD 0.00
Edkaaled
Description Deafly Merkel Rae Maddt Vabe Wen, Yield
EQUITIES
Common Stocks
UBI SOFT DITERTAINIA ENT 11,200.000 93.9800 1,052,576.00 EUR
ISMS FR0000051470 SA MONTREUIL ACT 1,228,777.22 U9)
Security UBI:FR
WSP F9396N136
Total Common Stocks 1,052,576.00 EUR
1,226,777.22 USD
TOTAL EQUITIES 1,052,576.00 EUR
1,226,777.22 USD
Page 10 of 28
Account Numbed=
Rated Eacellent Clain/glamor Iambic I1C gala/ evened
2:ci:c trey Year Since 2007 istaldlarg of Thalamic al Newercelt Meta
C NFIDO' oriummanoccmwmAanom Pcmer,emmmomvilmeem
mamma
ltC. mamba remeNittellaieGM—00046592
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) C 0
EFTA_00157201
EFTA01289564

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
lune 1,2018 - June 30,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
EURO (continued)
Accrued
Market Value Clarence Interest
TOTAL EURO 1,052,511.20 RJR 0.00
1228,701 57 USD 0.00
HONGKONG DOLLAR
CP*19119 Closing Amid 304:by
Desuiption Oveney Ban Mane Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 60.534 58 69.642 25 HKD
8.877.02 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 60,534.58 69.642.25 HKD 0.00
8,877.02 USD 0.00
Moved
Market Value twang banal
TOTAL HONG KONG DOLLAR 69,642.25 HKD 0.00
8,877.02 USD 0.00
JAPAN ESE YEN
OPINP8 Ming Moved 30-Day
Discrbalon Oesothy Basco Maim Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 202,366.00 49.00 JPY
-0.44 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 202,366.00 49.00 JPY 0.00
-0.44 USD 0.00
acauml
Market Value Currency Ritual*
TOTAL JAPANESEYEN 49.00 JPY 0.00
-0.44 USD 0.00
Page 11 of 28
Account Number: Rated Excellent Clewing Omer PenblinI IC sub./ evened
L Every Year Since 2007 sotaldlarg a The lank a New Yak Mellon
CONFIDO. DAtRAR RA TED COMMUNICATIONS Caeporatke (Iltly
CAC:MINCE Peri U.C.rriteter FINRAVVYTLGM- 00046593
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009417
EFTA_00157202
EFTA01289565

Portfolio Holdings (continuel)
POLI SH ZLOTY
Es aled
DesonrAien OtanlIty Nanti Rb Market Value Cuneo*/ ViNd
EQUITIES
Common Stocks
CO PR0.EKT SA SHS 20,000.000 161.8000 3.236.000.00 FIN
MN/ PL0P11030011 864,591.24 UW
Seturity Ideatifier 07GLF
CUSIR X0957ED6
Total Common Stocks 3,236,000.00 FIN
864,591.24 USD
TOTAL EQU ITIES 3,236,000.00 FIN
864,591.24 USD
Acuued
Market Velue Currency Interest
TOTAL POUSFI ZLOTY 3,236,000.00 PLN 0 00
864,591.24 USO 0 00
RAND
Esbral ed Este aled
Deacriplion Quitte Market Ria Market Value Currency Annal I ncome field
EQUITIES
Common Stocks
NASPERS UNITED LTD 2,000.000 3,05.0000 6,970,000.00 ZAR 12 999 89 0.18%
ISINtZAFA000Ti889 508,656.66 USO 948.71
Security 1444'116er: NAPRF
WSP. 56343593
Total Common Stocks 6,970,000.00 2AR 12,999.89
506,656.66 USD 948.71
TOTAL EQUITIES 6,970,000.00 2AR 12,999.89
508,656.66 USD 948.71
Accuse Estimai.]
Market Value Cortina lutant Moud lemme
TOTAL RAND 6,970,000.00 2AR 0.00 12,999.89
508,656.66 UW 0.00 948.71
Undeeized Acaued Ettioneted
Cod Baas Market Value Geddloss Inteued Annuel Incont
TOTAL PORTFOLIO HOLDINGS - U.S. 590 725 667 82 8102,070,019.45 18,733,625.58 8417,745.15 83,248,833.26
DOLLARS
Page 12 of 28
Accourt Numbe Rated Capaient Clean„erough PenbimiLLC aida/ "ana
(n'y "'COI Sin« 2007 istaidiary of Tee hait elN a Yak Melon
CONFID DMIARRATED COMMUNKATONS *flamba (IINY Melon)
UOILLOICE Perihnx LIC membe oreneklYaGM_00046594
CONFIDENTIAL - PURSUANT TO FED. R CIRAI. P. 6(e) DS-SDNY-0009418
EFTA_00157203
EFTA01289566

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
June 1, 2018 - June 30,2018
SOUTHERN FlNA NCIAL LLC
Portfolio Holdings (continued)
• Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovereda. Securities marked as "covered-, were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 10 99.8 for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
6 The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face
amount of the security. Factors may changeover time and are obtained from sources we believe to be reliable.
12 Pershing has received updated cost basisinformation, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
13 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of Misinformation.
Holdings Summary by Currency
Exchange•Tioled
Omency Pah aced Income Equities Mutual Funds Funds Total by Omency
U.S. DOLLARS 3.497,019 25,677 185 66,338,071 3.066.687 880,230 99,459,193 USD
EURO 44 0 1,052,516 0 0 1,052,511 EUR
HONG KONG DOLLAR 69,642 0 0 0 0 69,642 HID
JAPANESE YEN 49 0 0 0 0 49 JPY
POLISH ZLOTY 0 0 3,236,000 0 0 3,236,000 PIN
RAND 0 0 8.970.000 0 0 8,970.000 ZIA
Total USD Equivalent 3.505.820 25,877,185 88,940,097 3,086,687 880,230 102,070,019 USO
% of Allocation 3% 25% 68% 3% 1% 100%
Page 13 of 28
Account Number
Rated Dttllent Clewing through Pagel% IIC•aapronwel
2:E::t M:025 Every Yew Since 2007 sotaldiary of The Baikal Mew Yen Meta
CONFIDO. DALBAR RATED COMMUNCATIONS Canceatlan(IINY Melon)
DIMLING( Per Oita LLC. member FilislAAR4VELGM-00046595
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009419
EFTA_00 157204
EFTA01289567

Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market
prices. unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ
from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total.
THEAS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE
Estimated Annual Figures
The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making
investment, trading. or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities, thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions.
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions. regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for
investment purpose Credit ratings should not be relied upon as investment advice.
Page '4 of 28
sco=
Account Nan Rated ['mental Clewing %MVO PISS% LLC • ittlay owned
(my Year Since 2007 sdasidlary al The Bank ol Mew Yon Mellon
CONFID AL DALBAR RATED COMMUNICATIONS CawR- ion (ONY Mellon)
EXCELLING( ,It•RA.%4%LeM_00046596
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009420
EFTA_00 157205
EFTA01289568

PA Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
June 1, 2018 - June 30,2018
SOUTHERN FlNA NCIAL LLC
Schedule of Realized Gans and Losses Current Period
Date Dale Realized
Description Disposed As:puked Designation Disposition Method, Tumid ion Gummy Proceeds Cod Bads Galnaoss
Short Term
HSBC HOLDINGS PLC OR 06/11118 12/04/17 Covered first In First Out! Sal 24800 000 242441 46 246.679 75 4,238.29
9GB0005405286
Security Identifier. G46341.159
CONKING HOLDINGS LTD 06111118 12104117 Covered first In First Out! SELL 710,000.000 361,932.38 254,284 78 107,647.60
KYG5636C1378
Security Identifier. G5636037
NINE DRAGONS PAPER H 06/11/18 12104117 Covered first In First Out / SELL 144.000.000 216,280.73 248,603.69 .32,322.96
DSHSISIN*611G65311305
Security Identifier 0653500
HONG KONG DOLLAR CUR 06/11/18 12121117 Noncovered' Fist In First Out! Sal 35,044.370 4.465.07 4,483.15 .18.08
Security Identifier. HKC999999 06111118 05102118 NoncoverS' first In First Out! SELL 7.738.030 985.92 985.77 0.15
06111118 05102118 Noncovered' First In First Out / SELL 10,014.150 1,275.92 1,275.74 0.18
06111118 06105118 Noncovered' first In First Out / SELL 7.738.030 985.92 985.84 0.08
06/11/18 06111118 Nonoovered' Versus Purchase/ sa 1.902.365.420 242.384.32 242,441.46 -57.14
06/11118 06/11118 iloncovered. Versus Purchase! SELL 2.839.974.790 361,847.07 361,932 38 .15.31
06/11/18 06111/18 Noncovered' Versus Purchase! SELL 1.697.089.980 216.229.75 216,280 73 40.98
06111/18 06/11118 Noncovered' Versus Purchase! SELL 2,577,887.920 328,454.04 328,531 47 -77.43
06/11/18 06111118 Noncovered' Versus Purchase! SELL 2.140.925.650 272.779.77 272,844 08 .64.31
06111/18 06/11118 Noncovered' Versus Purchase! SELL 1,895,607.510 241,523.28 241,580 22 -56.94
06/11/18 06111118 Noncovered' Versus Purchase! SELL 876.585.300 111.687.55 111,713 88 -26.33
06/11/18 06/11118 Noncovered' Versus Purchase! SELL 2,532,555.050 322,678.08 322,754.16 -76.08
06111/18 06/11118 Noncovered' Versus Purchase! SELL 1,663.744380 211.981.15 122152:1063131354 -49.99
06115118 06/15118 Noncovered' Versus Purchase! SELL 982,444.650 125,136.24 -27.11
Total 19,169,715.630 2,442,414.08 2,443,003.37 589.29
APANESE YEN CURRENC 08/11/18 12131/12 Noncovered' First In First Out! SELL 202.366.000 1,838.96 1,913.62 -74.66
Security Identifier. )1999993 06/11/18 06/11/18 Noncovered' first In First Out! SELL 22.404.343.000 203,594.59 203,879.73 -285.14
Total 22,606,709.000 205,433.55 205,793.35 .359.80
NABTESCO CORP TOKYO 06/11/18 12/04/17 Covered first In First Out! SELL 6.300.000 203,879 73 247,402.49 -43,522.76
INS.P365213001
Security Identifier. A7070100
Page *5 of 23
Numb
Account stoe2 cig t R r a e te y d Y E e in ar 4 S le in n c t e 2007 s C o h b i s n id n l i a t y h r o o f u m gh e P O e a n k n a { N IS ew C . Y a o t r A k t o M ll e y l l o o w n ned
CONFID OMAR MUD COMMUNICATIONS Cawa-lai MY Mellon)
EXCIILUNCE P.”.P.ni: tic.,..., ii,,R,...g%PdaG,M_00046597
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009421
EFTA 00157206
EFTA01289569

Schedule of Realized Gains and Losses Current Pen d (continued)
Dee Dole Wind
Desolation Cispotad Acµied Designation Oispoillon Method r Transaction Ouw19q Proceeds Cod Beds Weans
Short Term (continued)
POUSH ZLOTY CURRENC 08121118 06/19/18 Noncovered' first In First Out! SELL 3,523,782.000 944,164.33 944,789.66 25.33
Security Identifier. PLN989997
CD PROST SA SHS IS 06/19/18 03/27/18 Covered first In First Out SELL 10,000.000 442,565.89 331,804.35 110,961.54
000011 08119118 04/06/18 Covered first In First Out I SELL 11,348.000 502,223.77 399,831.10 102,392.67
Security Identifier: X095TES6
Total 21,348.000 944,789.66 731,435.45 213,354.21
ZTE CORP SHS H ISDIt 06115/18 12704/17 Covered first In First Out! SELL 70,600.000 125,163.35 250,418.14 -125,254.79
Y2
Security Identifier: 90004F1)5
ANHUI CONN CB/ ENT C 06/11/18 12104117 Covered Fro In First Out! SELL 52,500.000 328,531.47 149,65315 78,877.71
H ISIN9 CNE170000 W2
Security Identifier: 1047392
BANK OF CHINA LTD BE 06111/18 12/04117 Covered first In First Out! SELL 512,000.000 212,844.08 249,547.66 23,296.41
H ISHII CNE90000 45
Secutity Identifier: Y0698At7
CHINA COMMUNICATIONS 06/11/18 12/04/17 Covered First In First Out! SELL 224,000.000 241,580.22 249,308.76 -7,728.54
ION COMPANY LTD SUS If 15911 CNE
900002F5
Security Identifier: VESA/8
DONGFANG ELECTRIC CO 06111118 12/04/17 Covered First In First Out! SELL 150.200 000 11131386 127.36512 -15,651.24
LTD SHS H ISINICNE90000304
Security Identifier 120958137
WEN:HAIPOWERCO LTD 06111118 72/04/17 Covered first In First Out / SELL 228,000.000 322154.16 247,186.75 75,587.41
NIUNES0000419
Security Identifier 1953%99
DIUZHOU CRRC nm ESE 06/11/18 12/04/17 Covered first In First Out / Sal 43,400.000 212,031.14 254,566.74 42.537.60
LTD SUS 41- ISIN9 CHEW 0004%4
Security Identifier Y9892N94
ADVANCE MICRO DEVIC 06/07/18 09/15/17 Covered First In Fast Out! SELL 20,000.000 297,770.92 245,612.36 52,158.56
Security Identifier:00790397 06/07118 12/15/17 Covered Ant In First Out! SELL 30,000.000 446,656.31 368,912.57 79,743.80
Total 50,000.000 744,427.29 612,524.93 131,902.36
BER1(SHIRE HATHAWAY I 06/08/18 02105118 Coveted Frit In Flirt Out / SELL 3.000 881,312.95 931276.00 -16,654.35
A Adjustment -33.308.70 Adjuslment Type: W
Security Identifier 084670108 06108/18 02/16/18 Coveted first In First Out! SELL 3.000 881,312.95 921,086.00 -39,773.05
06/08/18 03119118 Coveted first In First Out! SELL 3.000 881,312.95 915,406.00 -34,093.05
06108/18 03123/18 Covered First In First Out! SELL 3.000 881,312.95 888,106.00 1,793.05
Page 16 of 28
Account Numb.=
Rated ticellent Cleanng through timbre11C nob* evened
L trey Year Since 2007 Malaita" of The Mak ether Vat Meta
CONFIDO. DM AR IMO COMMUNICATIONS Carpotaban (MY wilco)
EXCELLENCE rerihng noara.frRt4YeraGM_0 0046598
CONFIDENTIAL — PURSUANT TO FED. R CRlIcl. P. 6(e) DI3-SDNY-0009422
EFTA_00157207
EFTA01289570

Deutsche Bank
P.O Box 1 7 76, Baltimore, MD 21203
June 1, 20 18 - June 30, 2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Current Period (continued)
Dale Date Realized
Desolation Disposed Acquired Designation Cisposilion Method Tfiliadioil Cuanlily Rands Cod Ms Gain loss
Short Term (continued)
BERKSHIRE HATHAWAY I 08108118 03127118 Covered First In First Out! SELL 3.000 881,312.95 904,428.00 -23,113.06
(continued) 08108118 05121118 Covered First In First Out! Sat 2.000 587,541.99 627,414.70 -39,872.71
113day(s) added to your holding period a a melt of a wash sale.
Total 17.000 4,004,106.74 5,97,714.70 -160,299.26
GILEAD SCIENCESINC 08/08/18 10124117 Covered first In First Out! Sat 4,400.000 316,471.34 352,395.71 -28,576.20
Security Identifier. 37555893 Adjustment: -7,348.17 Adjustment Type: W
08108118 05102118 Covered first In First Out! SELL 2,500.000 179,813.28 181,432.49 -1,619.23
06108118 05103118 Covered first In First Out! Sal. 1,000.000 71,925.30 72,588.60 -661.30
08108118 05/18/18 Covered first In First Out! 900.000 84,732.77 72,862.30 -7,929.53
227 day(s) added to your holding period as a resat of a wash sale.
Total 8,800.000 632,942.67 679,077.10 -38,786.26
OUALCONI/ INC 08/08118 04118118 Covered first In Fug Out! Sat 2,500.000 150,673.41 145,432.61 5,240.80
Security Identifier. 747525133 06108118 04120118 Covered first In First Out! SELL 1,500.000 452,020.24 436285.83 15,734.41
Total 10,000.000 602,693.65 581,70.44 20,975.21
CALL 'SNARES TR M SCI 06/18/18 01/17/18 Covered first In First Out! WIREOPTION 2,400.000 0.00 105,806.00 -105,606.00
55.00
Security Identifier 990AUeRM
Total Short Term 14,150,724.57 14,116,682.63 74,698.81
Long Term
GILEAD SCIENCESINC 06/08/18 02105114 Covered first In First Out! Sat 5.000.000 359,828.52 396,407.00 0.00
Security Identifier 3755581)3 Adjustment: -36780.48 Adjustment Type: W
06108/18 03107114 Covered first In First Out! 3,100.000 222,988.44 246,797.00 0.00
Adjustment: -23,828.56 Adjustment Type: W
06/08/18 05/18118 Covered first In First Out! 58.1 5,000.000 359,828.53 399,636.79 40,010.26
Your lot has been adjusted due to awash sale for mote the one year
06/08/18 05118/18 Covered First In First Out! SELL 3,100.000 222,988.45 248,790.47 -25,831.02
Your lot has been adjusted due to a wash sale for mote than one year
Total 16,200.000 1,165,189.94 1,291,640.26 45,841.28
Page 17 of 28
Account Nun
Rated ticellent Clewing liner Pagel% I1C ..miry evened
atm bereecor Since 2007 sneakier, NTH. kelt New Vat Meta
CONFIDO L- DALIARMITO COMMUNICATIONS Canceation My Mellon)
exasuttra
Per I Pinx 11.C. mett• FINRAVVVELGM-00046599
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009423
EFrA_00157208
EFTA01289571

Schedule of Realized Gains and Losses Curren, Period (continued)
Date Dale Realized
Dosaiplion Whored Acquired Designation Cispoeition Method) Ttantadion Ouanlity Proceeds Cod Bads Gainrloss
Long Term (continued)
WASHINGTON N UT M TG 06/22/18 12113113 Nonoovereel REPYM T OF PINN 1.290.000 000 2,051.42 1,56932 481.70
004•RA2 M TG PASSTHRU CTFCL Original Cost Basis: 1569.72
84 VAR RATE 6997% 07125/33
Security Identifier 939336520
Total Long Term 1,167,241.36 1,293,209.98 15,359.58
Total Short and Long Term 15,317,965.93 15,409,892.61 9.339.23
' Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 20 1T in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as "noncovered". Securities marked as 'covered', were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10 9 98, the cost basis will
not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition. corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions. has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made alter year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-8 or online displays you may have available to
you
W hen you report your cost basis on your tax return. it should be verified using all of your own records. In particular, there may be other adjustments which you need to make. but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your lax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Cost Basis on fixed income securities may be adjusted for amortization, accretion. original issue discount adjustments. or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security, and certain attributes. obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds, bonds sold short or bonds issued with less t han one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
w Wash Sales Loss - This adjustment is the amount for a disallowed wash safe loss.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may
be reported on the IRSForm 1099.8.
Page '3 of 28
Account Numbeu
Rated DtWiem Cloying tlrougli Persiwg U.C. a weal owned
stone =on hely Year Since 2007 atlas, of me Bank col New York Mellon
CONFIDO I/MARIAM COMMUNICATIONS Gnatn-oon (SHY Mellon)
UMIAK( P.,,Pmg RC. ,...,,n •u,Rn.111 Y'aGM_00046600
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009424
EFTA_00 157209
EFTA01289572

PA Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
June1,2018 - June 30,2018
SOUTHERN FINANCIAL LLC
M essages
Your statement reflects a substitute payment reimbursement because you received one or more substitute payments last year in lieu of a qualified dividend. This reimbursement is being made
because substitute payments do not receive the same preferential tax rate as qualified dividends.
We credited your account with an amount equal to 13.33% of each eligible substitute payment. based on the difference between an assumed rate on ordinary income of 25% and the rate for
qualified dividends of 15% (10% difference). We amended your reimbursement from 10% up to 13.33% to adjust for taxes paid on the reimbursement.
This income will be reported on your Tax Information Statement as 'Other Income' on Form 1099-M 1SC, Box 3.
If you received a substitute payment reimbursement with respect to income from an investment company (mutual fund or unit investment trust), you may have received less than 13.33% of the
corresponding substitute payment. Since incom e from investment companies may consist partly of nonq ualified dividend income, your reimbursement was calculated only on the percentage of
income that qualifies for the preferential tax rate.
If you have any questions regarding your reimbursement, please contact your advisor.
Although a money market mutual fund seeks to preserve the value of your investment at $1p er share. it is possible to lose money by investing in a money market mutual fund. Shares
of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage
account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC
Rule 10 b-10(b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Activity Summary (A., ar,ounts my' n a. e in base current/)
Credits ThisPetiod Debits ibis Period Net Dna Period Credits Year-to-Date Debits Yeer4o-Date Net Year-to-Date
Securities
Securities Bought 0.00 -11,136,860.46 -11,136,860.16 0.00 -31,932283.97 -31,93228317
Securities Sold 15,315,914.51 0.00 15,315,914.51 33,912,938.88 0.00 33,972,938.88
Total Securities $15.315.914.51 411.136.860.46 $4.179,054.05 $33.972.938.88 431.932.283.97 $2,040.654.91
Dividends and Interest $120,922.53 $0.00 $120,922.53 $1.384,981.09 $0.00 $1.384.981.09
Distributions $808.30 $0.00 $608.30 $2.803667.86 $0.00 $2.803.667.86
Fees $0.00 428.00 428.00 $0.00 4658.00 4658.00
Taxes Withheld $0.00 4985.84 4985.84 $0.00 46,170.44 46.170.44
Other $0.00 40.45 40.45 $0.00 477.65 477.65
Page '9 of 23
Account Numbern
Rated Eintilent Clewing tivough Pershing U.C. w %lag owned
stoen Every Year Sine 2007 subsidiary of The Bank ol New York Mellon
CONFIDg AL DALIAR RATED COMMUNICATIONS Corporation18NY Mellon)
IxcIRENCE P.,,Pmg tic. ‘II•R
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DA. BaYSIDliaNe.mY--0°°039044662°15
EFTA 00157210
EFTA01289573

Activity Summary (continued)
*Sits ThIsPetlind DebitoThisPerlind Net TbisPerlod Credits Yer-to-Date Debt Yeor4o-Dete Net Yew-to-Dote
Cash
Withdrawals 0.00 -181,250.00 -181.250.00 0.00 -2,967,113.93 -2,967,113.93
Deposits 228879.37 0.00 228.879.37 1.883.222.43 0.00 1.883.222.43
Total Cash 5228.879.37 4181.250.00 $47.629.37 51.883.222.43 -52.967.113.93 41.083.891.50
Totals 515,666,324.71 -511,319.124.75 $4,347,199.96 539,844,810.26 434,906,303.99 54,938,506 27
Transactions by Type of Activity
Prom* Trade;
Settlement Trona:Non
Date Date Adivity Type Description OuantNy Price Atoned Third Amount Cogency
Securities Bought and Sold
06/05/18 06/01/18 PURCHASED DEUTSCHE BANK AG NTS ISMS US25'625AM 334296% 1.000,000 000 91.7770 -1.312.67 -919.08867 USD
DB4D0915 05/24/28 B/E DTD 05/24/13 CLB YLD 5.372 TO MAT
06/05/18 06101/18 PURCHASED DEUTSCHE 8K AG N Y BMI VAR (SINS US25126BN894.875% 1.000.000.000 86.8250 -541.67 468.191.61 USD
DB457174 12/0132 B/E DTD 121011 7 CLEI YLD 6.272 TO MAT
06111/18 06107/18 SOLD ADVANCED MICRO DEVICES INC COM UNSOLICITED ORDER 40.000.000 14.9288 744,427 29 USD
AM D AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
06/12/18 06108/18 SOLD BERKSHIRE HATHAWAY INC DEL CI. A UNSOL AVERAGE UNIT -17.000 293.789.8629 4.994.106 74 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
06/12/18 06108/18 SOLD GILEAD SCIENCES INC UNSOLICITED ORDER AVERAGE UNIT -25.000.000 71.9664 1,798,132.61 USD
GILD PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
06112/18 06108/18 SOLD OUALCOM IA INC UNSOLICITED ORDER AVERAGE UNIT PRICE -10,000 000 60.3107 602,693 65 USD
MOM TRANSACTION YOUR BROKER ACTED AS AGENT
06113/18 06111118 SOLD HONG KONG DOLLAR -18.187.270.980 7.8485 2,317,277 84 USD
06/13/18 06111/18 SOLD H SBC HOLDINGS PLC ORD DM IS NO GB0005405286 -24.800.000 76.9065 1.902.365.42 HKO
HSBA:GB ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF 242,441 46 USD
06/11201
06/13/18 06111/18 SOLD LONKING HOLDINGS LTD SASISNS KYG5536C978 ALLOCATED -710.000.000 4.0103 2.839,974 79 HE'
3339 HK ORDER YOUR BROKER ACTED AS AGENT AS OF 06/11201 361.932 38 USD
06/13/18 06/11/18 SOLD NINE DRAGONS PAPER HOLDINGS LTD SH5 -144,000.000 11.8158 1,697,089 98 HKD
2689:11K (SINS BM665313105 ALLOCATED ORDER YOUR BROKER ACTED 216.280 73 USD
AS AGENT AS OF 06/1201
06113/18 06/11/18 SOLD ANHUI CONCH CEMENT CO LTD 915 H IS1Nt CNE100000112 -52,500.000 49.2295 2.577.887 92 HKD
9$111 ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF 328,531.47 USD
06/11201
06/13/18 06/11/18 SOLD BANK OF CHINA LTD BEING SHS H ISMSCHET00004S -512,000 000 4.1923 2,140,925.65 HKD
3988:11K ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF 272,844 08 USD
06/11201
Page 20 of 28
Account Number
Hated Excellent Clewing through Pealing 11C. a Say owned
Every Yew Since 2007 sobsidiary of TM Bank a Mow Vat Mellon
CONFID DALBARMITO COMMUNICATIONS CogNeatIon My Wilco) rs A na res..
LXIALLINCI Pelting U.C.ertretty Ittato..4W 42Nm—Ouv4ouu4
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009426
EFTA_00157211
EFTA01289574

PA Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
June 1,2018 - June 30,2018
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Props Trade;
Settlement Transaction
Date Date Activity Type Description Quality Price Accrued Interest Amount Currency
Securities Bought and Sold (continued)
06/13/18 06/11/18 SOLO CHINA COMM UNICATIONS CONSTRUCTION COMPANY LTD WS -224.000.000 8.4844 1.895.607.51 HKO
100 HK H ISNICNED00002F5 ALLOCATED ORDER YOUR BROKER 241,580 22 USD
ACTED AS AGENT AS OF 061W201
06113/18 06111118 SOLD DONGFANG ELECTRIC CORPORATION LTD SASH -150.200100 51512 876,585 30 HKD
1372tIK ISIN1C R E130000304 ALLOCATED ORDER YOUR BROKER 111.713 88 USD
ACTED AS AGBIT AS OF 0611,201
06113/18 06111/18 SOLO WBCHAI POW ER CO LTD SHSH 'SINS NED 00004L9 -228.000100 11.1364 2.532.555.05 HKO
2338:liK ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF 322,754.16 USD
06/17201
06113/18 06111/18 SOLO ZHUZHOU CRRC TIM ES ELECTRIC CO LTD SHS-H- .43.400100 38.4342 1,663,744.78 HKD
3898:HK 'SINS CNED00004X4 WITH DUE BILLS ALLOCATED ORDER 212,031 14 USD
YOUR BROKER ACTED AS AGENT AS OF06/112013
06114/18 06111118 SOLD APANESE YEN -22,606,709.000 110.0439 205,433 55 USD
06/14/18 06111118 SOLO NABTESCO CORP TOKYO 915 LTD ISINS P36521001 6.300.000 3.561.5873 22.404.343.00 JPY
6268:P ALLOCATED ORDER YOUR BROKER ACTED AS AGENT AS OF 203,879.73 USD
06/1,201
06118/18 YOUR OPTION WIRED CALL 130 ISHARES TR MSCI EMERGING M KTS ETF ELP -2.400.000 0.00 USD
990AUIRM 06.5.5055.000 OPTION ROOT: Eli EDI CLOSING
TRANSACTION
06120/18 06115/18 SOLO HONG KONG DOLLAR -982.444.650 7.8510 125.136 24 USD
06/20/18 06115/18 SOLD ZTE CORP SHSH ISINO CNE900004Y2 ALLOCATED ORDER -70,600.000 13.9516 982,444.65 HKD
763 HK YOUR BROKER ACTED AS AGENT A$ 0E0615/206 125.163 35 USD
06/21/18 06119/18 SOLD CD PROIXT SA SHS ISMS PLOPTIC000 tl ALLOCATED ORDER 21.348.000 165.2038 3,523,782 00 PIN
OTGLF YOUR BROKER ACTED AS AGENT AS OF 06/81/201 944.789 66 USD
06/22/18 06120/18 PURCHASED APPLE INC COM UNSOLICITED ORDER AVERAGE UNIT PRICE 50.000.000 186.7538 -9.339,697 00 USD
AAPL TRANSACTION YOUR BROKER ACTED AS AGENT
06/25/18 06/21/18 SOLO POUSH ZLOTY -3,523,782.000 3.7298 944,764.33 USD
06128/18 FtBNYEST CASH INCOME PM ORGAN FLOATING RATE INCOM E FUND CLASS I 993 268 4.277.12 USD
.PHSX 327697.7640 SHRS SHRS PURCH. AT 59.34000 RC 06/26 PO
06/28/13
Total Securities Bought and Sold
HONG KONG DOLLAR 0.00 19.109.181.05 HKD
TOTAL USD EQUIVALENT 0.00 2,435,272 87 USD
Page 2* of 28
Account Numbe.r =
Rated ticellent Clewing through hushing 11C. • May anal
ttogn . trey Year Since 2007 sobsidiary of TM Bonk a New Yak Melba
CONFID OMAR MITO COMMUNICATIONS CaneratIon (MY Wilco)
LXCULINCI PerOing LICertrett. IthitA.Pknii2PM-00046603
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009427
EFTA_00157212
EFTA01289575

Transactions by Type of A ctivrt y (continued)
Pims Trade;
Senielen! Tranuellon
Date Date Adivity Type Desaiption Quantily Ria Acaued Inkreeg Mount Cortency
Total Secur dies Bought and Sold (continued)
APANESE YEN 0.00 22.404.343 00 JPY
TOTAL UW EQUIVALENT 0.00 203.879.73 USD
POLISH ZLOTY 0.00 3.523.782 00 PIN
TOTAL UW EQUIVALENT 0.00 944,789.66 UW
US. DOLLARS •1,854.34 595.111.79 UW
Dividends and Interest
06/15/18 CASH DIVIDEND RECOVED 2469000 GENERAL ELEC CO GTD FXD-TO-FLTG RT 49,380.00 UW
369604814 NON-CUM ULATIVEPERPETUAL PREFERRED 4.000% 2103165
REG DTD 121025 CLB RD 05131PD 06151E
06/20118 CASH DIVIDEND RECEIVED 9000 SHRSQUALCOMM INC RD 05130 PD 061201E 6200.00 UW
%OM
06/25/18 BOND INTEREST RECEIVED 290000 WASHINGTON M UT MTGSECSCORP2004-FLA2 M TG 2.782.69 USD
939336620 PASSTHRU CTF CL C-B-1VAR RATE 6.997% 07125/33 B/E DTD
06/0104 RD 05/31P006/2511
06/27/18 FOREIGN SECURITY DIVIDEND 52500.00 SHARESANHUI CONCH CEM ENT CO LTD SHS H 77,380.28 HKD
RECBVED ISINKCNE13000 OV 2 FOREIGN SECURITY DIVIDEND RECEIVED 9.858.37 UW
914 HK R0060513 P006271 ASOF 061051E
06/27/18 FOREIGN BOND INTEREST 103000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL 35.681.25 UW
539439A04 TIER 1SEC.S ISINI US539439AG42 7.500% 04127/88 BIE DTD
04/0704 CLB RD 06126 PO 061271E
06128/18 CASH DIVIDEND RECE1VED "MORGAN FLOATING RATE INCOM E FUND CLASS I 9277.12 UW
.PHSX 3276973640 SHRS RD 06/26 PO 06/28/1
06129/18 MONEY MARKET FUND DEUTSCHEGOVT CASH 7.743.10 UW
INCOM E RECENED
PER232045
Total Dividends and Interest
HONG KONG DOLLAR 0.00 77,380 28 HKO
TOTAL UW EQUIVALENT 0.00 9.858.37 UW
U S. DOLLARS 0.00 111.064.16 UW
Distributions
06/25/18 RETURN OF PRINCIPAL 290000 WASHINGTON Al UT M TG SaSCORP 2004-RA2 M TG 608.30 UW
RECOVED PASSTHRU CTF Cl. C-B-1VAR BATE 6.997% 07125133 BIE DTD
939336620 06/0104 RO 06/31PO 06/25/13
Total Distributions - U.S. DOLLARS 0.00 608.30
Page 22 of 23
Account Numbe
Rated barrem Glenns %push Paslet LLC, awlay *weed
ben. YtOt Sime 2007 sabsidlars of ne laak of New York Menen
C g PAMS Maa COMMUNICATONT Capoestbon SONY ~Ion)
SMUK( Isinhirts IK. en ,ilis,..g;".1 GM_00046604
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) SteatONFID DB-SDNY-0009428
EFTA_00157213
EFTA01289576

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
June 1, 2018 - June 30, 2018
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Ross Trade;
Settlemenl Transaction
Date Dale Adivity Type Desaiption 0karmy dice Accrued Interest Amount Caring
Fees
06/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSIP. F9396H-V-6 -2.00 USD
UBSFF
06/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSIP. CA 63411.1-9 -2.00 USD
HBCYF
06101/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSP GS6360.13-7 -2.00 USD
LONKF
06/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSP 66531.1-0 -2.00 USD
NDGPF
06101/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSP J47010-/-0 -2.00 USD
NCTKF
06/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSP 5534354.3 -2.00 USD
NAPRF
06101/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 2011 CUSP X09S7E-0-6 -2.00 USD
OTGLF
06/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 WSW. Y0004 F-10-5 -2.00 USD
ZTCOF
06101/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSP Y01373-D-2 -2.00 USD
AHCHF
06/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201C USP Y0698A-13 -7 -2.00 USD
BACHF
06/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201C USP Y1R3611-8 -2.00 USD
CCCGF
06101/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSP. Y20958.1.1 -2.00 USD
DNGFF
06/0 1/ 18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201 CUSP Y95314-9-9 -2.00 USD
WEICF
06101/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAY 201C USP Y9892N-13-4 -2.00 USD
ZHUZF
Total Fees - U.S. DOLLARS 0.00 -28.00
Page 23 of 28
Account Number
Rated Wallin, Clewing through Pealwg LC.* ittlay anal
ttogn . Every Yea %Kt 2007 sttaldiary of The Mak N Mew Vat Mellon
COO NFIDO. L DAtIAR PARDCPAKINICATIONS Corporation (ltly Melba)
UCUIANCE PrOtint tC. mentor FinIzA.%41‘. 00-00346605
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009429
EFTA_001572 14
EFTA01289577

Transactions by Type of Activity (continued)
Process Dade
Settlement Transaction
Date Date Activity Type DesaWin Quantity Price Accrued Interest Amount Cumemy
Taxes Withheld
06127/18 FOREIGN TAX WITHHELD AT 52500.00 SHARES ANHUI CONCH CETIBITCO LTD SHSH 2,738.03 HKD
THE SOURCE ISINt CHEM 000IV 2 FOREIGN TAX WITHHELD AT THE 185.84 USD
9MilK SOURCE RD 06058 PO 06271 AS OF 0 6/0 511
Total Taxes Withheld - HONG KONG DOLLAR 0.00 -7,738.03
Total USD Equivalent 0.00 485.84
Ot her Transactions
06120/18 06119116 FREE CREDIT BALANCE APANESE YEN CURRENCY FREE CREDIT BALANCE INTEREST 49.00 JPY
INTERESTCHARGE CHARGE FREE CREDIT INT CHRG 05-20.13 TO 06.1.8 FOR -0.45 USD
PY999993 CUSTOMER ACCOUNT
Total Other Transactions - JAPANESE YEN 0.00 -49.00
Total USD Equivalent 0.00 -0.45
Cash Withdrawals and Deposits
06101/18 FEDERAL FUNDS RECEIVED DEUTSCHE BANK TRUST 40387 75,879.37 USD
US0949997
06/04/18 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST 14500.00 USD
USD999997
06104/18 FEDERAL FUNDS RE-CBVED DEUTSCHE BANK TRUST 02098 136,000.00 USD
USD999997
06104/18 FEDERAL FUNDS RECEIVED DEUTSCHE BANK TRUST 00335 17,000.00 USD
USD999997
06105/18 FEDERAL FONDS SENT DEUTSCHE BANK TRUST 16,750.00 USD
USD999997
Total Cash Withdrawals and Deposits - U.S. DOLLARS 0.00 47,629.37
Tots *coved mutt TotalAmount
Transactions arrentay Total Acand Merest Told Amount Currency USD Equivalent USD6nhalent
HONG KONG DOLLAR 0.00 19,178,823.30 HKD 0.00 2,444,145.40
JAPANESE YEN 0.00 22,404294.00 JPY 0.00 203,879 28
POLISH ZLOTY 0.00 3,523,782.00 PIN 0.00 944,789 66
U.S. DOLLARS -1,854.34 754,385.62 USD -1,854.34 754,385 62
The price and quantity displayed may have been rounded.
Cash Not Yet Received
Security Record Date Payable Dale Quantity Held Rale Dividend Option Amount of Payment
Dividends
GENERAL ELECTRIC CO COM 06/18/18 07125118 25.000.000 0.120000 Cash 3,000.00
Page 24 of 28
Account Plumberli= Rated hotlient Clewing through Politic 11C. awl*, wend
(very Yet Since 20O7 MISS." of The Bask N New Yak Melba
CONFID DALIAR RATED COMMUNICATIONS CarporatIon Melba)
EXCELLENCE Panama U.C. arae-txt FaitIAAR4VELGRA_00046606
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DE1-SDNY-0009430
EFTA_00157215
EFTA01289578

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
June 1,2018 - June 30,20 *IS
SOUTHERN FlNA NCIAL LLC
Cash Not Yet Received (continued)
Security Record Date Payable Date Quality Held Rate Dividend Option Amount of Payment
Interest
BRA INTER NC/ EXELA RN INC GTD 08129118 07115118 2,000,000.000 0.050000 Cash 100,000.00
FIRST PRIORITY SR
Total Cash Not Yet Received $103,000.00
Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the
information
Fixed Income Analysis
Bond Quality Bond Maturity Schedule
% of Bard %of Bond
Bond Quality Market Value Markel Value Percent of Axed Income Bond Maturity Market Vdua Mrk t Valet
A 2,222,100.00 9% MI 7 to 32 months 1,007,500.00 4%
BAA 8,232,600.00 32% lE6 to 10 years 4,879,800.00 19%
M Over 10 years 19,789,885.00 77%
BA! Lower 13,924,888.50 54%
Not Rated 1,297,898.50 5% Total 25,877,185.00 100%
Total 25,877,185.00 100% 0 20 40 60 80 100
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Doors ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Client Service Information
Your Invedment Seeded!: DU Contact infuriation
JOSHUA SHOSHAN Telephone Number:
280 PARK AVE- 3RD FL
NEW YORK NY 10017
Page 25 of 28
2.,
Account Humber
Rated Excellent Clewing through PeesNng LC. *Slay evened
Extra Year Since 2007 .ae.Ml.rra The kelt ether Yak Mellen
CONFIDO. L OMARMT/al COMUJNICATIONT Caeponalan Sly Mallon/
EXCELLENCE Pere. etc member FlteRA.UVVEPA-00046607
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009431
EFTA_00157216
EFTA01289579

Your Account Informati n
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for M utual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC 0E llV ERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the
acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ aboutf strength-and-stability.
• This statement will be deemed conclusive. You ere advised to report any inaccuracy or discrepancy (induding unauthorized trading) promptly,, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can be t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department,
One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents, w itness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason( s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the
Page26 of 28
Account Nunber
RAS hottlent Clearing Um* P.S. LI-Caul*/ evened
(very Year Since 2007 atolls" of The MSc al New Yoh Meta
acc"O NFID gfttAL- DALIAR RATED COMMUNICATIONS Caporation OINY Mellon)
LICILLINCI Perihnx1K. mtett• FINRAAKELGM-00046608
CONFIDENTIAL - PURSUANT TO FED. R CRINI. P. 6(e) DE1-SDNY-0009432
EFTA_00157217
EFTA01289580

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
June 1,2018 - June 30,2018
SOUTHERN FINANCIAL LLC
Important Information and Disclosures (continued)
Important Arbitration Disclosures (continued)
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC. Legal Department. One Pershing Plaza. Jersey City. New Jersey 07399;
Page 2- of :3
Account Homo
Rated Curilem Clown& drench Penhing I.I.C. a %bay owned
Ulf OE m-vrs beet Yes, Since 2007 gabbling of The Balk el New York Mellon
CONFIDO AL- DA/BARRATIO COMMUNICATIONS Ceeporatton any Melba)
OCCULOIC( Pennine llCanerreer RA*. PL,.11‘JeLefIA-00346609
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009433
EFTA 00157218
EFTA01289581

TERMS AND CONDITIONS
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• ALL ORDERS AND TRANSACTIONS SHALL. BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY
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INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED.
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HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR
LIABILITIES TO PERSHING. AND PERSHNG MAY IN ITS DISCRETION AT ANY TIME. WITHOUT TENDER.
DEMAND OR NOTICE TO YOU. CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR
PRIVATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS:
ANY BALANCE REMAINING DUE PERSHING TO BE PROMPTLY PAID BY YOU.
• WHENEVER YOU ARE NDEBTW TO PERSHING FOR ANY AMOUNT. ALL SECURITIES CARRIED FOR
YOUR ACCOUNT ARE OR MAY 8E. WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY
PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WILL PERMIT THE
COMMINGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN. EQUAL TO OR
GREATER THAN YOUR LIABLMES TO PERSHING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT
PROHIBITED BY LAW.
F ANY OF TEE ABOVE TERMS AND CONCLUDES ARE UNACCEPTABLE TO YOU. REASE NOTIFY PERS-1970 DILEDIATELY IN WRRING BY CERTFE0 MAIL TOONE PERSHNO PLAZA JERSEYCITY, Ni 07]99, MTN' LEGAL DEPT
Page28 of 28
Account Numb R•ted Exuatnt Clewing through Pealing 11C. evoke, evened
accenManS Every Yet Since 2007 sabildlary a The kek a Near Yak Meta
CONFIDO. DALIAR RATED COMMUNICATIONS CarponelanM y Mellon)
EXCELLENCE Panting U.C.nerEatt FINRA,SRKELGM-00046610
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DE1-SDNY-0009434
EFTA_00157219
EFTA01289582

Deutsche Bank dutt.tRo Lint ensatr •Vcallhh•NnIetmeil
Madels coon. it (40.:
O•vtiche Sark StANNIPI
PO Box 1776, Baltimore, MD 21203 at. Yon cake
345 Pot page. JMn new
Nes
TON rm.
C., ect
May 1,2018 - May 31.2018
Account Number
SOUTHERN FINANCIALUS
6130 RED HOOK QUARTER B3
ST THOM AS VI 00802
Portfolio at a Glance
This lifted Year4o-Date
Your Investment Specialist. BEGINNINGACCOUNT VALUE $96,694,233.76 $97,272,547.37
JOSHUA SHOSHAN Net Cash Deposits and Withdrawals -1,051,789.89 -1,131,520.87
(212) 454-4433 Adjusted Previous Account Value 95,842,483.87 96,141,026.50
Dividends. Interest and Other !RCM e 809,820.72 1,537,741.84
Total Taxes Withheld 4,837.90 .5,184.60
Other Transactions 608.78 -707.20
Net Change in Portfolio' 5,790,692.16 4,364,555.53
ENDINGACCOUNT VALUE $102,037,432.07 $102,037,4
Accrued Interest 5369.606 97
Estimated Annual Income 53.112.802 82
'Nef Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Percent Asset Type Pau Yese-Eed Lad Period MsPeriod
•
3% Cash, Money Funds, and Bank Deposits 823,820.96 1,126,791.71 2,752,138.08
a 23% Fixed Income 26,083,479.22 27,272,063.55 24,025,290.81
• 70% Equities 60,899,388.97 64,239,589.65 71,251,655.07
kV- 3% M utual Funds 3,020,938.22 3,072,988.85 3,070,528.05
•
1% Exchange-Traded Products 6,444,920.00 982,800 00 937,820.00
100% Account Total (Pie Chart) $97,272,547.37 $96,694,233.76 $102,037,432.07
Please review your allocation periodically with your Investment Specialist.
Page 1 of 27
Rats Eacttlient °W INN INOLOgh Penis:1 .1.Caulay evened
(my Year Since 2007 WbUdialy of The Bank Salm Vat Was
6'"6"NFIDO' DAtRAR RATIO COMMUNICATIONS Corporation OINY Wks)
EXClattICE Perthnall.C. straw IlttliaAPARRGM-00046611
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) OB-SDNY-0009435
EFrA_00157220
EFTA01289583

Summary of Gains and Losses
Reeked
fhb Period Yeas-to-Dale Unrealized
Short-Term Gain! Loss 477671.43 1,151,072.42 3,494,241 46
Long-Term Gain! Loss 11.480.86 2,654,506.16 5.213.866 30
Net Gain! Loss -239,452.29 3.805.578.58 8.708.107 76
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB" ) and other credit institutions introduced ' negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Of rring Closing Amount in
twenty USO Equivalent per U93 Currency Bala Base °WHIG/ USD
CHINA RENM INS' 0.1562 6.4010 EURO -64.80 -75.63
EURO 1.1672 0.8567 HONG KONG DOLLAR 60,534.58 7,717.37
BRITISH POUND 1.3304 0 7516 SAPANESE YEN 202.366.00 1,862.78
HONG KONG DOLLAR 0.1274 7 8439 Total Global Cash Balance $9.504.52
31PANEK YEN 0.0092 108.6300
POLISH ZLOTY 0.2703 3 6988
RAND 0.0789 12.6615
Exchange rates are based on interbank exchange rates as of 05/ 3V 2018. Exchange
rates can vary.
Money Market Fund Detail
Date /Wilily Type Description Amount Mance
Sweep Money Market Fund
DEUTSCHEGOVT CASH INSTL
Current Yield 168% Activity Ending: 05! 31/ 18
05101/18 Opening Balance 1,119,490.43 1,119,490.43
05/02/18 Deposit MONEY FUND PURCHASE 197.470.00 1,316,960.43
05/04/18 Withdrawal MONEY FUND REDEM PTION -193.856.00 1.123.104.43
05107118 Withdrawal MONEY FUND REDEM PTION -77.556.00 1.045.548.43
05109118 Withdrawal MONEY FUND REDEMPTION -100.000.00 945.548 43
05/14/18 Deposit MONEY FUND PURCHASE 1,084,713.49 2,030,261.92
05115118 Deposit MONEY FUND PURCHASE 1,192,980.11 3,223 242.03
05116118 Deposit MONEY FUND PURCHASE 37,695.20 3.260.937.23
Page 2 of 27
Account NumbeJ: IM
Rated tactile/4 Clewing through halm; LC. • aa, anti
sto:n L-- Every Yew Since 2007 sttaldiary of The Bask a Mew Yore Mellon
CONFID MAAR RAM COMMUNICATIONS Corporation (IINY hielloo)
uctunia 00046612
PwsPirtt t LC. meter NNan.$fl4c111,1391"—
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009436
EFTA_00157221
EFTA01289584

Deutsche Bank
U
P.O Box 1776, Baltimore, MD 21203
May 1,2018-May31,2019
SOUTHERN FINANCIAL LW
Money Market Fund Detail (continued)
Date Activity Type DescripIke Moot 84frice
Sweep Money Market Fund (continued)
DEUTSCHEGOVT CASH INSTL (continued)
05117/18 Deposit MONEY FUND PURCHASE 40,000.00 3,300,937.23
05118/18 Deposit MONEY FUND PURCHASE 192220.00 3.403.157.23
05122118 Withdrawal MONEY FUND REDEMPTION -1,752,477.87 1,740,679.36
05123/18 Deposit MONEY FUND PURCHASE 363,287.82 2,703,967.16
05124118 Withdrawal MONEY FUND REDEMPTION 47,612.47 2,636,354.71
05129118 Deposit MONEY FUND PURCHASE 3,312.67 2,639,667.38
05131/18 Deposit INCOM E REMY EST 2,966.52 2,642,633.90
05131118 Closing Balance 82,642,633.90
Total All Money Market Funds 82,842,833.90
Income and Expense Summary
torrent Period Yomia-Oils
TaxSa Han Taxable Tamable NMI Taxable
Dividend Income
Equities 176,824.21 0.00 331,714.10 0.00
Money Market 2,966.52 0.00 17,384.58 0.00
Other Dividends 289,340.54 0.00 514,740.80 000
Interest Income
Bond Interest 2,794.59 0.00 325,719.48 0.00
Other Interest 37,695.20 0.00 74,499.60 0.00
Expenses
W ithholding Taxes 4,837.90 0.00 -5,184.60 0.00
Fees( Foreign Securities) 400.00 0.00 400.00 0.00
Total Dividends, Interest, Income and Expenses 004,383.16 80.00 $1,258,473.96 PIN
Distributions
Alternative Investments 0.00 99,999.66 0.00 273,683.28
Other Distributions -78.78 518.08 -77.20 29,376.28
Total Distributions 476.78 8100,517.74 477.20 $303,059.56
Page 3 of 27
Account ..:„
Rated Entlient Gleama through halting11C nakoly wend
Number L Every Year Since 2007 sobsidiary of The Book other Yak Mellon
CON F I D OMAR RATED COMMUNICATIONS Ono-saw (IINY
EXCELLING( PerI hnx 11.C.Frertan IthltA.SiVillxeM-00046613
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009437
EFFA_00157222
EFTA01289585

Portfolio Holdings
U.S. DOLLARS
Account Activity Opening posing Acaued Income 30.0ey Current
Opening Die Corey Number Biding Balance eadance Income Ms Year Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Margin Balance 0.00 99 999 66
Money Market
DEUTSCHE GOUT CASH 'NUL
05101118 2,642,633.900 N/A osra 111 8 1,119,490.43 2,642,633.90 0.00 17,384.58 1.65% 1.68%
Total Money Market $1,119,490.43 $2,642,633.90 $0.00 $17,384.58
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $1,119,490.43 $2,742,633.56 $0.00 $17,384.58
Adjusted Uneealzed Awned FoliceMed Muted
Date Acquired Quantity We Cote Cost Basis UuMt Price Minket Value OelmMose Interest Mani Inmate Yield
FIXED IN COM E (In Maturity Date Sequence)
°Asset Backed Securities
WASHINGTON M UT MTGSEGSCORP 2004•RA2 Sedulity Identifier 939336520
M TG PASSTHRU CTF CL DDIVAR RATE
6.998% 01125133 81E Olt 0610104
Factor: 0.38993081 Effective Date:05/01S
Current Face Yalue: 177,20.745
12/13/13 .'"? 1,290,000.000 76.5190 365,155.01 93.0170 443,887.12 78,732.11 2,783.20
Original Cost Basis: $638905.71
Total Asset Backed Securities $365,155.01 $443,887.12 $78,732.11 52,783.20 $0.00
1,290,000.000
Total Current Face Value:477,210.745
Corporate Bonds
CITIZENSCOM MUNICATIONSCO SR Sedulity Identifier: 174538AW1
NT FULLY EXCHANGED FROM 44538AX9
7.0%03/VI 8/E DID 03/23/01M oody Rating CAAISS P
Rating D
10/03117 1,000,000.000 100.0570 1,000,565.67 101.2500 1,012,500.00 11,934.33 15,041.67 71,250.00 7.03%
Original Cost Basis: S100100650
EXELA INTER LLC/ EXELA FIN INC GTI) Severity Identifier 3052RAA9
FIRST PRIORITY SR SECO NT 144A
1).000% 07/6/23 WE DT0 0719/ 17 CLBMoody Rating 83 S 8 P
Rating B
10/24117 2.000.000.000 97.0250 1.940.506.00 102.3750 2,047,500.00 106.99450 75.55556 200.00050 9.76%
Original Cost Basis: 51940,50600
Page 4 of 27
tc:
Account Numbeill=
Rats Etotlist Clannalteash Pa* LLC nib* salmi
L (very Year Sins 2007 sabtialiary of Tot MS a Near Yost Man
C„ONFIDO. DALIAR RATIO COMMUNICATIONS Caporals SHY Man)
iimm.fignmeM-00046614
VICILLINCI Perthnx 'river
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DI3-SDNY-0009438
EFFA_00157223
EFTA01289586

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
May 1,2018- M ay 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
*dinged Unrealized Accrued Eslir sled
Date Acquired Quantity Unit Cost Coat Dais Market Rice Mar)el Van. e Gain Loss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
J38 INVTS GM BH GTD SR NT Security Identifier:429866AM
REG S 'SINS U64298664853
7250% 04103124 BlE DTD 04103/516 8 P Rating B.
10/31/17 2,000,000.000 99.0650 1.981.300.00 98.2510 1.965.020.00 .16.280.00 22.958.33 145,000.00 7.37%
Original Cost Basis: $198t300.00
SERVICEMASTER CO NT 7250%03/0138 Security Identifier: 81760NAB5
DTD 03/02/98 ET CFN DTE 09)0198
CPN PVT Sall ANNUAL ON MAR 01AND SEP011oody Rating
US& P Rating B
10/18/17 500,000.000 103.9440 519.721.72 99.6250 198.125.00 -21,596.72 9.062.50 36,250.00 727%
Original Cost Basis: $520.003.00
10/19/17 350,000.000 103.9460 363,811.64 99.6250 348,687.50 -15,124.14 6,343.75 25,375.00 727%
Original Cost Basis: $364 606 00
10/20117 80.000.000 103.9520 83 61.71 99.6250 79.700 00 -3.161 71 1,450 00 5,800.00 727%
Original Cost Basis:683206.00
10/31/17 10,000.000 103.9550 12,768.62 99.6250 69,731.50 .3,031.12 1268.75 5,015.00 727%
Original Cost Basis: $72.806.00
Total Covered 1,000,000 000 1.039.163.69 996,250.00 -43,213.69 18,125 00 72,500 00
Total 1,000,000.000 $1.039.463.69 $996.250.00 443213.69 $16,125.00 $72,500.00
ASSURANT INC FXD TO FLTG SOB NT Security Identifier: 0462'MK4
7.000% 03/27/48 B/E DTD 03/2711
CALLABLE03/27128(i 130000Moody Riling BAA3
03/29/18 2,000,000.000 101.9970 2,039,938.33 1023700 2,055,100.00 15,461.67 24,888.89 140,000.00 6.81%
Original Cost Basis: $2.040.006.00
Se ORGAN CHASE 8 CO DEP SHSREPSTG Security Identifier: 46625HHA1
TATH PFD SER1FIXED TO Fl70 RT BD
5828% 04/23156 8/E DTD 04123108M oody Rating tiaa3 S 8 P
Rating BBB•
06/15/11 " 37 2,500,000.000 107.5000 2,687,500.00 100.6250 2,515,625.00 ,171,875.00 12,141.67 145,700.00 5.79%
Original Cost Basis: $2.687.500.00
Page 5 of 27
Account Nina
Rated Galls. Owing Omagh PenblinlIC a al*, owned
L Every Yea Since 2007 star, of The kek a New Yak Melba
CONFIDO. (DAA{m I AR a R r A a TE D COMMUNICATIONS P Co t r / p 0 o k ra t t fon (I e IN m Y o M te e . l l F on ii ) • RAAWq2N s m-00046615
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009439
EFTA_00 157224
EFTA01289587

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted lawealad Around EatImMed Estimated
Clete Acquired Nudity UM Cost Cost Weis Hetet Price Market Value Sabana lateral Aloud Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
alORGAN CHASE& CO DEP SIM REPSTG (continued)
06/15111 2,500,000.000 107.0000 2.675.000.00 100 6250 2.515.625 00 -159,315.00 12,141.66 145.700 00 5 79%
Original Cost Eras $2875,000.00
Total Nonovered 5,000,000.000 5 362 500.00 5.031 250 A0 431,250.00 24,283.33 291,400 00
Total 5,000,000.000 $5,362,500.00 85 031250 00 4331,250.00 $24,283.33 $291,400.00
SOUTHERN CALIF EDISON CO PREP SER E Security Idealist. 84240011/2
6250%0117/62 WE DTD 011112
CALLABLE01/01220 M oody Rating SAM S& P Rating
10 000
88B-
01130112'•s,2 3,000,000.000 99.8910 2,996,719.84 105.9500 3.178 500 00 181.780.16 62.500.00 187.500.00 589%
Original Cost Basis: 52992564.97
GENERAL ELEC CO GTD FXD-TO.FLIGRT Securdy Identifier: 3695048514
NON-CUMULATIVE PERPETUAL PREFERRED
4.000% 2/03/65 REGOTDIV03/Elloody Rating A3 S& P
Rating BBB*
12/03/15 2,469,000.000 88.0930 2.175.016.17 89.0000 2.197.410 00 12.393.83 45,539.33 98.760 00 4 49%
Original Cost Basis: 52,1750117
LLOYDS BANKING GROUP PLC FXD RATE RESET Securdy Identifier: 539439AG4
AD DL TIER ISEC-5151Na US539439AG42
7.500% 04127188 WE DID 04107/NS& P Rating 88-
04/10114 .." 1,903,000.000 102.3910 1,948,500.00 104.6250 1,991,013.75 42,513.75 25,373.33 142,725.00 7.16%
Original Cost Basis: 51948.500.00
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier 17296725
5950% ON SAN WE DID WU1 1/5
CALIABLE08115/20 D0.0008 oody Rating BA2 & P Rating
BB+
08106/15 3,000,000.000 100.0000 3,000,005.99 103.5520 3,108,560.00 106,554.01 52,558.33 178,500.00 5.74%
Original Cost Basis: $3000.006.00
Total Corporate Bonds $23,484,515.69 $23,581,403.75 $96,888.06 $366,823.77 $1,527,635.00
23,372,000.000
TOTAL FIXED INCOM E $23,849,670.70 $24,025,290.87 $175,620.17 $369,606.97 $1,527,635.00
24,662,000.000
Page 6 of 27
Account Numbe
Rated hottlent Cleanng through PershingI IC nob* evened
Every Yet Since 2007 sobsidiary of The Bank ether WA Mellon
anb NFID DALIAR RATIO COMMUNICATIONS -saw (OM MAW
("all INCE OPenrIhonx (OM FiratA.g)kyLe&M_00046616
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009440
EFTA_00157225
EFTA01289588

a
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
May12016 -May 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Eslir 31 ed Estraled
Date Acquired Quantity Unit Com Cost Basis Market Rix Market Value GainiLoss Ann al Ir come Yreld
EQUITIES
Common Stocks
ADVANCED MICRO DEVICES INC COM Security Identifier: AND
Dividend Oplion: Cash CUSP. 00790317
50.000.00 of these shares are in your margin account
09115117 20.000.000 12.2810 245.612.36 13.7300 274.600.00 28.987 64
12115117 30,000.000 12.2300 366.912.57 13.7300 411.900.00 44,987.43
Total Covered 50,000.000 612.524.93 686,500.00 73,975.07
Total 50,000.000 $612.524.93 $686,500.00 $73,975.07 $0.00
ALIBABA GROUP HIM LTD SPONSORED ADR Secutity Identifier: MBA
ISMS US01609W1127 CUSP:05090/12
Dividend Option: Cash
06/10/15 5,000.000 88.9500 444.749.00 198.0100 990.050.00 545,301.00
ALPHABET INC CAP STK CL C Securdy Identifier GOOG
Dividend Oplion: Cash CUSP 02079K97
04/02/18 1.000.000 1.004.6340 1.004.63149 1.084.9900 1.081.990.00 80.355.51
AMAZON COM INC Security Identifier: AMZN
Dividend Option: Cash CUSP. 023%16
03/29/18 500.000 1.423.8620 711.930.80 1.629 6200 811.810.00 102.879 20
04102/18 500.000 1,367.0210 683.510.38 1.629.6200 811.810.00 131,299.62
Total Covered 1,000 000 1,395,441.18 1,629,620 00 234,178 82
Total 1,000 000 $1.395,141.18 $1,629,620.00 $234,178.82 $0.00
APOLLO GLOBAL N GU T LLC CL A SHS Seemly Wenl her: APO
Dividend Oplion: Cash CUSP 03162306
26317.00 of these shams are in your margin account
03/29/11 " 3 263,157.000 19.0000 4,999,983.00 31.3200 8.242.077 24 3.242,094 24 513,156.15 622%
APPLE INC 00M Security Identifier:AAR
Dividend Oplion: Cash COP:037833130
12/07/17 214,000.000 169.8140 36,340,223.40 186.8700 39.990.180 00 3,649,956 60 624,880.00 1.56%
Page 7 of 27
Account Number:
Rated balls. Clewing Omer Pealing LC. a volay evened
Every Yea Since 2007 entaldlary of The Beek a New Volt Wane
CONFID DAUIAR PATIEDCOMMUNICANONS Corpoyaben OINY Aldan) ........‘, , s a
EXCUSING( fienhiettucreenorfrovn.itYPUNm _00046617
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009441
EFTA 00157226
EFTA01289589

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated &healed
Dale Acquired Quantity Unit Co Cost Balls Market Price Market Value Gaintoss Annual income Yield
EQUITIES {continued)
Common Stocks (continued)
BERKSHIRE HATHAWAY INC DEL Cl. A Security Identifier: BRKA
Dividend Oplion: Cash CUSIP. 08467018
02/05118 3.000 310,425.3330 931,276.00 287.200.0000 861,600.01 -69.675.99
02/16/18 3.000 307.028.6670 921.086.00 287.200.0000 861.600.01 -59.485.99
03/19/18 3.000 305.135.3330 915.406.00 287,200.0000 861.600.01 53.805.99
03123118 3.000 296.035.3330 888.106.00 287.200.0000 861.600.01 -26.505.99
03127118 3.000 301,475.3330 904,426 00 287,200.0000 861,600.01 -42125 99
05/21/18 2.000 297.053.0000 594.106 00 287200.0000 574.399.95 -19.706.05
Total Covered 17100 5,154,406.00 4,882,400.00 -272,006.00
Total 17.000 $5,154,406.00 $4,882,400.00 4272,006.00 $0.00
BIOGEN IDEC INC COM Security Identifier. BOB
Dividend Oplion: Cash CUSP 09062X13
02/14112" 2,095.000 110.2720 231,019.65 293.9600 615.846 20 384,826 55
CENTENE CORP DEL COM Security Identifier. CNC
Dividend Oplion: Cash CUSP. 1515811
09108114 15.550.000 63.6450 989.679.75 117.1600 1.821.838.00 832.158 25
GENERAL ELECTRIC CO COM Security Identifier. GE
Dividend Oplion: Cash CUSIP. 36960413
25,000.00 of these shares are in your margin account
02/23/18 2,500.000 16.2210 40,551.71 14.0800 35,200.00 -5,351.71 1,200.00 3.40%
02/26118 2.500.000 16.2210 40.551.71 14.0800 35.200.00 -5.351.71 1,200.00 3.40%
03/05118 800.000 16.2260 12.980.63 14.0800 11.264 00 -1,716.63 384.00 3.40%
03107118 5.000.000 16.2190 81.097.41 14.0800 70.400.00 -10.697.41 2,400.00 3.40%
03/12/18 2,500.000 16.2210 40,551.71 14.0800 35.200.00 4,351.71 1,200.00 3.40%
03/16/16 11,700.000 16.2190 189.759.90 14.0800 164.736 00 -25,023.90 5,616.00 3.40%
Total Covered 25,000.000 405.493.07 352.000.00 -53.493.07 12,000.00
Total 25,000.000 $405,493.07 $352,000.00 453,493.07 $12,000.00
GILEAD SCIENCES INC Scarily Identifier: GILD
Dividend Oplion: Cash CUSP: 37555813
25,000.00 of these shares are ie your margin account
02/05114 5.000.000 79.2810 396.407.00 674000 337.000 00 -59.407.00 11,400.00 3.38%
03/07/14 3,100.000 79.6120 246.797.00 674000 208.940 00 -37.857.00 7,068.00 3.38%
10/24/17 4,400.000 80.0900 352,395.71 674000 296,560 00 -55,835.71 10,032.00 3.38%
05/02118 2.500.000 72.5730 181.432.49 674000 168.500 00 -12.932.49 5.700.00 3.38%
05/03/18 1,000.000 72.5870 72.586.60 674000 67.400 00 -5,186 60 2,280.00 3.38%
Page 8 of 27
Account Nora
Wed balls. Charing Omagh Penh's.* LLC. a as, *WOW
bay Year Since 2007 subsidiary a Ma in a New Yee10.4ellon
CONFIDO L DAUM PATIEDCOMMLINICATIONS Carpoeabon (MY Mallon)
LX CHUNG Panairat lLC. woven F ikitA3IWOLeMI/I_OULP4bb1 IS
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009442
EFTA_001572/ 7
EFTA01289590

PA
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
May 1,2018 - May 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Eelh aled
Date Acquired (muddy Unit Cap Cod Bala Market Rice Market Value Garlic's Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
GILEAD SCIENCES INC (continued)
05118118 9.000.000 72.5710 653.141.36 67.4000 606.600.00 -46.541.36 20.520.00 3.38%
Total Covered 25.000 000 1,902,760.16 1,685,000.00 217.760.16 57.000 OD
Total 25,000.000 $1,902,760.16 51,685,000.00 4217.760.16 $57,000.00
NINTENDO LTD ADR Security Identifier: 1700Y
Dividend Oplion: Cash CUSP: 654445303
02/05/18 10,000.000 51.7910 517,906.00 51.0400 510.400 00 -7,506 00 4,689.56 0.91%
OUALCOMM INC Security Identifier:0CM
Dividend Oplion: Cash CUSP. 74752503
0.000.00 of I hese shares ate Irl your margin account
04118118 2.500.000 58.1730 145.432.61 58.1200 145.300.00 -132.61 6,200.00 426%
04120/18 7,500.000 58.1710 436,285.83 58.1200 435,900.00 -385.83 18,600.00 426%
Total Covered 10.000000 581,718 44 581,200.00 518.44 24,800 00
Total 10 000 000 5581.718.44 $581,200.00 4518.44 $24,800.00
Total Common Stocks 554,580,539.07 $63,072,101.44 58,491,562.37 $1,236,525.71
Preferred Stocks (Listed by expiration date)
GM AC CAP TR I GTO TRPFD SECS SER 2 CPN- Security Identifier. ALLY PRA
8.125% FREOORTLY MATY-02/112040 CALL CUSP. 36160208
ANYTIME4:125W30 DAYS BEGIN802/5l5
Dividend Oplion: Cash
02/22/12 80.000.000 23.5350 1.882.773.60 28.1100 2 088,800.00 206.026.40 152,329.04 729%
Total Preferred Stocks $1,882,773.60 $2,088,800.00 5206,026.10 $152,329.04
Options
CALL 10 'SHARES TR IA SCIEMERONGLIKTS Option Identifier: 990ALIIRM
'NM FD E906-1-1055000 Undellfing Security Identifier: EEM
OPTION ROOT: EEM Underlying Security Nice. $4569
Price Estimated as of: 0512911
01117/18 2.400.000 0.4400 105.608.00 0.0100 2.400.00 -103.206.00
Page 9 of 2 -
Account ter
Rated I 'eviler.? Own. through Penang LC.* ollet Owned
L4 Even Yew Since 2007 **Wiwi or The eon of New VGA lAelkm
CONFIDO DALBAR RATIO COMMUNICATIONS Ommentam(ONY wlwN
EXCIILLINCI AnOinall.C.mner ,uoiAiiPAPLEIPA-0°°46619
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009443
EFTA_00 I 57228
EFTA01289591

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Untested Estimated Estimated
Dale Acquired QuatIty aN Coat Cod Beds Motet Price Market Value adolloss Anna Income Yield
EQUITIES (continued)
Options (continued)
CALL MO AIPHABET INCCAPSMC a C Option Identifier: 990141860H
RP 07-2041 61130.000 Underlying Swirly Identifier: GOOG
OPTION ROOT: GOOG Underlying Sectifity Price:9108419
-1).00 of these contracts area stoat position
05r22118 -10.000 22.9110 -22,943.70 27.9000 -27.900.00 4,956.30
PUT TO ALPHABET INC CAP STK CL C Option Identifier: 991:IA118031
OW 07.204 0925.000 Underlying Securely Identifier: GOOG
OPTION ROOT: GOOG Underlying Security Price:3808499
-13.00 of these contracts area short position
05122118' -10.000 12.9140 -12,943.83 8.7000 4,700.00 1,243.83
Total Options 889,718.47 434,200.00 4103,918.47 $0.00
TOTAL EQUITIES 656,533,031.11 $65,126,701.44 88,593,670.30 $1,388,854.75
Untested Estimated Estimated
Date Acquired Quantity Onl Cod Bab Market Pike Market Value Gainless Maud Income Yield
M UTUAL FUNDS
SM ORGAN FLOATING RATE INCOME FUND Security
CUSS' CUSIP.1812L51)
Open End Fund
Dividend Option: Reinvest; Capital Gains Option: Reinvest
09128117 318909.717 94100 3900.000.00 9.3700 2,987247.62 -1275238 117,857.59 394%
Reinvestments to Elate 8.887.987 9.3990 83.533 78 9.3700 83280.43 -253 35 3,285.71 314%
Total Covered 327497.764 3.083.533 78 3,070,528.05 -13005 73 121,143.30
Total 327 697 764 83,083,533 78 $3 070.528 05 -513 005 73 $121 143.30
TOTAL MUTUAL FUNDS 13,083,533 78 13 070,528 05 .113 005 73 5121 143.30
Unrealized Estimated Estimated
Date Acquired Quantity UnN Cost Cost Bats Market Price Market Value Gain Loss Annual Income Yield
EXCHANG-ETRADE) PRODUCTS
WARESINC M SCI SOUTH KOREA OF &eerily Identifier: EWY
Dividend Option: Cash; Capin' Gaits DON: CM CUSP 464288772
11103/17 13,000.000 75.8480 985,996.98 72.1400 931,820.00 .48,178.98 28,291.14 301%
TOTAL EXCHANGE-TRADE) PRODUCTS 1985,998 98 $937,820.00 148,178.98 $28,291.14
Unmated Acaued Skated
Coal Bads NOS Value War Loss lateral Annual Income
TOTAL U.S. DOLLARS $87,194,866.16 $95,902,973.92 18,708,107 76 1369.806.97 $3,083,308.77
Page '0 of 27
Account Number:
Rated hottlent Clewing *nigh PaflS IIC nob* email
Every Year Since 2007 sabsidiary a The Mak a Maw Vat Meta
CONFID DALIAR RATIO COMMUNICATIONS Ono-saw (atly Mellon)
LXCILL INCE Per Ihnx ,.w-a.FINRAAR4VELGM-00046620
CONFIDENTIAL — PURSUANT TO FED. R CRI6,1 P. 6(e) OS-SDNY-00014444
EFTA_00157229
EFTA01289592

a
Deutsche Bank
PO Box 1776, Baltimore, MD 21203
May1,2018 -May 31,2018
SOUTHERN FlNA NCIAL LLC
Portfolio Holdings (continued)
CHINA RENM INBI
air Med
Description Ovanlily Market Pace Market Value Datong Yield
EQUITIES
Common Stocks
CHINA OM M UNICATIONS CONSTRUCTION COMPANY 224,000.000 6.8825 1,541,691.20 CNY
LTD SHS ISINSCNE900002F5 240,450.56 USD
Security Ideetifier.S00:HK
CUSIP: YE36J1M
Total Common Stocks 1,541,691.20 CNY
240,450.56 USD
TOTAL EQUIT IES 1,541,691.20 CNY
240,450.56 USD
Acaved
Menet Wye Currenq Adored
TOTALCHINA RENMINEN 1,541,691.20 CNY 0.00
240,450.56 USD 0.00
EURO
0P'S% CUM Aimed 30-Day
0esaipliee evanlily Sauce Manse Omency Income Yield
CASH. MONEY FUNDS. AND BANK DEPOSITS
Global Cash Balance 0.00 14.80 BJR
-75.63 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 0.00 44.80 WR 0.00
-75.63 USD 0.00
Page 11 of 27
Account Humber.
Rated hottlent Ching through P.nb LC. eulogy evened
(my Year Since 2007 stosidiary of TM Baket/4a Vat Mellon
CONFID D V A IC LB IL A L R I N R C AT I IO COMMUNICATIONS C P a e r r p th o n ra x t Ion (M er Y ta M n a m o) e aAtellneteM-00046621
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DE1-SDNY-0009445
EFTA_00157230
EFTA01289593

Portfolio Holdings (continued)
EURO (continued)
Bleared
Oescriptioe Civility NAM Pike Market Value Cuttimoi Yield
EQUITIES
Common Stocks
UBI SOFT ENTERTAINMENT 11,200.000 92.8200 1,037,344.00 EUR
Mit FR0000064470 SA MONTREUIL ACT 1,210,787.92 USD
Security Ideetifier.UBI:FR
CUSP P33961413
Total Common Stocks 1,037,344.00 EUR
1,210,787.92 USD
TOTAL EQUITIES 1,037,344 00 SIR
1,210,787.92 USD
Acaued
Market Woe Wrong Intact,'
TOTAL EURO 1,037,279.20 SIR 0.00
1,210,712.29 USD 0.00
BRITISH POUND
Estimated Eslimaled
Description Quantity Market Price Market Value Currency Annual Income Yield
EQUITIES
Common Stocks
HSBC HOLDINGS PLC ORD SHS 21,800 000 7.2060 178,708 80 GBP 745640 4.17%
19Ni680005405286 237,754.18 US) 9,920 00
Security IdeetiliecHSBA:GB
CUSIP:64634U69
Total Common Stocks 178,708.80 GBP 7,458.10
237,754.18 USD 9,920.00
TOTAL EQUITIES 178,708.80 GBP 7,456.40
237,751.18 USD 9,920.00
Acaue4 Ettkoatod
Market Value Cuttenq Interest Mimi Income
TOTAL BRITISH POUND 178,708.80 128P 0.00 7,456.40
237,754 18 USD 0.00 9,920.00
Page 12 of 27
Account Number
Rated hotlient Clawing through Pelham 11Caulholy evened
It : SI M..1 , Emery Year Since 2007 sataldiary of The Bask el New Yak Mellon
0NFIDOP D LX A C U I IA LL R I N RA C T I ED COMMUNICATIONS C Pe a r e s p ti o ra n t I f l o k n . ( m IN e Y m m ber a F w I N R•SigniteM_ 00046622
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) 00 DB-SDNY-0009446
EFTA_00 I 57231
EFTA01289594

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
May 1,2018 - May 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
HONG KONG DOLLAR
Opening among Accrued 30 Clay
Description Quoddy Balance Woo Currency income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 42,782.40 60,534.58 HKD
1.717.37 USD
TOTAL CASH, M ON EY FUNDS, AND BANK DEPOSITS 42,782 40 60.534 58 HKD 0.00
7717.37 USD 0.00
Estimated Estimated
Desorption Quantity Market Price Market Value CilfM iley Annual Income Yield
EQUITIES
Common Stocks
LONKING HOLDINGS LTD SHS 110,000.000 3.9300 2.790.300.00 HKD 113.59944 4.07%
ISINIKYG5636C978 355.726.33 USD 14,482 52
Security Id enl Met 333911K
CUSP. G5636CV7
NINE DRAGONS PAPER HOLDINGS LTD SHS 144,000.000 12.4800 1,797,120.00 HKD
0653131)05 229.109.33 USD
Secuiily 268911K
CUSP. GSS313D0
ZTECORP SHSH ISNSCNED00004Y2 70,600.000 25.6000 1,807,360.00 HKD
Security Id eel ifier 763:11K 230.414.89 USD
CUSP. Y0004 P05
ANHUI CONCH C8,1 ENT CO LTD SHSH 52.500.000 48.1000 2,525250.00 HKD
ISHII DE100000182 321,936.51 USD
Security Id eal Wier 914:11K
CUSP. Y01373D2
BANK OF CHINA LTD BEUNG SHS H 512,000.000 4.1000 2,099,200.00 HKD
ISHIIDIM0000V 267.620 35 USD
Security Id eel ifier 3988:HK
CUSIP. Y06984137
DONGFANG ELECTRIC CORPORATION LTD 150.200.000 5.9500 893.690.00 FIND
SHSH ISINSCNED0000304 113.933.76 USD
Security Idenlifier 1)7211K
CUSIP. Y20958191
Page '3 of
Account Numb Rated ticellent Clewing through Penang LC. a tAto&I owned
trey Year Same 2007 sataidiary of The Bank el New York Mellon
CONFIDO. L4 OMAR ItAITO COMMUNICATIONS CancratIon OM Mellon)
LXCULINCI Periling 11.C. met-en rthstoAWLet.GM-00046623
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009447
EFTA_00157232
EFTA01289595

Portfolio Holdings (continued)
HONGKONG DOLLAR (continued)
Estimated Estimated
Oescration Cleanlity Market Pam Market Value Currency Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
WBCHAI POWERCO LTD SHSH 228,000.000 103200 2,398,560.00 HKD
ISMS G493000040 305)85.16 US)
Security Ideetifier 2338:HK
CUSIP. 79531AD9
ZHUZHOU CRK TIM ES ELECTRICCO LTD 543 43,400.000 39.5000 1,714,300.00 HKD
•Ii• ISMS 04EVOODOIX4 218,550.94 USD
Security Idmanlier:3898M
CUSP: Y98926114
Total Common Stocks 16,025,780.00 HKD 113,599.44
2,043,077.27 USD 14,482.52
TOTAL EQUIT IES 16,025,780.00 HIM 113,599.44
2,043,077.27 USD 14,482.52
Accrued &Muted
Market Value Currency littered Maud Income
TOTAL HONG KONG DOLLAR 16,086,314.58 HKD 0.00 113,599.44
2,050,794 64 USD 0.00 14,482.52
JA PA N ESE Y EN
0946669 Doting Accrued 30-Day
Description Quantity Bekaa Balance Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 202,424.00 202,366.00 JPY
1.862.78 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 202,424.00 202,366.00 JPY 0.00
1,862.78 USD 0.00
Edlmted Striated
Desalptioe Overfly Markel Pike Market Value Currency Maud Income Yield
EQUITIES
Common Stocks
NASTESCO CORP TOKYO SHS LTD 6,300.000 3,560.0000 22,428,000.00 JPY 453,571.53 2.02%
ISINIP365129001 206,449.74 USD 4,175.38
Security Ideetifier.6268:?
CUSP )17070110
Total Common Stocks 22,426,000.00 JPY 453,571.53
206,449.74 USD 4,175.38
Page 14 of 27
Account Number:
Rated EstrIlent Clewing liner Pealing 11C. auk*, evened
Uo .s (very Year Since 2007 sobildlary of The kek el Near Vat Man
CONFIDOP E D X A C LI I A L R LI R N A C T I IO COMMUNICATIONS C Pe a r r t p h o n n g tf U o . n C ( . M nt Y e- b M e e r l l i o im n) ea.fickKeteM-00046624
CONFIDENTIAL - PURSUANT TO FED. R CRIKA P. 6(e) 3 DI3-SDNY-0009448
EFTA_00157233
EFTA01289596

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
May 1,2018 - M ay 31,2018
SOUTHERN FINANCIAL LW
Portfolio Holdings (continued)
JAPANESE YEN (continued)
Estimated Estimated
Description dwells Merkel Pike Merest Vane Clang Maud Income Yield
EQUITIES (continued)
TOTAL EQUITIES 22,426,000.00 JPY 453,571.53
206,449.74 USD 4,175.38
Maven Estimated
Merkel Value Currency littered Maud Income
TOTALJAPA NESE YEN 22,630,388.00 JPY 0.00 453,571.53
208,312.52 USD 0.00 4,175.38
POLISH ZLOTY
BMWS
Oescripelon Cleandly Mrket Price Market Value Currency Add
EQUITIES
Common Stocks
CD PROIKT SA %IS 41,348.000 152.8572 8,320,339.51 PIN
PLOPTTC00011 1,708,453.05 USD
Security Ideetifier OTGLF
CUSP: X0957E96
Total Common Stocks 8,320,339.51 PIN
1,706,453.05 USD
TOTAL EQUITIES 6,320,339.51 PIN
1,708,453.05 USD
Matted
Market Value Currency Interest
TOTAL POLISH ZLOTY 8,320,339.51 PLN 0.00
1,708,453.05 USD 0.00
Page 15 of 27
Account Numb Rated Excellent Clain; lamer. I1C nib* wend
beer Year Since 2007 sataldlarg al The in a New Vat Mellon
CONFIDO. DAIIIAR WM COMMUNICATIONS Carpotat$a n (Ely Man)
LXCELLENCE PeMr l 11.C. rinetan FINRA.SiVVELGM-00046625
CONFIDENTIAL - PURSUANT TO FED. R CRilvl P. 6(e) DI3-SDNY-0009449
EFTA_00157234
EFTA01289597

Portfolio Holdings (continued)
RAND
Estimated Blind
Desorption dandy Market Price Market Value Currency Annual income Yield
EQUITIES
Common Stocks
NASPERS LIM ITED LTD 2,000.000 3,028.0000 6,052,000.00 2AR 11.599 83 0.19%
ISMS ZA500006889 477,980.91 USD 916.15
Security Identifier. NAPRP
CtISIR 55343593
Total Common Stocks 6,052,000.00 TAR 11,599.83
471,980.91 USD 916.15
TOTAL EQUITIES 6,052,000.00 MR 11,599.83
477,980.91 USD 916.15
Accrued Estimated
Market Value Currency Interest Amami Income
TOTAL RAND 6,052,000.00 ZAR 0.00 11,599 83
477,980.91 USD 0.00 916.15
Unmated Awued Estimated
Cost Basis Merkel Value Dakotan Inten Annual Income
TOTAL PORTFOLIO HOLDINGS - U.S. $87,194,866.16 $102,037,432.07 $8,708,107.76 $369,606.92 $3,112,802.82
DOLLARS
• Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as 'noncovered". Securities marked as 'covered', were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1099-8 for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation este the accuracy of this information.
The Current Face value represents the outstanding principal balance of the underlying security. The Current Fece value is determined by multiplying the current factor times the original face
amount of the secorify. Factors may changeover time and are obtained from sources we believe to be reliable.
t2 Pershing hes received updated cost besisinformation, therefore cost baNs provided on previous client brokerage statements may differ from the new cos basis reported in this section.
° The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Page 16 of 27
Account Number Rated Istyllent Cleanng through Pate LLC nib* evened
stor ms-sr:1 (very Yes, Since 2007 sabsidiary of fie kelt anew Vat Mellon
CONFIDOP DALBAR RATIO COMMUNICATIONS Canceallan My Mellon)
LXCILLINCI Penh ng U.C.rrienter FINRAVNYLOM-00046626
CONFIDENTIAL — PURSUANT TO FED. R CRINI P. 6(e) DB-SDNY-0009450
EFTA_00157235
EFTA01289598

O
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
M ay 1, 2018 - M ay 31,2018
SOUTHERN F1NA NCIAL LLC
Holdings Summary by Currency
Fxchmge•Trked
Currency cam Fhed Income Equities Mutual Raids Funds Total by Currency
U.S. DOLLARS 2)42,633 24,025,290 65,126,701 3,070,528 937,820 95,902,973 USD
CHINA RENM INEO 0 0 1,541,691 0 0 1,541,691 CNY
EURO 44 0 1.037,344 0 0 1,037.279 EUR
BRITISH POUND 0 0 178,708 0 0 178,708 GBP
HONG KONG DOLLAR 60.534 0 18.025.780 0 0 16.086.314 HKO
JAPANESE YEN 202,366 0 22,428,000 0 0 22,630.366 JPY
POLISH ZLOTY 0 0 6.320.339 0 0 6.320.339 PLN
RAND 0 0 6,052.000 0 0 6,052,000 DR
Total USD Equivalent 2.752,138 24.025,290 71 251.655 3.070.528 937.820 102.037.432 USD
% of Allocation 3% 23% 70% 3% 1% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, w hich we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ
from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total.
THEASOF PF3CEDATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATES, ENT DATE
Estimated Annual Figures
The estimated annual income (EAI) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities. interest and dividend rates. and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities. thereby overstating them. Refer to www pershing.com/ disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
Page '7 of 27
Account Number: Rated Galls. Cleanng through Pershn LLC. • alay owned
fiery Yea. Since1007 setaldiary of The Usk el New Vat Mellon
CONFIDg L4 DALIARIATEDCOMMUNICATIONS Caporalo n (IINY meson)
LXCGAINC( Pontigat LC. men*. Fikitn.%411,2PM-00046627
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009451
EFTA 00157236
EFTA01289599

Portfolio Holdings Disclosures (continued)
Option Disclosure (continued)
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day. increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities; and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Schedule of Realized Gains and Losses Current Period
Dale Dale Realized
Otscription Disposed Aolvieed Designation Diaposilion Method Treeeklin Queenly Proceeds Cedillas GSn;Lon
Short Term
REPUBUC OF ARGENTIN 05108118 04/13118 Covered Ant In First Out / SELL 1,000,000.000 1,059,036.36 1,243,077.10 ,184,010.74
INOXS171303779 5250%07171 Original Cost Basis:1243,0771
28 REG DID W09/17
Security Identifier AP7608387
EURO CURRENCY 05/10118 05108118 NOeCeeetee Fad In Ant Out / saL 909,941.100 1,084,713.49 1,078,844.18 6,069.31
Security Identifier EUR999995
Total Short Term 2,143,749.85 2,321,721.28 -177,971.43
Page 18 of 27
Account ritrnbe
Rated hottlent Clewing through Pella. I1C *lady evened
!san. L Emmy Year Since 2007 sobsidiary of The kelt al New Vat Maio
CONFIDO. DALIAR RATIO COMMUNICATIONS CaoporatIon (OM Mellon)
EMU.I NCE Per,h nx 11.C. mnWon on)
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) OB-SDNY-OOO9452
EFTA_00157237
EFTA01289600

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
May 1,2018 - May31,2018
SOUTHERN FINA NCIAL LLC
Schedule of Realized Gains and Losses Current Period (continued)
Date Date Realized
DesaiptIon Disposed Acquked Designation Disposition Method) Trentection Cuantily Proceeds Cod Basis Grin/Loss
Long Term
BASF SE SPONS ADR IS 05/21/18 04113115 Covered First In First Out / SELL 20,000.000 525,677.15 508,056.00 17,621.15
25057
Security Identifier 055262505
BANK AM ER CORP PERP 05115/18 01110111 Noncoveted" first In First Out / RED EN PTION 2.000.000.000 2,000,000.00 2.079.560.27 -79.560.27
TIVE DEP SKS FIXED TO FLOAT 8 Original Cost Basis.2,081130 56
.125% 04/30/58 BJE DTD 0413010
Security Identifier 0605050T8
WASHINGTON MUT MTGS 05124/18 12113113 Noncovered" REPYM T OF PRIN 1,290,000.000 1,951.63 1,493 37 458.26
004-RA2 MTG PASSTHRU CTFCL Original Cost Basis' 1493.37
B-1VAR RATE 6.998%07/25133
Security Identifier 939336820
Total Long Term 2,527,628.78 2,589,109.64 -61,480.86
Total Short and Long Term 4,671,378.63 4,910,830.92 -239,452.29
- Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 201X in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 2008. and are marked as "noncovered". Securities marked as 'covered", were identified as securities potentially subject to the cost
basis reporting rules and may be reported to the IRS on form 1099-B for the applicable lax year in which the securities are disposed.
Note. In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis will
not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-0 or online displays you may have available to
you
W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Page 19 of 27
Account Numb.
Rated tactile+, Owing *Nair PeriblinlICaulay owned
r L [eery Yew Since 2007 Salary of Tits Bank a1N ew Vat Mellon
CONFIDO DALIAR &MD COMMUNICATIONS CorporationOM Alston)
EXCULO4a PeeNntltC.inente, ihitAAWgilla9m- 00046629
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009453
EFTA_00 157238
EFTA01289601

Schedule of Realized Gains and Losses Current Period (continued)
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed. there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds, bonds sold short or bonds issued with less t hen one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation aster the accuracy of this information.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may
be reported on the IRSForm 1099-B.
Messages
Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual
fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds
credited to your brokerage account. Flease see the money market mutual fund's prospect us or the bank deposit product's disclosure document or contact your advisor for
additional information. Pursuant to W=C Rule 10b-10(b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Activity Summary (All amounts snow n are in bass currency)
()edits ThisPerioe Debits TbisPeried Net ThisPedoe GeditsYear4o-Ciate DebilsYeareo-Dote Net Year-to-Date
Securities
Securities Bought 0.00 -1373374.54 -137397434 0.00 -20.795.423.51 -20.795.423.51
Securities Sold 2,724,922.35 0.00 2,724,922.35 18,657,024.37 9.00 18,657,024.37
Total Securities $2,724,922.35 41,573,974.54 $1.150,947.81 $18,657,024.37 420,795,423.51 42,138,399.14
Dividends and Interest $509.621.06 $0.00 $509.621.06 $1.264.058.56 $0.00 $1,264,058.56
Distributions $2.100,517.74 $0.00 $2.100,517.74 $2.603.059.56 $0.00 $2.603.059.56
Fees $0.00 4430 00 4430.00 $0.00 4630.00 4630.00
Taxes Withheld $0.00 44,837 90 44,837.90 $0.00 45,184.60 45,184.60
Other $0.00 476 78 476 78 $0.00 477.20 477.20
Cash
Withdrawals 9.00 -1,117,769.89 -1,117,769.89 0.00 .2,785363.93 -2,785,863.93
Deposits 66,000.00 0.00 66,000.00 1.654.343 06 0.00 1.654.343.06
Total Cash $66,000.00 41.117.769 89 41.051.769 89 $1.654,343.06 42.785.863.93 41.131.520 87
Totals $5,401,061.15 42,697,089.11 $2.703,972.04 $24.178,485.55 423,587,179.24 $591,306.31
Page 20 of 2-
Account Number bled excellent Clan...through Parties LI.C. a rho* owned
Even Year Since 2007 tobsidiary of The lank ol New York Mellon
CONFIDg AL DALBAR RATED COMMUMCAT IONS Corporation (My Mellon)
DIMLING P.,,P4n4 lic.M.Ftft RA.g4111,ILGM_00046630
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009454
EFTA 00157239
EFTA01289602

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 212O3
M ay 1. 2016 - M ay 31, 2018
SOUTHERN FlNANCIALLLC
Transactions by Type of Activity
Process Trade,
Stillwell Transaction
Date Dale Adivily Type Description ()wieldy Price Acaued Interest Amount Wang
Securities Bought and Sold
05103/18 YOUR OPTION ASSIGNED PUT DO GILEAD SCIENCES INC DIP 05-93-1341177500 OPTION 25.000 0.00 USD
99OALUOW A ROOT= GILD GILDMA CLOSING TRANSACTION
05104/18 05102/18 PURCHASED GILEAD SCIENCES INC ACCT OPT ASSIGNED 2300 000 773000 -193,856.00 USD
GILD
05104/18 YOUR OPTION ASSIGNED PUT DO GILEAD SCIENCES INC DIP 05-13.1©77500 OPTION 10.000 0.00 USD
99OALUOWA ROOT= GILD GILD-WA CLOSING TRANSACTION
05/07/18 05/03/18 PURCHASED GILEAD SCIENCES INCACCT OPT ASSIGNED 1900 000 77.5000 -77.556.00 USD
OLD
05110/18 05108/18 SOLD REPUBLIC OF ARGBITINA REG S 'SIN* XS1715303779 5250% 4 ,000,000.000 89.3400 16,541 10 909,941.10 EUR
AP7608387 6128 REG DTD 1109117 YLD 6182 TO MAT AS OF 19.607 82 1,078,644.18 USD
05/0812013
05114/18 05/10118 SOLD EURO -909,941.100 1.1920 1,084,713.49 USD
05/21/18 YOUR OPTION ASSIGNED PUT DO GILEAD SCIENCES INC EXP05.5.5©77.500 OPTION 90.000 0.00 USD
99OALUOW A ROOT= GILD GILD CLOSING TRANSACTION
05/22/18 05/18/18 PURCHASED GILEAD SCIENCES INC ACCT OPT ASSIGNED OPTCUSIP 9.000 000 77.5000 197,866.00 USD
GILD 99OALUNA
05123/18 osniris SOLD BASF SE SPONS AD R US0552625057 UNSOLICITED ORDER -20.000.000 26.3245 525,677.15 USD
BASFY AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
05/23/18 05/21/18 PURCHASED BERKSHIRE HATHAWAY RIC DB CL A UNSOL AVERAGE UNIT 2.000 297.000.0000 -594.106O0 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
05/23/18 05122/18 SOLD SHORT CALL DO ALPHABET INC CL C EXP 07.20.5 Q110 OPENING -10.000 23.0000 22,943.70 USD
99OAM 8GOH TRANSACTION UNSOL EXCHANGE LISTED OPTION
05/23/18 05/22/18 SOLD SHORT PUT DO ALPHABET INC CL C EXP 07.20-8 Q1325 OPENING -10.000 13.0000 12,943 83 USD
99OAM 8031 TRANSACTION UNSOL EXCHANGE LISTED OPTION
05130/18 REINVESTCASH INCOME .PIA ORGAN FLOATING RATE INCOM E FUND CLASS I 1.131.468 -10.590.54 USD
PHSX 326566 2960 SH RS SHRS PURCH. AT 39.36000 RD 05125PD
05130/13
Total Securities Bought and Sold
EURO 16.541.10 909.941.10 EUR
TOTAL USD EQUIVALENT 19,607 82 1,078,644.18 USD
U S. DOLLARS 0.00 72.303 63 USD
Page 21 of 27
Th Accou Iumber IM
Rated tactile/ Clewing through flashiest 11C. a Say semi
itcsi trey Year Since 2007 SASS." a The Mak a New Yak Melba
CONFIDO DM AR MILD COMMUNICATIONS Ono-ream (MY Wilco)
LXCLUINCI Pen.' mg U.C.ertn—bn rineketlerieqrawe-00046631
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-OOO9455
EFTA OO15724O
EFTA01289603

Transactions by Type of Activity (continued)
Process Trade;
Settlima Tranualen
Date Dee Activity Type Description Deemed). Price Accrued Interest Amount Currency
Dividends and Interest
05/01/18 CASH DIVIDEND RECEIVED 5000000 ?MORGAN CHASE 8 CO DEPSHS REPSTG 16TH PFD 197.500 00 USD
46625H HAI SERIFIXED TO FUG RT BD 7.90 0% 0 4/29/49 B1EDTD
04/23/08 CLB RD 04129 PD 04/3011
05/15118 BOND INTEREST RECEIVED 80000 SHRSG11 AC CAP TR I GTD TR PE SECS SER 2 CPR- 37,695 20 USD
ALLY PRA 8.25% FREO ORTLY ATY-0 2/512 040 CALL ANYTIME 025
VI/30 DAYSBEGINS 0211/6 RD 0914 PD 05/5/11
05116/18 CASH DIVIDEND RECEIVED 2000000 BANK AVER CORP PEW NON 001A ULATIVE CEPS'S 61,250 00 USD
0605050T8 FIXED TO FLOAT 8.25%04/30/58 WE DID 0430/08 as RD
05/14 PD 05/5/6
05117/18 CASH DIVIDEND RECEIVED 2$11000 SHRSAPPLE INC COM RD 05/14 PD 05117/1 156.220 00 USD
AAPL
05/21118 05118/18 FOREIGN SECURITY DIVIDEND $14000.00 SHARESNINEDRAGONSPAPER HOLDINGS LTD SHS 17,752.18 HKD
RECEIVED 'SINS BM G65311305 FOREIGN SECURITY DIVIDEND RECEIVED 2161.51 USD
2689.HK RD 050213PD 05151 AS OF 05102/1
05/21/18 FOREIGN SECURITY DIVIDEND 20000 SHRS SASE SE SPONS ADR !Snit US05526250 57 RD 18.342.70 USD
RECEIVED 05108 PD 051211
BASFY
05125/18 BOND INTEREST RECEIVED 290000 WASHINGTON AI UT M TG SECS CORP 2004-ßA2 M TG 2,794.59 USD
939336520 PASSTHRU CTF Cl C-B-WAR RATE 6998% 07/25/33 Ell E DTD
06/0104 RD 04/30 PD 05/25/1
05/30/18 CASH DIVIDEND RECEIVED .PKIORGAN FLOATING RATEI N COM E FUND CLASS I 10.590 54 USD
PHSX 326566 2960 SH RS RD 05/25 PD 05/30/1
05/31/18 MONEY MARKET FUND DEUTSCHEGOV7 CASH 2.966.52 USD
INCOME RECEIVED
P£ß232045
Total Dividends and Interest
HONG KONG DOLLAR 0.00 17,752.18 HKD
TOTAL USTI EQUIVALENT 0.00 2261.51 USD
US. DOLLARS 0.00 507,359.55 USD
Distributions
05/15/18 SECURITY REDEEMED BANK AMER CORP PERP NON COM ULATIVE DEPSHS FIXED TO -2000000.000 2,000,000.00 USD
060505018 FLOAT 8.25% 04/30158 BIEDTD 04/30/08 CLB
05/25/18 RETURN OF PRINCIPAL 290000 WASHINGTON M UT M TG SECS CORP 200 4.RA2 M TG 518.08 USD
RECEIVED PASSTHRU CTF CA.C.B.IVAR RATE 6.998% 07/25/338/E DTD
939336520 06/0104 RD 04130 PD 05125/13
05131/18 PARTNERSHIP DISTRIBUTION 26317 SHRS APOLLO GLOBAL M GM T LLCCL A SHS RD 05/1 PD 99,999.66 USD
APO 05/311
Total Distributions - U.S. DOLLARS 0.00 2,100,517.74
Page 22 of 27
CID NIPS bodkin Cleanng flour esdYt<LLCoudueYaumM
&aunt Neummbul a (Ivy YCO/ Since 2007 istaldiarg of TRe Mnk a New Yen Met«
CONFIDE DAllIAR RA 1111 COMMUNICATIONS CeeefatIon (atly Mellon)
EXCiLLINCI Pen. ing 11.C. mere« FzedtA.gat9Y2P0-00046632
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009456
EFTA_00 5724 1
EFTA01289604

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
M ay 1,2018 - M ay 31,2018
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Process' Trade;
Settlement Transmtion
Clete Dote Aclivity Type Description :LAM 1 Price accrued Intent Amount Cerrenq
Fees
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 209 CUSP. APT608-38-7 -2.00 USD
APT 608387
05101/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 CUSP. F9398N.D-6 •2.00 USD
UBSFF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 208 cuaRG46341114 -2.00 USD
HBCYF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 CUSP. 65636C-11-7 -210 USD
LONKF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 CUSP G65313-10 -0 -200 USD
NDGPF
05101/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 CUSP. J4 TO 70-11-0 -2.00 USD
NCTKF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2018 CUSP S5343541-3 -200 USD
NAPRF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2018 CUSP. X0957E-A-6 -2.00 USD
OTGLF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 OAP Y000 4 F-D-5 -2.00 USD
2TCOF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 CUSP YOS73-11-2 -200 USD
AHCHF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2018 CUSP. Y0698A-11-7 -2.00 USD
BACHF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 208 CUSP. Yfi36.1-1)-8 -2.00 USD
CCCGF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 CUSP. Y20958.t.7 -2.00 USD
DNGFF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 2013 CUSP Y95314-D-9 -200 USD
VIEICF
05/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping APR 208 CUSP. Y989214.1:1-4 -2.00 USD
2HU2F
05/21/18 FEE ON FOREGN DIVIDEND 20000 SHRSBASF SE SPONSADR ISINS 115055262505T RD .400.00 USD
WITHHELD AT THE SOURCE 05/08 P0051211
BASFY
Total Fees - U.S. DOLLARS 0.00 430.00
Page 23 of 27
Account /Until=
Raied finilent Clown& dims,. PenhirglIC. a .by ~ad
ecom L (very Yaw Sine 2007 subudiary of The Balk other. Yak Mellor.
CONFIDO DALBAR RATED COMMutoCATIONS Corporation (MY Mellon)
EXCELLENCE p,o.ng it( rnnnta, £u.Rn.Sp pfxpM_00046633
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009457
EFTA_00157242
EFTA01289605

Transactions by Type of Activity (continued)
Process Trade;
Settamyl Translation
Date Date Activity Type Description Duentily Price Acaued Interest Amount County
Taxes Withheld
05/21/18 FOREIGN TAX WITHHELD AT 20000 SHRS EA& SE "OHS ACM USO 552625057 RD 4,83790 USD
THE SOURCE 05108 PD 05121E
BASFY
Total Taxes Withheld - U.S. DOLLARS 0.00 -4,837.90
Other Transactions
05/15118 ACTIVITY WITHIN YOUR ACCT GILEAD SCIENCES INC TRANSFER TOY ARGIN -12.500.000 0.00 USD
GILD
05/15/18 ACTIVITY WITHIN YOUR ACCT GILEAD SCIENCES INC TRANSFER FROM CASH 12.500 000 0.00 USD
GILD
05/21/18 05/19)18 FREE CREDI T BALANCE EURO CURRENCY FREE CREDIT BALANCE INTEREST CHARGE 44.80 EUR
INTEREST CHARGE FREE CREDIT INT CHRG 04.20-E TO 05-17-13 FOR CUSTOM ER -76.26 USD
EUR999995 ACCOUNT
05121/18 05119/18 FREE CREDIT BALANCE J%PANESE YEN CURRENCY FREE CREDIT BALANCE INTEREST -58.00 JPY
INTERESTCHARGE CHARGE FREE CREDIT INT CHRG 04-20-2 TO 05-2-13 FOR 4.52 USD
.PY999993 CUSTOMER ACCOUNT
Total Other Transactions
EURO 0.00 -64.80 EUR
TOTAL USD EQUIVALENT 0.00 -76.26 USD
JkPANESE YEN 0.00 48.00 JPY
TOTAL USD EQUIVALENT 0.00 4.52 USD
US. DOLLARS 0.00 0.00 USD
Cash W ithdrawals and Deposits
05/09/18 FEDERAL FUNDS SENT CITIBANK. HA. -100.000.00 USD
USD999997
05114118 FEDERAL FUNDS RECBVED DEUTSCHE BANK TRUST 12245 30,000 00 USD
USD999997
05115/18 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST 437419 89 USD
USD999997
05117/18 FEDERAL FUNDS SENT CEUTSCHEBANKTRUST •41.250.00 USD
USD999997
05/17/18 FEDERAL FUNDS RECBVED CEUTSCHEBANKTRUST00343 36400 00 USD
USD999997
05/22/18 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -36,000 00 USD
USD999997
05/24/18 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -103.500.00 USD
USD999997
Total Cash Withdrawals and Deposits- U.S. DOLLARS 0.00 -1.051,789.89
Page 24 of 27
Account NUMbeillM Rated [smitten Clewing *each PeskinI 1C naoly yew"
at031 fray Year Since 2007 sobsidiary a The Bank a New Yak Melon
CONFIDO DM AR MITO COMMUNICATIONS CaveratIon (MY Melee)
EXallttla Peening LICerter-bn %RA. Pk.q2PM-00046634
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009458
EFTA_00 157243
EFTA01289606

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
May 1,2018 - May31,2018
SOUTHERN FINA NCIAL LLC
Transactions by Type of Activity (continued)
Told Accrued Mitred Total Amount
TransedionsSummiry Total Aoned 'merest Told Amount Quincy US0 Equivalent USDEquivelent
EURO 16 541 10 909,876.30 BJR 19,607.82 1,078,567.92
HONG KONG DOLLAR 0.00 17352.18 NKD 0.00 2,261.51
APANESE YEN 0.00 -58.00 JPY 0.00 0.52
U.S. DOLLARS 0.00 1,823,143.13 USO 0.00 1,623,143.13
The price and quantity displayed may have been rounded.
Cash Not Yet Received
Security Retold Data Payable Die Quantity Held Rite 01rWend Cmtion Amount of Payment
Dividends
OUALCOAIN INC 05/30118 omits 10.000.000 0.620000 Cash 6200.00
Total Cash Not Yet Received $6,200.00
Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the
information.
Fixed IncomeAnalysis
Bond Quality Bond Maturity Schedule
%ol Bond
%dewed
Bond Quality LIAM Vim Merkel Value Percent of Fixed Income Bond Maturity Markel Value Mutat Wee
A 2,197,410.00 9% .7 to t2 months 1,012,500.00 4%
BAA 10,265,150.00 43% .6 to 10 years 4,012,520.00 17%
Over 10 years 19,000370.87 79%
BA/ Lower 11,118,843.75 46%
Not Rated 443,887.12 2% Total 24,025,290.87 100%
Total 24,025,290.87 100% 0 20 40 60 80 100
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Page25 of 27
Account Number
Rated [stollen% Clewing lame. Pella. 11C•aapronwel
L trey Year Since 2007 sstaldlary of The lank al New Vat Mellon
CONFIDO. MAAR ItATIO COMMUNCATIONS CarponefonOINY Mellon)
EXCIattla Peening LIC.nwiter on)
CONFIDENTIAL — PURSUANT TO FED. R CRiM. P. 6(e) DB-SDNY-0009459
EFM_00157244
EFTA01289607

Client Service Information
Your Invettmeot Spedakt DIJ Coated Wornolon
JOSHUA SHOSHAN Telephone Number:
280 PARK AVE- 3RD FL
NEW YORK NY 10017
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for M utual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION SECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
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The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
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financial institution or that it receives as the result of securities transactions it processes.
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if any, to you and in general, for the ongoing relationship that it has with you.
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protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.corni about! strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
Page 26 of 27
Account Number:
Rats (4c &.n Clewing laser Pad,S IIC •way wend
L Event Year Since 20O7 steldlary a The MA a New Vat Mellon
CONFIDO. DALBAR RATED COMMUIRCAT IONS Carponalan Man)
(JtallI NCI PerIhnx RCmet-beg iimi4.SBIOVELGM_000 46636
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009460
EFTA_00 157245
EFTA01289608

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
Mayt 2018-May31 2018
SOUTHERN FINANCIAL LLC
Important Information and Disclosures (continued)
The Role of Pershing (continued)
• Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC. Legal Department.
One Pershing Plaza, Jersey City, New Jersey 07399;-. Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason( s) for their award, unless, in an eligible case. a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(Ill) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreem ent except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399;
Page 2 7 of 2
Account Umbel=
Rated Excellent Glee/meth/our Pertain LC. a melee owned
Leery Year Sleet 2007 tabsidlacy or The Bank ad New York Mellon
CONFIDO DAtIAR RATED COMMUNICATIONS Caeporattan (INY Mato)
'ton LXCELLUICE hemline !AC. member ruatA.PkIlf,,E,PM_0C046637
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009461
EFTA 00157246
EFTA01289609

a
Deutsche Bank Otututkr tank Ptisair //felt. lglalltm.*1
Mulcts Central< C4OW
Deoliche Lir* Setwitini Inc
P.O. Box 1776, Baltimore, MD 21203 Wu' Yon Me
34S Pot AM6VP. 1611 HON
Plow
Tolls,..
Clint
April 1, 2018 - April 30 2018
Account Number:
SOUTHERN FINANCIAL LLC
6 10 0 RED HOOK QUARTER B3
ST THOMASVI 0 0 80 2
Portfolio at a Glance
Bali Period Year4o-Date
Your Investment Specialist. BEGINNINGACCOUNT VALUE 896,985,510.52 897,272,547.37
JOSHUA SHOSHAN Net Dash Deposits aid Withdraw* 101,008.20 -79,750.98
Adjusted Previous Account Value 97,086,516.72 97,192,796.39
Dividends. Interest and Other Income 104,498.82 928,121.12
Total Taxes Withheld 0.00 -346.70
Other Transactions -128.42 -200.42
Net Change in Portfolio' -496,651.36 -1,426,136.63
ENDINGACCOUNT VALUE $96,694,233.76 896,694,233.8
Accrued Interest $331.915.04
Estimated Annual Income 53,316.357 96
Net Change in Portfolio is the difference between the ending account value and
G beginning account value after activity.
Asset Summary
Preen( Asset Type Pier Yeatad Lad Period Ms Period
El 1% Cash. M oney Funds, and Bank Deposits 823,820.96 6,997,025.68 1,126,791.71
IMI 28% Fixed Income 26,083,479.22 24,399,756.03 27,272,063.66
El 67% Equities 80,899,388.97 61,548,164 25 64,239,589.65
El 3% Mutual Funds 3,020,938.22 3,059,415.56 3,072,988.85
1% Exchange-Traded Products 6,444,920.00 980,850 00 982,800.00
100% Account Total (Pie Chart) $97,272,547.37 896,985,510.52 896,694,233.76
Please review your allocation periodically with your Investment Specialist.
Pagel of 28
Rated Cacellent Clewing lamer Feebly I1C sub* evened
Caere Year Since 2007 sabildlerg et The Mak ei New 'reek MOOR
CONFID DAUIAR RATIO COMMUMCAT *NS ONIXIIINSOTIONY M•11011)
(JIMA MCC Perglita U.C.menter FIARAAW14391"—Ouv46638
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009462
EFTA 00157247
EFTA01289610

Summary of Gains and Losses
Rested
This Period Yeas4o-Date Unrealized
Short-Term Gain/ Loss -30,106.27 1,329,043 85 1 277 479 21
Long-Term Gain! Loss 798,933.90 2.715.987.02 4 392 650 37
Net Gain/ Loss 768.827.63 1.045.030.87 3.115.171 16
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB° ) and other credit institutions introduced ' negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements. begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Ceirency Posing Amount in
Currency USO Equivalent per USD Quincy Beata Base Cill rent,/ USO
CHINA RENMIN81 0.1576 6.3449 HONG KONG DOLLAR 42,782 10 5.451 33
EURO 1.2081 0 8277 JAPANESE YEN 202.121 00 1 849 95
BRITISH POUND 1.3771 0 726 I Total Global Cash Balance 57.30t.28
HONG KONG DOLLAR 0.1274 7 8480
APANESE YEN 0.0091 109.4100
POLISH ZLOTY 0.2854 35030
RAND 0.0801 12.4802
Exchange rates are based on interbank exchange rates as of 04/ 30/ 2018. Exchange
rates can vary.
Money Market Fund Detail
Date Activity Type Deseriplitin Amount Manse
Sweep Money Market Fund
DEUTSCHEGOVT CASH INSTL
Current Yield 164% Activity Ending: 04t 30r 18
03130118 Opening Balance 5,937,207.87 5,937,207.87
04/03/18 Withdrawal MONEY FUND REDEMPTION ,629,335.63 4,307,872.24
04/04/18 Withdrawal MONEY FUND REDEM PTION 4 ,688,141.87 2.619.727.37
04/05/18 Withdrawal MONEY FUND REDEM PTION 4 .052.462.50 1.567.264.87
04/09/18 Deposit MONEY FUND PURCHASE 5.108 00 1,572.372 87
04/11/18 Withdrawal M ON EY FUND REDEMPTION 406,137.71 1,166235.16
04/12/18 Deposit MONEY FUND PURCHASE 11,625.00 1,177,860.16
04/16/18 Deposit MONEY FUND PURCHASE 1,052,462.50 2,230,322.66
Page 2 of 28
Th AccouMtlund
Noted Galls. Oar% through PenhieglIC. a Say °mai
Every Yea Since 2007 sataldlary a nit crank a New Vat Mellon
CONFIDO. DALIAR PATEDCOMMUNICATIONS CorpontIon (MY Mellon)
rxcuwic( Igraine inenew onatn./IW 44°m—00046639
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009463
EFTA 0015724R
EFTA01289611

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
April 1,2018 - April 30,2018
SOUTHERN ANA NCIAL LLC
Money Market Fund Detail (continued)
Date Activity Type Desuiptiae Mount Brim
Sweep Money Market Fund (continued)
DEUTSCHEGOVT CASH INSTL (continued)
04117/18 Withdrawal MONEY FUND REDEMPTION -1,259,336.86 970,985.80
04120/18 Withdrawal MONEY FUND REDEMPTION -559,874.08 411.111.72
04124/18 Withdrawal MONEY FUND REDEMPTION -411,111.72 0.00
04124/18 Withdrawal SHARES REDEEM ED .1,796.53 -1,795.53
04124/18 Deposit ACCRUED DIVIDEND CREDIT 1,796.53 0.00
04125118 Deposit MONEY FUND PURCHASE 69,434.15 89,434.15
04128118 Deposit MONEY FUND PURCHASE 1,049,802.53 1,119238.68
04130/18 Deposit INCOM E RBNV EST 253.75 1,119,490.43
04130118 Closing Balance $1,119,490.43
Total All Money Market Funds $1,119,490.43
Income and Expense Summary
West Period Year4o-Date
Table Nan Tsxt4 Twit Noe Tmfl
Dividend Income
Equities 5,208.00 0.00 154,889.89 0.00
Money Market 2,050.28 0.00 14,418.06 0.00
Other Dividends 10,307.63 0.00 225,400.26 0.00
Interest Income
Bond Interest 86,930.91 0.00 322,924.89 0.00
Other Interest 0.00 0.00 36,804.40 0.00
Expenses
W ithholding Taxes 0.00 0.00 346.70 0.00
Total Dividends, Interest, Income and Expenses $104,498.82 $0.00 $754,090.80 $0.00
Distributions
Alternative Investments 0.00 0.00 0.00 173,883.82
Other Distributions 4.42 653.78 -0.42 28,85820
Total Distributions 40.42 $853.78 40.42 8202,541.82
Page 3 of 28
Account Humber. Rated hortlent Clewing %Mr PenblinI 1C *take/ evened
Every Year Since 2007 SASS." a The end a New Yak Mete
CONFID AL ( D ) A t L a B l A l R IN R C A E T ED COMMUMCATIONS C Pt a rp • o ri n g t U la . n C a . lt e lY rb W er W FI I N ItANV YaGM_ 0 0046640
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009464
EFrA_OO 157249
EFTA01289612

Portfolio Holdings
U.S. DOLLARS
Account Activity Opening Going Acaued Income 30 Day Cement
Opening Date Quantity Number Biding Balance galena Income This Yes Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Margin Balance 1,052,462.50 0.00
Money Market
DEUTSCHE GOVT CASH INSTL
03/30/18 1,119,490.430 N/A 04/30118 5,937,207.87 1,119,490.43 0.00 14,418.06 1.63% 1.64%
Total Money Market $5,937,207.87 $1,119,490.43 $0.00 $14,418.06
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $6,989,670.37 $1,119,490.43 $0.00 $14,418.06
Adjusted thmealzed Awned EilleaMed SUSS
Date Acquited OuatIty NMI OA Cost Bees Merkel Pike Midst Value °skirls% Interest Annuli Income Yield
FIXED INCOME (In Maturity Date Sequence)
°Asset Backed Securities
WASHINGTON M UT MTGSECSCORP 20044242 Security Identifier 939336520
MTG PASSTHRU CTF Ct. C VAR RATE
6.996%07125/33 81E DTD06/0104
Factor: 0.37114371 Effective Date04/02/S
Current Face Value: 479$2386
12/13113'.3.° 1290,000.000 76.5190 366,648.38 93.0380 445,803.10 79,154.72 2,700.60
Original Cost Basis: 5838406.71
Total Asset Backed Securities $366,648.38 $445,803.10 979,164.72 $2,700.60 $0.00
1,290,000.000
Total Current Face Value:479,162.386
Corporate Bonds
CITIZENSCOMMUNICATIONSCOD Security Identifier: 174538AW1
NT FULLY EXCHANGED FROM 44538AX9
7.125%03/S/9 8/E DID03/23/07M oody Rating CAA1S41 P
Rating B.
10103117 1,000,000.000 100.0620 1,000,623.01 99.5000 995900.00 .5,623.01 8,906.25 71,250.00 7.16%
Original Cost Basis: 51001006.00
EXELA INTER LLC/ EXELA FIN INC GTD Security Identifier 3052RAA9
FIRST PRIORITY SR SECO NT 144A
9.000% 0716/23 WE DID 0 7/12117 CLBM oody Rating 83 S 8 P
Rating B
10/24/17 2.000.000.000 97.0250 1.940.506.00 100.1250 2.002.500.00 61.994 00 58.333 33 200.00090 9.98%
Original Cost Basis: 51940,506.00
Page 4 of 28
Rated Itettlent Cleanng through PaganI IC auk,/ evened
(very Yew Since 2007 sabsidiary of The Mak anew. Vat Meta
DALBAR RATED COMMUNICATIONS CarporatIon (MY Mellroon)m u,tag‘GM_000 46641
(XCILLINCE Panama RC. ente-to
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DI3-SDNY-0009465
EFTA_00157250
EFTA01289613

a
Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
A pril 1, 2018 - A pril 30, 2018
SOUTHERN ANA NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Eslir al ed Estraled
Date Acquired Quantity Unit Coal Cost Dais Market Rice Market Value Gigolo's Interest Ann al rime Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
J3,5 INVTS GM BH GTD SR NT Security Identifier: A29866485
REG S ISINt HM29866453
7250% 04103124 FOE DTD 04/03/5ISS P Baling B
10/31117 2,000,000.000 99.0650 1.981.300.00 98.5950 1.971.900.00 4.400.00 10.875.00 145.000.00 7.35%
Original Cost Basis: 51981300.00
SERViCEMASTER CO NT 7250%03/0538 BIE Security Identifier: 81760NAB5
DTD 03/02198 ET CPN DTE 09/0798
CPN PUT Sall ANNUAL ON MAR 01AND SEPOilocdy Rating
62 Sd P Rating B
10/18/17 500,000.000 103.9520 519.760.77 99.7500 498,750 00 -21,010.77 5,940.97 36,250.00 7 26%
Original Cost Basis: 5520.003.00
10/19/17 350,000.000 103.9540 363,838.99 99.7500 349,125 00 -14,713.99 4,158.68 25,375.00 726%
Original Cost Basis: 5364,006 00
10/20117 80,000.000 103.9600 83.167.97 99.7500 79.800 00 3.367 97 950.56 5,800.00 716%
Original Cost Basis:583206.00
10131117 70000.000 103.9630 72,774.10 99.7500 69.825.00 .2,949.10 831.73 5,015.00 726%
Original Cost Basis:57280600
Total Covered 1,000,000 000 1,039,541.83 997,500.00 -42,041.63 11,881 94 72,500 00
Total 1,000,000.000 $1,039,541.83 5997.500.00 442,041 83 $11.881.94 572,500 00
ASSURANT INC FXD TO FLTG SUB NT Security Identifier:04625MM
7.000% 03/27/48 B/E DTD 037271E
CALLABLE03/27128 (I DOODOMoody Rating EIM3
03129118 2,000,000.000 101.9990 2,039,973.33 104.1940 2,083,880.00 43,906.67 12,83333 140,000.00 6.71%
Original Cost Basis: 52,040,006.00
,P11 ORGAN CHASE 8 CO DEP MISREPSTG Security Identifier 46625HHA1
METH PFD SER 1FIXED TO FLTG RT BD
7.940% 04/29/49 BIC DTD 04/23/08M oody Baling BAA3 S 8 P
Rating BBB-
06/1511I " 37 2,500,000.000 107.5000 2,687,500.00 100.7500 2,518,750.00 -168.750.00 0.00 197,500.00 7.84%
Original Cost Basis: $2,887.500.00
Page 5 of 28
Account Numb Rated Calls. Glean... through Pealing LLC.aulay (Amid
Stcacill M Every Year Since 2007 setaldiary of The Mace( New Volt Mellor.
C ONFIDO L DALIARPATEDCOMMUNICATIONS Corporation (IINY Mellon) ......... ...,
EXCUSING( Penkkektc.monew onstik.kltY&FatItl 00046642
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009466
EFTA 00157251
EFTA01289614

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Estimated
Date Acquired Quantity Unit Cost Cost Bads Market Pin Market Value Oainlloss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
Se ORGAN CHASE& CO DEP SHSREPSTG (continued)
06/15111'3° 2.500.000.000 107.0000 2.675.000.00 100.7500 241835010 -156.250.00 0.00 197.500.00 7.84%
Original Cost Basis: 32175100.00
Total Noncovered 5,000,000.000 5,362,500.00 5,037,500.00 325,000.00 0.00 395,000.00
Total 5,000,000.000 35,362,500.00 34037,500 00 4325,000.00 30.00 3395,000.00
BANK AM ER CORP PERP NON COM ULATIV E DEP Security Identifier: 060505018
SHS FIXED TO FLOAT 8.45% 04/30158 WE
DTD 04130/08 CALLABLE05/151SM oody Rating BA2 St P
Rating BBB.
01/10/11 " V 2,000,000.000 103.9790 2,079,572.34 100.2000 2.004.000.00 -75.572.34 74,479.17 162,500.00 8.10%
Original Cost Basis: $2,081830.56
SOUTHERN CAUF EDISON CO PREF SER E Security Identifier: 842400 FU2
6 250% 0117162 B1E OTO 0Y412
CALLABLE 02/0 V22 © 130000Moody Raling BAAIS& P Rating
BBB-
01/30/12 " 52 3.000.000.000 99.8880 2.996.653.73 106.0000 3.180.000 00 183.346 27 46.354.17 187.500.00 5.89%
Original Cost Basis: $2,992,561.97
GENERAL ELEC CO GTD FXD-TO-FLTGRT Securely Identifier 369604BM 4
NON-CUMULATIVE PERPETUAL PREFERRED
4.000% 2/03/6511EG DTD 3.1Moody Rating A3 58 P
Rating BBB.
12/03/15 2,469,000.000 88.0930 2,175,016.17 90.0000 2,222.100 00 17,083.83 37,035.00 98,760.00 414%
Original Cost Basis: 52,45.011.4
LLOYDS BANKING GROUP PLC FXD RATE RESET Security Identifier. 539439A04
ADDL TIER 1SECS US539139AG12
7.500% 04/27/88 BIE DTD 0410V145A P Rating BEI-
04/10rI4 .'3 t2 1,903,000.000 102.3910 1,948,500.00 107.9000 2,053,337.00 104,837.00 13,083.13 142,725.00 6.95%
Original Cost Basis:31918,500 00
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier: 17296725
5.950% 08115/88 IVE DID 0812/15
CALLABLE081S/200 310.0002 oody Rating BA2 SI P Raling
BB-
08/06/15 3.000.000.000 100.0000 3.000.005.99 103.3750 3.101.250.00 101:244.01 37.187.50 178.500.00 515%
Page 6 of 28
Account Number
Rated Einellent Clown. tivough Persian U.C. a.tory owned
fray Year Since 2007 ',Asiatic' The lank a New York Mellon
CON FIDO. 4 MBAR MUD COMMUNICATIONS Carpotatken(ONY Mellon)
EXCMINCE PtnPiat LI.C.rnerte HtoiA.g4ra:PM_00046643
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009467
EFTA_00 15725/
EFTA01289615

a
Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
April 1,2018 - April 30,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted unasked Acaued Estimated Ed mated
Cute Acquked Ouestky Unk Cod Cod Bede Merkel Prim Market Value Wenn funded Annuli Income Yidd
FIXED INCOM E (continued)
Corporate Bonds (continued)
CITIGROUP INC FM) RT SR NT PERP DEP RECPT (continued)
Original Cost Basis: $3.000,006.00
Total Corporate Bonds $25,564,192.40 $25,648,967.00 $84,774.60 5310,968.82 $1,793,735.00
25,372,000.000
TOTAL FIXED INCOME $25,930,840.78 $26,094,770.10 $163,929.32 $313,669.42 $1,793,735.00
26,662,000.000
Unmated Bille ted Whaled
Dote Acquked Oumtky MIN Cool Cod Bats Merkel Price Market Value Gelarlon Maud Income YIeld
EQUITIES
Common Stocks
ADVANCED MICRO DEVICES INC COM &wily Identifier AMP
Dividend Oplion: Cash CUSP. 007903127
50,000.00 of these shares are in your mated account
09115117 20.000.000 12.2810 245.612 36 10.8800 217.600 00 -28,012.36
12115117 30,000.000 122300 366.912 57 10.8800 326 400.00 -40,512.57
Total Covered 50,000 000 612.524 93 544,000 00 48,524 93
Total 50,000.000 $612,524.93 3544,000.00 •$68 524 93 SO 00
ALIMM GROUP HLOG LTD SPONSORED ADR &toddy Identifier. MBA
ISNt USOSO9W927 CUSP: 0 S091V 1)2
Dividend Oplion: Cash
06110115 5.000.000 88.9500 444,749.00 178 5400 892,700.00 447,951 00
ALPHABET INC CAP 5Th CL C Seedily Identifier: GOOG
Dividend Oplion: Cash CUSP: 02079K1)7
04102/18 1.000.000 1,004.6340 1.004.634.49 1.017.3300 1,017,330.00 12.695.57
AMAZON COM INC Security Identifier AUDI
Dividend Option: Cash CUSP:023135U
03/29118 500.000 1,423.8620 711,930.80 1,566.1300 783,065.00 71,134.20
04102/18 500.000 1,367.0210 683.570.38 1.566.1300 783,065.00 99,554.62
Page 7 of 28
Account Number:
Rated Eic•Ilent Clewing through Mire I1C nob* evened
It ON21:0)C. L Every Yet Since 2007 Malaita" of me Ian a/ New Vat Meta
CONFIDO. DALIAR RATIO COMMUNICATIONS Carpontlan (IINY Mellon)
LXCILL INCE Periling U.C.ntenter FIIIIIAAR4VELGM_00046644
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-0009468
EFTA_00157253
EFTA01289616

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unceanzed Estimated Edbaled
Dale Acquired Quantity Unit Com Cost Baia Market Price Market Value Clinton Annual Income Yield
EQUITIES {continued)
Common Stocks (continued)
AMAZON COM INC (continued)
Total Covered 1,000 000 1,395,441 18 1,566,130 00 170,688 82
Total 1,000100 $1,395,441.18 $1,566,130.00 $170,688.82 $0.00
APOLLO GLOBAL M GM T LLCCL A SHS Secuidy Identifier. APO
Dividend Option: Cash CUSP 03764306
263,1710 of these shares are is your margin account
03/29/11 " 3 263.157.000 19.0000 4,999,983.00 28.8400 7,589,447.88 2,589,464 88 542,103.42 714%
APPLE INC COM Security Identifier: WI
Dividend Option: Cash CUSP: 037833100
12/07/17 214,000.000 169.8140 36,340,223 40 165.2600 35,365.640 00 174,583 40 539,280.00 152%
BASF SE SPONS ADR Securily Identifier: BASFY
1914100552625057 CUSP. 055262505
Dividend Option: Cash
04/13115 20,000.000 25.4030 508.056 00 26.0500 521,000.00 12.944.00 25,587.20 491%
BERKSHIRE HATHAWAY INC DEL CI. A Security Ideating. BRK A
Dividend Option: Cash CUSP:084670138
02105/18 3.000 310.425.3330 931,276 00 290,650.0000 871.950.00 -59,326.00
02/16/18 3.000 307,028.6670 921,086 00 290,650.0000 871.950.00 .49,136.00
03119118 3.000 305,135.3330 915.406 00 290,650.0000 871,950.00 43,456.00
03/23/18 3.000 296.035.3330 888.106 00 290.650.0000 871.950.00 -16.156.00
03127118 3.000 301,415.3330 904,426 00 290,650.0000 871.950.00 .32,476.00
Total Covered 15.000 1,561,300 00 4,359,750.00 -200,550.00
Total 15.000 $1,560,300 00 $4.359,750.00 4200,550.00 $0.0D
BIOGEN IDEC INC COM Security Identifier. BUB
Dividend Option: Cash CUSP 09062X03
02/14/12 ..3 2.095.000 110.2720 231.019 65 273.6000 573.192.00 342.172.35
CD4TENE CORP DEL COM Sectrity Identifier: CNC
Dividend Option: Cash CUSIP 1135891
09108114 15.550.000 63.6450 989,679 75 108.5800 1.688.419.00 698,739 25
GENERAL ELECTRIC CO COM Socially Identifier GE
Dividend Option: Cash CUSP 36960413
25100.00 of these shares are io your margin account
02123118 2.500.000 16.2210 40.551 71 14.0700 35.175.00 4.376.71 1200 00 3 41%
02/26/18 2.500.000 16.2210 40.551 71 14.0700 35.17510 -5,376.71 1.200 00 341%
Page 8 of 23
Account tiumbeill=
Rated balls. Cain.l iner PagektiLLC. a %la y owned
Stint/ bery Yea. Since1007 satd dlity of The lank el New York Mellon
CONFIDO DALIARIATEDCOMMUNICA11016 CaTcatIon 01110( Mellon)
LXCHAINC( FikiteAlAqi:t.GM_00046645
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009469
EFTA_00 157254
EFTA01289617

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
April 1,2018 - April 30,2018
SOUTHERN FlNA NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Estimated
Date Acquired Quantity Unit Cosi Cost Dais Market Ftice Market Value Gaintloss Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
GENERAL ELECTRIC CO COM (continued)
03105118 800.000 16.2260 12.980.63 14.0700 11.256.00 -1,724.63 384.00 3.41%
03/07/18 5,000.000 16.2190 81,097.41 14.0700 70,35010 -10,747.41 2,400.00 341%
03112118 2.500.000 16.2210 40.551.71 14.0700 35.175.00 4.376.71 1,200.00 341%
03/16/18 11,700.000 16.2190 189.759.90 14.0700 164.619.00 -25,140.90 5,616.00 3.41%
Total Covered 25,000 000 405,493.07 351,750.00 -53,743.07 12,000 OD
Total 25,000 000 5405,493.07 3351.750.00 453,743.07 312,000.00
GILEAD SCIENCES INC Secluity Identifier. GILD
Dividend Oplion: Cash CUSP. 37555803
02105114 5.000.000 79.2810 396.407.00 72.2300 361.150.00 -35.257 00 11,400.00 3.15%
03107114 3.100.000 79.6120 246,797.00 72.2300 223,913.00 -22,884.00 7.068.00 3.15%
10/24/17 4.400.000 80.0900 352.395.71 72.2300 317.812.00 -34.583 71 10.032.00 3.15%
Total Covered 12.500 000 995,599.71 902,875.00 -92,724.71 28.500.00
Total 12,500 000 5995,599.71 3902,875.00 492,724 71 328,500 OD
NINTENDO LTD ADR Sandy Identifier: NTDOY
Dividend Oplion: Cash CUSP:654445303
02105118 10,000.000 51.7910 517.906.00 52.4800 524.800 00 6.894 00 4,689.56 0 89%
OUALCOUN INC Security Identifier: OCOM
Dividend Oplion: Cash CUSP. 74752503
9600.00 ollhese shares are in your margin account
04118118 2,500.000 58.1730 145.432.61 51.0100 127.525.00 -17,907.61 6,200.00 4.86%
04120118 7,500.000 58.1710 436285.83 51.0100 382,575.00 -53,710.83 18,600.00 486%
Total Covered 10,000.000 581,718 44 510.100.00 -71,618.44 24,800.00
Total 10,000.000 $581,718.44 3510,100.00 471.618.44 $24,800.00
Total Common Stocks 353,587,328.62 $56.407.133.88 52,619,805.26 $1,176,960.18
Page 3 of 28
Account Numbe
Rated allin, Chinni through 'Ware U.C. a calory owned
storrracsqici: bay Yeas Since 2007 sakskliary of The Bank *I New York Mellon
CONFIDOt DALIARPATEDCOMMUNICATIONS Corporatfon (MY Mao)
UMIAK( Fintint ltC. reenter Fit.RA. tleAcqkt‘.40_00046646
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009470
EFTA_00 157255
EFTA01289618

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unfenced Estimated Edimeled
Oete Acquired Cmanky Unit Cod Cod Bads Motet Prim Market Value Coin Loss Anneal Income Yield
EQUITIES (continued)
Preferred Stocks (Listed by expiration date)
GMAC CAP TR I GTO TR PR) SECS SER2 CPN. Security Identifier: ALLY PRA
815% FRED ORTLY MA1Y-02115/2040 CALL CUSP. 361160208
ANYTIME 025 W130 GAYS B8314602/16/1
Dividend Option: Cash
02122112'•° 80.000.000 23.5350 1,882,773.60 26.5900 2.127200 00 244,426.40 146.396.48 6 88%
Total Preferred Stocks $1,882,773.60 $2,127,200.00 $244,426.40 $146,396.48
Options
PUT 1/0 GILEAD SCIDICESINC Option Identifies: 990ALUDWA
EXP 05-1.1077.500 OPTION ROOT: GILD Underlying Security Identifier: OLD
425.00 of tbeseoontracts ale a short position thud eitying Security Prix: $7223
04120118' .125.000 4.9690 42,111.55 5.5000 48,750.00 4,632.45
CALL 130 'SNARES TR M SCI EMERGINGLINTS Option Identifier:99041RM
INDEX FD EXP0614055.000 Underlying Security Identifier:DEM
OPTION ROOT: EDI Underlying Security Price:146.92
Price Estimated as of.0412711
01/17/18 2,400.000 0.4400 105.60610 0.0100 2.400.00 -103,206.00
Total Options $43,488.45 466,350.00 4109,838.45 $0.00
TOTAL EQUITIES $55,513,590.67 $58,467,983.88 $2,954,393.21 $1,323,356.66
Unsuited Edlinded &limited
Date Acquits Quantity Una Cod Cod Bads Market Price Market Value Warless Maud Income Yldd
M UTUAL FUNDS
PM ORGAN FLOATING RATE INCOME FUND Security Identifier...611SX
CLASS I CUSP. 484151
Open End Fund
Dividend Option: Reinvest; Capital Goias Option: Reinvest
09128117 318109.777 9.4100 3,000,000.00 9.4100 3.000.000.02 0.02 118,061.64 313%
Reinvestments to Date 7,756.519 9.4040 12,943.24 9.4100 72,988.83 45.59 2,872.39 393%
Total Covered 326,566.296 3,072,943.24 3,072,988.85 45.61 120,934.03
Total 326,566.296 $3,072,943.24 $3,072,988.85 $45.61 $120,934.03
TOTAL M UTUAL FUNDS $3,072,943.24 $3,072,988.85 $45.61 $120,934.03
Page ID of 28
Account Number
Rated Excellent Cleating through Penlwel1C. a vilayevnted
,CO2i L (my Year Since 2007 sobsidiary of The Bonk a New Yak Melba
CONFIDO. DALIAR RATED COMMUtisCATIONS CarporatIon(INY Ma o)
LXCILLINCI PerIhnx 11.C. nwett• FINRAVV4PM_00046647
CONFIDENTIAL - PURSUANT TO FED. R CRINI. P. 6(e) DI3-SDNY-0009471
EFTA_00157256
EFTA01289619

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
April 1, 2018 - April 30, 2018
SOUTHERN FINA NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Eslimaled
Date Acquked Quantity Unk Cod Cod Bun Market Peke Market Value Gaidloas Annual Income Yield
EXCHANGE-TRADED PRODUCTS
ISHARESINC MSCI SOUTH KOREA ETF Searity Identifies. EWY
Dividend Option: Cash; Capital Gains Option: Cash CUSIP: 464286772
11103117 13,000.000 75.8460 985,996.98 75.6000 982,800.00 4,196 98 I8,291.14 2.87%
TOTAL EXCHANGE-TRADED PRODUCTS $985,996.98 $982,800.00 43,196.98 $28,291.14
Uncoated Accrued Slated
Cod Bads Merkel Value Godless Stared Andel biome
TOTAL U.S. DOLLARS $86,622,862.10 $89,738,033.26 $3,115,171.16 5313,669.42 $3,280,734.89
CHINA RENM I N BI
Estimated
Oesalptlen bearely Market Price Market Value Caning YI441
EQUITIES
Common Stocks
CHINA CONN UNICATIONS CONSTRUCTION COMPANY 224,000.000 7.3445 1,645,184.35 CNY
LTD SKS H ISMS CHE1)00002F5 259,732.93 USD
Security Id edifier: MOO IIK
CUSP. Y1136J1)8
Total Common Stocks 1,845,184.35 CNY
259,732.93 USD
TOTAL EQUITIES 1,645,184.35 CNY
259,732.93 USD
Acaued
Market Value Currency Wont
TOTAL CHINA RENM INBI 1,645,184.35 CNY 0.00
259,732.93 USD 0.00
Page 11 of 28
Account tiornbet
Rated ruttlent Clewing liner Pagel% IIC nakayevened
(very Yew Since 2007 semidry of Thalamic...kw Yalt Mellon
DALBAR RATED COMMUNICATIONS corporactonottir MAW
DIMLING( PerThinx 11.C.n.O-to ribakfriVYTEGM-000 46648
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009472
EFTA_00157257
EFTA01289620

Portfolio Holdings (continued)
EURO
Accrued Estimated Estimated
Desaltslen decay Market Prke Market Yalu. Currency Intend* Annual Income Yield
FIXED INCOME (In Maturity Date Sequence)
Sovereign Debt
REPUBLIC OFARGENTINA REG 1,000,000.900 97.4500 974,500.00 EUR 15,102.74 52,500.00 5.38%
ISMS X6175303779 5250% DI t/28 REG 1,177,293.45 USD 18,245.62 63,425.25
DTD ri09/17
Security Ideetifier: AP7608387
Total Sovereign Debt: 1,000,000.000 974,500.00 SIR 15,102.74 52,500.00
1,177,293.45 USD 18,245.62 63,425.25
TOTAL FIXED INCOM E 1,000,000.000 974,500.00 EUR 15,102.74 52,500.00
1,177,293.45 USD 18,245.62 63,425.25
Estinated
Oemiplion Ovenlky Merkel Price Market Value Currency Yield
EQUITIES
Common Stocks
UBI SOFT DITERTAINMENT 11,200.000 79.2600 887.712.00 EUR
1988FR0000054470 SA MONTREUIL ACT 1,072,444.87 USD
Security Id Wilier: UBI:FR
CUSIP:F9396N136
Total Common Stocks 887,712.00 EUR
1,012,444.87 USD
TOTAL EQUITIES 887,712.00 EUR
1,072,444.87 USD
Aoreed Etlimaled
MAN Value Currency Meted Maud Income
TOTAL EURO 1,862,212.00 EUR 15,102.74 52,500.00
2,249,738.32 USD 18,245.82 83,425.25
Page 12 of 28
Account ?turbo;OM Rand Citylient Clearing liner Pealing 11C. a volay evnted
. ,..: L (wi Year Since 2007 sobildiary a The Mak @Mew Yak Melba
CONFIDO. DALIAR RATED COMMUNICATIONS Carpotaban (MY WNW
(10ILLINCE Per97inx 11.C. mentatt rtrieAVVYLOM_00046649
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009473
EFTA_00157258
EFTA01289621

I!A I
Deutsche Bank
P.O Box 1 7 76, Baltimore, MD 21203
April 1, 20 - A pril 30, 2018
SOUTHERN F1NANCIALLLC
Portfolio Holdings (continued)
BRITISH POUND
Estimated Estimated
Oesuiption dlrNKy Merkel Price Market Value Connor Annual Income Yield
EQUITIES
Common Stocks
HSBC HOLDiNGS PLC ORD HIS 24,800.000 1.2819 180,592.43 GBP 9,184.51 5.08%
ISMS680005405286 248,693.26 USD 12,648 00
Security Id Wirier. HSBA:GB
CUSIP:64634U19
Total Common Stocks 180,592.43 ek. 9,184.51
218,693.26 USD 12,618.00
TOTAL EQUITIES 180,592.43 CEP 9,184.51
218,693.26 USD 12,618.00
Accrued Eatheated
Hulot Value Currenq Interest Mud SWIM
TOTAL BRITISH POUND 180,592.43 GBP 0.00 9,184.51
248,693.26 USD 0.00 12,648.00
HON G KONG DOLLA R
Opening Owing Awued 30 Day
Deariptor Du ante Belem Balance Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 42,782.40 42,782.40 HKD
5,151.33 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 42,782.40 12,782.40 HKD 0 00
5,451.33 USD 0 00
Estimated al ironed
Duciption prNily Markel Prise Market Vain Coning MMUS Income Yield
EQUITIES
Common Stocks
LONKING HOLDINGS LTD MS 710,000.000 3.8000 2,556,000.00 HKD 113,599.09 4 44%
ISIlltKYG5636CD78 325,685.52 USD 14,474.91
Security Id48101er 3339:HK
CUSP. 65636C107
Page 13 of 28
Account tioinbCItated rityllern Cleanng Ear ugh PenlivgI 1C *Ma/ evened
2: E. ben Yew Since 2O07 sabsidiary a The kek a New Vat Mellon
CONFID AL- DALBAR RATED COMMUNICATIONS CarporatIon (MY WWI
P • nw-to HINIAPWM_ 00046650
CONFIDENTIAL - PURSUANT TO FED. R CRI6,1. P. 6(e) DB-SDNY-0009474
EFTA_00 I 57259
EFTA01289622

Portfolio Holdings (continued)
HONGKONGDOLLAR (continued)
Estimated Estimated
Description Quantity Market Moe MLitt Value Currency Annual Income Yield
EQUITIES (continued)
Common Stooks (continued)
NINE DRAGONS PAPER HOLDINGS LTO SOS 144.000 000 11.8400 1,704,960.00 HKD
ION. BM G65311305 217245.89 USD
Security Id edifier. 2689:FIK
CUSP. G65311130
ZTECORP NISH INN* CNE1300004Y2 70800 000 25.8000 1,807,360.00 HKD
Security Idedifier: 763.HK 230,293.81 USO
CUSIP. Y0004995
ANHUI CONCH CE11 ENT CO LTD SITS H 52.500 000 49.4000 2,593,500.00 HKD
ism. UE1)0000182 330.463.77 USO
Security Id edifier 911:IIK
CUSP: Y01373'02
BANK OF CHINA LTD BEIJNG VS II 512.000 000 4.3000 2,201,600.00 HKD
ION. CITE:3000025 280,527.87 USO
Security Id Benner. 398811K
CUSP: Y0698A137
DONGFANG ELECTRIC CORPORATION LTD 150,200.000 8.1600 925232.00 HKD
SHSH IONS0010000304 117.893.03 USD
Security Id eetifier. D72:HK
CUSP. Y2095897
Vi BOLA' POW ERCO LTD NISH 228,000.000 9.1600 2,088,480.00 HKD
MN* NE130000419 265,114.08 USO
Security Identifier:2338:Hk
CUSP: Y95314119
ZHLIZHOU CRRC TIM ES ELECTRIC CO LTD SHS 43,400.000 41.8500 1,816,290.00 HKD
-H- ISIN4CNE1300004X4 231,431.67 USD
Security Idedifier 3898:111(
CUSP: Y9692N14
Total Common Stocks 15,693,422.00 HKD 113,599.09
1,999,655.64 USD 14,474.91
TOTAL EQUITIES 15,693,422.00 HKD 113,599.09
1,999,655.64 USD 14,414.91
Accrued Estimated
Meet Value Comm letterset Maui Income
TOTAL HONG KONG DOLLAR 15,736,204.40 1110 0.00 113.599.09
2,005,106.97 USO 0.00 14,474.91
Page '4 of 28
Account Number:
bled borleent Cleaging emir PealingI I( ea../ evened
bey Yew Since 2007 subsidiary a Tee leek a New WA Mellon
CONFID DAM* RA TED COMMUNICATIONS Cap:aeon (IINY Melon)
UCILAINCI Perow 11.C. mere, FzivRAAPAELGM_00046651
CONFIDENTIAL - PURSUANT TO FED. R CRIK P. 6(e) DB-SDNY-0009475
EFTA_00 157260
EFTA01289623

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
April 1,2018 - April 30,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
JA PAN ESE Y EN
Opening Closing Accrued 30-0q
Desaiplon danlity Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 202,469.00 202,424.00 JPY
1,849.95 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 202,469.00 202,424.00 JPY 0.00
1,849.95 USD 0.00
alleged Muted
Simplon Ourdity Markel Prim Market Value CelITUICy Maui Income Yield
EQUITIES
Common Stocks
NISTESCO CORP TOKYO MS LTD 6.300 000 3 955 0000 24.916.500 00 JPY 453,553.68 1.81%
ISINSPJ85129001 227 711.89 US) 4,145 45
Security Ideutilier 6268,
War. J1707010
Price Estimated as of 0412711
Total Common Stocks 24,916,500.00 JPY 453,553.68
227,711.89 USD 4,145.45
TOTAL EQUITIES 24,916,500.00 JPY 453,553.68
227,711.89 USD 4,145.45
Accrued Fullimeted
Mutet Value Currency intern Maud Income
TOTAL JAPANESEYEN 25,116,924.00 JPY 0.00 453.553.68
229,561.84 USD 0.00 4,145.45
Page 15 of 28
Account Humber. RAS Excellent Clewing linter PeakingL it auk,/ evened
CONFID L- E C v lA e t r I y lA YRe RllA S T i E n D ce C 2 O 0 M 0 M 7 UNICATIONS C su e b r s p i o d n ia e r l y e a n O ti W mb M a e l l , l o e n le ) le• Ycelt Mellen
EXCELIENCE Per ow RC. mere« Fn atal Y5;6(.4_00046652
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009476
EFTA_00i5726I
EFTA01289624

Portfolio Holdings (continued)
POLISH ZLOTY
Eslur act
Conception 0ientlly Maki Pike Market Value Currency Yield
EQUITIES
Common Stocks
CD PR0ST SA %IS 41 348.000 124.8000 5,180,230.40 PIN
Wet PL0PTT030011 1,473,085.80 UW
Security Ideatifier 0TGLF
CUSIPX09575116
Total Common Stocks 5,160,230.40 RN
1,473,085.80 USD
TOTAL EQUI T IES 5,160,230.40 FIN
1,473,085.80 UW
Accrued
Market Value Currency Interest
TOTAL POLISH ZLOTY 5,160,230.40 PLN 0 00
1,473,085.80 UW 0 00
RAND
Estral ed Estimated
Description 0esnlity Market Pike Market Value Currency Annual Income Yield
EQUITIES
Common Stocks
NASPERS LIM ITED LTD 2,000.000 3,059.4400 6,118,880.00 ZAR 11 599 85 0.18%
ISIS' ZAE000015889 490281.38 UW 929.46
Security Welder. NAPRF
CUSP: 55343593
Total Common Stocks 6,118,880.00 MR 11,599.85
490,281.38 USD 929.46
TOTAL EQUITIES 6,118,880.00 ZAR 11,599.85
490,281.38 UW 929.46
Accrued Eallraated
Market Value Currency lamest Mime Income
TOTAL RAND 6,118,880.00 ZAR 0.00 11,599.85
490,281.38 UW 0.00 929.46
Unseated Accrued &rated
Cost Basis Market Value Gannon Interne Annual Income
TOTAL PORTFOLIO HOLDINGS - U.S. 886 622 862 10 $98,694,233.76 $3,115,171.16 $331,915.04 $3,376,357.96
DOLLARS
Page 16 of 28
Account !tomb Rated Excellent Cleans through PenhieglIC.~ owned
L- (my Year Since 2007 subsidiary of net Reek a Nee Yen Mete
CONFID DALBAR RATIO COMMUNICATIONS Certattatton(ONY Melton)
(ialt MCC LIC. neretta tette.g0 Y5;604_00046653
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009477
EFTA_00 '57262
EFTA01289625

ra
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
April 1, 2018 - April 30,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
• Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 20 0 8. and are marked as "noncovered" Securities marked as "covered", were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances. including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face
amount of the security. Factors may change over time and are obtained from sources we believe to be reliable.
Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
° The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Holdings Summary by Currency
Exchange•Traded
Currency Cie fired Income Equities Mutual Funds Funds Total by Cunene/
U.S. DOLLARS 1119.490 26,094.770 58.467.983 3,072,988 982,800 89,738,033 USD
CHINA RENM IN81 0 0 1.645.184 0 0 1.645.184 CNY
EURO 0 974,500 887,712 0 0 1,862,212 EUR
BRITISH POUND 0 0 180.592 0 0 180.592 GBP
HONG KONG DOLLAR 42,782 0 15,693,422 0 0 15,736204 HKD
XPANESE YEN 202.424 0 24.916.500 0 0 25.113.924 JPY
POLISH ZLOTY 0 0 5.160,230 0 0 5,160.230 PLN
RAND 0 0 8.118.880 0 0 8.113.380 ZAR
Total USO Equivalent 1,126,791 27,272,063 64,239,589 3.072,988 982,800 96,694,233 USO
% of Allocation 1% 28% 67% 3% 1% 100%
Page 7 of 2S
Account Number:
Paled Cacellent Cleaging flour Paden lit • elely owned
CON L- Even Yew Since 2007 istaldiarg of T4 Bank el New York Mellon
FIDg DALBARPATED COMMUNICATONT exp-owen (MY Menu)
L‘CiLLINCI Periling 11.C. mere« ihRA.gaenfilief0-00046654
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009478
EFTA 00157263
EFTA01289626

Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions. at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total.
THEAS OF PRICE DATE ONLY APPEARS W HEN THEPRICEDATEDOESNOT EQUAL THE STAMM ENT DATE
Estimated Annual Figures
The estimated annual income (EA I) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be effected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Page 18 of 28
„„d,
Account Numbeill=
Rated Etoelitnt Clewing lame. Pella. IIC nib* evened
Every Year Since 2007 sabsidlaary of The lank el New Yak Meta
CONFIDO' DALIAR RATIO COMMUNICATIONS Cerpotation Man)
(JIMA MCC Pero me 11.C. Mr FtuRAAR4VELGM_00046655
CONFIDENTIAL — PURSUANT TO FED. R CRINI, P. 6(e) DE1-SDNY-0009479
EFrA_00 157264
EFTA01289627

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
April 1,2019 - April 30,2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Cu. rent Period
Date Dale Realized
Description earned narked Designation Disposition Method/ Ttansadion Owning Placenta Cod Sash Gals/Loss
Short Term
EURO CURRENCY 04/17/18 04113118 Noncom( Ant In First Out! REC IN YR ACCT -1.021,732 880 1.259.387 95 0.00 0.00
Security Identifier. EUR999995
PUT WEIR S&P 500 ET 04/23/18 03119118 Covered Fist In First Out! EXPIRE OPT MT -200.000 27.593.34 0.00 27.593.34
255.00
Security Identifies. 990AM CCAX
CALL GILEAD SCIENCES 04123/18 03116118 Covered first in First Out / EXPIRE OPT SHT •125.000 12.493.70 0.00 12.493.70
82.50
Security Identifier. 990AM L2D5
PUT GILEAD SCIENCES 04/20/18 03116118 Covered Ant In rust Out! BUY .125.000 12.868.69 52.25610 .39,387.31
77.50
Security Identifier 990AM L2FE
CALL sr9RUP500 ET 04/23/18 03119118 Covered First in First Out! EXPIRE OPTION 200.000 0.00 30.80610 -30,806.00
277.50
Security Identifier 990AM VOM
Total Short Term 1,312,343.68 83,062.00 -30,106.27
Long Term
BARCLAYS BK PLC CONT 04110/18 04103/13 Noncovered" Fist in First Out / REDEMPTION 300.000.000 300100.00 300.00010 0.00
NT ISINOUS06739FHK03 7.750% Original Cost Basis:300,000.00
04/1)/23 B/EDTD 0411.114C1B
Security Identifier. 06739FHKO
FACEBOOK INC CL A 04124/18 05111112 Noncoverelis Arst In First Out / Sal 6.500.000 1,045,442.84 247100.00 798.44214
Security Identifier. 30303M132
WASHINGTON MUT MTGS 04/24/18 12/13/13 Nonosvered".1 REPYMT OFPION 1.290.000.000 2,091.27 1,600.21 491.06
004-RA2 MTGPASSTHRU CTFCL C- Original Cost Basis: 160021
BAVAR RATE 6.996% 07/25133
Security Identifier 939335620
Total Long Term 1,347,534.11 548,600.21 798,933.90
Total Short and Long Term 2.659.877.79 631,662.21 768.827.63
Page '9 of 23
Account Number:
Rated ticillent Clewing theough Penang U.C. a %l e7 owned
hay Year Since 2007 studio" of The Bank el New York Mellon
CON FID 4 D DA 0 L :W IA I R N R C A E M > COMMUNICATIONS P Co e r t p ti o n ra g t l i l o C n a (II n N e Y r I M ng el r b u a i ) n .c.PkALGM_00046656
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009480
EFTA_00 157265
EFTA01289628

Schedule of Realized Gains and Losses Current Period (continued)
' Noncovered under the cost basis rules as defined below.
Generally. securities acquired before 2011 in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as-covered", were identified as securities potentially subject to the
cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may markthe account as noncovered. However, if the account does not receive a 10998. the cost basis
will not be reported to the IRS
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information,as it relates to corporate actions. has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1)99-B or online displays you may have available to
you
W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRSor other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting
Cost Basis on fixed income securities may be adjusted for amortization, accretion. original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election. type of fixed income security. and certain attributes. obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds, bonds sold short or bonds issued with lessthan one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information.
' The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no represent anon as to the accuracy of Misinformation.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this
may be reported on the IRS Form 1099-8
M essages
Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual
fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds
credited to your brokerage account. Reese see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for
additional information. Pursuant to SEC Rule 10 b-10( b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Page 20 of 23
Account Numba
Rated Galls. demo through halms LLC, • May owned
Every VW Since 2007 istaldiary of The Usk el blew Ye,* Mellon
CONFIDOt 4 u DA a tI u A e R i V c i r n o CCOAMUNICATIONS Caporatfon (IINY &igloo)
Pt/Oita ihRAAWI llia91"—OW4 0007
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009481
EFTA 00157266
EFTA01289629

a
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
April 1,2018 - April 30,2018
SOUTHERN FlNA NCIAL LLC
Act iv it y Summary (Alt amounts shown are in base currency)
Credits TNsPetead Debits ThisPeilod Net ThisPetend Credits Yes-to-Date Debels Year-to-Date Net Yee-to-Date
Securities
Securities Bought 0.00 9,499,014.52 0,499,014.52 0.00 -19.221,448.97 -19.221,448.97
Securities Sold 2.012.886.39 0.00 2.012.886.39 15.932.102.02 0.00 15.932.102.02
Total Securities $2112186.39 49.499.014 52 47.486.128.13 115.932.102.02 419,221,448.97 43,289,346.95
Dividends and Interest $104.496.82 $000 $104.496.82 $754,437.50 $0.00 $754,437.50
Distributions 1300.653 78 $0 00 1300.653 78 $502,541 82 $0.00 $502,541 82
Fees $0.00 4128.00 4128.00 $0.00 4200.00 4200.00
Taxes Withheld $0.00 $0.00 $0.00 $0.00 4346.70 4346.70
Other $0.00 40.42 40.42 $0.00 40.42 40.42
Cash
Withdrawal 0.00 -1,259.336.86 -1,259.336.86 0 00 -1,668,094.04 -1,668,094.04
Deposits 1,360,343.06 0.00 1,360,343.06 1,588,343.06 0.00 1,588,343.06
Total Cash $1.360,343.06 41,259,336.86 $101,006.20 $1,588,343.06 41,668,094.04 479,750.98
Totals $3,778.380.05 410,758,479.80 46,980,099.75 $18,777,424.40 420,890,090.13 42,112,665.73
Transactions by Type of Activity
Process; Trade;
Sett kmenl Transaction
Dote Clete Activity Type Dreuiption Conley Price &trued Interest Amount °infancy
Securities Bought and Sold
04103/18 03129/18 PURCHASED AMAZON COM INC BKCM A PERSHING AFFILIATE MAKESA Il KT 500 .000 1,423.7496 -711,930.80 USD
AM ZN IN THISSECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER
04/03/18 03/29118 PURCHASED ASSURANT INC FAD TO FLTG SUB NT 7000% 03/27/48 B/E OTC 2.000.000 000 102.0000 -2,333.33 -2.042.339.33 USD
A114613422 03/27/1C LB VARIABLE RATE
04/04/18 04102/18 PURCHASED ALPHABET INCCAPSTK CL C UNSOLICITED ORDER AVERAGE 1,000 000 1.004.5784 -1.004.634.49 USD
GOOD UNIT PRICE TRANSACTION YOUR BROKERACTED AS AGENT
04104/18 04102/18 PURCHASED AMAZON COM INC BKCM A PERSHING AFFILIATE MAKESA MKT 500.000 1,366.9087 183,510 38 USD
AM ZN IN THISSECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER
AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
Page 2'. of 28
Account
Rated tscollent Claim.l inter halms LLC. 4..4" owned
Nu0m2bi1e r trey Year Since 2007 sobsidiacy of The Bank a Mew Yovk Mellon
CONFIDO DAM/AWED COMMUNICATIONS CoopotatIon (MY /*Moo)
LXCULINCI PerchnglIC.nw-bt, IthRo..W11.1391"—00046658
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009482
EFTA_00 157267
EFTA01289630

Transactions by Type of Activity (continued)
Proms Trade;
Settlement Transaction
Date Dine Aciiyity Type Description auentily Price Acaued Interest Amount Currency
Securities Bought and Sold (continued)
04/10/18 04105/18 PURCHASED POUSH ZLOTY 2.410.966 000 3.4143 -706.137.71 USD
04/10/18 04/06/18 PURCHASED CD PROJEKT SA 915 ISM* PLOPTTCOOOTIALLOCATED ORDER 20.000 000 120.4083 -1,410,966.00 PLN
OTGLF YOUR BROKER ACTED AS AGENT AS 0E04/06/2011 -704.672.36 USD
04/17/18 94113/18 PURCHASED REPUBLIC OF ARGENTINA REG S (SINS XS17%303779 5.250% 1.000,000 000 100.8500 •13.232.88 -1,021,732.88 EUR
AP7608387 065128 REG DTD 1109117 YLD 5.134 TO MAT ASOF -16,310.85 -1,259.387.95 USD
04/3312013
04119/18 YOUR OPTION ASSIGNED PUT 110 QUALCOM II INC DP 04.20.16060 000 OPTION 25 000 000 USD
990AL P130 5 ROOT: OCOM OCOM -05 CLOSING TRANSACTION
04/20/18 04118/18 PURCHASED POUSH ZLOTY 1.375.796 340 3.3575 409.768 08 USD
04120/18 04/18/18 PURCHASED CO PROBIT SA 915 (SINS PLOPTTC00011ALLOCATED ORDER 11.348 000 121 0969 -1,375,796.34 PLN
OTGLF YOUR BROKER ACTED AS AGENT AS OF 04/13/201 X09.231.79 USD
04120/18 94118/18 PURCHASED QUALCOM M INC ACCT OPT ASSIGNED 2,500 000 60.0000 -150,106.00 USD
OCOM
04/23/18 04120118 SOLD SHORT PUT DO GLEAD SCIENCES INC DP 05-1-1277500 OPTION -125 000 5.0000 62,117 55 USD
990ALUCIW A ROOT: GILD OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
04/23/18 04/20/18 PURCHASED PUT 130 MEAD SCIENCES INC EXP 0 4-20-10 77500 OPTION 125.000 4.1500 42.256 00 USD
990AIA L2FE ROOT: GILD CLOSING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
04/23/18 YOUR OPTION ASSIGNED PUT DO QUALCOM M INC EXP 04.20.16060 000 OPTION 75.000 0.00 USD
990ALP9D5 ROOT: OCOM OCOM CLOSING TRANSACTION
04/23/18 YOUR OPTION EXPIRED PUT 100 SPIN S&P 500 ETF TR TR UNIT EXP 200.000 000 USD
990AM DCAX 04-20.130255000 OPTION ROOT: SPY SPY CLOSING
TRANSACTION
04/23/18 YOUR OPTION EXPIRED CALL DO G LEAD SCIENCES INC EXP 04.20.13082,500 OPTION 125.000 0.00 USD
990AML205 ROOT: GILD GLD CLOSING TRANSACTION
04/23/18 YOUR OPTION EXPIRED CALL DO SPDR S&P 500 ETF TR TR UNIT EXP -200.000 0.00 USD
990AM ROM 04-2040277500 OPTION ROOT: SPY WY CLOSING
TRANSACTION
04/24/18 04/20118 PURCHASED QUALCOM IA INC ACCT OPT ASSIGNED OPTCUSIP 990ALPB05 7.500 000 60.0000 450.30640 USD
OCOM
04/25/18 93127/18 CORRECTED PURCHASE BERKSHIRE HATHAWAY INC DEL CL A UNSOL AVERAGE UNIT 3.000 301.440.0000 404.426.00 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
CORRECTED CONFIRM
04/25/18 03127/18 CANCELLED PURCHASE BERKSHIRE HATHAWAY INC DEL CI. A UNSOL AVERAGE UNIT -.000 301.440 0000 905,326 00 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
CANCELLED TRADE
Page 22 of 28
Account Puma
Rated ticellent Clewing through PenhinlIC • Say °mai
trey Year Since 2007 SASS." of TM Mak a New Ytelc Melba
CONFID OMAR MITO COMMUNICATIONS CaneratIon any Wilco)
EACtLLINCI PerOing 11.C. ertrett. MR", tlei lha9,"- 00046659
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009483
EFTA_00157268
EFTA01289631

PA Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
kpril 1,2018 - April 30, 2018
SOUTHERN FlNA NCIAL LLC
Transactions by Type of Activity (continued)
Process Trade;
Settlement Transaction
Date Dale Activity Type Description Quartile Price Accrued Interest Amount Correnq
Securities Bought and Sold (continued)
04/26/18 04/24118 SOLO FACEBOOK INC CL A UNSOLICITED ORDER 1,500 000 160.8820 1.045.442 84 USD
FB
04127/18 REINVEST CASH INCOME .PM ORGAN FLOATING RATE INCOME FUND CLASS I 1,096 556 .10,307.63 USD
?HS% 3254697400 SHRS *IRS PORCH. AT $910000 RD 04125 PD
04/27/13
Total Securities Bought and Sold
EURO -13.232.88 -1.021.732 88 EUR
TOTAL USD EQUIVALENT -16.310.85 -1,259.387.95 USD
POLISH ZLOTY 0.00 -3,786,762.34 PLN
TOTAL USD EQUIVALENT 0.00 -1.113.904.15 USD
U S. DOLLARS -2.333.33 -5.112.836.03 USD
Dividends and Interest
04/03/18 FOREIGN BOND INTEREST 2000000 .13S INVTSGMBH GTD SR NT REG S 72,500 00 USD
A29866AB5 ISINt LISA29866AB537250% 04/03124 WE DTO 04103/14 US
RD 04102 PD 04/03/13
04/06/18 FOREIGN SECURITY DIVIDEND HS8C HOLDINGS PLC ORD SHS ISINO GB0005405286 RD 02/23 -24,800.000 5,208 00 USD
RECEIVED PD 04/06/13 DIV -00.21
HBCYF
04111/18 FOREIGN BOND INTEREST 300000 BARCLAYS BK PLC CONTINGENT CAP NT 11,625 00 USD
06739FHKO ISINt US06739FliK03 7750% 04/1/23 WE DTD 0 4/13/ t3 CLB
RD 04101P D 04/13113
04/24/18 MONEY Al ARKET FUND DEUTSCHE GOVT CASH INSTL INCOME REDEEM ED 1.796.53 USD
INCOME RECEIVED
PER232045
04/25/18 BOND INTEREST RECEIVE) 00000 WASHINGTON M UT M TGSECSCORP 200 4-RA2 M TG 2,805 91 USD
939336520 PASSTHRU CTF Cl C-B-WAR RATE 6 996% 07125133 B/E DTD
06/0104 RD 03/30 PD 04/251%
04127/18 CASH DIVIDEND RECEIVED .PMORGAN FLOATING RATE INCOM E FUND CLASS I 10.307 63 USD
325469 7400 SHRS RD 04125 PD 0412718
04/30/18 MONEY M AFtKET FUND DEUTSCHEGOVT CASH 253.75 USD
INCOME RECEIVED
PER232045
Total Dividends and Interest - U.S. DOLLARS 0.00 104,496.82
Page 23 of 28
Account Numbeu
Rated banal Clewing Itwough Penhieg 11C. a Say ~ad
bay Y. Since 2007 Salary a rite Malta New Yak Mellor.
CON FIDO L DALIAR £ATFDCOMMUNICATgNS Corporation (11111Y Mellon) .........,, , s a
LXCWINCE fientlett l LC. reenter Fihitn.illeM orNm- 00046660
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009484
EFTA_00 157269
EFTA01289632

Transactions by Type of Activity (continued)
Process; Trade;
Settlement Transmtion
Date Dote Activity Type Description Quantity Price Accrued Interest Amount Drumm
Distributions
04110/18 SECURITY REDEEMED BARCLAYS BK PLC CONTINGENT CAP NT 'SINS US06739FHK03 -300.000 000 300.000.00 USD
0 6739FHKO 7150% 0111123 BIE DTD 04/1113 CL8
04/25/18 RETURN OF PRINCIPAL 1290000 WASHINGTON NUT M TG SECS CORP 200 4 -RA2 M TG 653.78 USD
RECEIVED PASSTHRU CTF CL C-B-1VAR RATE 6 996% 07/25/33 B/E DTD
939336620 06/0104 RD 03/30 PO 0412511
Total Distributions - U.S. DOLLARS 0.00 300.653.78
Fees
04/02/18 FOREIGN CUSTODY FEE Fgn Safekeeping M AR 20 13 CUSIP. F9396N-1.6 -2.00 USD
UBSFF
04102/18 FOREIGN CUSTODY FEE Fgn Safekeeping 11A R 201 CUSP. 64634 U-1-9 -2.00 USD
HBCYF
04102118 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201 CUSP G5636G1.7 -2.00 USD
LONKF
04102118 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201C USP 66531.1-0 -2.00 USD
NDGPF
04102/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201 ClISP X 70 70-1-0 -2.00 USD
NCTKF
04102/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201 CUSP S53435-1.3 -2.00 USD
NAPRF
04102/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201C USP X0957E-1-6 -2.00 USD
OTGLF
04/02118 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201 CUSP. Y0004 F-1.5 -2.00 USD
ZTCOF
04102/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201 CUSP. Y0473-D.2 -2.00 USD
AHCHF
04/02/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201 CUSP. Y0698A-13 -7 -2.00 USD
BACHF
04102/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 21101SP Y1136J1.8 -2.00 USD
CCCGF
04/02118 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201 CUSP. Y20958.1.7 -2.00 USD
DNGFF
04/02/18 FOREIGN CUSTODY FEE Fgn Safekeeping M AR 20 13 CUSP. Y953%-9-9 -2.00 USD
WEICF
04102/18 FOREIGN CUSTODY FEE Fgn Safekeeping MAR 201C USP Y9892N-13-4 -2.00 USD
ZHUZF
04/04/18 AGENT SERVICING FEE ALIBABA GROUP HLDG LTD SPONSORED ADR -100.00 USD
MBA ISINft UW10914127 RD 03/30 PO 04/04/15000 SHSSVC
FEE NIG° 2380 4 1
Total Fees - U.S. DOLLARS 0.00 -128.00
Page 24 of 28
Account Noma
Rated Eintilent Clown& tIvough Pealing LC. wlay evened
eCDip7X31Gt Y. L-- tray Year Since 2007 subudimy of The Bank a New Vat Mao
CONFID PAIAAR MUD COMMUNICATIONS Corporation(SNY Mao)
EXCILIANCE tic. Mnt41 tit,RA.gWrateM_00046661
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009485
EFTA_00 157270
EFTA01289633

a
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
A pril 1,2018 - A pril 30, 2018
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Roam Trade;
Settlement Transedlon
Date Date AdivNy Type Description Ouentily Price Accrued Interest Amount Correnq
Other Transactions
04/13/18 ACTIVITY WITHIN YOUR ACCT APOLLO GLOBAL M GM T LLC CL A SKS TRANSFER TO MARGIN -263.157.000 0.00 USD
APO
04/13/18 ACTIVITY WITHIN YOUR ACCT APOLLO GLOBALMGMTLLC CI A SHS TRANSFER FROM CASH 263 157.000 0.00 USD
APO
04/20/18 04119/18 FREE CREDI T BALANCE JAPANESE YEN CURRENCY FREE CREDIT BALANCE INTEREST 45.00 JPY
INTEREST CHARGE CHARGEFREECREDIT INT CHRG 03-20-1 TO 04.1.13 FOR 4.42 USD
.PY999993 CUSTOMER ACCOUNT
Total Other Transactions
.APANESE YEN 0.00 -45.00 JPY
TOTAL USC EQUIVALENT 0.00 4.42 USD
US. DOLLARS 0.00 0.00 USD
Cash W ithdrawals and Deposits
04/17/18 INCOMING CURRENCY WIRE INCOMING CURRENCY WIRE EURO CURRENCY 1,021,732.88 EUR
EUR999995 1,263,372 71 USD
04/17/18 FEDERAL FUNDS SENT CEUTSCHEBANKTRUST 4 .259.336 85 USD
USD999997
04/24/18 CUSTOM ER AUTHORIZED TRANS FRII N4G02611 96,970.35 USD
TRANSFER
USD999997
Total Cash Withdrawals and Deposits
EURO 0.00 1,021,732.88 EUR
TOTAL USC EQUIVALENT 0.00 1,263,372.71 USD
U.S. DOLLARS 0.00 4 ,162,366.51 USD
Told Accrued Interest Total Amount
Transimtionsanmay Told Mailed altered Told Amount Oaring US0Equhalent USDEquivalent
EURO -13.232.88 0.00 EUR .16,310.85 3.984.76
tIAPANESE YEN 0.00 45.00 JPY 0.00 4.42
POLISH ZLOTY 0.00 -3.186.762.34 PLN 0.00 -1,113,904.15
U.S. DOLLARS -2.333.33 5,870,179.94 USD -2,333.33 4,870,179.94
The price and quantity displayed may have been rounded.
Page 25 of 28
Account Nimbi
Fisted Eses4lent Diana through kohl% LC. • w.layesmai
Stern .. Even Year Sirs« 2007 subsidiary of The Usk col Mew Yalc Macon
CONFID AL DALIAR RATED COMMutoCATIONS Corpotatkon (SHY Mellon)
EXCELLENCE P.,,P4n4 tut. ',Ito' sA.gWILE,GM_00046662
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009486
EFTA_00 I5727 I
EFTA01289634

Fixed IncomeAnalysis
Bond Quality Bond Maturity Schedule
tot Bond
%eland
Bond Quality Matt Value Met Value Percent of need Income Bold Mindy Mate Yid Maker Win
A 2,222,100.00 8% I.7 to 12 months 995,000.00 4%
BAA 10,301,380.00 38% altil to 10 years 5,151,693.45 19%
MOver 10 years 21,125,370.10 77%
BA/ Lower 13,125,487.00 48%
Not Rated 1,623,096.55 6% Total 27,272,063.55 100%
Total 27,272,063.55 100% 20 40 80 80 10
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Called Bonds
Oigit4e pled Cd Type Rederidllon
WIDE. Security Description Quantity Otialky Prim of Cd Proceeds
05/15/2018 BANK AM ER CORP PERP NON COM ULATIVEDEP 2,000,000.000 2,000,000.000 100.0000 Full 2,000,000.00
SHS FIXED TO FLOAT 8.125% 04/ 30158 B! E
DTD 04/ 30108 CAUABLE05/ 15/18
Pershing LW receives the called bond information from several information sources which Pershing believes are reliable. Pershing does not guarantee the accuracy of the information.
For callable options that are available to you please contact your Investment Specialist.
Client Service Information
Your Investment Specialrst ENJ Coaled lotormalion
JOSHUA SHOSHAN Telephone Number:
280 PARK AVE- 3RD FL
NEW YORK NY 10017
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for Mutual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield M ethod
Include market discount in income annually. No
Page 26 of 28
Account Number:
Rated Excellent Clain,l iner Penbleg EEC auk,/ wend
Even Yes, Since 2007 .Sian a The Malt a New Yak Mellon
CONFID DALIAR RATED COMMUNKATIONS Camointat an MAW
EXCELLENCE Peri • 11.SC.lnyer -bn FilitIAAR4VELGM_00046663
CONFIDENTIAL — PURSUANT TO FED. R DRilvl. P. 6(e) DB-SDNY-0009487
EFM_00157272
EFTA01289635

PA Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
April 1,2018 - April 30,2018
SOUTHERN FlNANCIALLLC
Your Account Information (continued)
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (I) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account. its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents. the
acceptance and, in certain instances, execution of securities orders:the assessment of the suitability of those transactions. w here applicable, the rendering of investment advice.
if any. to you and in general. for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department a: All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance. but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPC®). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about/ strength-and-stability
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can be f unit n th fir t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department,
One Pershing Plaza. Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited
• The ability of the parties to obtain documents. w itness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason( s) for their award. unless, in an eligible case. a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court.
Page 27 of 28
Account Number:
Rated banal Charing Omagh Paws 11C. a wIlayovmed
(very Yew Since 2007 setaldlan of The in Wk. Yak Mellor.
CONFIDO. L DAtIAR RATED COMMUNICATIONS Corporatfon (IINY Mellon)
EXCIall4a Pershett LC. mete FI nge, liat'llfila,"_ouv4 6664
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009488
EFTA 00157273
EFTA01289636

Important Information and Disclosures (continued)
Important Arbitration Disclosures (continued)
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto. shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
act ion to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out or the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the clan is decertified; or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399;
Page 28 of 23
Account
RAN Iscollent Clewing through Pecan LLC, • ably owned
NStu CmUb/e r (very Year Since 2007 sobsidiary of The Bank ol New York Mellon
CONFIDO. DALBAR RATED COMMUNICATIONS CoporatIon (MY Mellon)
LXCULINCI Perihng 11.C.mer-bn HMV,. P4.114:t.GM—00046665
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009489
EFTA_00 157274
EFTA01289637

a
Deutsche Bank Dtutuhe aant Minh. Malth ligarintalryt
mutat, (mean 6,o4
0ntul* illKitithit
P.O. Box 1776, Baltimore, MD 21203 New York Cake
Writ& Attfts. Ha floor
NearVal
Toll o ne
Neva
M arch t 2018 M arch 31 2018
Account Number:
SOUTHERN FINANCIAL LLC
6 10 0 RED HOOK QUARTER B3
ST THOMASVI 0 0 80 2
Portfolio at a Glance
This hand Vear4o-Date
Your Investment Specialist. BEGINNINGACCOUNT VALUE 9100,798,935.88 $97,272,547.37
JOSHUA SHOSHAN Net Cash Deposits awl Withdrawals 4,284.48 80,757.18
(272) 454-4433 Adjusted Previous Account Value 100,792971.38 97,091,790.19
Dividends. Interest and Other scone 158,053.65 823,624.30
Total Taxes Withheld 446.70 -346.70
Other Transactions -24.00 -72.00
Net Change in Portfolio' -3,962,843.81 -929,485.27
ellOWAcoout4r
Accrued Interest 5447,267.99
Estimated Annual Income $3,158,097.74
'Net Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Nand Awl Type Mot Year-91d Lad Period ThisPeriod
7% Cash. Money Funds, and Bank Deposits 823,820.96 4,917,369.68 6,997,025.68
le 25% Fixed Income 28,083,479.22 24,938,825.22 24,399,755.03
64% Equities 60,899,388.97 65,010,259.12 61,548,464.25
3% M utual Funds 3,020,938.22 3,050,791.84 3,059,415.58
1% Exchange-Traded Products 6,444,920.00 2,881,690 00 980,850.00
100% Account Total (Pie Chart) $97,272,547.37 8100,798,935.88 $98,985,510.52
Please review your allocation periodically with your Investment Specialist.
Page 1 of 3'
Rated Einelient Cie Omer Peaky LLC, sub./evened
FIDMIAL (my Year Since 2007 Moldered The lank altleo Yak Melee
DALIAR RATED C0MMUNKATI0NS CaeParatfanatlY MAW
LICILLINCI Penhng U.C.rnerter Fit..RA.*M SLEN,"_00346666
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009490
EFTA_00 157275
EFTA01289638

Summary of Gains and Losses
Realized
This Period Year-le-Date Unrealized
Short-Term Gain! Loss 218,961.89 1359,150.12 -794.667.39
Long-Term Gain! Loss 1.197.695.62 1.917.053.12 5.278.944 47
Net Gain! Loss 1.416.657.51 3.276.203.24 4,484,277.08
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECB° ) and other credit institutions introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Omrmry Closing Amount in
Currency USO Equivalent per U93 Currency Uwe Base Currency USO
CHINA RENM INS' 0.1589 6 2917 HONG KONG DOLLAR 42,782 40 5.451 29
EURO 1.2297 0 8132 JAPANESE YEN 202.469 00 1 904 02
BRITISH POUND 1.4026 0 7129 Total Global Cash Balance 57.355 31
HONG KONG DOLLAR 0.1274 7 8481
APANESE YD4 0.0094 106 3300
POLISH ZLOTY 0.2920 3 4245
RAND 0.0844 11.8452
Exchange rates are based on interbank exchange rates as of 03/ 29/ 2018. Exchange
rates can vary.
Money Market Fund Detail
Date Adhrity Type Descristmn Amount Mena
Sweep Money Market Fund
DEUTSCHEGOVT CASH INSTL
Current Yield 153% Activity Ending: 031 29/ 18
03/01/18 Opening Balance 4,620,905.09 4,620,905.09
03/01/18 Deposit MONEY FUND PURCHASE 54,375.00 4,675,280.09
03/05/18 Withdrawal MONEY FUND REDEM PTION -25.637.10 4.649.642.99
03/06/18 Deposit MONEY FUND PURCHASE 21.572.81 4.671.215.80
03/13/18 Withdrawal MONEY FUND REDEMPTION -142.711.00 4.528.504 80
03/14/18 Deposit MONEY FUND PURCHASE 1,023,650.70 5.552.155.50
03/15/18 Deposit MONEY FUND PURCHASE 35,625.00 5,587,780.50
03/20/18 Deposit MONEY FUND PURCHASE 1,051,392.38 6,639,172.88
Page 2 of 3'
Account Nunittiella
Rated Estrilent Chinni (Sough hushing LC • Say venal
Even Yet Sint 2O07 sstaittiary a The Bank a Mew Yak Mellor.
CONFID AL DALBAR RATED COMMUNICATIONS Corporation (BNY Mellon)
DIMLING( p.,,pmg Mt. ,it,RA.K%1U,GM_00046667
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009491
EFTA_00 157276
EFTA01289639

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
M arch 1,2018 - M arch 31,2018
SOUTHERN FINANCIAL LLC
Money Market Fund Detail (continued)
Date Activity Type Desaiptin Mount Beam
Sweep Money Market Fund (continued)
DEUTSCHEGOVT CASH INSTL (continued)
03121,18 Withdrawal MONEY FUND REDEMPTION 493,258.27 5,745,918.81
03121/18 Withdrawal MONEY FUND REDEMPTION 499,506.77 4,746,409.84
03122/18 Withdraw al MONEY FUND REDEM PTION .47,505.24 4,698,904.60
03123/18 Deposit MONEY FUND PURCHASE 9,125.09 4,708,029.69
03126/18 Deposit MONEY FUND PURCHASE 991,370.56 5,699,400.25
03128/18 Withdrawal MONEY FUND REDEM PTION 43,027.06 5,656,373.19
03/29/18 Deposit MONEY FUND PURCHASE 274,535.14 5,930,908.33
03129/18 Deposit INCOM E RBNV EST 6,299.54 5.937207.87
030/18 Closing Balance $5,937,207.87
Total All Money Market Funds $5,937,207.87
Income and Expense Summary
Callleti Pence Yeareigiale
Untie Non Taxable Malt Noe Tumble
Dividend Income
Equities 9,388.83 0.00 149,681.89 0.00
Money Market 6,299.54 0.00 12,367.78 0.00
Other Dividends 11,865.99 0.00 215,092.63 0.00
Interest Income
Bond Interest 128,499.29 0.00 235,993.98 0.00
Other Interest 0.00 0.00 36,804.40 0.00
Expenses
W ithholding Taxes 446.70 0.00 44610 0.00
Total Dividends, Interest, Income and Expenses $155,706.95 $0.00 $649,593.98 $0.00
Distributions
Alternative Investments 0.00 0.00 0.00 173,883.82
Other Distributions 0.00 573.57 0.00 28,204.42
Total Distributions $0.00 $573.57 $0.00 $201,888.04
Page 3 of 3'
Account ?turbo
Rated CzotIlent Clewing through Paging LLC. ea* evmed
2:C: tWAL15 (my Year Since 2007 Malatya The in a Na. Yoh Meta
CONFIDO. DALBAR RATIO CO MMUMCATIONS Capponefon (MY Map)
LICILLINCI P nxILC...p.ter FINRAARKELGM-00046668
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DEl-SDNY-OOO9492
EFTA_00157277
EFTA01289640

Portfolio Holdings
U.S. DOLLARS
Account Activity Opening Closing Acaued Income 30-Day Cared
Opening Date Quantity Number Ending Balance Balance Income ThIsYear Yield Yield
CASH, MONEY FUNDS. AND BANK DEPOSITS
Margin Balance 291900.00 1152.462.50
Money Market
DEUTSCHE GOVT CASH INSTL
03/01/18 5137,207.870 NIA 03129/18 4.620.905.09 5.937.207.87 275.80 12.367.78 1.40% 1.53%
Total Money Market $4,620,905.09 $5,937,207.87 $275.80 $12,367.78
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $4911905.09 56,989170.37 $275.80 $12,367.78
Adjusted Untealized Accrued Estimated Skated
Date Acquired Quantity Unit Cod Cod Bads Market Pike Muket Value Denton Interest Annual Income Yield
FIXED INCOME (In Maturity Date Sequence)
°Asset Backed Securities
WASHINGTON NUT MTG SECS CORP 2004.9.42 Security testifier:939336820
NIG PASSTHRU CTF CI.C41VAR RATE
6997%07/25/338/E DID 06/0104
Factor: 0.37306485 Effect rye Dak03/0/1
Current Face Value. 481253657
12113113'3° 1,290,000.000 76.5190 368,248.59 93.0380 447,748.78 79,500.19 2.806.30
Original Cost Basis: $631906.71
Total Asset Backed Securities 5368,248.59 5447,748.78 $79,500.19 52,80130 $0.00
1,290,000.000
Total Current Face Value: 481.253.657
Corporate Bonds
CITIZENS COM M UNICATIONS CO SR Security Identifier: 174538AW1
NT FULLY EXCHANGED FROM 174539AX9
7.125%03/E/S 8/E DTD 03/23/07M nod y Rating CAA1S1 P
Rating 9
10/03117 1.000.000.000 100.0680 1.000.680.02 99.8750 998,750.00 -1,930.02 3,166.67 71 250 00 7 13%
Original Cost Basis: 5100100600
BARCLAYS BK PLC CONTINGENT CAP NT Security Identifier: 06739FHK0
ISINt USO 6739FHK03 7.750% 04111/23 WE
DTD 04/9/13 CALLABLE 04'1)/1S* P Rating 81.
04/03113'.3 ° 300,000.000 100.0000 300,000.00 100.0200 300.060 00 60 00 11,04375 23,250 00 774%
Original Cost Basis: 5300.000.00
Page 4 of 3'
Account Number:
Rated ticellent Clewing through Penave LC. • **at owned
St027tXMC25 trey Year Since 2007 ittalcliary of The Bank el New Yea Mellon
CONFIDO OMAR ItA110 COMMUNICATIONS CaveratIon OM Mellon)
UCtlIttla Pen.' mg U.C. ertn—bn Ithito..%WhiGM-00046669
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009493
EFTA_00 157275
EFTA01289641

Deutsche Bank
P.O. Box 1 7 76, Baltimore, MD 21203
M arch 1,2018 - M arch 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjured Unrealized Accrued Estimated Estimated
Date Acquired 0uantity unit Cost Cum Bala Market Nice Market Value Geier Loss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
EXELA INTER LLC/ EXELA FIN INC GTD Security Identifier 30 S2RAA9
FIRST PRIORITY SR SECO NT 144A
1)100% 0715123 8/E DID 07/4/17 CLBMoody Paling 83 SR P
Rating B
10/24/17 2.000.000.000 97.0250 1.940.506.00 101.1250 2.022.500.00 81.994.00 42.222 22 200.000.00 9.88%
Original Cost Basis:61940,506.00
11S INVTS GM BH GTD SR NT Security Ideal A29866AB5
REG S ISIN# U5429866A853
7250%04103/24 BIE D1004/03(145 & P Rating B
10/31/17 2,000,000.000 99.0650 1,981,300.00 99.3500 1,987,000.00 5,700 00 71,291 67 145,000 00 729%
Original Cost Basis: $1981300.00
SERVICES ASTER CO NT 7250%03/0138 B/E Security Identifier: 81760NAB5
DTD 03102/98 ST CP/4 DTE 09/0198
CPN PM T SEMI ANNUAL ON MAR 01AND SEPOiloody Rating
El2 St P Rating B
10/18117 500,000.000 103.9600 519,799.60 100.4750 502.375.00 .17,424.60 3,020.84 36,250.00 721%
Original Cost Basis: $520,00300
10/19/17 350.000.000 103.9620 363.866.18 100.4150 351.662.50 -12.203.68 2114.58 25.375.00 721%
Original Cost Basis:6364,006.00
10/20/17 80.000.000 103.9680 83.174.19 100.4750 80,380.00 -2.794.19 483.33 5.800.00 721%
Original Cost Basis:683206.00
10/31117 70,000.000 103.9710 72.779.55 100.4750 10,332.50 -2.447.05 422.92 5,075.00 721%
Original Cost Basis:572/306.00
Total Covered 1.000,000 000 1,039,619.52 1,004,750.00 -34.869.52 6,041 67 72,500.00
Total 1,000,000.000 51,039.619 52 51,004,750.00 434,869 52 $6,041 67 $72.500.0D
$14 ORGAN CHASE& CO DEP SHSREPSTG Security Identifier. 4662514HA1
10TH PFC SERIFIXED TO FUG RT BD
7.900% 04129149 BIND 0023/08M oody Rating RAMS& P
Rating BBB-
06115111 .'"? 2.500.000.000 107.5000 2,687,500.00 100 5100 2,512,750.00 -174,750.00 82291.67 197,500.00 7 85%
Page 5 of 3'
Account Number
Rated Gallen, Clewing %MO PeaNng LC • Say anal
C ONFID L tray Yeas Since 2007 Saila, of The Mak ether. Y.:4 Melba
DALIARPATEDCOMMUNICATIONS Corporation (lita• Aielloa)
EXCallha hoshint UK. rreente Fitain. tWilla!"—00046670
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009494
EFTA 00157279
EFTA01289642

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
*dolled Unrealized Awued Estimated EsIlmaled
Date Acquired Quantity Unit Cog Cast Bads Market Rio Market Value Gain (Loss Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
SUORGAN CHASES CO DEP SHSREPSTG (continued)
Original Cost Basis: $2.687.500.00
06115111 .'" 2 2.500.000.000 107.0000 2.675.000.00 100.5100 2.512.750.00 -162.250.00 82.291.66 197.500.00 7.85%
Original Cost Basis: $2475000.00
Total Noncovered 5,000,000 000 5,362,500.00 5,025,500.00 -337,000.00 164.583.33 395,000.00
Total 5,000,000.000 55,362,500.00 55,025,500.00 4337,000 00 5164,583 33 thskjii.do
BANK AM ER CORP PERP NON COM ULATIV E DEP Security Identifier 0605050T8
SKS FIXED TO FLOAT 8.25% 04/30/58 WE
DTD 04130/08 CALLABLE0571/SM oody Rating BA2 S& P
Rating BBB•
01/10/11 .'3-t2 2,000,000.000 103.9800 2,079,596.33 100.4000 2,008,000.00 -71,596.33 61,388.89 162,500.00 8.09%
Original Cost Basis: 52,08710.56
SOUTHERN CAUF EDISON CO PREF SER E Securely Identifier: 842400 FU2
6 250% 0117162 WE DTD 0 YI nt
CALLABLE02/011220 DO 000M ood y Ruling BAA1S & P Rat mg
BBB-
01130f12''312 3.000.000.000 99.8860 2.996.587.97 106.2500 3.187.500 00 190.912.03 31.250.00 187,500.00 5.88%
Original Cost Basis: 52,992,56497
GENERAL ELEC CO GTD FX0-70-FLTGRT Securely Identifier 359604BM 4
NON•CUMULATIVE PERPETUAL PREFERRED
4.000% 2/03/65 FtEG DID 12/03/1Moody Rating A3 S8 P
Rating BBB*
12/03/15' 2.469.000 000 88.0930 2.175.016.17 91.0000 2.246.790 00 71.773.83 29,079.33 98.760.00 4.39%
Original Cost Basis: 52,175.01.17
5LLOYDS8ANKING GROUP PLC FXD RATE RESET Securdy Identifier $39439A64
AUDI TIER1SECS 'SINS US539439AG42
7.500% 04127/88 WE DTD 04107/13 & P Rating B8-
Please Would e • 1,903,000.000 NM Please Provide 108.3750 2.062.376 25 N/A 1,585.83 142.725.00 6 92%
Original Cost Basis: Please Provide
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identdiet: 2296725
5950% 08/15/88 MDR) 0012/4
CALLABLEOBIS/20 0 VO 0001loody Rating BA2 S& PRaling
BB*
08/06/15 3,000,000.000 100.0000 3,000,005.99 103.6260 3,108,780.00 108,774.01 22.808.33 178.500.00 5 74%
Page 6 of 3'
Account NUMb teM Rated ticellent Clewing through Penleve LLC, a ~y owned
it 02 (very Year Since 2007 sotaidiary of The Bank a New York Mellon
CONFIDO. DAtlIAR ItATED COMMUNICATIONS CarporatIon (lily Mellon)
EXCLISINCI Perin .n.‘ RC. rent-to ftt..4"..glkia.GM-00046671
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0009495
EFTA 00157280
EFTA01289643

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
M arch 1,2018 - M arch 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Acaued Estimated ali maled
Otte Acquired Quantity Unit Cost Cod Bain Markel Price Market Value Gain/Loss Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
CITIGROUP INC FXD RT SR NT PERP DEP RECPT (continued)
Original Cost Basis: 2900,006.00
Total Corporate Bonds $21,675,812.00 323,952,006.25 213,818.00 2444,461.69 $1,676,985.00
23,672,000.000
TOTAL FIXED INCOME 222,244,080.59 324,399,755.03 $93,318.19 $441,267.99 21,676,985.00
24,902,000.000
Unmated Est bided Whaled
Dile Acquired Quantity Unit Cod Cost Bads Market Pike Market Value Gnu/Loss Annual Incase Yield
EQUITIES
Common Stocks
ADVANCED M ICRO DEVICES INC COM Searcy Identifier AM 0
Dividend Oplion: Cash CUSP. 00790327
50,000.00 of these shares are in your margin account
09115117 20.000.000 12.2810 245.612.36 10.0500 201.000 00 -44.612.36
12/15/17 30,000.000 12.2300 366.912.57 10.0500 301 500 00 -65,412 57
Total Covered 50.000 000 612.524 93 502.500 00 -110..024.93
Total 50,000.000 5612,524.93 $502,500.00 -5110.024.93 $0 00
ALI8A8A GROUP HLOG LTD SPONSORED ADR Secutity Identifier. MA
ISNt USO 209W/327 CUSP:050MM
Dividend Oplion: Cash
06110/15 5.000.000 889500 444,749.00 183 5400 917.700.00 472.951 00
APOLLO GLOBAL AI GM T LLCCL A SHS Security Wenl ifier: APO
Dividend Oplion: Cash CUSH? 03762306
03129111 t° 263,157.000 19.0000 4.999.983.00 29.6200 7.704.710.34 2.794.727.34 542.103 42 695%
APPLE INC 002 Secerily Identifier: AAPL
Dividend Oplion: Cash CUSIP: 03783320
1210711? 214,000.000 169.8140 36,340,223.40 161.1800 35,904,920.00 -435.303.40 539,280.00 1.50%
Page 7 of 3'
Accountialli=
Rats Caotlient Clewing laser Pesti% LLC. *Say asted
L (very Year Since 2007 sabsidlary a The MA attar Yeek Melee
CONFIDOs DALBAR RATIO COMMUNICATIONS Catiostfon (SHY Mellon)
()tallMCC Pert!m g Ilk...nests Fitalla.614VELGM- 00046672
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-0009496
EFTA_00157281
EFTA01289644

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Eillmaled
Dale Acquired Quantity Unit Conn Cost Baas Meant Rice Market Value °elution* Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
BASF SE SPONSADR Securily Identifier: BASFY
1°11100552625057 CUSIP. 055262505
Dividend Oplion. Cash
04/13/15 20.000.000 25.4030 508.056.00 25.3900 507,800.00 -256.00 12.092.12 2.38%
BERKSHIRE HATHAWAY INC DEL CL A Snowily Identifier. BRK A
Dividend Oplion: Cash CUSP: 084670138
02/05/18 3.000 310.425.3330 931.276.00 299.100.0000 891,300.00 33,976.00
02/16/18 3.000 307,028.6670 921.086.00 299,100.0000 897,300.00 -23,786 00
03119/18 3.000 305.135.3330 915.406.00 299.100.0000 897.300.00 -18.106.00
03/23/18 3.000 296.035.3330 888.106.00 299.100.0000 897.300.00 9.194 00
03/27/18 3.000 301.775.3330 905.326.00 299.100.0000 897.300.00 -8.026 00
Total Covered 15 000 4,561,200.00 4,486,500.00 -74,700.00
Total 15.000 $4,561,200.00 $4,486,500.00 474,700.00 10.00
BIDDEN IDEC INC COM Stagily Identifier. BUB
Dividend Oplion: Cash CUSP 09062X133
02/14/12 t3 2.095.000 110.2720 231.019.65 273.8200 573.652.90 342.633 25
CENTENE CORP Da COM Security Identifier. CNC
Dividend Oplion: Cash CUSIR. 1613581)1
09/08/14 15.550.000 63.6450 989.619.75 106.8700 1.661.828.50 672.148 75
FACEBOOK INC CL A Security Identifier: FB
Dividend Oplion: Cash CUSP 3030302
05/11/12 ".an 6.500.000 38.0000 247.000.00 159.7900 1,038,635.00 791,635.00
GENERAL ELECTRIC CO COM Security Identifier. GE
Dividend Oplion: Cash CUSP 3696041)3
25.00000 of these shales are le your margin account
02/23/18 2.500.000 16.2210 40.551.71 13.4800 33,700.00 -6.851.71 1,200.00 3.56%
02/26/18 2,500.000 16.2210 40,551.71 13.4800 33.700.00 b,851.71 1,200.00 3.56%
03/05/18 800.000 16.2260 12.980.63 13.4800 10.784.00 -2.196 63 384.00 3.56%
03/07/18 5,000.000 16.2190 81.097.41 13.4800 67.400.00 -13,697.41 2,400.00 3.56%
03/12/18 2,500.000 16.2210 40.551.71 13.4800 33.700 00 -6,851 71 1,200.00 3.56%
03/16/18 11.700.000 16.2190 189.759.90 13.4800 157,716.00 -32.043.90 5,616.00 3.56%
Total Covered 25,000.000 405,493.07 337,000.00 -68,493.07 12,000.00
Total 25,000.000 $405,493.07 $337,000.00 468,493 07 $12,000.00
Page 8 of 3'
ACCOUIII NUITW Wad Gana, Orin %Sour Terna LLC, • ~wend
SM. trey Yew Since 2007 subsidiary of The Beak a New %lc Mellon
CONFID DAtiARIAITDCOMMUNICATIONS Corporation (Ely Mellon)
UMW.« Pesitirat U.C. ~now FihstA.Rigg,¥a.w,"—Ouv4" 73
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009497
EFTA 00157282
EFTA01289645

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
M arch 1,2018 - M arch 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Untested Estimated Estimated
Cite Acquit(' Quantity Unit Col Col Bads Market Rix Market Value Gilwistre Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
GILEAD SCIENCESINC Secarity Identifier GILD
Dividend Option: Cash CUSP:375558M
02105114 5,000.000 79.2810 396,407.00 75.3900 376,950.00 -19,457.00 11,400.00 3.02%
03/07/14 3,100.000 79.6120 246,797.00 75.3900 233,709.00 43,088.00 7,068.00 3.02%
10/24/17 4,400.000 80.0900 352,395.71 75.3900 331,716.00 -20,679.71 10,032.00 3.02%
Total Covered 12,500 000 995.599.71 942,375 00 -53,224.71 28,500 00
Total 12.500 000 3995.599 71 3942.375 00 453.224 71 528.500 00
NINTENDO LTD ADR Security Identdiet MIDDY
Dividend Option: Cash CUSP:654445303
02/05/18 10,000.000 51.7910 517,906.00 55.5100 555,100.00 37,194.00 4,689.56 0.84%
Total Common Stocks 250,853,434.51 $55,222,721.74 $4,369,287.23 51,138,665.10
Preferred Stocks (Listed by expiration date)
GMAC CAP TR I GED TR PR) SECS SER 2 CPN• Smarity Identifier: ALLY PRA
8.25% FREIDRILY ATY42/1512040 CALL CUSIP: 36160208
ANYTIIIE.25Y4130 DAYS BEGINS02/6/13
Dividend Option: Cash
02/22/12'•A 80.000.000 23.5350 1,882,773.60 25.9750 2.078.000.00 195,226.40 146,396.48 704%
Total Preferred Stocks $1,882,773.60 $2,078,000.00 $195,226.40 8146,396.48
Options
PUT IN DUALCOMM INC DtPO4-20-134)60 000 Option Identifier 990A1P8D5
OPTION ROOT: 00011 Underlying Security Identifier MOM
-130.00 of these oanbacts ate a shod position Underlying Security NCO: 555.41
03107118' .100.000 1.8690 -18.693.56 5.2000 42.000.00 43,306.44
PUT '00 SPDR SS P 500 ETF TR TR UNIT Option Identifier 99DAII DCA%
BP 04-2040255.000 OPTION ROOT: SPY Underlying Security Identifier: WY
-20000 of these cord lads area shod position Under lying Security Pike:3213.5
03119118' -200.000 1 3800 -27,593.34 2.1000 -42.000 00 -14,406 66
Page 9 of 3'
Account Number Rated Excellent Clain through Pealing LLC a .easy evanad
trey Year Since 2007 sobildlary a Tat Mak a Neva Vat Mello,
CONFID DAtIAR MITO COMMUNICATIONS Carponaten (SHY Mellon)
uaLLoicr Per Ihru U.C.ntenter FINRAVVVOM-00046674
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009408
EFTA_00157283
EFTA01289646

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
unrealized Estimated Bleasted
Date Acquired Quantity Unit BP Cost Basis Market Nice Market Value Guinfloss Annual income Yield
EQUITIES (continued)
Options (continued)
CALL 130 GILEAD SCIENCES INC Option Identifier 990AM L2D5
EXP 04-2043082500 OPTION ROOT: GILD Underlying Bandy Identifier. GILD
-2500 of theseontracts area short position Underlying Security Price $75.39
03116/18' .125.000 0.9990 .12.493.70 0.2500 3.12400 9,368.70
PUT AO GILEAD SCIENCESINC Option Identifier fie0A111.2FE
EXP 04.20.3017.500 OPTION ROOT: GILD Underlying Secaiity Identifier. GILD
.12510 of these contracts area short position Underlying Security Price:675.39
03/16/18' -125.000 1.0290 -12,868.69 3.0000 37.500.00 -24,631.31
CALL DO SPQR S&P 500 ETF TR TR UNIT Option Identifier. 990AMMOM
EXP 04-20-130277.500 OPTION ROOT: SPY Underlying Security Identifier. SPY
Underlying Security Price: $263.E
03/19/18 200.000 1.5400 30.806.00 0.3900 7.800.00 -23.006.00
CALL DO 'SHARES TR M SCIEMERGINGMKTS Option Identifier: 900ALA RM
INDEX ED !AP 06.6.130$5.000 Underlying Security Identifier: EBI
OPTION ROOT: ED/ Underlying Security Plitt $4828
01/17/18 2,400.000 0.4100 105,606.00 0.1100 26,400.00 -79,206 00
Total Opt ions $64,762.71 4100,425.00 4165,187.71 $0.00
TOTAL EQUITIES $52,800,970.82 $57,200,296.74 54,399,325.92 $1,285,061.58
Unrealized Estimated Estimated
Date Acquired Quantity Unit Col Cost Bares Market Price Market Value G3in r toss Annual Income Yield
M UT UAL FUNDS
PM ORGAN FLOATING RATE INCOME FUND Security Went Wier: PISX
CLASS! CUSIP 482459
Open End Fund
Dividend Opl ion: Reinvest: Capital Gains Option: Reinvest
09/28/17 318.809.777 9.4100 3.000.000.00 9.4000 2.996.811.90 3.188.10 117.503.72 392%
Reinvestments to Date 6.659.963 9.4050 62.635.61 9.4000 62,603.66 31.95 2.454.66 392%
Total Covered 325,469 740 3.062.635.61 3.059.415 56 -3.220.05 119,958 38
Total 325.469.740 $3.062.635.61 $3.059,415.56 43,220.05 $119.958.38
TOTAL MUTUAL FUNDS $3,062,635.61 $3.059,415.56 43220.05 $119.958.38
Page • of 3'
Account Number
Rated btallent ClewngtIvoualt Rename% tLC. a .*pry owned
9C0/12CSM C 25 Even Year Sint 2007 subudiara of The lank a New York Mellon
CONFIDO' AL DALBAR RATED COMMUNICATIONS CorporationMy Mellon)
IXMLINCI P.tv.P.n.: tic. rnntnt ,INIZAA4n1LEPA_00046675
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009499
EFTA_00 157284
EFTA01289647

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
March 1, 2018 - M arch 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
unrealized Estimated Estimated
Date Acquired Downie UnR Cote Cod Bass Market Rice Market Value Cerium Annual Income Yield
EXCHANGE-TRADED PRODUCTS
ISHARESINCLISQ SOUTH KOREA ETF Scarily Identifier. EWY
Dividend Option: Cash; Capital Galas Option: Cash WSW 464288772
11103117 13,000.000 75.8460 985,996.98 75.4500 980,850.00 4,146.98 28,291.14 288%
TOTALEXCHANG-ETRADED PRODUCTS $985,996.98 $980,850.00 45,146.98 $28,291.14
Unrealized Accrued Slanted
Cod Buis Market Value Colallow lateral Mosel loom
TOTAL U.S DOLLARS $86,083,334.37 $92,629,987.70 $4,484,277.08 8447,267.99 $3,12203.88
CHINA RENM IN BI
Wised
Oeseription One Markel RH* Market Value Currency Meld
EQUITIES
Common Stocks
CHINA COY M UNICATIONS CONSTRUCTION COMPANY 224,000.000 6.4595 1,446,937.18 CNY
LTD *IS H INNS CHE1)00002F5 230,047.33 USD
Security Id Wilier: 100 MK
CUSP Y12363128
Total Common Stocks 1,446,937.18 CNY
230,047.33 USD
TOTAL EQUITIES 1,446,937.18 CNY
230,047.33 USD
Accrued
Market VYw Cuttellty lensed
TOTALCHINA RENMINBI 1,446,937.18 CNY 0.00
230,047.33 USD 0.00
Page 11 of 3'
Account Nornbe
Rated Excellent Clemag *rough Pate II( wady evened
brew Year Since 2007 tataldtary a Tot Melt a New Yen Melee
DALIAR RATIO COMMUNICATIONS Cerporatton at« Melon)
LaCtltINC Perthnell.C. meet« iimsofflIVießkA_00046676
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009500
EFTA_00157255
EFTA01289648

Portfolio Holdings (continued)
EURO
Estimated
Description °tatty Market Paco Market value Currency view
EQUITIES
Common Stocks
UBI SOFT ENTERTAINMENT 11,200.000 68.5200 767,424.00 EUR
ISMS FR00000 54470 SA IA ONTREUIL ACT 943,701.29 USO
Security Id ettifier. UBI:FR
WSIP F9396N136
Total Common Stocks 767,424.00 EUR
943,701.29 UW
TOTAL EQUITIES 767,424.00 EUR
943,701.29 UW
Accrued
Market Value Currency Interest
TOTAL EURO 767.424.00 EUR o 00
913,701.29 UW 0 00
BRITISH POUND
Estimated Estimated
Description CeranIlly Market Price Market Value Currency Annual Income Yield
EQUITIES
Common Stocks
NSW HOLDINGS PLC ORD SUS 24,800.000 6.7225 166,718.74 GBP 9,017.53 5.40%
Ian980005405286 233,839.35 USO 12,648.00
Security Id estilier. H93ADB
CUSP. 64634U139
Total Common Stocks 166,718.74 GOP 9,017.53
233,839.35 UW 12,648.00
TOTAL EQUITIES 166,718.74 CIBP 9,017.53
233,839.35 UW 12,648.00
Accrued Stated
Market Value Curing Interest Maui Income
TOTAL BRITISH POUND 166,718.74 GBP 0.00 9,017.53
233,839.35 UW 0.00 12,648.00
Page 12 of 3'
Account Number
Rated Excellent Clewing through Perth% LC. a~ I owned
L- bere Yee. Since 2007 subsidiary of TM Bank NN ee Yak Mellen
CONFIDg DAtIAR RATED COMMUNICATORS Ceepteataare My ~Roo)
tRULLUKE earthne LIC. remit« otvRA~ELGM_00046677
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009501
EFTA_00157286
EFTA01289649

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21233
M arch 1,2018 - M arch 31, 20 SS
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
HONG KONG DOLLAR
Opening Oosing Accrued 30 'Day
Descoption Queerly Balance Una Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 42.782.40 42,782.40 MO
5.451.29 USD
TOTAL CASH, M ON EY FUNDS. AND BANK DEPOSITS 42,782 40 42.782 40 HKD 0.00
5,451.29 USD 0.00
Estimated Estimated
Desorption Domeity Market Price Market Value Currency Annual Income Yield
EQUITIES
Common Stocks
LONKING HOLDINGS LTD SHS 710,000.000 3.3400 2.371.400.00 HKD 113 599 60 4.79%
1911* KYG5636C1378 302.161 09 USD 14,474 79
Security Id eel diet 3339:11K
CUSS>. G5636O7
NINE DRAGONS PAPER HOLDINGS LTD SKS 144,000 000 11.7400 1,690,560.00 1110
(SINS BM G653131305 215.409.46 USD
Security Mollifier 2689:HK
G55313t0
ZTE CORP SHSH 19W01H00004Y2 70,600.000 25.5500 1,803,830.00 HKD
Security Ideal6er: 763.11K 229.842.18 USD
CUSIR Y0004 P05
ANHUI CONCH C8I ENT CO LTD SHSH 52,500.000 42.7500 2,244,375.00 HKD
ISINICNE130000182 285,976.01 USD
Security Id eel Wier: 914:1K
DM Y01373132
BANK OF CHINA LTD BEUNG 91S H 512,000.000 4.2200 2,160,640.00 HKD
ISINICNE130000125 275.306.50 USD
Security Ideal 3988:HK
CUSIP. Y0698A137
CONGFANG ELECTRIC CORPORATION LTO 150.200.000 6.1100 917.722.00 HKD
SHSH ISMS CNEti0000304 116,935.21 USD
Security Idenlitier:1372,11K
CUSH+. Y2095897
Page '3 of 3'
Account NUnibet Rued ticellent Clewing through Palen LC. • vAtay owned
9t0112COMS L- trey Year Since 2007 stiff's." of The Bank a Mew York Mellon
CONFIDO. OMAR MITO COMMUNICATIONS OnotatIon (MY Mao)
EXCULINCI Perchnx 11.C.mer-bn MOM PL,.11hiefIA_00046678
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009502
EFTA_OO 157287
EFTA01289650

Portfolio Holdings (continued)
HONG KONG DOLLAR (continued)
Estimated Eshealed
Ownslion Otani Mane Price Market Value Currency Annual Inome Yield
EQUITIES (continued)
Common Stocks (continued)
WBCHAI POWERCO LTD SHSH 228.000.000 81000 2,006,400.00 HKD
'SRI CRE1300004L9 255,653.44 USD
Security Identifier. 2338:HK
CUSIP. Y95314119
ZHUZHOU CRRC TIM ES ELECTRICCO LTD 6145 43400.000 38.0000 1,649,200.00 HKD
-H. ISMS 010)00004X! 210,139.41 USD
Security Identifier:389811K
CUSP: Y9892ND4
Total Common Stocks 14,644,127.00 HKD 113,599.60
1,691,423.30 USD 14,474.79
TOTAL EQUITIES 14,644,127.00 HIM 113,599.60
1,891,423.30 USD 14,474.79
Acaued allmale4
Motet Value Currency lateral Maudlame
TOTAL HONG KONG DOLLAR 14,886,909.40 HKD 0.00 113,599.60
1,896,874.59 USD 0.00 14,474.79
JA PA N ESE Y EN
Opening bolos Acaued 30-Day
Oeicriplion Quantity Bain Bain Curling Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance -267.00 202,469.00 JPY
1,904.02 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS "261.00 202,469.00 JPY 0.00
1,904.02 USD 0.00
Edlatee4 Shied
Dinablbe ovraNy Metal Prke Bakal Value Currency Paul lactate Yield
EQUITIES
Common Stocks
NMITEECO CORP TOKYO SHS LTD 6,300.000 4,075.0000 25,672,500.00 JPY 453,566.56 1.76%
ISINI.P3651211001 241,424.19 USD 4265.65
Security Identifier. 6268:Y
CUM> )17070110
Total Common Stocks 25,672,500.00 JPY 453,566.56
241,424.19 USD 4,265.65
Page 14 of 31
Account Numbs Rated [stollen% Clewing Omagh PaganI IC eulogy owned
2:c:tc bey Year Since 2007 subsidiary a The kek a New Vat Mellon
CONFIDOP DALIAR RATED COMMUNICATCNS Coaccitlan Mae)
EXCIELLU4Ct renhnxil.C.nwrion FINRAARKELGM_00046619
CONFIDENTIAL — PURSUANT TO FED. R CRIN1. P. 6(e) DI3-SDNY-0009503
EFTA_00157288
EFTA01289651

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
M arch 1 2018 - M arch 31, 2018
SOUTHERN FINA N CIA L LLO
Portfolio Holdings (continued)
JAPANESE YEN (continued)
Estimated Estimated
DescryRan Clesolly Market Prase Market Value Currency Maul income Yield
EQUITIES(corth/tired)
TOTAL EQUITIES 25,672,500.00 JPY 453,666.56
241,424.19 USD 4,265.65
Amami Entimaled
Market Value Currency altered AnnualIncome
TOTALJAPANESEYEN 25174,96910 JPY 0.00 453,566.56
243,328.21 USD 0.00 4,265.65
POLISH ZLOTY
Estimated Blimaied
Descdpelon °talky Mickel Price Market Value Currency Annual Income 'NM
EQUITIES
Common Stocks
CD PR0STSA56S 10,000.000 109.4000 1,094,000.00 PIN 10,499.96 0.95%
PL0PTTC00011 319,462.22 USD 3,066.13
Sandy Identifier 0TGU
CUSP:80957896
Total Common Stocks 1,094,000.00 RN 10,49916
319,462.22 USD 3,066.13
TOTAL EQUITIES 1,094,000.00 PtN 10,499.96
319,462.22 USD 3,066.13
Accrued Edinteled
Market Value Currency adored Annul Income
TOTAL POLISH ZLOTY 1,094,000.00 PLN 0.00 10,499.96
319,462.22 USD 0.00 3,066.13
Page 15 of 3'
Account Hornbe
Rated Excellent Clearing through peoltly I1C • slay monad
L Every Year Since 2007 sobtlailary a me Beak a New Volt Mellon
CONFIDO. MAAR UM) COMMUNICATIONS CanceatIon (My Man)
EXallitiCE Per Thee RC. ninnte. FtleReARKEPSI—°°°4 6680
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) OS-SDNY-0009SO4
EFTA_00 157289
EFTA01289652

Portfolio Holdings (continued)
RAND
Estimated Estimated
Descuption 0tantlly U.S Pik* Market Value OfilenCy Annual Income Yield
EQUITIES
Common Stocks
SAWNLIMITED LTD 2.000 000 2.891.8400 5,783,680 00 ZAR 11,599.89 0.20%
ISINt ZAB000S889 488269 83 USD 979.29
Security Identifier. NAPRF
CLISIP S53415103
Total Common Stocks 5,783,680.00 ZAR 11,599.89
488,269.83 USD 979.29
TOTAL EQUITIES 5,783,680.00 ZAR 11,599.89
488,269.83 USD 979.29
Accrued Eallmaled
Mickel Value Currency Interest Amami Income
TOTAL RAND 5,783,680.00 ZAR 0.00 11599 89
488,289.83 USD 0.00 979 29
Unrested Accrued Estimated
Cost Beek Market Value Walton 'Maul Annual Income
TOTAL PORTFOLIO HOLDINGS - U.S. $86,083,334.37 $96,985,510.52 64,484,277.08 $447,267.99 $3,158,097.74
DOLLARS
' Noncovered under the cost basis rules as defined below.
Generally. securities acquired before 2011. in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as 'noncovered". Securities marked as 'covered', were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998. the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided to us by you or your introducing firm and Penhing makes no representation as fo the accuracy of this information.
5 Unrealized gains and losses are not reported for securities for which cost basis or market value isnot available.
e The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face
amount of the security. Factors may chenge over time end are obtained from sources we believe to be reliable.
r2 Pershing has received updated cost basisinformalion, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
0 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Page 16 of 31
Account Number
:02 Rated Eacenent Clewing lamer PaflS IIC eulogy evened
Event Year Since 2007 setalMory of The Rank anew Yoh Mellon
CONFIDOP u DA C L u IA R IN R C A I T ED COMMUNICATIONS C P e e r r p ih o n en x t 1 la 1 n .C S . ,n ly e r M d e . l lroiNn)a A.SRVIELGM_000466lal
CONFIDENTIAL — PURSUANT TO FED. R CRITA. P. 6(e) DS-SDNY-0009505
EFTA_00157290
EFTA01289653

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
M arch 12018 - M arch 31,2018
SOUTHERN ANA NCIAL LLC
Holdings Summary by Currency
Bobismateded
Quincy Cat Mind Income Equities Mutual Funds Funds Total by Currency
U.S. DOLLARS 6,989,610 24,399,755 57,200,296 3,059,415 980,850 92,629,987 USD
CHINA RENMIN8I 0 0 1.446,937 0 0 1,446,937 CNY
EURO 0 0 767.424 0 0 767.424 EUR
BRITISH POUND 0 0 166,718 0 0 166,718 GBP
HONG KONG DOLLAR 42.782 0 14,844.127 0 0 14.886.909 HKO
.APANESE YEN 202,469 0 25.672.500 0 0 25,874.969 JPY
POLISH ZLOTY 0 0 1.094.000 0 0 1.094.000 PLN
RAND 0 0 5.783.680 0 0 5,783,680 LIR
Total USD Equivalent 6,997,025 24.399,755 61.548,464 3.059.415 980.850 96.985.510 USD
% of Allocation 7% 25% 64% 3% 1% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ
from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total.
THEASOF PF3CEDATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATES, ENT DATE
Estimated Annual Figures
The estimated annual income (EAI) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities. interest and dividend rates. and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities. thereby overstating them. Refer to www pershing.com/ disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
Page '7 of 3'
Account Nimbi_____________
Rated banal Oaring through Pinkly LC. • ittlay owned
SCIII. L-- bay Yea Since 2007 setaldlary of Ile Mak el Mew Y.:4 Mellon
CONFIDO L DA IC LI a M l P lt A h T a E DCOMMUNICATIONS P Co r r O po ir r a at M ion . . ( . II . N e Y n t M e e r l F b i a h ) R A. e. t t io .a l . 0 . fuet ,...s. 000 4 6682
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009506
EFTA_00 157291
EFTA01289654

Portfolio Holdings Disclosures (continued)
Option Disclosure (continued)
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day. increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Schedule of Realized Gains and Losses Current Period
Date Dale Realized
Otscription 040Sed Acquired Designation Disposition MethOdr TIMUC1100 Ostia Preowls Cogan. Wagon
Short Term
BROADCOM LTD SHS 151 03116118 09129117 Covered first In First Out! SELL 2,000.000 503,642.36 485,814.78 17,827.58
4823 03116118 10113117 Covered first In First Out! Sal 2,000.000 503,642.36 499.976.68 3.665.68
Security Identifier: Y09827139
Total 1,000.000 1,007,284.72 985,791.16 21,193.26
BRIGHT SCHOLAR ED HI 03/01/18 02128118 Covered first In First Out / sat. 1,500.000 27,035.00 28.500.00 -1,465.00
ONSADR (SINS US9999991
Security Identifier. 1391919
DROPBOX INC CL A 0311 03/23/18 03123/18 Covered first In First Out! SELL 1,300.000 38,113.79 27,300.00 10.813.79
Security Identifier. 26213C94
'SHARES TR CHINA LAR 03/12/18 11103/17 Covered first In First Out! SELL 21,000.000 1,029,915.18 973,747.44 56.167.71
Security Identifier. 16428714
Page 18 of 3'
Account Nornbe Rated Eacelient Clearing through PaflS IIC newly evened
L Every Year Since 20O7 sobtidiary a The Beek a New Yoe Mete
CO DO. DALBAR RATED COMMUNICATIONS Cerporatton (MY Man)
EX a LII NCI Perihnx 11.C.mtetan FINRAVVVELGOL00046683
CONFIDENTIAL - PURSUANT TO FED. R CRINI. P. 6(e) DB-SDNY-0009507
EFTA_00157292
EFTA01289655

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
M arch 1,2018 - M arch 31,2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Current Period (continued)
Date Dale Realized
Description Cispotad Acquked Designation Disposition Method) Transaction Ovally Ptoceede Cott 8aMe Gaimaoss
Short Term (continued)
ISHARES INC M SCI TM 03122/18 11103117 Covered First In First Out / SELL 26,000.000 987,978.95 987,205.46 773.49
Security Identifier. 464340772
SERVICEMASTER CO NT 03/20/16 10/0/17 Covered first In First Out! SELL 500.000.000 502.369.00 519109.89 -17,440.89
/0138 EVE OTD 03/02/98 Original Cost Basis: 520,003.00
Security Identifier. 81760NAB5
VOLKSWAGEN A GADR 03/23/18 09121/17 Covered first In First Out! sat. 16.000.000 608.44418 547.002.00 61.442.88
Security Id entifier. 928662303 03/26/18 09/21/17 Covered First In First Out! SELL 8.000.000 311.467.79 273.501.00 37.966.79
Total 24.000 000 919,912.67 820.50310 99.409.67
PUT BROADOOM LTD SH 03119118 02113118 Covered first In First Out! EXPIRE OPT SHT 40.000 20.838.51 0.00 20.838.51
230.00
Security Identifier 990810004
CALL GILEAD SCIENCES 03/19/18 02116118 Covered first In First Out I EXPIRE OPT SHT -125.000 16,634.60 0.00 16,634.60
82.50
Security Identifier 990ALOOF6
PUT GLEAD SCIENCES 03/19/18 02116118 Covered first In First Out! EXPIRE OPT SHT -125.000 11,736.72 0.00 11,736.72
7150
Security Identifier. 990ALO OGIN
Total Short Term 4,561119.14 4.342.857.25 218,961.89
Long Term
FACEBOOK INC CL A 03/26/18 05/17112 Noncoverern first In First Out / SELL 11100.000 1179.38916 118.000.00 1.261.389.76
Security Identifier. 303039 192
VOLKSWAGEN A GADR ( 03/23/18 01/13115 Covered first In First Out/SELL 5.000.000 190.13912 254.30610 -61.166.98
Security Identifier 928662303
WASHINGTON MUT MTGS 03/23/18 12113113 Noncoveree ' REPYMT OF RN 1,290100.000 2,013.68 1,540.84 472.84
001-RA2 MTG PASSTHRU CIF CL C- Original Cost Basis: 1510.84
B-150AR RATE 6.997%07/25/33
Security Identifier 939336520
Total Long Term 1,871,542.46 673,846.84 1,197,695.62
Total Short and Long Term 6,433,361 60 5.016.704 09 1,416157 51
Page 19 of 3'
Account Num..
Rated EnWiem Clown& drone. Penhing tIC. a Await owned
It 02 L hely Year Since 2007 sabudiara of The Beak or New York Mellon
CONFIDO DAtIAR WU COMMUNICATIONS Ceeporatlan (MY Mace)
LXCILLUICI Pennine man. PL,.IKE:t.GM_00346684
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009508
EFTA_00157 293
EFTA01289656

Schedule of Realized Gains and Losses Current Period (continued)
Date Date Realized
Description Disposed Acquired Designation Disposition Method; rtanradion Quanta). Proceeds Cod Brie Ca, loss
As of Trades
BRIGHT SCHOLAR ED HI. 02/28/18 02/28/18 Covers First In First Out! Sal 3.900 000 71.198 55 71.100 00 -2.90145
ONSADR ISINt LIS1)9/91)91 02128118 02128118 Covered Ant In First Out! SELL 2.500.000 45.097.95 47.500.00 -2.402.05
Scanty Identifier.1391989
SRI
ENDOCYTE INC COM 02/28/18 02128118 Covered First In First Out / 1.400 000 7.410.88 5.880.00 1.530.88
Security Identifier. 29269A92
NMI HLOGSINCCL A 02/20/18 02/28/10 COvered First In First Out 58.1 1.400 000 28817.33 27.650.00 1197.33
Security Identifier. 629209305
Noncovered under the cost basis rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked as 'covered', were identified as securities potentially subject to the
cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may markthe account as noncovered. However, if the account does not receive a 10998, the cost basis
will not be reported to the IRS
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes. especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions. has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments. but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-8 or online displays you may have available to
you
W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security, and certain attributes. obtained from sources believed to be reliable. In the event. one or more of these attributes is changed. there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds. bonds sold short or bonds issued with lessthan one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns
' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information.
The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this inf ormation.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO) Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss. unless another method was selected at the time of the security disposal, and this
may be reported on the IRS Form 1099.8.
Page 20 of 3'
Account Number:
Rated Excellent Clewing through PenhinlIC • Say °mai
=:I (very Year Since 2007 Meld's." of TM Usk el New Yalt Melba
CON FIDO DALBAR MTV) COMMUNICATONT CarpooratIon (OM Wilco)
EXCO.LINCI PerOing !tanninUtak tlei llha9m-00046685
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009509
EFTA_00 157294
EFTA01289657

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
M arch 1,2018 - M arch 31,2018
SOUTHERN FINANCIAL LLC
M essages
Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual
fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidat ed upon request with the proceeds
credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for
additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Activity Summary (All amounts shown are on base currency)
()edits ThisPetiad Debits %NNW Net ThisPedod Cunlits Yet-to-Date DebilsYnt-to-Dets Net Yea-to-Date
Securities
Securities Bought 0.00 5,951,833.81 4,951,833.81 0.00 -9,722,434.45 -9,722A34.45
Securities Sold 6,575,720.97 0.00 6,575,120 97 13,919,215.63 0.00 13,919,215.63
Total Securities $6,575,720.97 45,951,833.81 $623,887.16 $13,919,215.63 49,722,434.45 $4,196,781.18
Dividends and Interest $156,053.65 $0.00 $156,053.65 $649,940.68 $0.00 $649,940.68
Distributions $573.57 $0.00 $573.57 $201,888.04 $0.00 $201,888.04
Fees $0.00 424.00 424.00 $0.00 472.00 472.00
Taxes Withheld $0.00 4346.70 4346.70 $0.00 4346.70 4346.70
Cash
Withdrawals 0.00 -6,264.46 6,264.48 0.00 408,757.18 ♦08,757.18
Deposits 9.00 0.00 0.00 228,000.00 0.00 228,000.00
Total Cash $0.00 46,264.48 46,26448 $228,000.00 4408,757.18 4180,757.18
Totals 86,732,348.19 45,958,468.99 $773,879.20 $14,999,044.35 410,131,610.33 $4,867,434.02
Page 21 of 3'
Account Humber Rated [stollen% Chin{ through PenbinglIC. *lay owned
Nary Year Since 2007 stidiary of The Wok el New Yak Mellon
CONFIDO. DALUR LATW COMMUNICATIONS Carpotaban (MY Melba)
EXCULUKt Perih ng meet./ iiNRAAPtIVELGm_00046686
CONFIDENTIAL - PURSUANT TO FED. R CRIK P. 6(e) DB-SDNY-0009510
EFTA_00157295
EFTA01289658

Transactions by Typeof Activity
Process' Trade
Sett lemenl Transaction
Date Date AcHeily Type Dena Olio Ouentily Price Acaued Interest Amount Currency
Securities Bought and Sold
03/02118 02128/18 PURCHASED BRIGHT SCHOLAR ED HLOGS LTD SPONSADR ISINS 7.900 000 19.0000 -150.100.00 USD
BEDU UST9M91091PROSPECTUS UN DER SEPARATE COVER
03102/18 02128/18 SOLD BRIGHT SCHOLAR ED HLOGS LTC SPONSADR BINS 3.900.000 18.2980 71,198.55 USD
BEDU U8139139139181(CM A PERSHING AFFILIATE M AKES A M KT IN
THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER
AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
03/02118 02/28/18 SOLD BRIGHT SCHOLAR ED HLOGS LTD SPONSADR ISIN1 -2,500.000 18.0820 45.097 95 USD
BEDU USS9M9991UNSOL AVERAGE UNIT PRICE TRANSACTION
YOUR BROKER ACTED AS AGENT
03102/18 02128/18 CORRECTED SELL DIDOCYTE INC COM BKCM A PERSHING AFFILIATE M ARES A -1400.000 5.3379 7.410.88 USD
ECYT IA KT IN THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED
ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER
CORRECTED CONFIRM
03102/18 02/28/18 PURCHASED ENDOCYTE INC COM PROSPECTUS UNDER SEPARATE COVER 1,400 000 4.2000 -5.880.00 USD
ECYT
03102/18 02128/18 PURCHASED NMI HLDGS INC CL A PROSPECTUS UNDER SEPARATE COVER 1,400 000 19.7500 -27,650.00 USD
NM IH
03102/18 02/28/18 CORRECTED SELL NMI ROCS INC CA A UNSOLICITED ORDER ALLOCATED ORDER -1.400.000 20.6500 18.847.33 USD
NMIH YOUR BROKER ACTED AS AGENT CORRECTED CONFIRM
03105/18 03101/18 SOLO BRIGHT SCHOLAR ED HLOGS LTD SPONSADR -1.500.000 18.0677 17.035.00 USD
BEDU US1991391391BKCM A PERSHING AFFILIATE BARBA M KT IN
THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED ORDER
AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
03106/18 YOUR OPTION ASSIGNED PUT DO GENERAL ELECTRIC CO COM EXP 03/6-13013000 8.000 0.00 USD
990AK5CSO OPTION ROOT: GE GE-SO CLOSING TRANSACTION
03/07/18 03105/18 PURCHASED GENERAL ELECTRIC CO COM ACCT OPT ASSIGNED 800.000 18.0000 -14,737.20 USD
GE
03/08/18 03105/18 CORRECTED PURCHASE GENERAL ELECTRIC CO COM ACCT OPT ASSIGNED CORRECTED 800.000 18.0000 -14,438.00 USD
GE CONFIRM
03108/18 03105/18 CANCELLED PURCHASE GENERAL ELECTRIC CO COY ACCT OPT ASSIGNED CANCELLED -800.000 18.0000 14,737.20 USD
GE TRADE
03108/18 03107/18 SOLD SHORT PUT AO (MALCOM LI INC EXP 04-20-18060 000 OPTION -100.000 1.9000 18.693.56 USD
990ALPRO5 ROOT: °COM OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
03/08/18 YOUR OPTION ASSIGNED PUT 130 GENERAL ELECTRIC CO COM EXP 03.9. MO II 000 50.000 0.00 USD
990AK5CSO OPTION ROOT: GE GESO CLOSING TRANSACTION
03/09/18 03/07/18 PURCHASED GENERAL ELECTRIC CO COM ACCT OPT ASSIGNED 5,000 000 18.0000 -90,20600 USD
GE
Page 22 of V
Accounl Rated ticellent Clewing through PenhiaglIC • Savoy/nal
9t02 2CM2S fray Year Since 2007 sabsidiary of The Mak ar New Yalc Melba
CONFIDO. OMAR MITO COMMUNICATIONS CarporatIon (MY Melba) na
LXCULINCI Perchnx LICertet-tx. Ithtto..Wilha9,"_Ouv4ou07
CONFIDENTIAL — PURSUANT TO FED. R. CRAM. P. 6(e) DB-SDNY-0009511
EFTA 00157296
EFTA01289659

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
March 1. 2018 - M arch 31,2015
SOUTHERN FINA NCIAL LLC
Transactions by Type of Activity (continued)
ROOS Trade
settiemeni Transaction
Date Dale Activity Type Description ()Imlay Price Acaued Interest Amount Wang
Securities Bought and Sold (continued)
03/13/18 YOUR OPTION ASSIGNED PUT AO GENERAL ELECTRIC CO COY EXP 034401000 25.000 0.00 USD
990AK5CSO OPTION ROOT: GE GE-SO CLOSING TRANSACTION
03114/18 03112/18 PURCHASED GENERAL ELECTRIC CO CAM ACCT OPT ASSIGNED 2500 000 18.0000 .45,106.00 USD
GE
03114/18 03/12/18 SOLO ISHARES TR CHINA LARGE-CAP ETF UNSOLICITED ORDER -21.000.000 49.0850 1,029,915.18 USD
FXI AVERAGE UNIT PRICE TRANSACTION YOUR BROKER ACTED AS
AGENT
03119/18 03116/18 SOLD SHORT CALL AO GILEAD SCIENCES INC EXP 04.20-11082.500 OPTION -125.000 1.0300 12.493.70 USD
990AM12D5 ROOT: GILD OPINING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
03119/18 03116/18 SOLD SHORT PUT A0 GILEAD SCIENCES INC EXP 04.204077.500 OPTION -125.000 1.0600 12,868.69 USD
990AM L2FE ROOT: GILD OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
03/19/18 YOUR OPTION ASSIGNED PUT AO GENERAL ELECTRIC CO COY EXP 03-S4113.000 117.000 0.00 USD
990AK5CSO OPTION ROOT: GE GE CLOSING TRANSACTION
03119/18 YOUR OPTION ASSIGNED CALL DO BROADCOM LTD SHS ISMS S69999051823 EXP 40.000 0.00 USD
990ALOOGF 03-141240000 OPTION ROOT: AVG° AVG° CLOSING
TRANSACTION
03119/18 YOUR OPTION EXPIRED PUT 130 BROADCOM LTO SHSISINI S09999014823 EXP 40.000 000 USD
990ALOOG4 03.1.10230 .000 OPTION ROOT: AVG° AVG0 CLOSING
TRANSACTION
03/19/18 YOUR OPTION WIRED CALL AO GILEAD SCIENCES INC EXP 03.1.1082.500 OPTION 125.000 0.00 USD
990ALOOF6 ROOT: GILD GILD CLOSING TRANSACTION
03119/18 YOUR OPTION WIRED PUT DO GILEAD SCIENCES INC EXP 03-1.1077.500 OPTION 125.000 0.00 USD
990ALOOGW ROOT: GILD GILD CLOSING TRANSACTION
03120/18 03116/18 SOLD BROADCOM LTD SHSISINSSG99990$1823ACCT OPT ASSIGNED -4.000.000 240.0000 959,811 82 USD
AVGO OPTCUSIP 990ALOOGF
03/20/18 03116/18 PURCHASED GENERAL ELECTRIC CO COM ACCT OPT ASSIGNED OPTWSIP 11.700 000 18.0000 -211.074.00 USD
GE 990AK5CSO
03/20/18 03119/18 SOLD SHORT PUT 130 VIA SSP 500 ETF TR TR UNIT EXP -200.000 1.4100 27.593 34 USD
990AM DCAX 04-20.10255000 OPTION ROOT: SPY OPENING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
Page 23 of 3'
Account ituinar illM
Rated [smitten Clewing through PenhiaglIC.• Say.c ornal
trey Year Since 2007 sobsidiary of The Bonk ei New Yalc Melba
CONFID DAMIARMITO COMMUNICATIONS CarporatIon (MY Melba) A na cent.
EXCULINCI PerOinglIC.mer-bn Ithttx. tWq2Y,"—Ouv4onao
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009512
EFTA 00157297
EFTA01289660

Transactions by Type of Activity (continued)
Process' Trade;
Settlement Transaction
Date Dale Activity Type Description Quantity Price Aimed Interest Amount Correnq
Securities Bought and Sold (continued)
03/20/18 03119)18 PURCHASED CALL AO SPDR SEP 510 ETF TR TR UNIT DID 200.000 1.5100 -30.806 00 USD
990AM ROM 04.20.86277500 OPTION ROOT: SPY OPENING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
03121/18 03119118 PURCHASED BERKSHIRE HATHAWAY INC DFL CI A UNSOL AVERAGE UNIT 3.000 305.100 0000 915,40600 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
03122/18 03120/18 SOLD SERVICDA ASTER CO NT 7.250% 0310138 BIEDTD 03/02/98 -500,000 000 100 4750 2.114 58 504,483.58 USD
SYNOD YID 7204 TO MAT
03123/18 03121118 PURCHASED EURO 398.769 280 1.2285 -489.90800 USD
03123/18 03121118 PURCHASED UBI SOFT ENTERTAINMENT ISHII FR0000054470 SA 5,600 000 71.1768 498.769 28 EUR
UBI FR MONTREUIL ACT ALLOCATED ORDER XILINSOL YOUR BROKER -489.130.40 USD
ACTED AS AGENT AS0103/212013
03126/18 03722/18 SOLO !SHARES INC MSC' TAIWAN ETF UNSOLICITED ORDER AVERAGE -26,000 000 38.0403 987.978 95 USD
EWT UNIT PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
03127/18 03723/18 PURCHASED BERKSHIRE HATHAWAY INC DEL CL A UNSOL AVERAGE UNIT 3.000 296.000.0000 488.106.00 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
03727/18 03123118 SOLD DROPBOX INC CL A COM UNSOLICITED ORDER •1,300.000 29.3636 38,113.79 USD
DBX
03127/18 03123/18 PURCHASED DROPBOX INC CL A COM PROSPECTUS UND ER SEPARATE 1.300.000 21.0000 -27.300.00 USD
DBX COVER
03/27/18 03123118 SOLD VOLKSWAGEN A G ADR I SPONS) UNSOL AVERAGE UNIT PRICE •21.000.000 38.0889 798.583 90 USD
VLKAY TRANSACTION YOUR BROKER ACTED AS AGENT
03128/18 03126118 SOLO FACEBOOK INC CL A BKCM A PERSHING AFFILIATE M AKES A •11,000.000 152.7158 1,619,389.76 USD
FB M KT IN THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED
ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER
ACTED ASAGENT
03/28/18 03726/18 SOLO VOLKSWAGEN A GADRISPONSI UNSOL AVERAGE UNIT PRICE 43,000.000 38.9751 311167.79 USD
VIKA? TRANSACTION YOUR BROKER ACTED AS AGENT
03128/18 REINVEST CASH INCOME .PM ORGAN FLOATING RATE INCOM E FUND CUSS I 1262.339 4 1,865.99 USD
.PHSX 324207.4013 SHRSSHRS PORCH. AT 59.40000 RD 03/26 PO
03/28/13
03/29/18 03/27/18 PURCHASED EURO 391.373.620 1.2408 -485,616.39 USD
03129/18 03127/18 PURCHASED POLISH ZLOTY 1.126.261.000 3.3872 ,332,505.02 USD
03729/18 03127118 PURCHASED UBI SOFT ENTERTAINMENT 'SINK FR0000054470 SA 5.600.000 69.6492 .391.373.62 EUR
UBI FR MONTREUIL ACT ALLOCATED ORDER YOUR BROKER ACTED AS -485.068.46 USD
AGENT AS OF 03/ 2712013
03129/18 03127/18 PURCHASED CD PRO.EKT SA 915 IS1Nt PLOPTTC00011ALLOCATED ORDER 10.000.000 112.4861 4.126.261.00 PIN
OTGLF YOUR BROKER ACTED AS AGENT AS 01031271208 431,604.35 USD
03/29/18 03127/18 PURCHASED BERKSHIRE HATHAWAY INC DEL CL A UNSOL AVERAGE UNIT 3.000 301.440.0000 -905,326 00 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
Page 24 of 3'
Account Numb lla 4 Rated Galls. Clearing through PealwgL it.* May anal
Every Yea Since 2007 seteldiary of The Bask el New Yore Mellon
CONFIDO. DMIAR WED COMMUNICATIONS Corporation Oltly MAW
EXCIILUNCE w,miettttcrrsrorr FI nge,
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009513
EFTA 00157295
EFTA01289661

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
M arch 1,2018 - M arch 31,2048
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Process. Tra4e;
Seillemen1 Transaction
Clete Dale Activity Type Desuiption :Lantl) Price Accrued Interest Amount Correnq
Total Securities Bought and Sold
EURO 0.00 .790.142.90 EUR
TOTAL USD EQUIVALENT 0.00 -974,198 86 USD
POLISH ZLOTY 0.00 .1,126,261.00 PIN
TOTAL USD EQUIVALENT 0.00 -331,604.35 USD
US. DOLLARS 2,114.58 1.929.690.37 USD
Dividends and Interest
03101/18 BOND INTEREST RECEIVED 1500000 SERVICEil ASTER CO NT 7.250%0370138 WE DID 54,375.00 USD
81760NAB5 0310248 RD 0218 PD 03'0 18
03115/18 BOND INTEREST RECEIVED 1100000 CITIZENSCONN UNICATIONS CO SR NT FULLY 35,625.00 USD
174538AW1 EXCHANGED FROM 174 53BAX9 715% 034$/I 81E DID
03123107 RC 03114 PD 0311518
03/26118 BOND INTEREST RECEIVED 290000 WASHINGTON M UT M TG SECS CORP 200 4.FIA2 M TG 2.818.04 USD
939338820 PASSTHRU CTF CI. C.8.1VAR RATE 6.997% 07125433 EUE DTD
06/0104 RD 02/28 PD 03/25/1
03/27/18 FOREIGN BOND INTEREST 103000 LLOYDS BANKING GROUP PLC RD RATE RESET ADDL 35,681 25 USD
53S439AG4 TIER 1SECS INN, OS5394394642 7.500% 04127/86 BIE DID
04/07/14 CLB RD 03126 PD 03/2703
03/28118 FOREIGN SECURITY DIVIDEND 6300.00 SHARES NABTESCO CORP TOKYO 91S LTD 239.400 00 JPY
RECEIVED 'SINK "36521001FOREIGN SECURITY DIVIDEND RECEIVED RD 2,263.83 USD
6268:34 23117 PD 03281 AS OF 12/3117
03/28/18 CASH DIVIDEND RECEIVED .PM ORGAN FLOATING RATE INCOM E FUND CLASS I 11,865 99 USD
PHSX 324207.4010 SHRS RD 03126 PO03,28113
03/29/18 MONEY MARKET FUND DEUTSCHEGOVT CASH 6,299 54 USD
INCOME RECEIVED
PER232045
03/29/18 CASH DIVIDEND RECEIVED 2500 SHRSGILEAD SCIENCES INC RD 03/1P O 03729113 7.125.00 USD
GILD
Total Dividends and Interest
JVANESE YEN 0.00 239.400.00 JPY
TOTAL USD EQUIVALENT 0.00 226383 USD
US. DOLLARS 0.00 153.789.82 USD
Page 25 of 3'
Account tiunita
Rated Galls. Charing through Pealing11C • Say ogrnai
tt O2 Every Year Since 2007 setaklan of The Mak a New Yon Melba
CONFIDO L DALIARIATEDCOMMUNICATIONS Corpont$o n OM Mellon)
LC:WINCE Peribitte LC. avert. Finits...WKa9m—00046690
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009514
EFTA_00 157299
EFTA01289662

Transactions by Type of Activity (continued)
Proms' Trade
Sett lemenl Trans/Mon
Dote Dote Adivity Type Description Quantity Ma Accrued intend Mount Omen,
Distributions
03126/18 RETURN Of PRINCIPAL 290000 WASHINGTON 14 UT M TG SECS CORP 200 4-RA2 M TG 573.57 USD
RECEIVED PASSTHRU CTF CL C-8-1V AR RATE 6.997% 0 7125/ 33 B1E DTD
939336820 06/0104 RD 02/28 PD 03/2511
Total Distributions - U.S. DOLLARS 0.00 573.57
Fees
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: 64634 U-1-9 -2.00 USD
HBCYF
03/0 1/I 8 FOREIGN CUSTODY FEE Fgn Safekeeping FEB201 CUSP: G5636C-13 -7 -2.00 USD
LONKF
03101/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: G8531.2.0 •2.00 USD
NDGPF
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: )17070. -2.00 USD
NCTKF
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP:853415-9-3 -200 USD
NAPRF
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSIP: Y000 4F-2-5 •2.00 USD
ZTO3F
03101/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: Y01373-2-2 -200 USD
AHCHF
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: YO 698A-13-7 -2.00 USD
BACHF
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: Y R36.t 12-8 -2.00 USD
CCCGF
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: Y209581-7 -2.00 USD
DNGFF
03101/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUSP: Y953:14-13 -9 -2.00 USD
WEIC5
03/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping FEB 201 CUMP:19$92N-11-4 •200 USD
ZHUZF
Total Fees - U.S. DOLLARS 0.00 -24.00
Taxes Withheld
03/28/18 FOREIGN TAX WITHHELD AT 6300.00 SNARES NABTEXO CORP TOKYO SITS LTD -36,664.00 JPY
THE SOURCE ISINt .13661213 00 1FOREIGN TAX WITHHELD AT THE SOURCE -346.70 USD
6268:1 RD 23117 PO 03281 AS OF 413117
Total Taxes Withheld - JAPANESE YEN 0.00 -36164.00
Total USD Equivalent 0.00 44610
Page 26 of 3'
Account Hornbill=
Rated Eseellent Clown& through PeaNng 11C. • Say °mai
trey Year Since 2O07 subudiary of The Bank ol Mew Yalt Melba
CONFIDO AL DALIAR RATED COMMutoCATIONS Corporation18NY Mellon)
EXCELLENCE p.,.p.na: Lit% mn-rx. ,it.RA.%X,YEEPM_00046691
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009515
EFTA_00 157300
EFTA01289663

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
M arch 1,2013 - M arch 31,20 13
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Process Trace
Settlement Transaction
Date Dote Activity Type Description Quantily Price Accrued Meted Amount Cunenq
Other Transactions
03119/18 ACTIVITY WITHIN YOURACCT BROADCON LTD STISIS1N8 $099990N823 TRANSFER TO -4,000.000 0.00 USD
AY/9O MARGIN
03119/18 ACTP/1TY WITHIN YOURACCT BROADCOM LTD SHSISN. S139999014823 TRANSFER FROM 4,000.000 0.00 USD
AYGO CASH
Total Ot her Transactions - U.S. DOLLARS 0.00 0.00
Cash Withdrawals and Deposits
03112/18 FEDERAL RINDS SENT DEUTSCHE BANK TRUST 6,264.48 1120
USD999991
Total Cash Withdrawals and Deposits - U.S. DOLLARS 0.00 -8,2134.48
Total Aosrued Intend Total Amount
Transactions arentary Total Accrued Interest Told Amount Oaring USD Equitalent US0Equiralent
EURO 0.00 -790,142.90 EUR 0.00 474,198.88
&VARESE YB1 0.00 202,138.00 JPY 0.00 1,917.13
POLISH ZLOTY 0.00 -1,128.281.00 PLN 0.00 431,804.35
U.S. DOLLARS 2,111.58 2,077,785.28 USD 2,114.58 2,077,785.28
The price and quantity displayed may have been rounded.
Page 27 of 3'
Account Number NW -- ^ bled Lotlient Cleanng through PenlikvIIC•aapronwil
2:C::: cAs, L_ Even, Year Since 2007 sabsidiary a The Mak a New Vat Mellon
NFIIDgs DALBAR RATIO COMMUNICATIONS CarporatIon (MY Mellon)
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) C 0 N MILLING( Penh nx 11.C. rwr/on FtivR D A I P 3 P - M S V D E N LG Y M - -0 0 0 0 0 0 4 9 6 5 69 1 2 6
EFTA_00157301
EFTA01289664

Fixed IncomeAnalysis
Bond Quality Bond Maturity Schedule
%of Bond
%HENN
Bond Ouahty Markel Valve eked Vain Percent or need income Bead Mahay Market Value Muter Um
A 2,246,790.00 9% 7 to 12 months 998,750 00 4%
BAA 8,213,000.00 34% all to 10 years 4,309,580 00 18%
Over 10 years 19,091,445 03 78%
BM Lower 13,492,216.25 55%
Not Rated 447,748.78 2% Total 24,399,755 03 100%
otal
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Called Bonds
Bigitee Celled a Type Redemption
Cd Date Stoney Desaiption Quantity Chalky Pike ot Proceeds
0411012018 BARCLAYS BK PLC CONTINGENT CAP NT 300.000.000 300,000.000 100.0000 Full 300,000.00
ISINIUSO 6739FHKO 3 7.750% 0 4ftif 23 Fll E
DTD 04/ 13713 CALLABLE() 4/ 10/18
Pershing LLC receives the called bond information from several information sources which Pershing believes are reliable. Pershing does not guarantee the accuracy of the information.
For callable options that are available to you please contact your Investment Specialist.
ades Not Settled
Settlement Trade Adivity Awned Settlement
Ode Clete Type Description Cvandee Pda lidded Amount
04/03/18 03129/18 Buy All AZ0N CON INC KM A PERSHING 500.900 1,423.7496 0.00 ,711,930.80
AFFILIATE MAKESA LW IN THISSECURITY
8 ACTED AS PRINCIPAL UNSOLICITED ORD
04/03/18 03129/18 Bay ASSURANT INC RD TO FLTG SUB NT 2.000.000.. 2,333.33 -2,042,339.33
7.000% 03121148 BIEDTD 03/2718 CL8
VARIABLE RATE
Total Amount of Trades Not Settled 42,754,270.13
Page 28 of 31
Account Number:
MOLD ticellent Clawing through PeakingI 1C näolyetmed
EtC212CPTCLE bey Year Since 2007 subsidiary a Tie Beek a New ran ~on
CONFIDg AL- PALMARATED COMMUNICATIONS Cm•Leatkon My Mellon)
UCELIANCE Rerd..nx LIC. ~Ito FINIKOMYMOM-00046693
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009517
EFTA_00157302
EFTA01289665

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
M arch 1,2018 - M arch 31, 20 $8
SOUTHERN FINANCIAL LLC
Client Service Information
Your layeelment Specialta ENJ Coated Information
JOSHUA SHOSHAN Telephone Number:
280 PARK AVE- 3RD FL
NEW YORK NY 10017
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for M utual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Standing Instructions
We are providing the below information on your behalf to allow you to confirm the Sanding Instructions on this account. Our records indicate that you previously provided these
Sanding Instructions to your Investment Specialist as part of the account opening process or subsequent to opening your account. A standing Instruction is an instruction an account
holder gives to their Investment Specialist to permit the withdrawal or transmittal of funds or other assets from the account holders account at regular intervals, or as needed. The
items included below are both instructions that appear to be third party asset movements, as well as first and third party journal instructions for accounts that are custodied with
Pershing. If a standing instruction was updated from first party to third party it may not be reflected in the list below. Those instructions will be listed in a future statement.
W e may remove any standing instructions that have not been used in the past 38 months (except for Automated Clearing House (ACH) which does not expire). You have the ability to
re-establish those instructions through your Investment Specialist.
Please review all the below Information carefully. If you have any questions or If any information is inaccurate, please contact your Investment Specialist.
Dardadloa Type del:Need Neale Bank Name Receiving Account *rebel gad Date Frequency Amount ammo/
FED FUND WIRES DEUTSCHEBANK AG LONDON DEUTSCHE BANK TRUST CO. OEN -739
Page 29 of 31
Account Hunter •• Rated Catellern Clearing through FenianI IC eulogy evened
2: : brew Year Since 207 sobsidiacy a Me Beek a New Yak Melee
CONFID AL_- DAUIAR RATED COMMUNICATIONS Cerpoestlen My Mellon)
LRCMM a Perow 11.C.mer-bn Fitiejlq4VELGM_00046694
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DE!SDNY-0009518
EFTA_00157303
EFTA01289666

Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and ( ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents: the
acceptance and, in certain instances. execution of securities orders. the assessment of the suitability of those transactions. w here applicable. the rendering of investment advice.
if any. to you and in general, for the ongoing relationship that it has with you
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPC®). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection. Pershing provides coverage in excess of SIPC limits. For more detailed information please visitwww.pershing.com/ about! strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can be found on the first page of this statement. Pershing's contact information is as follows: Pershing LLC. Legal Department:
One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed
• Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents. w itness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason( s) for their award. unless. in an eligible case. a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto. shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative Mass action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until. (I) the class certification is denied: (II) the class is decertified: or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399;
Page 30 of 3'
Account Number
Rated EstWiem Clown& thtough PershinglIC • Sang/nal
(my Year Sint< 2007 subudiarf a me Osaka Mew Yak Melba
CONFID AL DALBAR RATED COMMutoCATIONS Corporation ONY Mellon)
IXCILLINCI P!,PIng ‘INIZA.g4.1UGM- 00346695
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009519
EFTA_00157304
EFTA01289667

TERMS AND CONDITIONS
TRANSACTIONS • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER, SPECIALIST, ODD LOT DEALER.
• ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY
SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS. CUSTOMS. USAGES. RULINGS AND TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH
INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED.
THE TRANSACTIONS ARE EXECUTED ANDIOR SETTLED. OR IF APPLICABLE. OF THE FINANCIAL • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR
INDUSTRY REGULATORY AUTHORITY AND TO ALL APPLICABLE LAWS AND REGULATIONS. FINANCIAL INSTITUTION OR PERSHING MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETALS
• TITLE TO SECURITIES SOLD TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL SHALL REMAIN AVAILABLE UPON REQUEST.
WRH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT • A FINANCIAL STATEMENT OF PERSHING IS AVALABLE FOR YOUR PERSONAL NSPECTION AT
DATE. WHICHEVER IS LATER. PERSHING'S OFFICES. A COPY OF IT WILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN
• YOU MAY HAVE RECEIVED CONFIRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR VIEW IT ONLINE AT WVON.PERSHING.COM.
STATEMENT. IF SO, TIE TRANSACTIONS WILL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVV.PERSHING.COM/DISCLOSURES
TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. • THIS STATEMENT SHOULD BE RETANED FOR YOUR RECORDS.
THIS IS ESPECIALLY TRUE IF YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED.
FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES [REGULATION MIS-
FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S RULE 607(AX1H2))
BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT Of ITS BUSINESS.
PERSHING SENDS CERTAN EQUITY ORDERS TO EXCHANGES, ELECTRONIC COMMUNICATION
DEBIT BALANCES: INTEREST CHARGED ON DEBIT BALANCES PI YOUR ACCOUNT APPEARS ON THE NETWORKS. OR BROKER-DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED
STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHING OR CHARGE
FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST S ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY
COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON
FINANCIAL INSTITUTION F YOU DESIRE ADDITIONAL COPIES. WRITTEN REQUEST. PERSHING RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW
MARGIN INFORMATION: IF YOU MAINTAIN A MARGN ACCOUNT. THIS IS A COMMNED STATEMENT OF TO CERTAIN OPTION EXCHANGES. IN ADDITION. PERSHING ROUTES CERTAIN EQUITY MID OPTION
YOUR GENERAL ACCOUNT AND A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER ORDERS TO ITS AFFILIATE, BNY MELLON CAPITAL MARKETS. LLC, FOR EXECUTION AS PRINCIPAL
REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT COMPENSATION IS GENERALLY IN THE FORM OF A PER OPTION CONTRACT CASH PAYMENT.
RECORD OF THE SEPARATE ACCOUNT AS REQUIRED BY REGULATION T S AVALABLE FOR YOUR BEST EXECURON: NOTWRHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER
NSPECTION UPON REQUEST. FLOW, PERSHING SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE.
TAX INFORMATION COUNTER AND EXCHANGE-LISTED SECURRES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS.
TRANSMITTED ELECTRONICALLY UP TO A SPECIFIED SIZE. AND TO EXECUTE THEM AT OR BETTER THAN
• AFTER YEAR END. PERSHING IS REQUIRED TO PROVIDE TAX INFORMATION TO THE INTERNAL THE NATIONAL BEST BID OR OFFER (NBB0). ON CERTAIN LARGER ORDERS. OR F THE DESIGNATED
REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES. AT THAT TIME PERSHNG WILL MARKET CENTERS DO NOT MAKE A MARKET W THE SUBJECT SECURITY. PERSHING DIRECTLY
PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU; USE THAT CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TO
STATEMENT TO PREPARE YOUR TAX FLINGS. THE TAX STATEMENT ALSO INCLUDES OTHER USEFUL WHICH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH
INFORMATION TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS. QUALITY OF THER EXECUTIONS IN ONE OR MORE MARKET SEGMENTS ANO THEIR ABILITY TO PROVIDE
• DIVIDENDS. INTEREST AND OTHER DISTRIBUTIONS SHOWN ON THIS STATEMENT WERE CLASSIFIED OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPERIOR TO THE N880. PERSH:NG ALSO REGULARLY
AS TAXABLE OR NONTAXABLE BASED ON CERTAIN INFORMATION KNOWN AS OF THE DISTRIBUTION REVIEWS REPORTS FOR OUAUTY OF EXECUTION PURPOSES.
DATE. THIS (-• ASSFICATION IS SUBJECT TO CHANGE AND IS SOLELY INTENDED FOR USE AS
GENERAL INFORMATION.
• PERSHING DOES NOT PROVIDE TAX. INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE
ASSOCIATED WITH PERSHING IS AUTHORIZED TO RENDER SUCH ADVICE. DO NOT RELY UPON ANY
SUCH ADVICE. IF GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEIR TAX ADVISORS TO
DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS.
GENERAL INFORMATION
• WHENEVER YOU ARE NDEBTED TO PERSHING LLC (PERSHING, FOR ANY AMOUNT, ALL SECURRES
HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR
LIABILITIES TO PERSHING. AND PERSHNG MAY IN RS DISCRETION AT ANY TIME. WITHOUT TENDER.
DEMAND OR NOTICE TO YOU, CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR
PRIVATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS:
ANY BALANCE REMAINING DUE PERSHING TO BE PROMPTLY PAID BY YOU.
• WHENEVER YOU ARE NDEBTW TO PERSHING FOR ANY AMOUNT. ALL SECURITIES CARRIED FOR
YOUR ACCOUNT ARE OR MAY BE. WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY
PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WLL PERMIT THE
COMMINGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN. EQUAL TO OR
GREATER THAN YOUR LIABILITIES TO PERSHING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT
PROHIBITED BY LAW.
F ANY OF THE ABOVE TERMS ANO CCNINTRINS ARE UNACCEPTABLE TO YOU. REASE NOTIFYPERS-MVO NINEDULTELY IN WRITING EN CERTFED MAIL TOONE PERSHNG FRAM JERSEY CITY, Ni 07399, ATM: LEGAL DEPT
Page Slot 31
Account Numbel Wed ticellent OewnWeough Penblim nib* emml
aeon:vitt: L bey Year Since 2007 sobOdiary a Me in a New YM Man
CONFID DAME RATED COMMUNICATIONS Oppotatkon (MY Melon)
EXCILUNCt Peellw U.C.imertatt FIARAVVVELGOL00046696
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DI3-SDNY-0009520
EFTA_00157305
EFTA01289668

a
Deutsche Bank DliAtuth• Lint ensile N•Wih ontetmen
Mule, (potent C404:
Devtiche SrAritin
P.O. Box 1776, Baltimore, MD 212O3 POw Ycel C•ke
345 Pert Ate Mtg. MO now
Ne e O
Toll siv
Cern%
February 1, 2018 - Februar 28, 2018
Account Number:
SOUTHERN FINANCIAL LLC
6 10 0 RED HOOK QUARTER B3
ST THOMASVI 00802
Portfolio at a Glance
TelePeriod Yeepto-Date
Your Investment Specialist. BEGINNINGACCOUNTVAWE 3100,113,191.08 397,272,547.37
JOSHUA SHOSHAN No Dash Deposits asid Withdrawah 228,000.00 -174,492.70
Adjusted Previous Account Value 100,341,191.08 97,096,054.67
Dividends. Interest and Other Income 545,662.32 667,570.65
Other Transactions -24.00 48.00
Net Change in Portfolio' -87,893.54 3,033,358.54
END INGACCOUNT VALUE
Accrued Interest 5420,153.80
Estimated Annual Income 53,241179.86
'Net Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Penal Meet Type Prior Year-End Last Period ThisPerlo0
5% Cash, Money Funds, and Bank Deposits 823,820.96 5,052.766 03 4,917,369.88
fL) 25% Fixed Income 26,083,419.22 25235,863.11 24,938,825.22
im 64% Equities 80,899,388.97 63,639,334.70 65,010,259.12
Es 3% M utast Funds 3,020,938.22 3,057,397.24 3,050,791.64
3% Exchange-Traded Products 6,444,920.00 3,127,830.00 2.881.690.00
100% Account Total (Pie Chart) $97,272,541.37 $100,113,191.08 $100,798,935.86
Please review your allocation periodically with your Investment Specialist.
Page'- of 23
Wed [scented CleSIng th•Ough Penh": TLC. a ace/ evened
Rely Year Since 2007 Wbudialy of The Dank 04 New Pak Mellon
CONFID fft irAL4- DALIAR MTV) COMMUNICATIONS Corporation MY Mallon)
uctrutra
P P tux 11.C. ranter Flt.Lt. PkfEli.GM-00046697
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-OOO9521
EFTA_OO 157306
EFTA01289669

Summary of Gains and Losses
ha zed
ThisPeriod Year4o-Dele Wreaked
Short-Term Gain! Loss 67,691.13 1,135,515.40 1,830,682.63
Long-Term Gain/ Loss 456.23 719,357.50 7,761,533.98
Net Gain! Loss 88,147.38 1,854,872.90 9,592,216.61
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the' ECG( ) and other credit institutions introduced • negative interest rates' Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 1399 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Wrung Omits Amount in
Currency USD Equivalent per USO twenty Biwa Base Currency USD
CHINA RENMINBI 0.1579 6.3320 HONG KONG DOLLAR 42,782.40 5,467.29
BRITISH POUND 1.3776 0.7259 JAPANESE YEN .267.00 -2.50
HONG KONG DOLLAR 0.1277 7 8251 Total Global Cash Balance $5,464.79
APANESE YEN 0.0093 106.6900
RAND 0.0847 11.8002
Exchange rates are based on interbank exchange rates as of 02/282018 Exchange
rates can vary.
Money Market Fund Detail
Date Activity Type Dem:thorn Amount Salem
Sweep Money Market Fund
DEUTSCHEGOVT CASH INSTL
Current Yield: 1.31% Activity Ending:02/ 28/18
02101/18 Opening Balance 4,930,679.70 4,930,679.70
02101/18 Deposit MONEY FUND PURCHASE 1,367,401.33 6,298,081.03
02/02/18 Deposit MONEY FUND PURCHASE 51,556.27 6,349,637.30
02/05118 Deposit MONEY FUND PURCHASE 135,630.39 6,485,287.69
02/06118 Deposit MONEY FUND PURCHASE 31,651.80 6,516,919.49
02107118 Withdrawal MONEY FUND REDEMPTION ,397,601.73 5,119,317.76
02108118 Withdrawal MONEY FUND REDEMPTION -51,580.27 5.067.737.49
02/13/18 Deposit MONEY FUND PURCHASE 1,541.40 5,069,278.89
02/20118 Withdrawal MONEY FUND REDEMPTION ,044,951.85 4,024,327.04
02/22/18 Withdrawal MONEY FUND REDEMPTION 429,566.23 3,584,780.81
Page 2 of 28
Account Number:
Rated Eaceiltee Clarinda...II Peale% LC. eulogy evened
orcessnm—e (my Year Since 2007 sabsidiary of The Usk el New Welt Mellon
CONFIDO' DMIAR ItaTtO COMMUNICATIONS Cenceetten Maw)
UMIAK( Penh ,M l1.C.remet-ber theleStRt4 VEGOA- 00046698
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DE1-SDNY-0009522
EV1:4_00157307
EFTA01289670

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
February 1, 2018 - February 28,2018
SOUTHERN FINANCIAL LLC
Money Market Fund Detail (continued)
Date Actuity Type Desaipthe Amon' Uwe
Sweep Money Market Fund (continued)
DEUTSCHEGOVT CASH INSTL (continued)
02723/18 Deposit MONEY FUND PURCHASE 834,170.70 4,428,931.51
02726718 Deposit MONEY FUND PURCHASE 3,331.25 4,432282.78
02728/18 Deposit MONEY FUND PURCHASE 183,661.62 4,615,924.38
02128/18 Deposit INCOMER8NVEST 4,980.71 4 620 905.09
02728118 Closing Balance $4,620,905.09
Total All Money Market Funds $4,620,905.09
Income and Expense Summary
Canal Pitied Yeaseo-Date
Taxa Non Taxable Taxable Non Taxable
Dividend Income
Equities 134,820.00 0.00 140,293 06 0.00
Money Market 4,980.71 0.00 6 068.24 0.00
Other Dividends 192,543.86 0.00 203.226 64 0.00
Interest Income
Bond Interest 2,829.73 0.00 107.494 69 0.00
Other Interest 36,804.40 0.00 36,804 40 0.00
Total Dividends, Interest, Income and Expenses $371,978.70 $0.00 $493,887.03 50.00
Distributions
Alternative Investments 0.00 173,683.82 0 00 173,683.62
Other Distributions 0.00 501.52 0.00 27,630.85
Total Distributions $0.00 $174,185.14 $0.00 $201,314.47
Page 3 of 28
Account /turbo
Rated timeliest Clewing through PenlivgI 1C nth./ evened
bay Year Since 2007 stidiary of The Bank a New Vat Mellon
CONFIDO. DALUR LATW COMMUNICATIONS CarporatIon (MmeY Mellon)
LXCattl.Ct Per era 11.C. FINRAVVVELGOL00046699
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009523
EV1:4_00157308
EFTA01289671

Portfolio Holdings
U.S. DOLLARS
Account Activity Opening Closing Awued Income 30Day Current
Opening DMe Quail ity Number Wing Balance Balance Income This Year Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Margin Balance 116,618.75 291 000.00
Money Market
DEUTSCHE GOVT CASH 'NUL
02/01/18 4,820,906.090 N/A 02128118 4,930,679.70 4,620,905.09 0.00 8,088.24 1.27% 1.31%
Total Money Market $4,930,679.70 $4,620,905.09 $0.00 $6,068.24
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $5,047,298.45 $4,911,905.09 $0.00 $6,068.24
Adjusted Vocalized Aimed Stated Relegated
Date Acquired 00144 Una Cod Cod Baas Merkel Price Medal V*e Phan; lateral Mgual Income Yield
FIXED INCOME (In Maturity Date Sequence)
°Asset Backed Securities
WASHINGTON NUT IA TG SECSCORP 2004.RA2 Security Identifier 939366620
M TG PASSTHRU CTF CL C-8WAR RATE
6.998% 07125133 g1E DTD 06/0104
Factor: 0.37462584 Bled Ue Dale:02/07i
Current Face Value: 463,267.334
12/13/13'.3'° 1,290,000.000 76.5190 369,789.43 93.0780 449,815.57 80,026.14 2,536.56
Original Cost Oasis: 5638108.71
Total Asset Backed Securities $369,789.43 $449,815.57 $80,028.14 52,536.68 $0.00
1,290,000.009
Total Current Face Value:483,267.334
Corporate Bonds
CITIZENSCOM MUNICATIONSCO SR Seculity Identifier: 174638ALY1
NT FULLY EXCHANGED FROM 174539AX9
7.26% ONi f 9 8/E DID 03/23/07/4 oody Rating 03 S 8 P Rating
9-
10103117 1,000,000.000 100.0740 1,000,736.69 101.7500 1,011,500.00 16,763.31 32260.42 71,250.00 7.00%
Original Cost Basis: 5100100690
8ARCUYSSK PLC CONTINGENT CAP NT Securgy Identifier: 06739FFIKO
ISNI US06739FHK037.750% 04/10123 B/E
OTD 04112/13 CALLABLE 041111158 P Rating 884
04/03/13'•°.° 300,000.000 100.0000 300,000.00 100 5000 301.500 00 1.500 00 8.912 50 23,250.00 771%
Original Cost Basis: 5300.000.00
Page 4 of 28
Account ?tuna Mom tacentot Orme tomer Pegg% MC eakely owned
L trey Year Since 2007 smith:Mary of me Bank e/ New Yen Mellon
CONFIDO. MAAR WM COMMUNICATIONS CarporetIon (SHY Mae)
UMIAK( PerI hnx 11.C. merge, otmo.ttrtVYsLGM-000 46700
CONFIDENTIAL — PURSUANT TO FED. R CRINI. P. 6(e) DS-SDNY-0009524
EFTA_00 157309
EFTA01289672

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
February 1, 2018 - February 28,2018
SOUTHERN FIN A NCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Acaued Estimated Eslimaled
Date Acquired Quantity Ong Com Cod Basis Market Rice ati.e I ':aloe Gaintoss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
EXELA INTER LC/ EXELA FIN INC GTD Security Muddier. 30162RAA9
FIRST PRIORITY SR SECO NT 144A
13000% 0716123 B/E DTD 07/4/17 C1BMoody Riling 93 5 P
Rating B
10124117 2.000.000.000 97.0250 1.940.506.00 99.6250 1.992.500.00 51.994.00 23.888.89 200.000.00 10.03%
Original Cost Basis: $1940,506.00
IISINVTS GM BH GTD SR NT Security Identifier: A29866A85
REG S ISINt VS429866853
7250%04/03/24 B1E DUI 04/031145 8 P Rating B
10/31117 2,000,000.000 99.0650 1,981,300.00 99.3750 1,987,500.00 6,200.00 58.402.78 145,000.00 7 29%
Original Cost Basis: 61981300.00
SERVICEM ASTER CO NT 7250%03/0138 B/E Security Identifier 61760NAB5
DTD 03102/98 ST CPN DTE 09/0198
CPR PUT SEMI ANNUAL ON MAR 01AND SEPOiloody Rating
62 S 8 P Rating B
10/18117 1.000.000.000 103.9680 1,039,616.41 100.5000 1,005,000.01 44.676.40 35,645.83 72,500.00 721%
Original Cost Sas 51040.006.00
10/19/1? 350.000.000 103.9690 363.893.22 100.5000 351.749.99 -12.143.23 12.476.04 25.375.00 721%
Original Cost Basis: $354,006.00
10/20/17 80.000.000 103.9750 83.180.38 100.5000 80 399 99 -2.780.39 2.851 67 5.800 00 721%
Original Cost Basis: $83206.00
10131117 70,000.000 103.9790 72.784.97 100.5000 10.35001 -2.434.96 2.495.21 5,075.00 721%
Original Cost Basis: $72.806.00
Total Covered 1,500,000 000 1,559,534.98 1.507.500.00 -52,034.98 53,468 75 108,750 00
Total 1.500.000e00 $1,559,534.98 $1,507,500.00 -$52,034.98 $53,468.75 $108,750.00
811 ORGAN CHASE; CO DEP SHSREPSTO Security Identifier: 46625HHA1
10TH PFD SERIFIXED TO RTG RT BD
7.900%04/29/49B/EOM 04123/08M oody Riling BAA3S8 P
Rating BBB-
06/15/11 .'"? 2.500.000.000 107.5000 2,687,500.00 100.8750 2.521.875.00 -165,625.00 64,736.11 197,500.00 7.83%
Page 5 of 28
Account NumbeIIIMI Rated Walls. Clarion Omagh PaganI IC a vokily owned
ItCOI2I L Every vex Since 2007 Snider, a The in a New Vat Ohellon
CONFID DMJAR£ATODCOMMUNICATIONS Corporation (11111Y Melon) ........ , i,
EXCWINCE Pennine U.C. mewing F thitAAWl ia9m- 00046701
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009525
EFTA_00 157310
EFTA01289673

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Awued Estimated EstImaled
Date Acquired Quantity Unit CoM Cent Balls Market Price Market Value Clinton Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
SU ORGAN CHASE& CO DEP SHSREPSTG (continued)
Original Cost Basis: $2.887,500.00
06/15/11 .'312 2.500.000.000 107.0000 2.675.000.00 100.8750 2.521.875.00 -153.125 00 64136.11 197.500.00 7.83%
Original Cost Basis: 52,675,000 00
Total Noncovered 5,000,000 000 5,362,500.00 5,043,750.00 -318.750.00 129.472.22 395,000.00
Total 5,000,000.000 $5,362,500.00 $5,043,750.00 4318,750 00 1.1 29,472 22 $395,000.00
BANK AM ER CORP PERP NON COM ULATIVE DEP Security Ideatifier 0605050T8
VS FIXED TO FLOAT 8.25% 04/30158 WE
DTD 04130/08 CALLABLE05/10314 oody Rating BA2 S& P
Rating BBB•
01/10/11 .'332 2,000,000.000 1021500 2,055,000.00 101.5000 2,030,000.00 -25,000.00 46,493.06 162,500.00 8.00%
Original Cost Basis: 52,055,000.00
SOUTHERN CAUF EDISON CO PREF SER E Swirly Identifier: 842400 FU2
6 250% 0117162 WE DTD 011712
CALLABLE 0210122 0 130 000M oody Wing BAA1S & P Rating
BBB-
01/30/12 .'312 3.000.000.000 99.8840 2.996.522.55 104.7000 3.141.000.00 144,477.45 14.062.50 187.500.00 5.96%
Original Cost Basis: 52,992,56497
GENERAL BIC CO GTD FXD.TO.FLTGRT Securdy Identifier 359604B/44
NON.CUNULATIVE PERPETUAL PREFERRED
4.000% 4103/65 REGDTD 12/03/tMoody Rating A3 S& P
Rating BBB*
12/03/15' 2.469.000 000 88.0930 2.175.016.17 92.1100 2.274.195.90 99.179.73 20,026.33 98/60.00 4 34%
Original Cost Basis: $2,25.01.2
5LLOYDS BANKING GROUP PLC FXD RATE RESET Haag Identifier 539439A64
AUDI TIER 1SECS US539439AG42
7.500% 04727/88 WE DTD 04107/M8 P Rating titi.
Please Nelda 1.903.000.000 NIA Please Provide 109.6250 2,086.163 75 N/A 24 183.96 142/25.00 694%
Original Cost Basis: Purse Provide
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier 2296725
5950% 08/15/888/E DID 0614/5
CALLABLEOBIS/20 0 D0.000MaodyRatikg0A2StPRaling
BB'
08/06115 3,000,000.000 100.0000 3,000,005.99 103.5800 3107 400 00 107,394.01 6.445.83 178.500 00 5 74%
Page 6 of 2 .3
Account Number
bled Iscollent Clewing through Penh", LLC • ~yawned
mud L-- (very Yew Since 2007 SASS." of TM Bank el Mr Yorlg Mellon
CONFID DALBAR IMO COMMUNICATIONS Com-oatlas (MY Mellon)
LXCLLLINC( Pern.ig li.C.neren Ithsto..%WhiGM-00046702
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009526
EFTA_00I5731 I
EFTA01289674

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
February 1, 2018 - February 28, 2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Estimated
Clete Acquired Ouentky Unk Cast Cast Bads Market Prim Market Value Geinfloss lateral Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
CITIGROUP 040 FXD RT SR NT PERP DEP RECPT (continued)
Original Cost Basis: 53,000,006.00
Total Corporate Bonds $22,371,122.36 $24,489,009.65 $31,723.52 5417,617.24 $1,713,235.00
24,172,000.000
TOTAL FIXED INCOME $22,740,911.81 324,938,825.22 9111,749.66 3420 153 80 $1,713,235.00
25,462,000.000
Unrealized Estimated Estimated
Date Awned Oulatky Unk Cost Oast Bees Market Prke Mead Value Gehlrloss Maui Income Yield
EQUITIES
Common Stocks
BROADCOM LTD SHSISINO D39999011923 Security Went diet AVGO
Dividend Opl ion: Cash COP Y09827139
09/29/17 485.814,78 246.4600 492.920.00 7.105 22 14.000.00 284%
10/13/17 2,000. 499.976 68 246.4600 492,920.00 -7,056 68 14,000.00 284%
Total Covered 4,000 000 985.791 46 985,840.00 48 54 28,000 00
Tot al 4.000 000 3985.791 46 $985,840.00 348 54 328.000 00
ADVANCED MICRO DEVICES INC COM Securely Identifier: AMC
Dividend Option: Cash CUSIP. 007903107
50,000.00 of these shares ate is your macula account
09/15/17 20,000.000 12.2810 245.612 36 12 1100 242 200 00 -341236
12/15/17 30.000.000 12.2300 366.912 57 12 1100 363 300 00 -,612 57
Total Covered 50,000 000 612.524 93 605.500 00 -7.024.93
Total 50,000 000 3612,524 93 $605,500.00 47,024 93 9000
ALIBABA GROUP RUA LTD SPONSORED AOR Security Identifier BABA
IONS USO $09W1327 CUSP. 0•6091VD2
Dividend Option: Cash
06/10/15 5,000.000 88.9500 444.749 00 186 1400 930.700.00 485.951 00
APOLLO GLOBAL MGM T LLCCL A MIS Security Identifier APO
Dividend Option: Cash CUSIP 037612306
Page 7 of 28
Account Nurnbe
Rated timeliest Clewing through PenlikvIICatlaprewel
L bey Yew Since 2007 stosidiary of me oak al New Vat Mellon
CONFIDO. OMAR WED COMMUNICATIONS CaporatIon (MY Mellon)
uatiora 00046703
Per.h nxil.C. mer-bn thiRAVIO VELGM-
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009527
EFTA_00157312
EFTA01289675

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Maenad Estimated &haled
Dale Acquired Quantity Unit Cost Coat Bala Market Price Might Value Clinton Annual Income Yield
EQUITIES {continued)
Common Stocks (continued)
APOLLO GLOBAL it GMT LLC a A SHS (continued)
03/29/11 'in 263.157.000 19.0000 4.999.983 00 32.8000 6.631.549.60 3.631.56640 542.103 42 628%
APPLE INC COM Security Identifier. AAPL
Dividend Oplion: Cash CUSIP: 03783300
12/07117 214,000.000 169.8140 36,340.223 40 178.1200 38.117.680.00 1,777,456.60 539,280.00 1.41%
BASF SE SPONSADR Securely Identifier: BASFY
191111150552625057 CUSIP. 055262505
Dividend Oplion: Cash
04/13/15 20,000.000 25.4030 508,056 00 26.2800 525.600 00 17,544 00 12,092.12 2.30%
BERKSHIRE HATHAWAY INC DEL CL A &wily Identifier. BRK A
Dividend Oplion: Cash CUSP:08467008
02/05/18 3.000 310.425.3330 931.276.00 310.250.0000 930.750.00 426.00
02/16/18 3.000 307.028.6670 921,086.00 310.250.0000 930.750.00 9,664.00
Total Covered 6 000 1152.36210 1,861,500.00 9,138.00
Total 6.000 51.852.362.00 $1161,500.00 $9.138.00 $0.00
BIOGEN MEC INC COM Sectuity Identifier. BBB
Dividend Oplion: Cash CUSP 09052X93
02/14/12 .'3 2,095.000 110.2720 231,019.65 288.9900 605,434.05 374,414.40
CINTENE CORP DB. COM Secarity Identifier. CNC
Dividend Oplion: Cash CUSP 1135B91
09108114 15.550.000 63.6450 989.679.75 101.4200 1.577.081.00 587.401 25
FACEBOOK INC a A Secuiity Idenlifier. FB
Dividend Oplion: Cash CUSIP 30303M92
05117112.0 17.500.000 38.0000 665.000.00 178.3200 3.120.600.00 2.455.600 00
GENERAL ELECTRIC CO COM Security Identifier. GE
Dividend Oplion: Cash CUSP. 36960403
5.000 00 of these shams are in your margin account
02/23/18 2,500.000 16.2210 40,551.71 14.1100 35,275.00 -5176.71 1,200.00 3.40%
02/26/18 2.500.000 16.2210 40.551.71 14.1100 35.275.00 4.276.71 1,200.00 3.40%
Total Covered 5,000.000 81,103.42 70,550.00 -10,553.42 2,400.00
Total 5,000 000 $81,103.42 $70,550.00 -$10,553.42 $2,400 OD
GILEAD SCIENCES INC Security Identifier. GILD
Dividend Oplion: Cash CUSP. 37555803
02/05/14 5,000.000 79.2810 396,407.00 78 7300 393.650 00 -2,757 00 11,400.00 2 89%
Page 8 of 28
Account ern
Rated Gallen, Clewing through PenhieglIC. a US/ OWIIS
L-- bery Yea Since 2007 SASS." of The leek a New Yak Mellon
CONFID DALW£ATEDCCSMICATIONS Corporation (eta Mellon) a ...... ,,s,
L(CIUINC( tinsai ttc.menta, nnan.on4.11dodom _00046704
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009528
EFTA_00157313
EFTA01289676

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
February 1,2018 - February 28,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Uneeallzed Estimated Estimated
Oete Acquit(' Quantity UM Cost Cod EMS Market Price Market Vidue Calms Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
GILEAD SCIENCESINt (continued)
03107114 3,100.000 79.8120 246,797.00 78.7300 244.063.00 .2,734.00 7,068.00 2.89%
10/24117 4,400.000 80.0900 352,395.71 78.7300 346,412.00 1,983.71 10,032.00 2.89%
Total Covered 12,500.000 995599.71 984,125.00 -11,474.71 28,500.00
Total 12.500 000 5995599 71 $984,125.00 411,474.71 528.500 00
NINTENDO LTD ADR Security Identifier: NTDOY
Dividend Oplion: Cash CUSP 854445303
02105118 10.000.000 51.7910 517,908.00 57.0500 570,500.00 52,594.00 4.689.56 0 82%
VOLKSWAGEN A GADR (SPONS Security Identifier: VLKAY
Dividend Opl ion: Cash CUSP:928662303
04113115 5,000.000 50.8610 254,306.00 39.7600 198,800.00 45,506.00 1,706 59 085%
09121117 24.000.000 34.1880 820,503.00 39.7600 954.240.00 133.737.00 8.191 66 085%
Total Covered 29.000.000 1,074,809.00 1,153,040.00 78 231.00 9.898 25
Total 29.000.000 $1,074,80990 $1.153,040.00 $78,231.00 89.898 25
Total Common Stocks 550,298,807 32 559,739,699.65 $9,440,892.33 $1,166 963 35
Preferred Stocks (Usted by expiration date)
GMAC CAP TR I STD TR PFD SECS SER2 CM- Security Identifier ALLY PRA
8.25% FRED ORTLY "MTV-02/1512040 CALL CUSP. 36160208
ARMY E025 W/30 DAYS BE0414$02/6/S
Divides Option: Cash
02122112 '3 80,000.000 23.5350 1,882.773 60 25.8000 2.064.000.00 181,228.40 146.39548 7 09%
Total Preferred Stocks $1,882,773.60 $2,064,000.00 $181,226.40 $146,396.48
Options
PUT DO GENERAL ELECTRIC CO COM Option Idenlifier 990AK5C93
EXP 03.1.1@1000 OPTION ROOT= GE Underlying Secinity Identifier. GE
•200 00 of these contracts are a shorl position Unduly* Security Price: SIM
01/19/18' 400,000 1.8220 -36,434.36 3.6700 47,400.00 -40,965.65
Page 9 of 28
A ccount Minix
Rated ticellent Clewing through PenlivgI 1C nakoly owned
MILS12)Ila L bay Year Since 2007 stoney of me Melt d New Vat Mellon
CONFID D cs A a LI u A t R ti M cs IT O COMMUtisCATIONS C
P
arp
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RAVO
VELGM-00046705
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009529
EFrA_00157314
EFTA01289677

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Untested Estketited Estimated
Oete Acquined Quality UnN Cod Cod Buis Merkel Price Market Valim Gels/Loss MameIncome Yield
EQUITIES (continued)
Options (continued)
CALL 100 BROADCOM LTD SIG Option 'dent ifier. 990ALOOGF
ISMISG9999011823 EXP03-11-14)240.000 Underlying Security 'dentine: AVG°
OPTION ROOT: MOO Underlying Security Price: 3246.46
-40.00 of these contracts are a short position
02/13/18 • 40.000 11.8680 -47472.90 12.7000 40.80040 4.327.10
PUT 90 8ROADCOM LID MIS Option Identifier: 990AL0004
ISHII SC4999011823 EXP 0344-13Q230.000 Underlying Security Identifier: MOO
OPTION ROOT: AVGO Underlying Security Nice:5246.46
•4000 of these contracts are a short position
02/13/18 -40.000 5.2100 -20.838.51 2.8000 41,200.00 9,638.51
CALL TO GILEAD SCIENCES INC Option Identifier SSC/ALOOF&
DIP 03-13-S082500 OPTION ROOT= GILD Underlying Security Identifier. GILD
-125.00 of Ws. contracts are a short position Underlying Security Price:578.73
02/16118 4 25.000 1.3310 4 6.634.60 0.4900 -6.125.00 10,509.60
PUT 130 GILEAD SCIENCESINC Option Identifier: 990ALO OGIV
FXP03-t-E077.500 OPTION ROOT: GILD Underlying Security Identifier GILD
425.00 of thesecontractsarea short position Underlying Security Price:578.73
02/16/18' 425.000 0.9390 -11,736.72 1.2800 -16,000.00 4,263.28
CALL DO 'SHARES TR IA XI EM ENING LINTS Option Identifier: 90QMARLI
INDEX FD EXP 06-S-1455400 Underlying Security Identifier: EBI
OPTION ROOT: EDI Underlying Security Price: 548.02
01/17118 2.400.000 0.4400 105.608.00 0.2400 57.600.00 -48,006.00
Total Options 427,511.08 4103,925.00 476,413.92 $0.00
TOTAL EQUITIES $52,154,069.84 $61,699,774.65 59,545,704.81 $1,313,359.83
Unrealized Ellmated Estimated
Dete Assented Nudity VAN Cost Cod Bath Markel Prim Modal Veto Gain Loss Maul MOAN Yield
M UTUAL FUNDS
,PYORGAN FLOATING RATE INCOME FUND Security Identifier StISX
CLASS I CUSP 4872757
Open End Fund
Dividend Option: Reinvest; Capital Gain Option: Reinvest
09/28117 314809.777 9.4100 3.000.000.00 9.4100 2.999.999.99 4.01 114,60235 3.82%
Reinvestments to Date 5,397.624 9.4060 50.769.62 9.4100 50,791.65 22.03 1,940.28 382%
Page 10 of 28
Account riumbe Rated tactile'? Cleanng through fleabag1 1C•aaprented
trey Yew Since 2007 sobsidiary of The Bank el New *At Meta
CONFIDO. PALIAR RATIO COMMUNICATIONS CaoporatIon OPNY MOW
LXCILUNCI Per Finx 11.C. nweltatt FINRA.EIANYELGM-00046706
CONFIDENTIAL — PURSUANT TO FED. R CRIAA. P. 6(e) DB-SDNY-0009530
EFrA_00 I 57315
EFTA01289678

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
,ebruary 1,201B - February 28,2018
3OUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unteeltatd Estimated Estimated
Ode Acquieed Nudity OA Cod Cod Nis Markel Prim Market Vitae Gannon Annual Income Yield
MUTUAL FUNDS (continued)
..PM ORGAN FLOATING RATE INCOME FUND (continued)
Total Covered 324,207 401 3 050 769 62 3,050,791 64 22 02 116.54213
Total 324,207 401 $3,050,769.62 $3,050.791.64 $22.02 $116.542.83
TOTAL M UTUAL FUNDS $3,050,769.62 $3,050,791.64 $22.02 $116,542.83
Unseated NSW Ellmaled
Date Acqdted Quantity MI Cod Cod Buhl Market Pace Market Value eakeMose WedI som Meld
EXCHANGE-TRADED PRODUCTS
1SHARES INC MSC] SOUTH KOREA ETF Scarily Identifier EWY
Dividend Oplion: Cash; Capital Gains Option: Cash CUSIP 464286772
11703117 13,000.000 75.8460 985.996.98 72.0900 937,170.00 48,826.98 28,291.14 3.01%
'SHARES TR CHINA LARGECAPETF Security Identifier FXI
Dividend Oplion: Cash; Capital Gains Option: Cash CUSP.46428714
11103117 21,000.000 46.3690 973,747.44 47.2200 991,620.00 17,872.58 22,422.26 226%
1SHARES INC M SCI TAIWAN ETF Security Identifier: EWT
Dividend Oplion: Cash: Capital Gains Option: Cash CUSP 464346712
11703117 26,000.000 37.9690 967,205.46 36.6500 952,900.00 -34,305.46 26,491.55 2.78%
TOTAL EXCHANGE-TRADED PRODUCTS $2,946,949.88 $2,881,690.00 465,259 88 $77,204.95
Umeallzed Mend Shred
Cad Saris Mittel Value NW tow Intend Annual home
TOTAL U.S. DOLLARS $85,804,606.24 $97,482,986.60 59,592,216.61 $420,153.80 53,226,410.85
Page 11 of 28
ir
Account U'm', b' e l AL*" Rated Intik.? Clearing %Mr NOM% nilaprewel
S$ . LA ih:S. Even/ Year Since 2O07 SASS." of The Bank al New Yalt Mellon
CON FID DALBAR RATED COMMUNICATIONS CarporatIon Melba)
1 ..... DMLING( Perihnx LICerionbn FtuRAVVVELGM- 00046707
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DS-SDNY-0009531
EFTA_0015 7316
EFTA01289679

Portfolio Holdings (continued)
CHINA RENM INBI
Estimated
Desorption 0uuANy Market Price Market Value Currency Yield
EQUITIES
Common Stocks
CHINA 03MM UNICATIONS CONSTRUCTION COMPANY 224.000.000 7.0894 1,588,046.66 CNY
LTD SHS H 'SINS CNE900002F5 250,760.38 USD
Security Id edifier. 1800:HK
CUSIP:Y1R36.108
Total Common Stocks 1,586,046.66 CNY
250,760.38 USD
TOTAL EQU ITIES 1,588,046.66 CNY
250,760.38 USD
Accrued
Market Value Currency Interest
TOTAL CHINA RENM INBI 1,588.046 66 CNY 000
250.760 38 USD 0 00
BRITISH POUND
Estimated
Desolation Quantity Market Pt i2 Market Value Currency Yield
EQUITIES
Common Stooks
HS8C HOLDINGS PLC ORD SHS 24,800.000 7.2356 179.444.62 esP
IONS G800054052$6 241,202.78 USD
Security Id Wilier: HSBA:GB
CUSIFtG4834U19
Total Common Stocks 179,444.62 GBP
247,202.78 USD
TOTAL EQUITIES 179,444.62 GBP
247,202.78 USD
Accrued
Maket Value Currency IMenS
TOTAL BRITISH POUND 179,444.62 GBP 0.00
247,202.78 USD 0.00
Page 12 of 28
Account ?turbo
Rated Escoilent Clewing throve. Peaking 11C•aapronwil
(my Year Since 2007 istaldiary of TM Bonk NNW Yak Meta
CONFID DA AR MUD COMMUNICATIONS CancratIon (MY Mao)
UMIAK( Peri Finx 11.C. mento Ho)
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-0009532
EFTA_00157317
EFTA01289680

Deutsche Bank
P.O. Box 1776, Baltimore, MD 212O3
February 1,201 - February 28,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
HONG KONG DOLLAR
Opening Oosing Accrued 30 •Day
Description Quantity Balance BRIME4 Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 42,782.40 42,782.40 HKD
5.467.29 USD
TOTAL CASH, M ON EY FUNDS. AND BANK DEPOSITS 12,782 40 12.782 40 HKD 0.00
5,467.29 USD 0.00
Estimated &hauled
Desorption Caensity Market Prim Andel Value CIMMICy Annual Income Yield
EQUITIES
Common Stocks
LONKING HOLDINGS LTD SHS 710,000.000 3.2700 2.321.700.00 HKD 44.019 63 1.89%
KYG5636C1/78 296,696.93 USD 5,625 44
Security Id enl Wier: 333911K
CUSIP. G5636CV7
NINE DRAGONS PAPER HOLDINGS LTD 5145 144,000 000 14.1200 2,033,280.00 HO
ISINIBLIGS53131305 259.838.93 USD
Security Idenliliet: 2689HK
CUSIP. G55313D0
ZTECORP SHSH ISINS CNE1)00004Y2 70,600.000 27.6000 1,948,560.00 HKD
Security HK 249.012.27 USD
CUSIP. Y0004 P05
ANHUI CONCH Ceil 941 CO LTD SHSH 52,500.000 11.9500 2,202,375.00 HKD 32.439 58 1.17%
ISINS CNE130000182 281,448.09 USO 4.145 58
Security Id enl Wier 9$1:HK
CUSIP. Y01373132
BANK OF CHINA LTD BEIJNG SHS H 512,000.000 4.2700 2,186,240.00 1110
1911* O1E90000125 279.386.11 USD
Security Id eal Wier 3988:HK
CUSIP. Y0698A137
DONGFANG ELECTRIC CORPORATION LTD 150.200.000 6.5300 980.806,00 HKD
SHSH ISINSCNED0000301 125.340.10 USD
Security Idenliliet: 1372.HK
CUSIP Y20958137
Page '3 of 28
Rated balks. ChM% lamer Psalms LC • Maly owned
Account NItC0u12m1 ber: bay Yea. Since1007 satosIdlia of The Mak el New Tort Mellon
CONFIDE L DAUMRATEDCOMMUNICATORS CarperatlanONY maw
LSCRAINCE nennifteti.c.nenew nmtA.B(4111,,,GM_00046709
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009533
EFTA_OO157318
EFTA01289681

Portfolio Holdings (continued)
HONG KONG DOLLAR (continued)
Estimated Noraled
heartboo AareAy Maker Peke Market Value Currency Annual Income Yield
EQUITIES (continued)
Common Stocks (continued)
WBCHAI POWERCO LTD SHSH 228,000.000 8.8200 2,010,960.00 HKD
'SINS CRE1300004L9 256,986.55 USD
Security Identifier 2338:11K
CUSIP. Y9531AD9
ZHUZHOU CRCTIRESELECTRICCO LTD SHS 43.400 000 42.4000 1,840,180.00 HKD
-H. ISMS CH0300000(4 235,159.56 USD
Security Identifier:389811K
CUSP. Y9892NO4
Total Common Stocks 15,524,081.00 HKD 76,459.21
1,983,860.54 USD 9,771.02
TOTAL EQUITIES 15,524,081.00 HKD 76,459.21
1,983,868.54 USD 9,771 02
Maned allmated
Market Value Currency Interne MaudIncome
TOTAL HONGKONG DOLLAR 15,566,863.40 HKD 0.00 76.459.21
1,989,335.83 USD 0.00 9,771.02
JA PAN ESE Y EN
09•9919 Chaim Awued 30-Day
0ficiption Quantity Balance Balance Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance -267.00 -267.00 JPY
-2.50 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS .267.00 -267.00 JPY 0.00
•2.50 USD 0.00
Estimated Estimated
DaecrIplion OvinOly Martel Mot Bakal Value Clancy Annual Income Yield
EQUITIES
Common Stocks
NASTESr,..0 cORP TOKYO SHS LTD 6,300.004 4,645.0000 29,263,500.00 JPY 428 356 08 146%
ISINI.P365129001 274257.52 USD 4,014 96
Security Ideetifier.6268:P
CUSP. )17070110
Total Common Stocks 29,263,500.00 JPY 428,356.08
274,257.62 USD 4,014 96
Page '4 of 28
Account Humbe
Rats Etatlitnt Clanngthrotir Penblag I1C *Say easel
Every Year Since 2007 steals! of The Hoak al New Yeelt Meta
CONFID DASAR RATED COMMUNICATIONS Caporals (UNY Melon)
VICtllM CC PerIhnx LUC erw-tatt FINRAAWIELGM— 00046710
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009534
EFTA_00157319
EFTA01289682

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
February 1,2018 - February 28,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
JAPAN ESE YEN (continued)
Estimated Estimated
Description Paring Market Rem Markel Value Cuomo/ Maud Income Yield
EQUITIES (continued)
TOTAL EQUITIES 29,263,500.00 JPY 428,356.08
274,257.52 USD 4,014.96
Awned Estimated
Market Value Cuffing Mired Annul Income
TOTALJAPANESEYEN 29,253,233.00 JPY 0.00 428,356 08
274,255.02 USD 0.00 4,014 96
RAND
Estimated Estimated
DiscrIplIon (hardy Market Pike Market Value Cullom Annual Income Yield
EQUITIES
Common Stocks
NASPRISLIIIITED LTD 2,000.000 3,271.0000 6,542,000.00 ZAR 11,599.95 0.17%
ISINIZAE00005889 554,395.25 US0 983.03
Security Ideetifier.NAPRF
CUSIBS5343593
Total Common Stocks 6,542,000.00 ?AR 11,599.95
554,395.25 USD 983.03
TOTAL EQUITIES 6,542,000.00 ZAR 11,599.95
554,395.25 USD 983.03
Awned Estimated
Market Value Cuffing Intend Annul Income
TOTAL RAND 6,542,000.00 ZAR 0.00 11,599.95
554,395.25 USD 0.00 983.03
Untedzed Atoned &haled
Cost Bats Markel Value Oiled= Interest Annual Income
TOTAL PORTFOLIO HOLDINGS - U.S. 185,804,606.24 1100,798,935.86 $9,592,216.61 1420.153.80 13,241,179.86
DOLLARS
Noncovered under the cost basis rules as defined below.
Page 15 of 28
Account Num Rated Earelitnt Clewng th•ough Pershitnti.Caaa/OWINId
Every Year Since 2007 subathaty of The Bankol tee* 'fed Mellon
CONFID DAtIlAR RATIO COMMUNICATIONS Corporation0NY ~Ion)
LXCILLINCC Rent erte LIC.~ nat. FINRA~M_ 00046711
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009535
EFTA 00157320
EFTA01289683

Portfolio Holdings (continued)
Generally, securities acquired before 2011 in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986. as amended by the Emergency Economic Stabilization Act of 20 0 8. and are marked as "noncovered". Securities marked as "covered". were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1099-S for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10 9 98, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information.
5 Unrealized gains and losses are not reported for securities for which cost basis or market value is not available.
6 The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face
amount of the security. Factors may changeover time and are obtained from sources we believe to be reliable.
t1 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
13 The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Holdings Summary by Currency
Dicsangaie444
Quincy Cash Flied loon Equities Mutual Funds Funds Total by Cortency
U.S. DOLLARS 4.911.905 24.931825 61.699.774 3.050.791 2.881.690 97.482.986 USD
CHINA RDIM IN8I 0 0 1,588.046 0 0 1.588 046 CNY
BRITISH POUND 0 0 179.444 0 0 t79.444 GBP
HONG KONG DOLLAR 42,782 0 15,524.081 0 0 15.566.863 HIM
JAPANESE YEN -267 0 29,263.500 0 0 29.263 233 JPY
RAND 0 0 6.542.000 0 0 6.542.000 DR
Total USD Equivalent 4.917.369 24.938,825 65.010,259 3,050,791 2.881,690 100.798.935 USD
% of Allocation 5% 25% 64% 3% 3% 100%
Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ
from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total.
THE AS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE
Estimated Annual Figures
The estimated annual income ( EA I) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
Page *6 of 28
Account
Rated Galls. Cleating OOP* P allos LLC. • Mb" anal
lICiCm; Mb oa trey VW Since 2007 SASS." of The Bask el Mew Y.:4 Mellon
C ON FID I M EX B C A IIL R UN R C A C T ED COMMUNICATIONS C N a e r s p ti o n n g t l U an .C (M .m Y en W ter i l F co tt ) a tk ,. * . M ... K PI G . M_00046712
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009536
EFTA_00157321
EFTA01289684

a
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
February 12018 - February 28,2018
SOUTHERN ANA NCIAL LLC
Portfolio Holdings Disclosures (continued)
Estimated Annual Figures (continued)
guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political. and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities. thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions. Money Market Fund dividend income, Bank Deposit interest income. or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions,
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts. please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard &
Poor's is not responsible for any errors or omissions. regardless of the cause. or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for
investment purpose. Credit ratings should not be relied upon as investment advice.
Page "7 of 28
Account Numbe
Rated ticellent Clewing through Penis's LLC. • Say owned
trey Year Since 2007 sobsidiary of The Bank a Mew Vat Mellon
CONFID OMAR MITO COMMUNICATIONS CarporatIon (MY Mao)
EXCLIAINCI Perchnx 11.C.rnet-to A.%41‘. 00-00046713
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009537
EFTA 00157322
EFTA01289685

Schedule of Realized Gains and Losses Current Period
Date Dale Realized
Desaiption Disposed Moulted Designation Ohposition Method) Ttainection (hardily Planted& Cot Bats Gait:non
Short Term
BRIGHT SCHOLAR ED HI 02/28/18° 02128118 Covered First In First Out / SELL 3.900 000 71,198.55 74.100.00 -2.901.45
ONSADR ISINt U81991791391
Security Identifier 13913919
DFB HEALTHCAREACQUI 02/16/18 02116118 Covered First In First Out / SELL 4,800.000 47148.89 48.000.00 -151.11
RP UNIT 1COM & 73WISEXP 20
23
Security Identifier. 2329408
DOMINION ENERGY III DS 02116118 02116118 Noncoveret First In First Out! SELL 6.600 000 171.426.48 168.630.00 2396.48
RS LP COM UNIT REPSTG LTD PART
NERSHIP INT
Security Identified 257454'08
IIIRAGEN THERAPEUTICS 02/09/18 02/09110 Covered First In First Out! SELL 3.000 000 15123.63 16,500.00 -876.37
Security Identifier 60463E03
NMI HLOGSINCCL A 02/28/18° 02128118 Covered Aril In First Out! SELL 1.400 000 23303 33 27,650 00 -4.346.67
Security Id entifier. 629209305
VIC' PPTYS INC COM 02/01/18 02101118 Covered First In First Out! SELL 1.000 000 83.232 07 80.00010 3.232 07
Security Identifier. 925652139
PVT WEIR SSP 500 ET 02/22/18 02113118 Covered Frst In First Out! BUY -100 000 15.88412 6.488.00 9.396.62
24100
Security Identifier 990AILYM 3
PUT GILEAD SCIENCES 02120/18 01109/18 Covered first In First Out! EXMRE OPT SHT •I25.000 19.554.54 0.00 19.554.54
75.00
Security Identifier 990ALSCIS
CALL GILEAD SOENCES 02/20/18 01109118 Covered Hilt In First Out / EXPIRE OPT SHT -125.000 15.340.63 0.00 15.340.63
82.50
Security Identifier 990ALHGAC
CALL SELECT SECTORS 02/02/18 01109118 Covered First In First Out / SELL 525 000 121.880 39 101,269 00 20.61139
80.00
Security Identifiet 990ALK9P5
CALL SPD R St P500 ET 02/22/18 02/13/18 Covered First In First Out! SELL 100.000 24,103.43 18193.00 5.610.43
274.00
Security Identifier. 990AMA627
CALL %DR SS P 500 ET 02/22/18 02/13/18 Covered First In First Out? Sal 100 000 35,008.18 26.85310 8.155.18
27610
Security Identifier. 990AM DB9J
Page '8 of 23
Account Numb Rated Galls. Clewing liner ;kli% I1C nokily owned
&COMMO S L-- Eery Year Since1007 satd dlary of TM kalcolNavo Vat Mellon
CONFIDO. DALIARIATEDCOMMUNICATIONS Calaginelon OM IMMO
LXCGAINCE hMia U.C.meTte FilRA.4WILEPM_00046714
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009538
EFTA 00157323
EFTA01289686

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
February 1,2018 - February 28,2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Current Period (continued)
Date Dale Realized
Description Demoted Acooked Designation Disposition Method / Transaction &ems Proceeds Cat Bails Galtsiloss
Short Term (continued)
PUT SPDRUP 500 ET 02/22/18 02113118 Covered first In First Out I BUY -100 000 25163.39 14.462.00 11.401.39
240,00
Security Identifier. 990AMCCAO
CALL 'SHARES INC M SC 02120/18 01123118 Covered first In First Out I EXPIRE OPTION 2.000 0.00 132.00 -132.00
79.00
Security Identifier. 990AM EK0
Total Short Term 670,268,13 582,577.00 87,691.13
Long Term
WASHINGTON M UT MTG S 02123118 12113/13 Noncovered'' REPYMT OF PAIN 1,290.000 000 1.942,94 1,486.71 456.23
004-RA2 MTGPASSTHRUCTFCLC- Original Cost Basis:1486.71
8-1VAR RATE 6.998% 07125/33
Security Identifier. 939336520
Total Long Term 1,942.94 1,486.71 456.23
Total Short and Long Term 672,211.07 584.063 71 88.147 36
• Noncovered under the cost basis rules as defined below.
Generally. securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 2008. and are marked as "noncovered". Securities marked as 'coverer . were identified as securities potentially subject to the
cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may markthe account as noncovered. However, if the account does not receive a 13998, the cost basis
will not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1399-B or online displays you may have available to
you
When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities. and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting
Page '9 of 28
Account Number:
Rated [smitten Clewing through PershnL C a Say owned
ICCOMM.011 beer Year Since 2007 Sniffle., of TM Bank a Mew Yore Mellon
CONFID OMAR Mit° COMMUNICATIONS CarporatIon ('NY Mellon)
EXCULINCI Peri. 11.C.rnertn Ithtto..%WriliGM-00046715
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009539
EFTA 00157324
EFTA01289687

Schedule of Realized Gains and Losses Current Period (continued)
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security. and certain attributes. obtained from sources believed to be reliable. In the event. one or more of these attributes is changed. there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those
involving foreign bonds. bonds sold short or bonds issued with lessthan one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information.
u These shares are unsettled and have been recently disposed. You will also see these shares on the Portfolio Holdings section until this transaction has been settled.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your
account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this
may be reported on the IRS Form 1099.8.
M essages
Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual
fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds
credited to your brokerage account. Rease see the money market mutual fund's prospect us or the bank deposit product's disclosure document or contact your advisor for
additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Activity Summary (4/1 amounts shown are in base currency)
°edits ThisPerioti Debits ThisPetiod Net ThisPerioci °edits Yea4o-Date DebilsYear-to-Dote Net Year-to-Dale
Securities
Securities Bought 0 00 -2.819.419.86 -2.849.419.86 0 00 4.770.600.64 -3.770.600 61
Securities Sold 1,939,916.66 0.00 1,939,916.66 7.343.491.66 0.00 7.343 194.66
Total Securities $1,939,916.66 42,849,449.86 4909,533 20 $7,343.494.66 $3.770,600.61 $3,572,894.02
Dividends and Interest $371,978.70 $000 $371,978.70 $493.887.03 $0.00 $493.887.03
Distributions $174.185.14 $0.00 $174,185.14 $201 314 47 $0.00 $201 314 47
Fees $0.00 52100 424 00 $0.00 448.00 448 00
Cash
Withdrawals 0.00 0.00 0.00 0.00 -102.492.70 -402.492.70
Deposits 228,000.00 0.00 228,000.00 228,000 00 0.00 228,000.00
Total Cash $228,000.00 $0 00 $228,000.00 $228,000.00 $402,492.70 $174,492.70
Totals $2,714,080.50 $2,849,473.86 4135,393 36 $8,266,696.16 $4.173,141.34 $4,093,554.82
Page 20 of 28
stcs„,
ciQ Rated Conalltal Clams tivough hushing LLC. a wilayosnacl
Every Year Since 2007 subsidiary al The Bank Ware 'fat Mellon
CONFID L UDAMUIMA KATED CC.IMUNICATIONS Cancration(BNY Mellon)
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009540
EFTA_00 157325
EFTA01289688

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
February 1,2018 - February 28,2018
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity
Roan, Trade;
Settlement Transaction
Date Dale Activity Type Description Cluantiy Price Acaued Interest Amount Cannot
Securities Bought and Sold
02101/18 01131/18 SOLO CALL AO VCR SSP 500 ETF TR TR UNIT DP 800.000 14.5011 1.302.362 85 USD
990AILYIG 034.13(1270.000 OPTION ROOT: SPY CLOSING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
02105/18 02101118 SOLD VICI PPTYS INC COM UNSOLICITED ORDER ALLOCATED ORDER x.000.000 20.8500 83,232 07 USD
VICI YOUR BROKER ACTED AS AGENT
02105/18 02101/18 PURCHASED VICI PPTYS INC COM PROPSECTUS UNDER SEPARATE COVER 4000 000 20.0000 -80,00000 USD
VIG
02105/18 02102/18 SOLO CALL AO SELECT SECTOR SPQR TR INDL EXP 064-1 4180.000 -525.000 2.3517 121.880.39 USD
990ALK9P5 OPTION ROOT: XLI CLOSING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
02/07/18 02105/18 PURCHASED BERKSHIRE HATHAWAY INC DB CL A UNSOLICITED ORDER 3.000 310,390.0000 ,931,276.00 USD
BRK A 39,390 00000000
02107/18 02105/18 PURCHASED NINTENDO LTD ADR UNSOLICITED ORDER ALLOCATED ORDER 10,000 000 51.7500 417,906 00 USD
NTDOY YOUR BROKER ACTED AS AGENT
02113/18 02/09/18 SOLO M IRAGEN THERAPEUTICS INC COM UNSOLICITED ORDER -3.000.000 5.2500 15.623 63 USD
MGEN ALLOCATED ORDER YOUR BROKER ACTED AS AGENT
02/13/18 02109/18 PURCHASED IRAGEN THERAPEUTICS INC COM PROSPECTUS UNDER 3,000.000 5.5000 4 6,500.00 USD
MGEN SEPARATE COVER
02/14/18 02/13/18 SOLO SHORT PUT 130 SP1)R SSP 500 ETF TR TR UNIT EXP03-1-111a245000 -100.000 1.6191 15.884 62 USD
990AILYM 3 OPTION ROOT: SPY OPENING TRANSACTION UNSOL
EXCHANGE LISTED OPTION
02/14/18 02113/18 SOLD SHORT CALL AO BROADCOM LTD SHSISINS 939999014823 EXP 40.000 11.9000 47.472 90 USD
990ALOOGF 0344(1240 000 OPTION ROOT: AVGO OPENING
TRANSACTION UNSOL EXCHANGE LISTED
02/14/18 02113/18 SOLD SHORT PUT DO BROADCOM LTD SHS ISMS SG9999014823 UP 40.000 5.2412 20,838.51 USD
990A10064 034-SO230000 OPTION ROOT: AVGO OPENING
TRANSACTION UNSOL EXCHANGE LISTED
02/14/18 02/13/18 PURCHASED CALL DO VCR SSP 500 ETF TR TR UNIT EXP 100.000 1.8187 -18.493.00 USO
990AM A627 03440274.000 OPTION ROOT: SPY OPENING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
02/14/18 02/13/18 PURCHASED CALL DO SPDR SSP 500 ETF TR TR UNIT EXP 100.000 2.6547 46,853.00 USD
990AM DB9J 04.20-$0276.000 OPTION ROOT: SPY OPENING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
Page 2' of 28
Account Number: Rated ticellent Clewing through Penitent LC. R May owned
WM) trey Year Since 2007 totaling of TM Bank a Mew Vat Mellon
CONFIDO L DAMARMITO COMMUNICATIONS CarporatIon (MY Ammo ,„ „„
LXCLLLINCC Perchnx 11.C.nlet-bn IthltA.VOLIZI91"—Ouv46717
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009541
EFTA_001573 26
EFTA01289689

Transactions by Type of Activity (continued)
Proe' Trade;
Settlemenl Trance:lion
Date Dote Adivity Type Desaiption Quality Price Acaued Interest Amount Currency
Securities Bought and Sold (continued)
02/11/18 02113/18 SOLD SHORT PUT AO SFORS8P 500 ETF TR TR UNIT EXP -100.000 2.6170 25.86339 USD
990AM DCAO 4-20 -130240.000 OPTION ROOT= SPY OPENING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
02/20/18 02/16/18 SOLD SHORT CALL DO GILEAD SCIENCES INC EXP 03.9.9082500 OPTION -125 000 1.3612 16,634 60 USD
9904100PD ROOT= GILD OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
02/20/18 02116/18 SOLD SHORT PUT DO GILEAD SCIENCES INC EXP 03-S43077100 OPTION -125.000 0.9494 11.736 72 USD
990ALOOGV1 ROOT= GILD OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
02120/18 YOUR OPTION EXPIRED PUT DO GILEAD SCIENCES INC DP 02.9.9075.000 OPTION 125.000 0.00 USD
990ALBC.6 ROOT= GILD GILD CLOSNG TRANSACTION
02120/18 YOUR OPTION EXPIRED CALL DO GILEAD SCIENCES INC EXP 02-9.9082.500 OPTION 125.000 0.00 USD
990ALHGAC ROOT= GILD GILD CLOSNG TRANSACTION
02/20/18 YOUR OPTION EXPIRED CALL DO !SHARES INC M SO SOUTH KOREA ETF DIP -2.000 0.00 USD
990AM EEKO 02-5.9079 000 OPTION ROOT= EWY EWY CLOSING
TRANSACTION
02/21/18 02116118 PURCHASED BERKSHIRE HATHAWAY INC DEL CL A UNSOL AVERAGE UNIT 3.000 306.993.3333 ,921,086.00 USD
BRK A PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
02/21/18 02/16118 SOLD DFB HEALTHCARE ACOUISTIONSCORP UNIT 1COM 8 13 W TS -1,800.000 10.0100 47.848 89 USD
DFBHU EXP 2023 UNSOLICITED ORDER
02/21/18 02/16/18 PURCHASED DFB HEALTHCARE ACOUISITIONSCORP UNIT 100M 8 13 W TS 4,800 000 10.0000 -48.00000 USD
DFBHU EXP 2023 PROSPECTUS UNDER SEPARATE COVER
02/21/18 02116/18 SOLD DOMINION ENERGY M IDSTREAM PRTNRS LP COM UNIT REPSTG 4.600.000 26.0152 171.426.48 USD
ON LTD PARTNERSHIP INT UNSOLICITED ORDER AVERAGE UNIT
PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
02121/18 02/16/18 PURCHASED DOMINION ENERGY MIDSTREAM PRTHRS LP COM UNIT REPSTG 6.600.000 25.5500 -168,630.00 USD
ON LTD PARTNERSHIP INT PROSPECTUS UNDER SEPARATE COVER
02/23/18 02/22/18 PURCHASED PUT 130 MN SSP 500 ETF TR TR UNIT 61P 03.9.4245.000 100.000 0.6382 .6,488.00 USD
990AILYM 3 OPTION ROOT= SPY CLOSING TRANSACTION UNSOL
EXCHANGE LISTED OPTION
02123/18 02/22/18 SOLD CALL DO SPDR SIP 500 ETF TR TR UNIT EXP -100.000 2.4410 24,103.43 USD
990AM A627 03-5.10274.000 OPTION ROOT= SPY CLOSING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
02123/18 02/22/18 SOLD CALL 100 SPDR S&P 500 ETF TR TR UNIT EXP -100.000 3.5315 35.008.18 USD
990AM DB9J 04-20-10276.000 OPTION ROOT= SPY CLOSING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
02/23/18 02/22/18 PURCHASED PUT HO SPOR SIP 500 ETF TR TR UNIT EXP 100.000 1.1156 -14,462.00 USD
990AM DCAO 04-20-10240 000 OPTION ROOT= SPY CLOSNG
TRANSACTION UNSOL EXCHANGE LISTED OPTION
Page 22 of 28
Th Accoui rebmulM Rated halls. Clewing through Penh's; 11C. • Say ogmai
acorn hay Year Since1007 satddlary a The in a New Vat Melba
CONFIDO. L4 DALIAR INTIDCOMMUNICATIONS Corp./melon OM Mellon)
DtallINC( llC. averrate Facee.%41)1aPM-00046718
CONFIDENTIAL - PURSUANT TO FED. R. CRAM. P. 6(e) DB-SDNY-0009542
EFTA_00 157327
EFTA01289690

PA Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
,ebruary 1,2018 - February 28,2018
SOUTHERN RNA NCIAL LLC
Transactions by Type of Activity (continued)
Procure Trade;
Settlement Transaction
Date Dale Adivity Type Description Quantity Price Aimed Interest Amount Wang
Securities Bought and Sold (continued)
02/26/18 YOUR OPTION ASSIGNED PUT DO GENERAL ELECTRICCOCOM DP 03-46405000 25.000 0.00 USD
990AK5CSO OPTION ROOT: GE GESO CLOSING TRANSACTION
02127/18 02123/18 PURCHASED GENERAL ELECTRIC CO CAM ACCT OPT ASSIGNED 2.500 000 18.0000 -45,106.00 USD
GE
02127/18 REINVEST CASH INCOME .PMORGAN FLOATING RATE INCOME FUND CLASS I 1015 304 4,543.86 USD
PHSX 323920970 SH RS SHRS PURCH AT 5940000 RD 02/23PD
02127/13
02127/18 YOUR OPTION ASSIGNED PUT 90 GENERAL ELECTRIC CO COY EXP 034•90E.000 25.000 0.00 USD
990AK5CSO OPTION ROOT: GE GE•93 CLOSING TRANSACTION
02/28/18 02126/18 PURCHASED GENERAL ELECTRIC CO CAN ACCT OPT ASSIGNED 2.500 000 18.0000 -45,106.00 USD
GE
Total Securities Bought and Sold - U.S. DOLLARS 0.00 -909,533.20
Dividends and Interest
02/02118 CASH DIVIDEND RECEIVED 3000000 SOUTHERN CALIF EDISON CO PREF SERE 6 250 % 93,750 00 USD
842400 FU2 0417162B/E OTC 0117/2 CLB RD 0115 F002/0111
02115/18 CASH DIVIDEND RECEIVED 214000 SH RS APPLE INC COM RD 02/2 PD 02! 151E 134.820 00 USD
AAPL
02115/18 BOND INTEREST RECEIVED 80000 SHRSGM AC CAP TR I GTD TR PFD SECS SER 2 CPN- 36,804 40 USD
ALLY PM 8.25% FRED ORTLY M ATM 2/ Si 20 40 CALL ANYTIME 025
W/30 DAYSBEGINS02/61S RD 02/14 PD 021151E
02/20118 CASH DIVIDEND RECEIVED 3000000 CITIGROUP INC FXD RT SR NT PERP D EP RECPT 89,250 00 USD
17296725 5950% 0816/88 BS E DTO 08/12/6 CLB RD 02/14 PD 021151E
02126/18 BOND INTEREST RECEIVED 290000 WASHINGTON M UT M TG SECS CORP 2004 4A2 M TG 2.829.73 USD
939336S20 PASSTHRU CTF CI. C-91VAR RATE 6 998% 07/25/33 DIE DTD
06/0104 RD 0131P D 02/2511
02127/18 CASH DIVIDEND RECEIVED .PM ORGAN FLOATING RATE1NCOME FUND CLASS I 9,543.86 USD
PHSX 323920970 SH RS RD 02/23 PD 021271E
02/28/18 MONEY MARKET FUND DEUTSCHEGOVT CASH 4.980.71 USD
INCOME RECEIVED
PER232045
Total Dividends and Interest - U.S. DOLLARS 0.00 371,978.70
Page 23 of 23
Account tlumbeil ll=
4 Rated Gallo* Clewing liner PaganI IC a *lay owned
bay vex Since 2007 Salary of The lank oi New Vat Mellon
CONFID DALIARPATEDCOINAUNICAllONS Commotion OM Alden) ......... , im, A
LICallMa PeOintltC.inente F ihitn.ilWq - 00046719
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009543
EFTA_00 I 57325
EFTA01289691

Transactions by Type of Activity (continued)
Oetle; Trade;
settlement TransKtion
Crete Date Activity Type Description 0uentay Price Accrued Interest Amount Omenq
Distributions
02/26/18 RETURN OF PRINCIPAL 1290000 WASHINGTON al UT M TG SECS CORP 200 4-RAVA TG 501.52 USD
RECEIVED PASSTHRU CTF Cl C-B-I VAR RATE 6 998% 07/25/33 B/E DTD
939336520 06/0104 RD 0731PD 02/25113
02/28118 PARTNERSHIP DISTRIBUTION 263157 SHRS APOLLO GLOBAL IA GM T LLCCL A SHSRO 0 2/21P0 173,683 62 USD
APO 02/28113
Total Distributions - U.S. DOLLARS 0.00 171,185.11
Fees
02/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSP. G4 634 li• S•9 -2.00 USD
HBCYF
02/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSP'. (36636C4-7 -2.00 USD
LONKF
02/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSP. G66313.10. 0 -2.00 USD
NDGPF
02/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSIR. A7070-8.0 -200 USD
NCTKF
02101/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSP. 553435.0.3 -2.00 USD
NAPRF
02/0 1/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 20 13 CUSIR YO 00 4 F- t -5 -200 USD
ZTCOF
02101/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSP Y01373.0.2 -2.00 USD
AHCHF
02/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSP YO 698A-13-7 -2.00 USD
BACHF
02101/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CURF'. YR36413-8 -2.00 USD
CCCGF
02101/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 208 CUSP. Y20958.134 -2.00 USD
DNGFF
02101/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 20s cuar.. Y9 5314/0.9 -200 USD
WEICF
02/01/18 FOREIGN CUSTODY FEE Fgn Safekeeping AN 20s CUSP. Y9892N-8.4 -2.00 USD
ZHUZF
Total Fees - U.S. DOLLARS 0.00
Page 24 of 23
Account Numb Rated tiarlivn Clewing through Pecsb n (IC. • 01Way0W1104
eteilitla1411 L4 trey Yew Since 2007 sobsidiary of TM Bonk el Mew torn Mellon
CONFIDO. OMAR RATED COMMUNICATIONS Ono-ream (MY Mao) rn.
EXCULINCI Pelting U.C. frt./ ,fljVLE19,"—C-"46740
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009544
EFTA_00 157329
EFTA01289692

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
,ebruary 1, 2018 - February 28, 2018
>GUTH ERN FINA NCIALLLC
Transactions by Type of Activity (continued)
ProttSS Trade
Settlement Transaction
Date We Activity Type Desaiption Outlay Price Accrued intern Amnia Cunenq
Cash Withdrawals and Deposits
02114/18 FEDERAL FUNDS RECBVED DEUTSCHE BANK TRUST 00050 128,000.00 USD
USD999997
02/14/18 FEDERAL FUNDS RECBVED DEUTSCHE BANK TRUST 38341 24,000.00 USD
USD999997
02/16118 FEDERAL FUNDS RECBVED DEUTSCHE BANK TRUST 07709 78,000.00 USD
USD999997
Total Cash Withdrawals and Deposits-U.S. DOLLARS 0.00 228,000.00
Total Value of Transactions 0.00 -135,393.38 USD
The price and quantity displayed may have been rounded.
Fixed Income Analysis
Bond Quality Bond Maturity Schedule
S of Bond %ol Bond
Bond Murky Meat Vane Maker Vales
Bond oualily Market Value Market Value Percent or Fixed Income
A 2,274,195.90 9% : 59 IMI 1t o 5 years 1,017,500.00 4%
BAA 8,184,750.00 33% 08 to 10 years 4,281,500.00 17%
• Over 10 years 19,639,825.22 79%
BA/ Lower 14,030,083.75 56%
Not Rated 449,815.57 2% Total 24,938,825.22 100%
Total 24,938,825.22 100% 0 20 40 60 80 100
Percentages of bond market values are rounded to the nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Page 25 of 28
Account Number:
FortedUcOlem OwingdmerhnloWIC•awkwmod
bereetarSime2007 sobsamoMmkekaNm*AMOcon
CONFIDOP AL- ommenagocimtiawocmrnm ConoWboORWAMMO
uctuma 00046721
Peri.i nxilCnitrAttomuskigeSozena_
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-000954S
EFrA_00157330
EFTA01289693

Trades Not Settled
Settlement Trade Activity Aimed Settlement
Dole Dale TYP. Deuription Quantity Price literal Amount
03/02/18 02128118 Bay BRIGHT SCHOLAR ED HLDGS LTD SPONSADR 7,900.000 19.0000 0.00 -160,100.00
ISDN USD9991391PROSPECTUSUNDER
SEPARATE COVER
03/02/18 02128/18 Sell BRIGHT SCHOLAR ED FROGS LTD SP3NSADR -3,900.000 18.2080 0.00 71,198.55
(SINS USV9199918KCII A PERSHING
AFFILIATE M AKES A MKT IN THIS SECURITY
& ACTED AS PRINCIPAL UNSOLICITED ORDER
AVERAGE UNIT PRICE
03/02/18 02/28/18 Sell ENDOCYTE INC COM BKCM A PERSHING 4,100.000 5 3379 0.00 1,888.88
AFFILIATE MAKESA MKT IN THIS SECURITY
& ACTED AS PRINCIPAL UNSOLICITED ORDER
AVERAGE UNIT PRICE TRANSACTION
YOUR BROKER
03/02/18 02128118 Buy NMI HLDGS INC CL A 1,400.000 19.7500 0.00 -27,850.00
PROSPECTUS UNDER SEPARATECOVER
03/02/18 02128/18 Sell NMI HLDGS INC CL A -1,400.000 20 6500 0.00 23,303.33
UNSOUCITED ORDER ALLOCATED ORDER
YOUR BROKER ACTED AS AGENT
Total Amount of Trades Not Settled 481,381.24
Client Service Information
Your Investment SpedakitENJ Contad Information
JOSHUA SHOSHAN Telephone Number:
280 PARK AVE- 3R0 FL
NEW YORK NY 10017
Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for M utual Funds. First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
Page 26 of 28
Account NumbI IIII.r ^ Rated (.O41ent Clearing throve. PeakingI IC nobly evened
: F.: ,-,:. , (n ben/ Mat Sat 2O07 sobsidiary of The Bonk NN eu Wolt Mellon
CONFID AL- DALBAR RATED COMMUNICATIONS CarporatIon (MY Mao)
EXCILLINCE Per Oinx 11.C.nwetan rimitA.SR4Vecerk00046722
CONFIDENTIAL — PURSUANT TO FED. R CRAM. P. 6(e) DS-SDNY-0009646
EFrA_00 157331
EFTA01289694

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
February 1,2018 - February 28,2018
SOUTHERN FINANCIAL LLC
Your Account Information (continued)
ELECTRONIC DELIVERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information.
Important Information and Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial Institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institution. It acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents. the
acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, where applicable; the rendering of investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement.
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can bet n nh it t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department,
One Pershing Plaza, Jersey City, New Jersey 07399; Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court.
Page 27 of 28
Accoent Ntrnbern=
Rated hottlent Clewing through Pen*, IIC ea.* evened
WM) L Every Yet Since 2007 Mold's." of The kelt N New Vat Make
CONFIDO. DALIAR RATED COMMUNICATIONS CPeoro,poratIon (My Mellon)
EXCELLENCE 11.C.nler-tan on)
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009547
EFTA_00157332
EFTA01289695

Important Information and Disclosures (continued)
Important Arbitration Disclosures (continued)
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto. shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the clan is decertified; or
(Ill) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399;
Page 23 of 23
AeCounl C Rated Galls. Clewing through Pasha,. LLC. a %lag owned
MINMIUM ag L bery Year Since 2007 sebsidiary of The Mak col Mew York Mellon
CONFID DAUM PATEDCOMMUNICATIONS Corporation (ltly &Woo) ,..,.. ,,
LXCUltha Firsitintlt.C.reembw F itiltA. tioigilfra.‘40- 00046724
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009548
EFTA_00157333
EFTA01289696

a
Deutsche Bank Dtutviv Lint Prink. Marl/, Mon.etmen
Marini (overact C400.:
Devtiche Oar* Stmeitini
P.O. Box 1776, Baltimore, MD 21203 POW net c4ke
345 Pvt. Ammo. 3611 Flow
MW IS
Tall3roe
Cote
January 1,2018 - January 31,2018
Account Number:
SOUTHERN FINANCIAL LIS
6 10 0 RED HOOK QUARTER B3
ST THOMASVI 00802
Portfolio at a Glance
ThisPuled YeareaDalt
Your Investment Specialist. BEGINNINGACCOUNT VALUE $97,272,547.37 $97,272,547.37
JOSHUA SHOSHAN No Cash Deposits ard Withdrawals 402,492.70 402,492.70
Adjusted Previous Account Value 96,870,054.87 96,870,054.67
Dividends. Interest and Other Income 121,908.33 121,908.33
Other Transactions •24.00 44.00
Net Change in Portfolio' 3,121, 252 08 3 121,252.08
ENDINGACCOUNT VALUE $100,113.191.08 $10tt'
Accrued Interest 5473 454.75
Estimated Annual Income 53.171.234.20
'Net Change in Portfolio is the difference between the ending account value and
beginning account value after activity.
Asset Summary
Nam meet Type Prior Year-End last Period Ibis Period
5% Cash, Money Funds, and Bank Deposits 623,820.96 823.820.96 5,052,788.03
j= 25% Fixed Income 26,083,419.22 26,083,479.22 25,235,883.11
64% Equities 60,899,388.97 60.899.388.97 83,639,334.70
D 3% M utual Funds 3,020,938.22 3,020,938.22 3,057,397.24
• 3% Exchange-Traded Products 6,444,920.00 8,444,920.00 3,127,830.00
100% Account Total (Pie Chart) $97,272,647.37 $97,272,547.37 $100,113,191.08
Please review your allocation periodically with your Investment Specialist.
Pagel of 2
Co'NFIDFITTAL4- Wed ticellent Cleannlokrough Prawn. IX aulanven441
beet Teat Since 2007 subslaey of The Bank *film Vat Melee
eDAx{aV uAtRt iMc4T V) COMMUNICATIONS C449444tIon (MY Melloil)
Per33.4411.C.m43-to 3113.44.g4 11434GM_00346725
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009549
EFTA_00I57334
EFTA01289697

Summary of Gains and Losses
Rested
TbisPerlod Yeat-to-Dele Unrealized
Short-Term Gain! Loss 1,047,824.27 1,047,824.27 1,247,694.98
Long-Term Gain/ Loss 718,901.27 718,901.27 9,347,286.80
Net Gain/ Loss 1,768,725.54 1,768,725.54 10,594,981.18
This summary excludes transactions where cost basis information is not available.
For Your Information
The European Central Bank (the ECB' ) and other credit institutions Introduced negative interest rates' Negative interest expense may be charged to your account if you have a
deposit of foreign currency. The interest will be reported on your Forms 139 9 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the
future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances.
Exchange Rate Table Global Cash
Carroty Closing Amount in
Quincy USD Equivalent per USD Caning Bdanca Base Cunene/ USD
BRITISH POUND 1.4218 0.7033 HONG KONGDOLLAR 42,782.40 5,470.03
HONG KONG DOLLAR 0.1278 1.8212 JAPANESE Y84 -267.00 4.46
,b1PANESE YEN 0.0091 109.1400 Total Global Cash Balance 65,467.58
RANO 0.0842 11.8701
Exchange rates are based on interbank exchange rates as of 0V 31/ 20*. Exchange
rates can vary.
Money Market Fund Detail
Date Anklly Type Description Amount SIMMS
Sweep Money Market Fund
DEUTSCHEGOVT CASH INSTL
Current Yield: 124% Activity Ending: 0 V 31/ 18
12730/17 Opening Balance 787.283 53 787283.53
01102/18 Deposit MONEY FUND PURCHASE 36.539 80 823,823.33
01/03/18 Withdrawal MONEY FUND REDEMPTION -24.00 823,799.33
01710/18 Withdrawal M ON EY FUND REDEMPTION 401,269,00 722530.33
01711/18 Deposit MONEY FUND PURCHASE 30.247.17 752.777 50
01112/18 Withdrawal MONEY FUND REDEMPTION 49.000 00 703.777 50
01118/18 Deposit MONEY FUND PURCHASE 49.090 86 752.888.36
01/17/18 Deposit MONEY FUND PURCHASE 49,666 67 802,535.03
01/18/18 Withdrawal MONEY FUND REDEMPTION -94,561.21 707,973.82
01123/18 Withdrawal M ON EY FUND REDEMPTION .248.147 07 459,826.75
01124/18 Deposit MONEY FUND PURCHASE 228.380 80 688,207.55
Page 2 of 27
Account Hurnbe
Rabid Exottlent Clewing through kohl% LLC. eulogy evened
(very Year Since 2007 SASEs" of The Usk ether Yak Mellon
CON FIDOP AL- DALIAR RATIO COMMUNICATIONS Ono-atlas (IINY Melba)
EXCELLENCE Perchnx LIC.nwriptc HuRAAVVELGM- 00046726
CONFIDENTIAL - PURSUANT TO FED. R CIRrIcl. P. 6(e) DI3-SDNY-0009550
EFTA_00157335
EFTA01289698

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
January 1,2018 - January 31,2018
SOUTHERN FINANCIAL LLC
Money Market Fund Detail (continued)
Date Activity Type Descsiptidi Amount Banta
Sweep Money Market Fund (continued)
DEUTSCHEGOVT CASH INSTI. (continued)
01128/18 Withdraw al MONEY FUND REDEMPTION 485,065.08 203,142.47
01129118 Deposit MONEY FUND PURCHASE 2,936,251.75 3,139,394.22
01130/18 Deposit MONEY FUND PURCHASE 1,789,041.70 4,928,435.92
01131118 Deposit MONEY FUND PURCHASE 1,156.25 4,929,592.17
01131/18 Deposit INCOMERI3NVEST 1,087.53 4,930,679.70
01731118 Closing Balance $4,930,679.70
Total All Money Market Funds 54 A30,679.70
Income and Expense Summary
Oarent Period Yemeo-Oale
Baal* Non Taxable Trouble Moo Taxable
Dividend Income
Equities 5,413.06 0.00 5,473.06 0.00
Money Market 1,087.53 0.00 1,087.53 0.00
Other Dividends 10,682.78 0.00 10,682.78 0.00
Interest Income
Bond Interest 104,664.96 0.00 104,664.96 0.00
Total Dividends, Interest, Income and Expenses $121,908.33 50.00 5121,908.33 50.00
Distributions
Other Distributions 0.00 27,129.33 0.00 27,129.33
Total Distributions $0.00 $27,129.33 $0.00 $27,129.33
Portfolio Holdings
U.S. DOLLARS
Account AdNity Owning Going Awned Income 30-Day Dwell
Opening Date Duality Number Ending Balance Blanco Income This Yes Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Cash Balance 7,000.00 0.00
Page 3 of 27
Account Number:
Rated Excellent Clewing Itinatigh Fenian EEC *whole evened
L Every Yes, Since 20O7 sotaldlary a The leak a New Yak Mellon
CONFIDO. DALIAR RATED COMMUNICATIONS Caoporatfan (MY Mellon)
EXCELLENCE Pertetne RC. mernan Fteata.flAnliGM-00046727
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009551
EFTA_00157336
EFTA01289699

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
AcccnM Madly Opening awing Accrued Income 30-Day Nett
Opening Date Ciumtity Number Biding Balance Mem Income Maur Yield Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS (continued)
Margin Balance 29,539.80 116.618 75
Money Market
DEUTSCHE GOVT CASH INSTL
12730/17 4,930,679.700 N/A 01/31/18 787,28353 4,930,679.70 0.00 1,087.53 1.23% 124%
Total Money Market $781283.53 $4,930,679.70 $0.00 81,087.63
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $823,823.33 $5.047,298.45 $0.00 $1,087.53
Adjusted Unrealized *caved Bilmated Billmated
Cute Acqtdred Quantity UnN Col Cost Bets Market Prim Market Value Gain. Lott literal Annul Income Yield
FIXED INCOME (In Maturity Date Sequence)
eAsset Backed Securities
WASHINGTON IA UT M M SECS CORP 2004-RA2 Security Ideitthe 939336520
TG PASSTHRU CTF CL GB-19AR RATE
6.999%07125/33 WE DTD 0610104
Factor. 037613200 Effeclive Date:0/02/13
Current Face Value: 485211280
12/13/13'.1° 1,290,000.000 76.5190 371,276.14 93.7350 454,811.86 83,535.72 2,830.14
Original Cost Basis: $638,906.71
Total Asset Backed Securities $371,276.14 $454,811.86 $83,535.72 82,830.14 $0.00
1,290,000.000
Total Current Face Value:485,210.280
Corporate Bonds
CITIZENSCOM MUNICATIONS CO SR Security Identifier 174538AW I
NT FULLY EXCHANGED FROM 17453BAX9
7.125%031t11 WE DID 03/23/071400dy Rating 93 58 P Rating
8
10/03/17 1.000.000.000 100.0790 1.000.193.03 100.8750 1.008.750.00 7,956.97 26.91667 71,250.00 706%
Original Cost Basis: 5100100600
BARCLAYS 8K PLC CONTINGENT CAP NT Sealy Identilia:06739FHKO
INNS US06739FHK037.750% 0411123 WE
DM 0419/13 CALLABLE 04/1/158 P Rating 88.
04103/13'•°° 300,000.000 100.0000 300,000.00 100.6500 301,950.00 1,950.00 7.168.75 23.250.00 769%
Original Cost Etas $300.000.00
Page 4 of 27
Account
Rated EiSlent Clewing through Mire I1C naoly evened
Ngrcustrm ber Every Year Since 2007 stosidiary of The kelt a New Vat Mellon
CONFIDO. DALIAR RATIO COMMUNCAT IONS CarporatIon (MY Mellon)
Vtall INCI Per thnx 11.C. mertatt rrrertAAtlioteGM-00046728
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009552
EFTA_00157337
EFTA01289700

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
January 1, 2018 - January 312 018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Accrued Estimated Estimated
Date Acquired Quantity Unit Cost Cud Basis Market Rice Market Value Gain'loss Interest Annual Income Yield
FIXED INCOME (continued)
Corporate Bonds (continued)
EXELA INTER LLC1 EXELA FIN INC GTD Security Identifier 30162RAA9
FIRST PRIORITY SR SECO NT 144A
0100% 0716/23B/EDTD 07/12/17 CLBIloody Riling 6358 P
Rating B
10/24/17 2.000.000.000 97.0250 1.940.506.00 98.7500 1.975.000.00 34.494.00 8.888 89 200.000.00 10.12%
Original Cost Basis:51940,506.00
IISINVTS GM BH GTD SR NT Security !dent A29866A85
REG S ISINt VS429866853
7250%04/03/24 BIE DTI) 04/03/145 8 P Rating B
10/31117 2,000,000.000 99.0650 1,981,300.00 100.2500 2.005.000.00 23)00.00 47125.00 145,000.00 7 23%
Original Cost Basis: $198t300.00
SERVICEM ASTER CO NT 7250%03/0118 WE Security Identifier 81760NAB5
DTD 01/02/98 BT CPN DTE 09/0198
CPN PUT SEMI ANNUAL ON MAR 01AND SEPO Woody Rating
El2 S P Rating B
10/18/17 1.000.000.000 103.9750 1,039,753.19 102.5000 1,025,000.01 -14,753.18 30,208.33 72,500.00 7.07%
Original Cost Elas 51040.006.00
10/19/17 350.000.000 103.9770 363.920.10 102.5000 358.749.99 -5.170.11 10.572.92 25.375 00 7.07%
Original Cost Basis:5354,006.00
10/20/17 80.000.. 83.186.54 102.5000 81.999.99 -1.186.55 2.416.67 5.800 00 7.07%
Original Cost Basis:583206.00
10/31/17 70,000.000 103.9860 72.790.36 102.5000 71.750.01 -1.040.35 2,114.58 5,075.00 7.07%
Original Cost Basis: $72.806.00
Total Covered 1,500,000 000 1,559,650.19 1,537,500.00 -22.150.19 15,312 50 108.750 00
Total 1,500,000.000 81,559.650 19 81,537,500.00 422,150.19 $45,312.50 $108,750.00
,PM ORGAN CHASE& CO DEP SHSREPSTG Security Identifier. 466251111A1
10TH PFC SER1FIXED TO RIG RT BD
7.900%04/29/49 EVE DID 04/23/08Moody Rating BAA3 S & P
Rating BBB-
06/15/11 •'?° 2.500.000.000 107.5000 2,687,500.00 101.3750 2,534,375.00 -153,125.00 49,315.00 197,500.00 7.79%
Page 5 of 27
Account Numb
Rated banal Oaring through kohl% Inc. • Say °mai
etc:sum:ix L bay Yea Since 2007 sataldlary of The in a New Yak Melba
CONFIDO. DALIARPATEDCOMMUNICAllONS Carporatfon (MY Mellon) a r . ,.., a
LXCWINCE PesPint U.C. ...enter FINIZDA.r sr Nm y: oo0o o049 657 52 9 3
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e)
EFTA_00157338
EFTA01289701

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjuged Unction:ad Accrued Estimated Banal ed
Dale Acquired Quantity Unit Coal Cod Brio Market Price Market Value Olin floss Merest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
PM ORGAN CHASES CO DEP SHSREPSTG (continued)
Original Cost Basis: 52.887.500.00
06/15/11 ..3n 2.500.000.000 107.0000 2.675.000.00 101.3750 2.534.375 00 4 40.625.00 49.375.00 197.500.00 7.79%
Original Cost Basis:52,675.000.00
Total Noncovered 5,000,000 000 5,362,500.00 5,068,750.00 ,293,750.00 98,750.00 395,000.00
Total 5,000,000.000 $5,362,500.00 55,068,750.00 4293,750.00 $98,750.00 $395,000.00
BANK AM ER CORP PERP NON COM ULATIV E DEP Security Id eatifier 060505018
SHS FIXED TO FLOAT 8.25% 04/30158 WE
DID 04130/08 CALLABLE05/2/SM oody Rating BA2 58 P
Rating BBB•
01/10/11',1i2 2,000,000.000 102.7500 2,055,000.00 101.9020 2,038,040.00 -16,960.00 34,305.56 162,500.00 7.97%
Original Cost Basis: 52955000.00
SOUTHERN CAUF EDISON CO PREF SER E Secure). Ident Bier: 842400 FU2
6 250% 0TV/62 WE DID Of 1712
CALLABLE02/011220 20 0002 ood y Raring BAA1Sil P Rat mg
BBB-
01130112.'312 3.000.000.000 99.8820 2.996.457.46 107.3750 3.221.250.00 224,792.54 93,750.00 187.500.00 5.82%
Original Cost Basis: 52,992,58497
GENERAL BIC CO GTD FXD-TO-FLTGRT Security Identifier: 359604624
NON-CUMULATIVE PERPETUAL PREFERRED
4.000% 2103/65 FtEG DID 12/03P6Moody Rating A358 P
Rating BBB•
12/03115' 2.469.000.000 88.0930 2.175.016.17 95.0000 2.345.550 00 170.533 83 12.619 33 98.760 00 4 21%
Original Cost Basis:52,175.01.17
5LLOYDS8ANKING GROUP PLC FXD RATE RESET Security Identifier 539439A04
AUDI TIER 1SECS 'SINS US539439AG42
7.5009E 04/27/88 WE DTD 04107/1138 P Rating 68-
Please Piovide • 1,903.000 000 NIA Please Provide 112.8750 2,148.011 25 N/A 13.479 58 142.725 00 664%
Original Cost Basis: Please Provide
CITIGROUP INC FXD RT SR NT PERP DEP RECPT Security Identifier. 17296725
5950% 081518881E DTD 09112/2
CALLABLEOBIS/200 D0.0002oodyRatikg6A2SIPRiling
BB•
08106115 3,000,000.000 100.0000 3,000,005.99 104.3750 3,131,250.00 131.244.01 82,308.33 178,500.00 5.70%
Page 6 of 27
Account Nutt Rated Gallen. Clewing through Pasha U.( avvialy evem4
bay Yea Sine 2007 sttaldiary a me kek a New Yak Mete
CONFIDO. L DALIARPATILDCOMMUNICATIO16 Corporation (MY Mellon) a ....‘, ....,
Caltha Porfitint UK. reenor Fi lvRA.4tWl UPm _00046730
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009554
EFTA_00 157339
EFTA01289702

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
January 1,2018 - January 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Adjusted Unrealized Awued Estimated Eslimaled
Cale Acquired Ousatity Unk Cod Cod Bads Mind Price Market Value Gainfloss Interest Annual Income Yield
FIXED INCOM E (continued)
Corporate Bonds (continued)
CITIGROUP INC FXD RT SR NT PERP DEP RECPT (continued)
Original Cost Basis: $3.000,006.00
Total Corporate Bonds $22,371,228.84 $24,781,051.25 8281,811.16 $470,624.61 $1,713,235.00
24,172,000.000
TOTAL FIXED INCOM E $22,742,504.98 $25,235,863.11 $345,346.88 $473,454.75 $1,713,235.00
25,462,090.000
Unreeized Ellkaded UMW
Date Adniked Oveatky Unk Cod Cod Buis Market Rife Merkel Value GehdLOIS AIMS Inane Yield
EQUITIES
Common Stocks
BROADCOM LTD SHS (SINS 939999011823 Security Identifier AVGO
Dividend Opl ion: Cash WSW Y0982713
09129/17 485,814 78 248.0300 496,060.00 10.245 22 14,000.00 282%
10/13/17 2,000 499,976 68 248 0300 498,060.00 -3 916 68 14,000.00 282%
Total Covered 4,000 000 985.791 46 992,120.00 6 328.54 28,000 00
Total 4.000 000 $985.791.46 $992.120.00 $6 328.54 $28.000 00
ADVANCED MICRO DEVICES INC COM Security Identifier AMC
Dividend Option: Cash CUSP. 00790307
50.00000 of these shares are is your margin account
09/15117 20,000.000 12.2810 245.612 36 13 7400 274.800 00 29.187 64
12/15117 30.000.000 12.2300 366,912 57 13 7400 412 200 00 45,287 43
Total Covered 50,000 000 612,524 93 687.000 00 74.475.07
Total 50,000 000 $612 524 93 $687,000 00 $74.475.07 $0 00
ALIBABA GROUP BLDG LTD SPONSORED AOR Security Identifier: MBA
ISINt USOS09W127 COW 0409W42
Dividend Option: Cash
08/10/15 5,000.000 88.9500 444.749.00 204.2900 1.021,450 00 576.701 00
APOLLO GLOBAL II GM T LLCCL A SHS Security Wollner APO
Dividend Option: Cash CUSP. 03764306
Page 7 of 27
Account Numbt Rated Caotlient Clewing %Seer eadYC I1C newly evened
Every Year Since 2007 sabtlaitry of Me Beek a New Yen Mellen
CON FIDO. DALIAR RATIO COMMUNICATIONS Cerporatton (OM Mellon)
CJICILL MCC Pe„ Rine 11.C. merit./ imaiA,SRIOVELGM-00046731
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-0009555
EV1:4_00157340
EFTA01289703

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
Unrealized Estimated Estimated
Dale Acquired Quantity Unit Coq Cod Bala Market Price Market Value Oainitoss Annul Income Yield
EQUITIES {continued)
Common Stocks (continued)
APOLLO GLOBAL M GMT LIC CL ASK (continued)
03/29/11 '.13 263.157.000 19.0000 4.999.983.00 35.7500 9.407.862.75 4.407.879.75 486.840.45 5.17%
APPLE INC COM Security Ideetifier.AAPL
Dividend Oplion: Cash CUSIP: 03783300
12/07/17 214,000.000 169.8140 36,340,223.40 167.4300 35.830.020.00 ,510,203.40 539,280.00 1,50%
BASF SE SPONS ADR Securely Identifier BASFY
U$0552625057 CUSIP. 055262505
Dividend Oplion: Cash
04/13/15 20,000.000 25,4030 508,056.00 29.3000 586,000 00 77,944.00 12,092.12 2 06%
BIOGEN IDEC INC COM Security Ideatifiet BUB
Dividend Oplion: Cash CUSP. 09062X03
02114112'•3 2.095.000 110.2720 231.019.65 347.8100 728.661.95 497.642.30
CENTRE CORP DEL COM Security Identifier: CNC
Dividend Oplion: Cash CUSP. 0135691
09108114 15,550.000 63.6450 989,679.75 107 2400 1,667.582 00 677,902 25
FACEBOOK INC CL A Security Identifier FB
Dividend Oplion: Cash CUSIP. 30303M 132
05/17/12 t° 17.500.000 38.0000 665.000.00 186.8900 3.270.575 00 2.605.575.00
GILEAD SCIENCES INC Secatity Identifier. GILD
Dividend Oplion: Cash CUSP: 37555803
02105114 5,000.000 79.2810 396.407.00 83.8000 419.000.00 22.593.00 10,400.00 2.48%
03/07/14 3.100.000 79.6120 246.797.00 83.8000 259.780.00 12,98300 6.448.00 2.48%
10/24/17 4.400.000 80.0900 352.395.71 83.8000 368.720.00 16.324 29 9.152.00 2.48%
Total Covered 12,500.000 995,599.71 1,047,500.00 51.900.29 26,000.00
Total 12,500 000 $995,599.71 $1,047,500.00 $51,900.29 $26,000.00
VOU(SNAGEN A GADR (SPONS) Security Identifier: VLKAY
Dividend Oplion: Cash CUSP:928662303
04/13/15 5.000.000 50.8610 254.306.00 44.4400 222.200.00 42.106 00 1.706.59 0.76%
09/21117 24,000.000 34.1880 820.503.00 44.4400 1.066.560.00 246,057.00 8,191.66 076%
Total Covered 29.000 000 1,074.809 00 1,288,760.00 213,951 00 9,898 25
Total 29 000 000 $1,074,809.00 $1,288,760.00 $213,951.00 $9,898 25
Total Common Stocks $47,847,435.90 $56.527,531.70 $8,680,095.80 $1.102,110.82
Page 3 of 2 -
Account tiumbt
Rated ExtWiem Clown& tivough 'Want U.C. %lay ownS
trey Year Sint 2CO7 subuthary of The lank a New York Mellon
CONFID AL DALIAR RATED COMMUNICATIONS Corpontion(SNY Mellon)
pc...p.ng LIS% ,it,RA.gt".qgpM_00046732
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009556
EFTA_00 I 5734 I
EFTA01289704

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 212O3
January 1,2018 - January 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
reabze Eiltratei Ethr ate:
Date Acquired Quantity Unit Cost Cod Bans Market Price aO. et Value sir ,:ss Anr La! rxre Yielz
Kall IT IES {continued)
Preferred Stocks (Listed by expiration date)
GM AC CAP TR I GTD TRKD SECS SER 2 CPR- Security Identifier: ALLY PRA
815% FRED ORTLY MATT-02115/2040 CALL CUSP. 36180208
ANYTIME 025 WI30 DAYS BEGINSO2i bre
Dividend Option: Cash
02122112'° 80.000.000 23.5350 1.882.773.60 26.0200 2,081,600.00 198.826 40 147.216.00 7.07%
Total Preferred Stocks $1,882,773.60 $2,081,600.00 $198,626.40 6147,216.00
Options
PUT AO GILEAD SCIENCESINC Option Identifier: 99OALEICS
EXP 02.1.1075.000 OPTION ROOT= GILD Underlying Security Identifier. GILD
-25.00 of thesecontracts area short position Underlying Security Price. $83.80
01109118' -125.000 1.5640 -19.554.54 0.2700 4.375.00 16,179.54
CALL 130 GILEAD SCIENCES INC Option Identifier: 99OALHGAC
EXP 02.1.1082.500 OPTION ROOT= GILD Underlying Security Identifier. GILD
-2510 of theseO00MM area short position Underlying Security Price. $83.80
01109/18 -125100 1,2270 -15.340.63 3.4000 -42.500 00 -27,159.37
GALL 10 'SHARES INC MSCI SOUTH KOREA ETF Option Ident ifier: 99OAM EEKO
EXP 02.1.1079.000 OPTION ROOT= EVi Y Underlying Security Identifier. EWY
Underlying Security Pnce: $7824
01123118 2.000 0.6600 132 00 0.9300 186.00 54.00
CALL 130 SPOR SSP 500 ETF TR TR UNIT Option Identifier: 99OAILYLG
EXP 03-140270 000 OPTION ROOT= SPY Underlying Security Identifier: SPY
Underlying Security Pike $28190
12/11/17 900.000 2.9200 262,806.00 141700 1.293.300 00 1,030,494.00
PUT AO GENERAL ELECTRIC CO COM Option Idenlifier99OAK5CS0
EXP 03.5.101.000 OPTION ROOT= GE Underlying Security Identifier. GE
.250.00 of these conl iacts are a shod position Underlying Security Price: $1.17
01119118' •250.000 1.8220 -45.542.93 1.9900 49,750.00 4,207.07
Page 9 of 2'
Account Nimbi Rated CAWS..? Clewing theougli Penang LI.C. a %ea/owned
Stun L boy Year Since 2007 subsidiary al The Bank el New York Mellon
CONFIDO DALIMR *ATM COMMUNICATIONS Caporabon (MY Melba)
LXCILIAOKC Peraint llgarkente Fit.RA.M•iggillt IVI—Oum46733
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-OOO9557
EFTA_OO 157342
EFTA01289705

Portfolio Holdings (continued)
U.S. DOLLARS (continued)
nested Ealknated Edlmaled
OM, Acquired CuntHy Una Cost Cod bile Market Price Market V*, GM& Loss Annual Income Yield
EQUITIES (continued)
Options (continued)
CALL 10 'SHARES TR IISCI EM EKING LIKTS Option Identifier: 990ALIIRM
INDEX FD EXP06•E•11g55000 Undeilying Security Identifier EEM
OPTION ROOT: EDI Undeilying Security Pea $5103
01117118 2.400100 0.4400 105.60610 01200 220,800.00 115.194.00
CALL 130 SELECT SECTOR SPDR TR INDL Option 'dentine 990ALK9P5
EXP 061.1080 000 OPTION ROOT: XLI Underlying Security Identifier: XLI
Undeilying Securdy Price: $79.73
01109118 525.000 1.9290 101,269.00 2.7500 144,375.00 43,106.00
Total Options $389,374.90 $1,563,036.00 $1,173,681.10 $0 00
TOTAL EQUITIES $50,119,584.40 660,172,167.70 $10,052,583.30 $1,249,326 82
Umealzad Estimated Ealimaled
Date Acquired Quantity UnN Coll Cod Bads Market Price Muhl Value GskYlese Annual Income Yield
M UTUAL FUNDS
SMORGAN FLOATING RATE INCOME FUND Security ;MSC
CLASS I CUSP. 4821.51
Open End Fund
Dividend Oplion: Reinvest: Capital Gaits Option: Reinvest
09128117 318,809.777 9.4100 3,000,000.00 9.4600 3,015,940.49 15.940 49 114 108 39 3 78%
Reinvestments to Date 4,382.320 9.4070 41,225.76 9.4600 41,456.75 230 99 1,568 52 3 78%
Total Covered 323.192 097 3.041225.76 3,057,397.24 16 171 48 115.676 91
Total 323.192 097 53.041.225 76 $3.057.397.24 $16 171 48 $115 676 91
TOTAL MUTUAL FUNDS 63,041,225.76 53.057,397 24 116 171 48 6115 676.91
Unrealized Estimated Eslimaled
Dote Acquired Quality UnN Col Cost Bads MekN Price Market Value Gain Loss Annual mime Yield
EXCHANGE-TRADED PRODUCTS
ISHARESINC M SO SOUTH KOREA ETF *cur* kleatitim: EWY
Dividend Oplion: Cash: Capital Gains Option: Cash CUSIP 464286772
11103117 13.000.000 75.8460 985,996.98 78.2400 1.01712040 31.123 02 28,291.14 2.78%
ISHARESTRCHINA LARGE-CAP0T Securdy Identifier: FXI
Dividend Oplion: Cash; Capital Gains Option: Cash CUSIP 46428714
11103117 21,000.000 46.3690 973,747.44 52.6700 1 106 070.00 132 322 56 22,422.26 2.02%
ISHARESINC MSCI TAIWAN ETF Security Ideelifien:EWT
Dividend Oplion: Cash; Capital Gains Option: Cash CUSIP: 464346772
Page '0 of 27
Account Nun
Rated barllent Cleanng through PaflS 11Caulholy evened
Emmy Year Since 2007 stidiary of The Mak a New Vat Mellon
CONFID DAIIAR RATED COMMUNICATIONS CarpontIonaltlY Mellon)
LXCILL INCE Per thnx 11.C, met-to tirrenAMVELGM-00046734
CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) DS-SONY-0009558
EFEk_00157343
EFTA01289706

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
January 1, 2018 - January 31, 2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
U.S. DOLLARS (continued)
inr ealized Estimated Eslimaled
Date Acquied Quantity Unit Cod 0)11B ads Markel Mee Market Value CahrLoas Annual Income Yield
EXCHANGE-TRADED PRODUCTS (continued)
ISHARESINC M SCI TAIWAN ETF (continued)
11103117 26,000.000 37.9690 9117,205.46 38.6400 1604,640.00 17,434.54 28,491.55 2.83%
TOTAL EXCHANGE-TRADED PRODUCTS $2,946,949.88 $3,127,830.00 $180,880.12 $77,204.95
Unmated Acautd Welled
Cod Bads Mattel Vdue Golorlor Altered Annual Income
TOTAL U.S. DOLLARS $83,897,56347 $96,640,556.50 $10,594,981.78 $473,454.75 $3,156,531.21
BRITISH POUND
Ed dudi d
Onalplion Quality Market Rice Market Value Cuirency Mid
EQUITIES
Common Stocks
HSBC HOLDINGS PLC ORD MS 24,800.000 7.5717 187/7987 GBP
INNS 080005405286 286585.86 USD
Security Id Miner HSBAGEI
CUSIPG4634U159
Total Common Stocks 187,779.87 %P
266,985.86 USD
TOTAL EQUITIES 187,779.87 GBP
266.985 86 USD
Accrued
Mead Value Cdrenoi Interest
TOTAL BRITISH POUND 187,779.87 SOP 0.00
288,985.88 USD 0.00
Page 11 of 27
Account Humber Rithed Emilent Clewing *roar PersbngI IC nob* evened
L Emmy Year Since 2007 utak:limy of The Basket/4w Wolt Mellon
CONFIDO. DALIAR RATED COMMUNICATIONS Ono-saw (Ilta MOW
("CMI NCE Per I Finx RCFree-to imrAcrAMYreceM-00046735
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DI3-SDNY-0009559
EFrA_00157344
EFTA01289707

Portfolio Holdings (continued)
HONG KONG DOLLAR
Opening Cloging Accrued 30-Da y
Description Denny Balance Barna Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance 0.00 42,782 40 HKD
5,470.03 USD
TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 0.00 42,782.40 HKD 0 00
5,470.03 USD 0 00
Estimated Eslimaled
Descriplian Overlay Merkel Ka Market Value Cuirenq Annual Income Yield
EQUITIES
Common Stocks
LONKING HOLDINGS LTD SIM 710,000.000 3.5000 2,485,000.00 HKD 44.019.75 1.77%
ISNtKYG5636Ct78 317,724.29 USD 5,628.26
Security Id unifier: 3339:HK
CUSP. 65636C197
NINE DRAGONS PAPER HOLDINGS LTO SHS 144,000 000 12.1800 1,753,920.00 HKD
ISINt BM G653131705 224)50.91 USD
Security Id 2689:HK
CUSP: 6653189)0
ZTE CORP SHSH ISM CHEll 00004Y2 70,600 000 28.5000 2,012,100.00 110
Security Id eel Wier 76).HK 257261.03 USD
CUSP. Y0004 F135
ANHUICO/ICHESA ENT CO LTD SISK 52,500 000 43.1000 2,282,750.00 HKD 32 633 88 144%
ISNICNE1300001142 289,308.39 USD 417249
Security Idolater:911:Hk
CUSP: Y01373102
BANK OF CHINA LTD BEIJNGSHS H 512,000.000 4.7100 2,411,520.00 FWD
ISNI MS13000025 308.329.47 USD
Security Ideetifier.3988:HK
CUSP. Y0698AD7
CHINA COMM U NICATIONS CONSTRUCTION COMPANY 224,000.000 9.3400 2,092,160.00 HKD
LTD SHS H (SINS CHEW 0002F5 267,497.22 USD
Security Id edifier: SOO:HK
CUSP. Y113631)8
DONGFANG ELECTRIC CORPORATION LTD 150,200.000 7.4800 1,120,492.00 HKD
SHSH ISIS* CNE130000304 143282.71 MD
Security IdWilier t72:HK
CUSP. Y209581)7
Page 12 of 27
Account N2u:mtb: !.g„a
Rated Euratom desist through PerlinlIC nob* evened
L Erin Year Since 2007 Melds" a me talc a New Yak Mellon
CONFIDO. DALIAR RATED COMMUNICATIONS CaoporatIon (MY Mellon)
EXCILL INC I Per I hnx mento FtivRA.EIAVVOM-00046736
CONFIDENTIAL — PURSUANT TO FED. R CRIPA. P. 6(e) DB-SDNY-0009560
EFIA_00157345
EFTA01289708

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
January 1, 2018 - January 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
HONGKONG DOLLAR (continued)
Estimated Estimated
DemIptlee Demilly Market Prim Market Value Currency Annul Income Yield
EQUITIES (continued)
Common Stocks (continued)
WEICHAI POWERCO LTD SHSH 228.000.000 9.7800 2,229,840.00 HKD
ISMS CH930000419 285,100.55 USD
Seeurky Id unifier 2338:HK
CUS1P. 7053141:19
ZHUZHOU nm ES ELECTRIC CO LTD *IS 43,400.000 43.3000 1,879,220.00 HKD
-11- 'SIN. CHEV00004X4 240,271.43 USD
Secutity Id unifier: 3898:IIK
CUSP. 79892N134
Total Common Stocks 18,247,002.00 HKD 76,653.63
2,333,006.00 USD 9,800.75
TOTAL EQUITIES 18,247,002.00 HKD 76,653.63
2,333,006.00 USD 9,800 75
Accrued Estimated
Market Value Currency Interest Maui Income
TOTAL HONG KONG DOLLAR 18,289,784.40 HKD 0.00 76,653 63
2,338,476.03 USD 0.00 9,800 75
JAPANESEYEN
Opening Closing Accrued 30-Day
Description Nattily Balance Balance Currency Income Yield
CASH, MONEY FUNDS, AND BANK DEPOSITS
Global Cash Balance -267.00 267.00 JPY
4.45 USD
TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 467.00 •267.00 JPY 0.00
4.45 USD 0.00
Page 13 of 27
Account Number
Rated [smitten Clewing through Penh's*1 1C.• voila/ owned
c!): , trey Yew Since 2007 se:oldie, of The Usk a New Yfl Mellon
OMAR WED COMMUNICATIONS Carpont$a n (IINY Mellon)
EXCELLENCE Peri.' at 11.C. ',enter FINRA.M4412PA-00046737
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0009561
EFrA_00 157346
EFTA01289709

Portfolio Holdings (continued)
JAPAN ESE YEN (continued)
Estimated Eslimaled
Destription Clesnelly Markel Prim Market Value Cimino/ Maul Income Yield
EQUITIES
Common Stocks
NASTESCO 0311P TOKYO SHS LTD 6,300.000 5.150 0000 32,445,000.00 JPY 428,374.60 1.32%
Wilt P36529001 297261.09 USD 382560
Security Idestifier.6268:10
alSRS170701:10
Total Common Stocks 32,445,000.00 JPY 428,374.50
297,261.09 USD 3,925.00
TOTAL EQUITIES 32,445,000.00 JPY 428,374.50
297.261 09 USD 3,925.00
Accrued Bleated
Market Value Wrenn/ Intuese Maud Income
TOTAL JAPANESEYEN 32,444,733.00 JPY 0.00 428,374.50
297,258.64 USD 0.00 3,925.00
RAND
Esileuded Estimated
Oescription Quantity Mutate Price Market Value Currency Ansel loons Yield
EQUITIES
Common Stocks
NASPERS LIM ITED 170 2,000.000 3,382.4800 6,764,960.00 ZAR 11,599.94 0.17%
ISINt ZAE0000t889 589,914.06 USD 977.24
Security Id Wilier: NAPRE
CUSP: 55343593
Total Common Stocks 6,764,960.00 TAR 11,599.94
569,914.06 USD 977.24
TOTAL EQUITIES 6,764,960.00 ZAR 11,599.94
569,914.05 USD 977.24
Accrued Wanted
Market Value Clumpy Interest Armed Income
TOTAL RAND 6,764,960.00 ZAR 0.00 11,599.94
569,914.05 USD 0.00 977.24
Unrealized Accrued Estimated
Cod Beds Market Value Gainloes Inlets Annual Income
TOTAL PORTFOLIO HOLDINGS - U.S. $83,697,563.47 $100,113,191.08 $10,594,981.78 8473,454 75 83,171,234.20
DOLLARS
Page 14 of 27
Account Number:
Rated tacellent Oes.ng thsough Pershing LC* %act owned
Lary Year Since 2007 Wfri.dialY Of The Dank ig New WA Mellon
CONFIDO' DALIAR RATED COMMUNICATIONS Corporation OINY wilon)
uctunucc
PerIhng 11.C. nortx.
rimmAldleirrenGEA_0 0046738
CONFIDENTIAL — PURSUANT TO FED. R CRIN1 P. 6(e) DS-SONY-0009562
EFTA_00157347
EFTA01289710

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
January 1,20'18 - January 31,2018
SOUTHERN FINANCIAL LLC
Portfolio Holdings (continued)
Noncovered under the cost bases rules as defined below.
Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of
1986. as amended by the Emergency Economic Stabilization Act of 20 0 8. and are marked as "noncovered" Securities marked as "covered", were identified as securities potentially
subject to the cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost
basis will not be reported to the IRS.
Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the
taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may
be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain
circumstances. including those involving foreign bonds. bonds sold short or bonds issued with less than one year to maturity This information is meant as a general guide and you
should consult your tax advisor in the preparation of your tax returns.
3 The cost basis of this security has been provided to us by you or your introducing GM and Pershing makes no representation as to the accuracy of this information.
5 Unrealized gains and losses are not reported for securities for which cost basis or market value is not available.
The Current Face value represents the outstanding principal balance of the underlying security. The Current Face value is determined by multiplying the current factor times the original face
amount of the security. Factors may change over time and are obtained from sources we believe to be reliable.
'2 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section.
13 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information.
Holdings Summary by Currency
Exclungagaded
Omtency Usti Fixed Income Equities Mutual Funds Funds Total by Ontency
U.S. DOLLARS 5.047.298 25.235.863 60.172.167 3,057,397 3.127.830 96.640.556 USD
BRITISH POUND 0 0 187,779 0 0 187,779 GBP
HONG KONG DOLLAR 42.782 0 18247.002 0 0 18.289.784 HKO
APANESE YEN -267 0 32.445.000 0 0 32.444 733 JPY
RAND 0 0 6.764.960 0 0 6,764.960 ZAR
Total USO Equivalent 5,052,766 25,235,863 63,639.334 3,057,397 3,127,830 100,113.191 USD
% of Allocation 5% 25% 64% 3% 3% 100%
Page '5 of'_'
Account bombe
Redid Ezeollent Cleanng through ~Ins U.C. a.Mry owned
0:51Ifl220 boy Yew Since 2007 totsidiary of The Balk ei New York Mellon
CONFIDg DA/OARRATED COMMUNICATIONS Ceeporeben atly Melba)
DO:WINCE pot i,e (met« rimt4at".1X2PM_00046739
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009563
EFTA_00157348
EFTA01289711

Portfolio Holdings Disclosures
Pricing
This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market
prices. unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer. and may differ
from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total.
THEAS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATE DOES NOT EQUAL THE STATEM ENT DATE
Estimated Annual Figures
The estimated annual income (EAI) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or
guarantee of future results These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest
and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making
investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates. and prices remain constant. A capital gain or return of principal
may be included in the figures for certain securities, thereby overstating them. Refer to www pershing.coml disclosures for specific details as to formulas used to calculate the figures.
Accrued interest represents interest earned but not yet received.
Reinvestment
The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may
have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions.
including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your
agent and receives payment for order flow.
Option Disclosure
Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished
to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm In order to assist your introducing firm in maintaining
current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or
financial situation. Expiring options w hich are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional
information regarding this procedure is available upon written request to your introducing firm.
Foreign Currency Transactions
Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar
corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate
identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial
organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or
received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use.
Proxy Vote
Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your
shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than
the number of shares in your margin account.
Ratings
This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted
without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness. timeliness or availability of any information. Standard
Poor's is not responsible for any errors or omissions. regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties
including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with
the use of their content Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for
investment purpose Credit ratings should not be relied upon as investment advice.
Page *6 of 27
Account Nimbi.= Rated ticellent Cal% lame.P ealnL C* Mae, owned
ttCte hely Yew Since 2007 satd dlia of he kek a New Vat Mellon
CONFID 4 DAUIAR RATED COMMUNICATIONS exponaceatir Mame
LXCILLUNCE erstimettC.mener. reetn.ehateKe9m-00346740
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009564
EFTA_00 157349
EFTA01289712

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
January 1,2018 - January 31,2018
SOUTHERN FINANCIAL LLC
Schedule of Realized Gains and Losses Current Period
Date Dale Realized
Description Ctiposed Acquired Designation Cespoltion Method / Ttameadlon Proceeds Cost Sale OS' Loss
Short Term
GATESINDUSTRIAL COR 01/26/18 01125118 Covered first In First Out! SELL 1.600 000 30,001 27 30.400 00 -398 73
LC REGISTERED MS ISM* G800809
02512
Security Identifier. G39138118
PAGSEGURODIGTAL LT 01124/18 01/24118 Covered first In First Out! SRI 5.900.000 167.933.14 126.850.00 41.083.14
ED SHS -A- ISIN$K10368707912
Security Identifier 05870791
PLATINUM EAGLE ACOUI 01/12/18 01/12118 Covered first In First Out! SELL 5.200.000 52.044.79 52.000.00 44.79
P UNIT 1CL A & 'BRED 1VT ESP
2025isafeKYG7260260
Security Identifier 67126126
ACT INC DEL COM 01/22/18 01/19/18 Covered first In Fast Out! SELL 10,000.000 114,591.35 140,000.00 -25,408.65
Security Identifier:000900113 01122/18 01/19/18 Covered First In First Out! SELL 10100.000 113,921.45 140.000.00 -26.078.55
Total 20.000.000 228.512.80 280.00010 -51187.20
ATHENEX INC COM 01125/18 01/25/18 Covered first In First Out! Slit 2.300.000 34,171.20 35175.00 403.80
Security Identifier. 0468511103
BARRETT BILL CORP 03 01119/18 12/06/17 Covered first In First Out! SELL 3.400.000 17,112.60 17.000.00 112.60
Security Identifier. 06846/41:14
FRONTIER COMM UNICATI 01/25/18 10111117 Covered first In First Out! SELL 1,000,000.000 961,574.00 987,506.00 •25.932.00
R NT FULLY EXCHANGED FROM COSI Adjustment:1326.60 Adjustment Type: R
P 8.500% 04/6/20 BIEDTD 04f Original Cost Basis:987,506.00
Security Identifier. 35906M111
NEBULA ACQUISITION C 01/11118 01110118 Covered first In First Out! SELL 4.900 000 49.090.86 49.000.00 90.86
ICI A 113W70G 2/3124
Security Identifier. 6290 76209
PLAYAGSINC COM 01/26/18 01126118 Covered first In First Out! SELL 3,100.000 54.429.72 49.600.00 4.829.72
Security Identifier. 1281414134
Page'7 of 2 7
Account !Untie Rated tactile/A Clewing Heater Persbn U.C. • rat/owned
L trey Year Since 2007 sobsidiary of The Bonk col Mew torn Mellon
CONFID OM ARRATED COMMUNICATIONS CaneratIon (MY Mellon)
UMIAK( Pelting11C. frt., ruazo.. .10fuet9nn—Ouv46741
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009565
EFTA_00157350
EFTA01289713

Schedule of Realized Gains and Losses Current Period (continued)
Date Dale Realized
Description Mooted Acquired Designation Cisposillon Method Moodier' Quoddy Proceeds Cod Bads Gain, Loss
Short Term (continued)
CALLTIMEWARNER INC 01122118 10/13/17 Covered First In First Out / EXPIRE OPTION 10.000 0.00 4.536.00 -4.536.00
D0.00
Security Identifier. 990AHDGHJ
PUT GILEAD SCIENCES 01/09/18 12/15/17 Covered First In First Out/ BUY -125.000 20.993.50 4.64810 16.345.50
75.00
Security Identifier. 990AKEIAK
PUT GENERAL ELECTR1 01119118 12105/17 Covered First In First Out/ BUY -250.000 21,493.49 39,470.00 -17,976.51
SOO
Sedulity Identifier. 9904HUOJJ
CALL VCR SSP 500 ET 01/31/18" 12/11/17 Covered Ant In First Out/ SELL 900.000 1,302,362.85 262.806.00 1,039,556.85
270.00
Security Identifier 990AILYLG
CALL BROADCOM LTD SH 01/19/18 12/15/17 Covered Rrst In First Out / BUY -20.000 21,126.51 16,816.00 4 3 10.51
260.00
Security Identifier. 990A481
CALL BROADCON LTD SH 01125118 12/15/17 Covered First In First Out / BUY -20 000 36.803.14 13.416.00 23.387.11
254.00
Security Identifier. 990AM C2D7
CALL BROACCON LTD Ski 01/25/18 01/19118 Covered First In First Out / BUY -20.000 25.483.40 6.186.00 19.297.40
260.00
Security Identifier. 990AM C2D8
Total Short Term 3,023,133.27 1,975,309.00 1,047,824.27
Long Term
WASHINGTON MUT MTGS 01/24/18 12/13/13 Noncovered' REPYMT OF PERN 1,290,000.000 28.827.98 22,058.77 6.769.21
004-RA2 MTGPASSTHRU CIF CL C- Original Cost Basis: 22158.77
B-1VAR RATE 6.999%07/25133
Security Identifier 939336520
WISDOM TREE TRIAPAN 01/25/18 12/11/13 Covered First In First Out/ SELL 30.000.000 1,840,416.05 1,483,049.25 357,366.80
ITYFD 01/26/18 12/11/13 Covered First In First Out / mu 30.000.000 1,837,814.51 1.483.049.25 354365.26
Security Identifier.17717W851
Total 60.000.000 3.678.230.56 2.966.098.50 712,132.06
Total Long Term 3,707,058.54 2,988,157.27 718,901.27
Total Short and Long Term 6,730,191 81 4,963,466 27 1,766,725.54
- Noncovered under the cost basis rules as defined below.
Page '3 of 2
Account Nua Rated ticellent Clewing %teeter Pershing tLC, a .lag owned
It CSUM::2C Every Year Since 2007 snisidiary el The Bank a New York Mellon
CONFID DM AR COMMUNICATIONS Carpoestson Owl Mellon)
L‘Ctuttia Perchne 11.C.nnt-to FINRA.VAqi:PM-00346742
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009566
EFTA_00 15735 I
EFTA01289714

a
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
January 1,2018 - January 31,2018
SOUTHERN FlNANCIALLLC
Schedule of Realized Gains and Losses Current Period (continued)
Generally, securities acquired before 2011 in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as
amended by the Emergency Economic Stabilization Act of 2008. and are marked as "noncovered". Securities marked as 'covered-, were identified as securities potentially subject to the
cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed.
Note: In the event where we cannot easily determine the taxability of an account, we may markthe account as noncovered. However, if the account does not receive a 10998, the cost basis
will not be reported to the IRS.
This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior
income received and subsequently reclassified by the issuer as a return of capital. In addition. corporate action events may require adjustments to your original cost basis. Return of capital
information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable.
Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments. but may also include adjustments for corporate action events. Therefore there may be
differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to
you
W hen you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make. but are not
required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be
responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities. and, accordingly, disclaims
any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting
Cost Basis on fixed income securities may be adjusted for amortization. accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer
election, type of fixed income security. and certain attributes. obtained from sources believed to be reliable. In the event. one or more of these attributes is changed. there may be a temporary
incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances. including those
involving foreign bonds, bonds sold short or bonds issued with less t han one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the
preparation of your tax returns.
The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation ash, the accuracy of this information.
FI Reportable Income • This adjustment is the deferred market discount on a disposed tax lot from the Original Settle Date.
u These shares are unsettled and have been recently disposed. You will also see these shares on the Portfolio Holdings section until this transaction has been settled.
Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which
you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method. your account will be defaulted to First In. First Out (FIFO) Your
account's selected tax lot method will be used to determine the cost basis tor calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this
may be reported on the IRS Form 1099.8
M essages
Important Reminder for Pershing's 2017 Form 1099 tax statement (1099): The 1099 includes IRS 1099 Form B, DIV, INT, OID and M ISC. By February 15,2018, you will be mailed either
your 1099 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final information from issuers and trustees of securities you
hold by the as of date of the February 15 1099 mailing. You will also be sent the notice if your information is still being reviewed and finalized. It will inform you of the securities that
are pending final reporting, and will provide the anticipated mail date of your 1099 form. Your 1099 will be mailed no later than M arch 15.2018. For more information please visit
mytaxhand book com.
Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual
Page 19 of 27
Account Nimbi Ras Cacenent Charing *nor halms LC. a vAok owned
ito:sen:x L-- heavy Yew Since 2007 staldlay a The Bank col New Yorlg Mellon
CONFIDg' PALIAR RAM COMMUNICATIONS Corporation (IINY ASKO e.t.a.. nki
uabuice 00046743
Penni ett LC. meta F it.RA.RFaAlt.wm-
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009567
EFTA_00 157352
EFTA01289715

M essages (continued)
fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds
credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for
additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform.
Activity Summary (All amounts shown are in base currency)
Credits TtisPeriod Debits This Pend Net Ibis Period GeditsYeato-Dite DebiloYesr4o-Date Net Yew-to-Dote
Securities
Securities Bought 0.00 421,150.78 421,150.78 0.00 421,15018 421,150.78
Securities Sold 5,403,57890 0.00 5,403,578.00 5,403,578.00 0.00 5,403,578.00
Total Securities 0403,578.00 4921,150.78 $4,482,427.22 0403,578.00 4921,150.78 $4,482,427.22
Dividends and Interest $121,908.33 $0.00 $121,908.33 $121,908.33 $0.00 $121,908.33
Distributions $27,129.33 $0.00 $27,129.33 $27,129.33 $0 00 827,129.33
Fees $0.00 424.00 424.00 $0.00 424.00 424.00
Cash
%%drawers 0.00 402,492.70 -402,492.70 0.00 -402,492.70 -402,492.70
Total Cash $0.00 4402,492.70 4402,492.70 $0.00 4402,492.70 4402,492.70
Totals $5,552,815.88 41,32307.48 $4,228,948.18 $5,552,815.86 41,323187.48 84,228,948.18
Transactions by Type of Activity
Process Trade.
Settlement Transaction
Date Date Activity Type DesaiptIon Quantity Nice Awued Interest Amount Currency
Securities Bought and Sold
01110/18 01/09118 PURCHASED PUT DO GILEAD SCIENCES INC DP 011-11075.000 OPTION 125.000 0.3613 4,648.00 USD
990AN.511K ROOT: GILD CLOSING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
01110/18 01109118 SOLO SHORT PUT DO GLEAD SCIENCES INC ET 021-1075.000 OPTION -125.000 1.5848 19,554.54 USD
990AL8C5 ROOT: GILD OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
01/10118 01109/18 SOLD SHORT CALL DO GILEAD SCIENCES INC ESP 024.13082SO 0 OPTION 425.000 1.2477 15,340.63 USD
990ALHGR ROOT: GILD OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
01/10/18 01/09/18 PURCHASED CALL DO SELECT SECTOR VCR TR INDL EXP 064-t080.000 525.000 1.8988 -101,289.00 USD
990ALX9P5 OPTION ROOT: XLI OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
01112/18 01110118 PURCHASED NEBULA ACQUISITION CORP UNIT 1CL A 8 /3 W T QJ 3124 4,900.000 10.0000 -49,000.00 USD
NEBUU PROSPECTUS UNDER SEPARATECOVER
Page 20 of 27
Account Numberl Rated ticollent Clewing lame.P ats tic &ma/ems
eco:01 L hwy Yew Since 2007 istaldlary of The lank al New Vat Mellon
CONFIDO. DMIAR RATIO COMMUNICATIONS Carporation (My Melba)
LXCILIANCI PeriF inx meet.. ormAActittiatteM-00046744
CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) DB-SDNY-0009568
EFrA_00157353
EFTA01289716

Deutsche Bank
P.O. Box 17 76, Baltimore, MD 21203
January 1.2018 - January 31,2018
SOUTHERN FINANCIAL LLC
Transactions by Type of Activity (continued)
Proass Trade;
Settlement iransadion
Date Dale Adivily Type Desaiption Daintily Price Accrued Inlered Amount Carrenq
Securities Bought and Sold (continued)
01116/18 01111/18 SOLO NEBULA ACOUISTION CORP UNIT 1C4. A8 13 WT EXP 12/3114 x.900.000 10.0600 49.090.86 USD
NEBUU UNSOLICITED ORDER ALLOCATED ORDER YOUR BROKER ACTED
AS AGENT
01117/18 01112118 SOLD PLATINUM EAGLE ACOUISTION CORP UNIT 10. A8 Y3 RED WT -5.200 000 10.0500 52,044 79 USD
EAGLU EXP 2025 ISM KYG712611260 UNSOLICITED ORDER
ALLOCATED ORDER YOUR BROKER ACTED AS AGENT
01/17/18 01/12/18 PURCHASED PLATINUM EAGLE ACOUISITION CORP UNIT1CL A 8 13 RED WT 5200 000 10.0000 -52.000.00 USD
EAGLU EXP 2025 ISM. KYG7261.1250 PROSPECTUS UNDER SEPARATE
COVER
01118/18 01117/18 PURCHASED CALL DO !SHARES TR MSG EMERGING MKTS ETF FJIP 2,400 000 0.4300 -105,606.00 USD
990AL.HRM 06.5.4055.000 OPTION ROOT: EEM OPENING
TRANSACTION UNSOL EXCHANGE LISTED
01122/18 01119118 PURCHASED PUT DO GENERAL ELECTRIC CO COM EXP 044-4@e 000 250.000 1.5485 -39,47000 USD
990AHUOJJ OPTION ROOT: GE CLOSING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
01122/18 01119/18 PURCHASED CALL DO BROADCOM LTD SHS 'SINS S69999051823 EXP 20.000 8.3750 -16.816.00 USD
990AJEK1 01-114{2)280.000 OPTION ROOT: AVG° CLOSING
TRANSACTION UNSOL EXCHANGE LISTED
01122118 01119118 SOLO SHORT PUT 100 GENERAL ELECTRIC CO COM EXP 03.5-4@4000 -250000 1.8520 45.542 93 USD
990AK5CSO OPTION ROOT: GE OPENING TRANSACTION UNSOL EXCHANGE
LISTED OPTION
01/22/18 01/19/18 SOLO SHORT CALL AO BROADCOM LTD SHS 'SINS 939999014823 EXP -20.000 12.7750 25.483.40 USD
990AM C208 02.5.40260 000 OPTION ROOT: AVG() OPENING
TRANSACTION UNSOL EXCHANGE LISTED
01122/18 YOUR OPTION EXPIRED CALL DO TIME WARNER INC NEW COM NEW DIP -10.000 0.00 USD
990AHOGHJ 044.50A0 000 OPTION ROOT: TWX TW X CLOSING
TRANSACTION
01123/18 01119/18 PURCHASED ADT INC DEL CON PROSPECTUSUND ER SEPARATE COVER 20.000 000 14.0000 -260.000.00 USO
ADT
01/23/18 01119/18 SOLO BARRETT BILL CORP COM BKCM A PERSHING AFFIUATE MAKES -3.400.000 5.0750 17.112 60 USD
BBG A MKT IN THIS SECURITY & ACTED AS PRINCIPAL UNSOLICITED
ORDER
01124/18 01122118 SOLO ADT INC DEL CON UNSOLICITED ORDER -10,000.000 11.5000 114,591.35 USD
ADT
Page 21 of 27
Account Houten
Rated Galls. Clewing through PenhirglIC. a wilay venal
ucni L berg Year Since 2007 setaldlan of The laakethew Yak Melba
CONFID DALIARIATEDCPAMUNICATIONS Caporalo n (eta Melon) A
LXCGAINCE Pt/Okt lLC. nitrite, Mtn. tWil La .."- 00046745
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009569
EFTA_00 157354
EFTA01289717

Transactions by Type of Activity (continued)
Proms* Trade
Settlemenl Transaction
Date Dote AciisKy Type Desolation Donley Price Acaued Interest Amount Currency
Securities Bought and Sold (continued)
01/24/18 01/22/18 SOLD AIM INC DEL COM UNSOLICITED ORDER AVERAGE UNIT PRICE -10.000.000 11.4324 113.921.45 USD
ADT TRANSACTION YOUR BROKER ACTED AS AGENT
01/24/18 01/23/18 PURCHASED CALL 130 !SHARES INC M Sa SOUTH KOREA ETF ET 2.000 0.6200 .132.00 USD
990AM EEKO 02-S4479.000 OPTION ROOT: DV Y OPENING
TRANSACTION UNSOL EXCHANGE LISTED OPTION
01/26/18 °mule SOLD PAGSEGURO DIGITAL LTO REGISTERED SIS -A- -5,900 000 28.5049 167133.14 USD
PADS 151114 KYG687070I f UNSOLICITED ORDER AVERAGE UNIT
PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
01/26/18 01/24/18 PURCHASED PAGSEGURO DIGITAL LM REGISTERED 585•A- 5,900.000 21.5000 -126,850.00 USD
PAGS ISIS KYG68707132 PROSPECTUS UNDER SEPARATE COVER
01/26/18 01/25/18 PURCHASED CALL AO BROADCOM LTD SHSISINS 9G9999014823 EXP 20.000 6.6750 -13,416.00 USD
990AM C207 02-6.8@250.000 OPTION ROOT: AVG° CLOSING
TRANSACTION UNSOL EXCHANGE LISTED
01/26/18 01/25/18 PURCHASED CALL 130 BROADCOM LTD SHS ISMS 939999051823 DP 20.000 31600 1.186.00 USD
990AM C208 02-5.8@260 000 OPTION ROOT: AVGO CLOSNG
TRANSACTION UNSOL EXCHANGE LISTED
01/29/18 01/25/18 PURCHASED GATESINDUSTRIAL CORPORATION PLC REGISTERED SHS 1,600.000 19.0000 -30,400.00 USD
GTES 'SINS GBOOBEIG2S12 PROSPECTUS UNDER SEPARATE COVER
°inane 01/25/18 SOLD ATTER EX INC COM BKCM A PERSHING AFFILIATE MAKESA -2.300.000 14.9000 34.171.20 USD
ATNX M KT IN THIS SECURITY 8 ACTED AS PRINCIPAL UNSOLICITED
ORDER ALLOCATED ORDER YOUR BROKER ACTED AS AGENT
01129/18 oinsm PURCHASED ATHEN EX INC COM PROSPECTUS UNDER SEPARATE DOVER 2.300.000 15.2500 -35.075.00 USD
ATNX
01/29/18 01/25/18 SOLD FRONTIER COM M UNICATIONS CORP SR NT FULLY EXCHANGED -1,000,000.000 96.1580 24,555.56 986,129.56 USD
FTR3684517 FROM CUSP 8.500% 04/6120 B/E DID 04/12/13 YLD 9478
TOMAT
01/29/18 01/25/18 SOLD WISDOM TREE TR illiPAN HEDGED EQUITY ED UNSOLICITED -30,000 000 61.3888 1,840,416.05 USD
DXJ ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER
ACTED ASAGENT
01/30/18 01/26/18 SOLD GATES INC USTR1AL CORPORATION PLC REGISTERED SHS •I,600.000 18.7949 30.001.27 USD
GTES !SINS GBOOBDOG2S2 UNSOLICITED ORDER AVERAGE UNIT
PRICE TRANSACTION YOUR BROKER ACTED AS AGENT
01/30/18 01/26/18 SOLD PLAYAGS INC COM UNSOLICITED ORDER AVERAGE UNIT PRICE -3,100.000 17.6003 54,429.72 USD
AGS TRANSACTION YOUR BROKER ACTED AS AGENT
01/30/18 01/26/18 PURCHASED PLAYAGS INC COM PROSPECTUS UNDER KPARATECOVER 3.100.000 16.0000 -49,600.00 UST)
AGS
Page 22 of 2 7
Account tiumbetilM
Rated Civilian? Clown. through Penang U.C. a tAtolly owned
itcsu trey Year Since 2007 subsidiary of The Bank el New York Mellon
CONFIDO. DAtIAR RA TED COMMUNICATIONS Carporatfon any Mellon)
EXCIILLINCE firtligat 1gal-rote MitA.P4411LE,GM_00046746
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009570
EFTA_00157355
EFTA01289718

Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
January 1,2018 - January 31,2018
SOUTHERN FlNA NCIALLLC
Transactions by Type of Activity (continued)
Process: Trade;
Saltine' Transadion
Date Dale Adivily Type Dna:pike (Manley Price Acaued Interest Amount Wang
Securities Bought and Sold (continued)
01/30/18 01/26/18 SOLD WISDOM TREE TR JAPAN HEDGED EOUITY FD UNSOLICITED 30.000.000 61.3021 1.837.814.51 USD
DXJ ORDER AVERAGE UNIT PRICE TRANSACTION YOUR BROKER
ACTED ASAGENT
01/30/18 REINVEST CASH INCOME .PM ORGAN FLOATING RATE INCOM E FUND CLASS I 1,130 453 -10,682.78 USD
PHSX 3220616440 SHRS SHRS PURCH. AT 59.45000 RD 0126 PD
0130/13
Total Securities Bought and Sold - U.S. DOLLARS 24.55556 4.482.427.22
Dividends and Interest
01/16/18 BOND INTEREST RECEIVED 2000000 EXEIA INTER LW/ EXBA FIN INC GTD FIRST 101.66667 USD
30 22RAA9 PRIORITY SR SECO NT 114A 9600%07/ 6/23 EVE DTD 071212
CLB RD 2/29 P0016/1
01125/18 BOND INTEREST RECEIVED 290000 WASHINGTON Al UT NIG SECS CORP 2004 -RAN TG 2,998.29 USD
939336520 PASSTHRU CTF CL C-B-WAR RATE 6.999% 07/25133 B/E DTD
06/0 TO 4 RD 2129 PD 0 125/ 11
01/26/18 FOREIGN SECURITY DIVIDEND 114 00010 SHARES NINE DRAGONS PAPER HOLDINGS LTD SHS 42.782 40 HKO
RECEIVED ISINt BM655348205 FOREIGN SECURITY DIVIDEND RECEIVED 5.473.06 USD
2689MK RD 22117 PO 012613 AS OF 2/211
01/30/18 CASH DIVIDEND RECEIVED .PM ORGAN FLOATING RATE INCOM E FUND CLASS I 10,682.78 USD
PHSX 322061.6440 SHRS RD 0126 PD 0130/13
01/31/18 MONEY MARKET FUND DEUTSCHEGOVT CASH 1,087.53 USD
INCOME RECEIVED
PER232045
Total Dividends and Interest
HONG KONG DOLLAR 0.00 42,782.40 HKO
TOTAL USD EQUIVALENT 0.00 5,473.06 USD
US. DOLLARS 0.00 116,43527 USD
Distributions
01/25/18 RETURN OF PRINCIPAL 1290000 W ASHINGTON 41 UT M TG SECS CORP 2004 -RA214 TG 27,129.33 USD
RECEIVED PASSTHRU CTF CL C-61VAR RATE 6.999% 07/25/33 B/E DTD
939336520 06/0104 RD 2/29 PD 0125/2
Total Distributions - U.S. DOLLARS 0.00 27,129.33
Page 23 of 27
Th Account tiu m il
Rated tactile/A Cleans *each PenhieglIC. a Say caned
stc:ssi L bey Year Since 2007 sataldiary of The Balk a New Yak Mellor.
CONFID OMAR MITO COMMUNICATIONS CaneratIon (MY Wilco)
EXCLIAINCI Per Oing 11.C.rnertn A.g4q2PM- 00046747
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009571
EFTA_00 157356
EFTA01289719

Transactions by Type of Activity (continued)
Process' Trade;
Settlement Transadion
Date Dale Adivity Type Description Quantity Price Acaued 'Meted Amount Urgency
Fees
01/02/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 2017 CUSP: G4634U-S-9 -200 USD
HBCYF
01/02/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP:G5536C-12-7 -2.00 USD
LONKF
01102/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP: G6531-9-0 -2.00 USD
NDGPF
01/02/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP: )47070-D-0 -200 USD
NCTKF
01102/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 20 V CUSIP: 553435.0.3 -2.00 USD
NAPRF
01102/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP: YO 004 F-9-5 -2.00 USD
ZTCOF
01102/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP: Y01373-D-2 -200 USD
AHCHF
01102/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP: YO 698A-13-7 -2.00 USD
BACHF
01/02/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP: YR3689-8 -2.00 USD
CCCGF
01102118 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 20 V CUSIP: Y20958-17-7 -250 USD
DNGFF
01/02118 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP Y95314-17-9 -2.00 USD
WEICF
01102/18 FOREIGN CUSTODY FEE Fgn Safekeeping DEC 200 CUSIP. Y9892N-17-4 -2.00 USD
ZHUZF
Total Fees - U.S. DOLLARS 0.00 -24.00
Cash Withdrawals and Deposits
01118118 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -41500.00 USD
USD999997
01126718 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -261.492.70 USD
USD999997
01129/18 FEDERAL FUNDS SENT DEUTSCHE BANK TRUST -100.000.00 USD
USD999997
Total Cash Withdrawals and Deposits - U.S. DOLLARS 0.00 -402.492.70
Total Acaued teetered Total Amount
Transactions Summary Total Acaned !Merest Total Amount (latency USD Equivalent USD Equivalent
HONG KONG DOLLAR 0.00 42.782.40 HKD 0.00 5173.06
U.S. DOLLARS 24,555.56 4.22547512 USD 24555 56 4.223.475 12
The price and quantity displayed may have been rounded.
Page 24 of 2
Account Numberja
bled Cacellein Cleanng through PeakingL C* Maly anal
sto:su Every Yew Since 2007 ittakflary of The Bank el Mew Yore Mellon
CONFIDO. DALBAR MTV) COMMUNICATIONS CaveratIon (OM Wilco)
LXCLIAINCI Per Oing 11.C. meet.. IthitA.Pkilli2PM—OOO46748
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009572
EFTA_00157357
EFTA01289720

Deutsche Bank
P.O Box 1776, Baltimore, MD 21203
January 1,2018 - January 31,2018
SOUTHERN FINANCIAL LLC
Fixed IncomeAnalysis
Bond Quality Bond Maturity Schedule
%of Bond
%MOS
Bond Quality Market Wave Mutat Vim Percent of Axed Income Bond Maturity Mattel BMus Mattet Value
A 2,345,550.00 9% . 1to 5 years 1,008,750.00 4%
BAA 8,290,000.00 33% 06 to 10 years 4381,950.00 17%
. Over 10 years 19,945,183.11 79%
BA/ Lower 14,145,501.25 56%
Not Rated 454,811.86 2% Total 25,235,863.11 100%
Total 25,235,863.11 100%
Percentages of bond market values are rounded tot e nearest whole percentage.
Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio
Holdings section.
Trades Not Settled
SettlerteM Trade Activity Awned Settlement
Doti Date Type DosaiMion Duality Rico Intend Amount
02101/18 01131/18 Sell CALL SO SPORS&P500 ETF TR TRUNIT 900.000 14.5011 0.00 1.302.362 85
W034-130270 000 OPTION ROOT: SPY
CLOSING TRANS4CTION UNSOL
EXCHANGE LISTED OPTION
Total Amount of Trades Not Settled $1,302,362.85
Client Service Information
Your Inv eg rn tot Sptwirl ENJ Contact iniensetbn
JOSHUA SHOSHAN Telephone Number: (2 t2) 454-4433
280 PARK AVE- 3RD FL
NEW YORK NY 10017
Page 25 of 27
st,:sunn,
Account Number:
Rated EstrIlent Clearing through PeakingI nc nakoly evened
L (very Year Since 2007 ittaldiary of The Bank el New Vat Mellon
CONFIDO. ( D " A a LB ll A R IN R C A E T IO COMMUMCAT *NS C Pe a r n ih cr r a tx t I 1 o 1 n . C (M .rn Y er M tan a r w tr ) a ecanecOM-00046749
CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SONY-0009573
EFIA_00 157358
EFTA01289721

Your Account Information
TAX LOT DEFAULT DISPOSITION METHOD
Default Method for M utual Funds: First In First Out
Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out
Default Method for all Other Securities: First In First Out
BOND AMORTIZATION ELECTIONS
Amortize premium on taxable bonds based on Constant Yield Method: Yes
Accrual market discount method for all other bond types: Constant Yield Method
Include market discount in income annually: No
ELECTRON IC 0B JV ERY
You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment
Specialist for more information
mp rtant Information arid Disclosures
The Role of Pershing
• Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without
inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or
liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the
suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under
common control with it liable for any investment losses incurred by you.
• Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your
financial institution or that it receives as the result of securities transactions it processes.
• Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your
account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the
acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice,
if any, to you and in general, for the ongoing relationship that it has with you.
• Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at All other inquiries regarding
your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement
• For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as
a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the
Disclosure Statement, please contact your financial institution.
• Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC
protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability.
• This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after
receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your
rights, including your rights under the Securities Investor Protection Act.
• Your financial organization's contact information can be • t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department,
One Pershing Flaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted.
Important Arbitration Disclosures
• All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which
a claim is filed.
• Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award is very limited.
• The ability of the parties to obtain documents, w itness statements and other discovery is generally more limited in arbitration than in court proceedings.
• The arbitrators do not have to explain the reason( s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the
Page 26 of 27
Account Number: Rated [Amnion Clewing Omagh Pagan LLC. a *lay evened
tocotto , L tray Yew Since 2007 sobildlary a The kek a New Yak Mellon
CONFID DMM R WV) COMMUNICATIONS Carponban any Mellon)
EXCELLENCE Perfhnx 11.C.mtelter rtivektrM4VeteM_00046750
CONFIDENTIAL — PURSUANT TO FED. R CRili,I. P. 6(e) 013-SDNY-0009574
EFTA_00157359
EFTA01289722

a
Deutsche Bank
P.O. Box 1776, Baltimore, MD 21203
January 1,2018 - January 31,2018
SOUTHERN FlNA NCIAL LLC
Important Information and Disclosures (continued)
Important Arbitration Disclosures (continued)
panel at least 20 days prior to the first scheduled hearing date.
• The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry.
• The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases:a claim that is ineligible for arbitration may be brought in court.
• The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement.
Important Arbitration Agreement
Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class
action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative
class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or
(III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to
the extent stated herein. The laws of the State of New York govern.
Pershing's contact information is as follows: Pershing LLC. Legal Department. One Pershing Plaza. Jersey City. New Jersey 07399;
Page27 of 27
Account limbo
Rated Eintliem Clown& drove. Penang U.C., wary owned
ttcsA ra hely Year Since 2007 subuthary of The 'aka New York Mellon
CONFID MBAR MUD COMMUNICATIONS Corporation0NY Mellon)
EXCIILUNCE .p.ng LIS% rnntn. ,it.RA.W4/KeyeM_00046751
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0009575
EFTA_00157360
EFTA01289723