EFTA00853018.txt

"On Jun 29, 2015, at 4:05 PM, jeffrey E. <[email protected]> wrote: first , get your own lawyers to look at it."

"reviewed the description of services in the consulting agreement (signed in 2011) between you and D. E. Shaw"

"Am I an investment advisor? What did u learn?"

"from our perspective, we do not believe that the activities you're involved in would cause you to be considered an investment adviser"

"scope of your activities for D. E. Shaw. We determined that any trade-related ideas and suggestions are researched by the Macro team"

"discussed with our CCO, Nathan Thomas"