EFTA02343682.pdf

"From: Richard Kahn Sent: Tuesday, July 26, 2016 5:20 PM To: jeffrey E. Subject: Fwd: Buy VIX options for vol replacement trades"

"From: Ens, Amanda Date: July 26, 2016 at 12:13:18 PM EDT To: Richard Kahn"

"HBRK Associates Inc. 575 Lexington avenue 4th Floor New York, NY 10022"

"Richard Kahn HBRK Associates Inc. 575 Lexington avenue 4th Floor"

"This material was prepared by Sales and Trading Personnel of Merrill Lynch. ... From: Ens, Amanda"

"Amanda Ens Director Bank of America Merrill Lynch"

"Amanda Ens Director... Merrill Lynch, Pierce, Fenner & Smith Incorporated"

"Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036"

"Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036"

"i reviewed trade idea ... if you like trade idea we can fine tune spread numbers"