From: Vincenzo Iozzo <████████████████>
Sent: Saturday, November 15, 2014 5:32 PM
To: jeffrey E.
Subject: hedge funds strategy discussion

Jeffrey,

this is completely unrelated from the company stuff, but yesterday night = met up with a bunch of people I know from back in the days and they =ention that they now work at various hedge funds in NY implementing specific types of strategies (not the usual HFT, stat arb =tc etc). This gave me a few ideas that I'd like to bounce back to you =oth to understand the feasibility from a financial standpoint but also the situation from a regulatory standpoint. It's a bit of a shot in the dark, but it sounds like an area where I =ould have a lot of competitive advantage

Can we have that discussion when we meet?

Thanks,
Vincenzo

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