EFTA02401740

From: Barrett, Paul Sent: Wednesday, June 13, 2012 2:17 PM To: Epstein, Jeffrey [email protected]) Cc: Giuffrida, David J; Ens, Amanda Subject: 3 things: =OA Jeffrey =OA =p class="MsoListParagraph" style="text-indent:-.25in;mso-list:ll lev=l1 Ifo2">1. = Our Altria Market Plus Note fixes today. We invested $3MM. Will get=back around $4MM. We are looking at some alternatives. 2.<=pan style="font-size:11.0pt;font-family:"Calibri","sans=serif"">Dec 2012 Brent is at 96.50. We can buy a 112 Call and sel= a 82 Put. Cashless. 3. &nb=p; FINRA now re=uires us to ask about assets held away for each account. You can disclos= it or decline to answer. Will address this when we next speak.</=:p> Paul =/p> Paul Barrett, CFA Global Inve=tment Opportunities Group NMLS IDe 89441 =OD 1 EFTA_R1_01438569 EFTA02401740 This email is con=idential and subject to important disclaimers and conditions including on =ffers for the purchase or sale of securities, accuracy and completeness of=information, viruses, confidentiality, legal privilege, and legal entity d=sclaimers, available at http://www.jpmorgan.com/pages/disclosures/emai=. 2 EFTA_R1_01438570 EFTA02401741