From: Richard Kahn

From: Richard Kahn To: "Jeffrey E." <[email protected]> Subject: Fwd: JPM Preferred Offering Date: Thu, 05 Feb 2015 17:00:09 +0000 Attachments: viewDoc.asp.pdf i have a friend at MS that sent me a preferred offering for JPM pricing today they are attempting to sell 16,000,000 shares @ 25 yield indicated at 6.125 to 6.25% please advise if you may have interest thank you Richard Kahn HBRK Associates Inc. tel fa cell From: "Atlas, Andrew S" To: "Richard Kahn Subject: FW: Preferred Offering Date: February 5, 2015 at 10:43:01 AM EST R- Demand must be high...they adjusted the price talk to 6.125% to 6.25% -A Andrew S. Atlas Financial Advisor Equity Sales/Middle Markets Group Morgan Stanley Wealth Management Midtown Manhattan Complex I New York, NY 10104 Tel/Direct I Fax: Begin forwarded message: From: "Atlas, Andrew S" To: "Richard Kahn ( < EFTA01191324 Subject: Preferred Offering Date: February 5, 2015 at 9:23:05 AM EST Rich, I hope you are well. Just want to give you a heads up. New issue JPM $25 Par Preferred coming today 6 '4%- 6 3/8% Fixed For Life. Any questions give me a ring. Best, Andrew Andrew S. Atlas Financial Advisor Equity Sales/Middle Markets Group Morgan Stanley Wealth Management Midtown Manhattan Complex I New York, NY 10104 Tel/Direct I Fax: Important Notice to Recipients: Please do not use e-mail to request, authorize or effect the purchase or sale of any security or commodity. Unfortunately, we cannot execute such instructions provided in e-mail. Thank you. The sender of this e-mail is an employee of Morgan Stanley Smith Barney LLC ("Morgan Stanley"). If you have received this communication in error, please destroy all electronic and paper copies and notify the sender immediately. Erroneous transmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right, to the extent permitted under applicable law, to monitor electronic communications. This message is subject to terms available at the following link: httpille.w.v.morganstanley.com/disclaimers/mssbemaithbnl. If you cannot access this link, please notify us by reply message and we will send the contents to you. By messaging with Morgan Stanley you consent to the foregoing. EFTA01191325