EFTA01521096.pdf

JPMorgan Chase Bank, N.A. GHISLAINE MAXWELL ACCT. 270 Park Avenue, New York, NY 10017-2014 For the Period 3/1/12 to 3/31/12 Asset Account J.P. Morgan Team Table of Contents Page Client News J.P. Morgan Securities LLC's (JPMS LLC) and Paul Morris Banker Account Summary 2 J.P. Morgan Clearing Corp.'s (JPMCC) Net Capital Jason Bell Investment Specialist Holdings and Net Capital Requirements Janet Young Client Service Team Equity 4 At December 31, 2011, JPMS LLC's net capital of $11.1 Gina Magliocco Client Service Team Alternative Assets 8 billion exceeded the minimum regulatory net capital Cash 8 Fixed Income g requirement of $1.6 billion by $9.5 billion. JPMCC's net capital of $7.4 billion was approximately 7.7% of Other Assets 15 aggregate debit items and exceeded the minimum Portfolio Activity 16 regulatory net capital requirement of $1.9 billion by $5.5 Online access www.MorganOnline.com billion. Complete copies of JPMS LIC's and JPMCC's individual audited Statement of Financial Condition may be Please see disclosures located at the end of this statement package for important information relating to each J.P.Morgan account(s). obtained, at no cost, by accessing the following JPMorgan Chase 8 Co. website address: http://investor.sharetiolder.com/jpmorganchase/financial -condition.cfm Additionally, you may call the following toll free phone number to request a hard copy of the statement: 1.866.576.1300. Effective In the second quarter, we will be implementing a new pricing procedure with regard to your statements. In cases where we are unable to obtain a current price from an internal or external source for a particular security, the price column on your statements may indicate "unpriced". Although such securities may have value. please note that if a security is indicated as "unpriced" it will not be included in your overall current market value as reflected on the statement. JP Morgan 0000000t88 IS 0 1500003 MAXWECO 20120412 Page 1 of 53 Confidential Treatment Requested by JPMorgan JPM-SDNY-00048456 Chase CONFIDENTIAL SDNY_GM_00317654 EFTA01521096