Comments on: Open Letter to ETN Sponsors http://investwithanedge.com/open-letter-to-etn-sponsors Actionable Ideas for Your ETFs, Funds, & Stocks Fri, 12 Mar 2010 15:09:01 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Keith Styrcula http://investwithanedge.com/open-letter-to-etn-sponsors/comment-page-1#comment-5519 Keith Styrcula Wed, 02 Sep 2009 14:10:59 +0000 http://investwithanedge.com/?p=4879#comment-5519 The fact that it is no longer listed should not inhibit your ability to liquidate the notes. Call the JPMorgan trading desk in New York directly at 212.270.6000 and ask for the Structured Investments group. The fact that it is no longer listed should not inhibit your ability to liquidate the notes. Call the JPMorgan trading desk in New York directly at 212.270.6000 and ask for the Structured Investments group.

]]> By: Ron Rowland http://investwithanedge.com/open-letter-to-etn-sponsors/comment-page-1#comment-2424 Ron Rowland Mon, 22 Jun 2009 21:05:48 +0000 http://investwithanedge.com/?p=4879#comment-2424 Bo, Thanks for bringing this to my attention and sorry to hear about the problems it is causing you. I have written a new article on the subject. Here is the link... http://investwithanedge.com/shareholders-left-hanging-with-bsr-delisting Ron Bo,

Thanks for bringing this to my attention and sorry to hear about the problems it is causing you. I have written a new article on the subject. Here is the link…
http://investwithanedge.com/shareholders-left-hanging-with-bsr-delisting

Ron

]]> By: Bo Shi http://investwithanedge.com/open-letter-to-etn-sponsors/comment-page-1#comment-2414 Bo Shi Mon, 22 Jun 2009 12:26:25 +0000 http://investwithanedge.com/?p=4879#comment-2414 Hi Ron, Please allow me to tell you my situation and I greatly appreciate your commnets about how I should handle it. Back in 2007 I purchased 50 shares of BSR and hold it till now. However, it was delisted on 6/15/09. I don't know the news release (copied below) by JPMorgan. As you know, BSR was issued by Bear Stern and now it is a part of JPMorgan. You can see the copied news release from Yahoo after typing BSR. My discount broker now assigned a new symbol "ARCX" for BSR, which is zero value in my account because it is not traded. I contacted a person at Bear Stern, which is a division of JPMorgan, about how to handle it. I was told to open an account at Bear Stern and transfer 50 shares of BSR from my discount broker to the new account in order to sell it. However, Bear Stern doesn't send me any application forms yet after that phone conversation. From the news release, it looks like it is not liquidating BSR. I don't know how to get some of my investment back. I also called JPMorgan using the phone number listed in the news relase. I was given another number for the call, but it never calls me back. What is your view? Thanks, Bo NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. will withdraw the NYSE Arca listing of its BearLinxSM Alerian MLP Select Index ETNs (Ticker: BSR ) effective on or about June 15, 2009. The BearLinxSM ETNs had been periodically issued by The Bear Stearns Companies Inc. prior to, but not after, JPMorgan Chase’s acquisition of Bear Stearns. The listing is being withdrawn given the current limited availability of the security. Upon the effective delisting date, the BearLinxSM ETNs will no longer be listed on any national exchange or quoted medium. The BearLinxSM ETNs may trade, if at all, on an over the counter basis. The JPMorgan Alerian MLP Index ETN (Ticker: "AMJ"), which offers exposure to the MLP sector through the same index, is unaffected and remains listed on NYSE Arca. Hi Ron,

Please allow me to tell you my situation and I greatly appreciate your commnets about how I should handle it.

Back in 2007 I purchased 50 shares of BSR and hold it till now. However, it was delisted on 6/15/09. I don’t know the news release (copied below) by JPMorgan. As you know, BSR was issued by Bear Stern and now it is a part of JPMorgan. You can see the copied news release from Yahoo after typing BSR. My discount broker now assigned a new symbol “ARCX” for BSR, which is zero value in my account because it is not traded.

I contacted a person at Bear Stern, which is a division of JPMorgan, about how to handle it. I was told to open an account at Bear Stern and transfer 50 shares of BSR from my discount broker to the new account in order to sell it. However, Bear Stern doesn’t send me any application forms yet after that phone conversation.

From the news release, it looks like it is not liquidating BSR. I don’t know how to get some of my investment back.

I also called JPMorgan using the phone number listed in the news relase. I was given another number for the call, but it never calls me back. What is your view?

Thanks, Bo

NEW YORK–(BUSINESS WIRE)–JPMorgan Chase & Co. will withdraw the NYSE Arca listing of its BearLinxSM Alerian MLP Select Index ETNs (Ticker: BSR ) effective on or about June 15, 2009. The BearLinxSM ETNs had been periodically issued by The Bear Stearns Companies Inc. prior to, but not after, JPMorgan Chase’s acquisition of Bear Stearns. The listing is being withdrawn given the current limited availability of the security.

Upon the effective delisting date, the BearLinxSM ETNs will no longer be listed on any national exchange or quoted medium. The BearLinxSM ETNs may trade, if at all, on an over the counter basis.

The JPMorgan Alerian MLP Index ETN (Ticker: “AMJ”), which offers exposure to the MLP sector through the same index, is unaffected and remains listed on NYSE Arca.

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