The Commission Management Solutions program allows J.P. Morgan to execute trades on behalf of clients at an agreed upon commission rate. J.P. Morgan retains a portion of the commission for its clearing and execution services and disburses the remaining dollar amounts to pay for research or brokerage services that fall under the protection of SEC Section 28 (e). We recognize that clients may use different methods to capture trades for the program and can accommodate those needs. For more information, please contact: