Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: November 18, 2005

For immediate release

The Federal Reserve Board on Friday announced its approval of the notice under section 4 of the Bank Holding Company Act by JPMorgan Chase & Co., New York, New York, to engage in physical commodity trading activities on a limited basis as an activity that is complementary to the financial activity of engaging regularly as principal in commodity derivatives.

Attached is the Board's Order relating to this action.

Attachment (50 KB PDF)

2005 Orders on banking applications

Home | News and events
Last update: November 18, 2005