JPMorgan Chase & Co. will withdraw the NYSE Arca listing of its BearLinxSM Alerian MLP Select Index ETNs 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 The listing is being withdrawn given the current limited availability of the security.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, which offers exposure to the MLP sector through the same index, is unaffected and remains listed on NYSE Arca.
D.C.