8-KExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Exhibit Filing (Sep 28, 2006)

Filed September 28, 2006For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

Summary

This filing by JPMORGAN CHASE & CO. (JPM) on September 28, 2006, as an 8-K Current Report, primarily serves to incorporate by reference several tax opinions from Davis Polk & Wardwell. These opinions relate to various structured notes offerings, including Buffered Return Enhanced Notes, Return Enhanced Notes, and Principal Protected Notes, all linked to diverse indices such as the Nikkei 225, S&P 500®, TOPIX®, Dow Jones - AIG Commodity IndexSM, and the Dow Jones EURO STOXX 50® Index. For investors, this report is less about immediate financial performance or strategic shifts and more about the legal and tax aspects of specific, complex financial products issued by JPM. The presence of these tax opinions suggests that JPM is actively engaged in issuing and marketing these structured note products, which offer investors exposure to various market indices with varying levels of principal protection and return enhancement features. Investors considering these types of notes should carefully review the underlying offering documents and understand the tax implications, as detailed in these referenced opinions.

Key Highlights

  • 1JPMorgan Chase & Co. filed an 8-K report on September 28, 2006.
  • 2The primary purpose of the filing is to provide tax opinions from Davis Polk & Wardwell.
  • 3The tax opinions are related to several different series of structured notes.
  • 4These notes are linked to various market indices, including the Nikkei 225, S&P 500®, TOPIX®, Dow Jones - AIG Commodity IndexSM, and Dow Jones EURO STOXX 50® Index.
  • 5The notes have varying terms, with maturity dates ranging from 2007 to 2013.
  • 6The structured notes include features such as 'Buffered Return Enhanced Notes,' 'Return Enhanced Notes,' and 'Principal Protected Notes.'
  • 7These tax opinions are incorporated by reference into a Registration Statement on Form S-3ASR.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the incorporation by reference of several tax opinions issued by Davis Polk & Wardwell. These opinions relate to various structured note products that JPMORGAN CHASE & CO. has issued or plans to issue.

The filing discusses several types of structured notes, including 'Buffered Return Enhanced Notes,' 'Return Enhanced Notes,' and 'Principal Protected Notes.' These notes are linked to the performance of different market indices such as the Nikkei 225, S&P 500®, TOPIX®, Dow Jones - AIG Commodity IndexSM, and the Dow Jones EURO STOXX 50® Index.

No, this 8-K filing does not contain any specific financial performance data, earnings results, or significant operational updates from JPMORGAN CHASE & CO. Its content is limited to the legal and tax documentation related to structured note issuances.

Davis Polk & Wardwell is a law firm. Their tax opinions are included to provide investors with guidance on the tax treatment of the specific structured notes being offered by JPMORGAN CHASE & CO. This is a common practice for complex financial products where tax implications are a significant consideration for investors.