# EXHIBIT 43
Code of Conduct 2012 AFFIRMATION RECORD



I affirm mar I have reported any violations of tne Code. internal firm pol:dee or laws or regulations applicable to :he firrns business )vnicn l know of or suspect, as required by Section 1.5 of the Code. I understand that failure to do so can result in discipiinary action up to and including termination of employment.

I understand that the Code is updated periodically as necessary. and that the most current version is posted on the jPMorgan Chase Intranet.

I acknowledge mat I an, a Senior-Level Employee• for purposes of the Code and supplemental policies. As such

- I am required to discuss any planned transactions in jPMorgan Cries, securities, for my own account or that of any of my employee-associated accounts, with a supervisor in advance. agree to abide by this requirement.
- I have certain responsibilities that will continue after my employment wth tne firm terminates, including restrictions on hiring or splitting the firm's employees and soliciting the firm's customers. I agree to abide by those responsibilities after my employment terminates.

If you are an employee in an area that requires pre-clearance of personal securities transactions andior maintenance of your employee and empioyee.associatect accounts with a designated oroker, you further certify the following:

To the extent required by personal trading policies and procedures applicable to me:

- all securities transactions for my own account, or for any of my employee•associated accounts, are being pre-cleared by Compliance, and
- all of my employee and employee-associated accounts are maintained with a designated broker or will be moved to a designated broker withm the applicable time period, except for any accounts that have been granted a written exemption by Compliance.

• A Senior-level Employee is any employee whose (al annual base salary rate is USS150.000 for the local currency equivalent) or higner, OR (e) total annual cam compensation IS USS250,000 (or the local currency equivalent) or higher Total annual cash compensation means the employee's annual oase salary rate plus jobrshift differentials as of the last preceding August 1, plus cash earnings under any incentive plans or programs (e g. annual bonus, commissions, draws, overrides, and special recognition payments or incentives) that are paid to or deferred by the employee during me 12-month period ending the last preceding July 31. It does not include overtime pay. (For US employees. total annual cash compensation is the amount used for medical plan purposes, as snown on the Benefits Weo Center.)

Stanciaro ID 0093791

Name: Staley, lames

Departmeht IB EXEC 2

Affirmation Cate. 02 Jul 2012

A CODE AFFIRMATION BY THE ABOWNAME4 EMPLOYEE WAS RECEIVED BY TN! OFFICE OF THE SECRETARY