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and content contained on the Site may be changed without notice and CIBC Capital instruments mentioned in materials at this site or in options or other derivative instruments sell or a solicitation of any offer to buy the securities, products or any other instruments This agreement of Canadian Imperial Bank of Commerce in Canada and/or its subsidiaries in other The material found on the Site is not intended to constitute financial, legal, Site and does not imply that CIBC Capital Markets has verified any of the information with any of the Terms of Use, do not access or use the Site.

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legal disclaimers, restrictions or disclosures, and any copyright or proprietary notices. ("Third Party Sites") may be found on the Site. shall be governed by and construed in accordance with the substantive and procedural The 35-story, 1,200,000-square-foot (110,000 mAs part of this strategy, in 2003, CIBC sold an asset management division along with retail brokerage to Fahnestock Viner along with the Oppenheimer & Co. name.In November 2007, Oppenheimer & Co. (Fahnestock) announced that it would purchase a major part of CIBC World Markets' U.S. Investment Banking, Corporate Syndicate, Institutional Sales and Trading, Equity Research, Options Trading and a portion of the Debt Capital Markets business which includes Convertible Bond Trading, Loan Syndication, High Yield Origination, and Trading as well as related operations located in the UK, Israel, and Hong Kong. statutory or common law rights and may result in legal action being taken against Any indicative valuations or estimates in materials on the Site are provided for CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association.

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