June 13, 2012
VIA EDGAR SUBMISSION
Ms. Stephanie J. Ciboroski, Senior Assistant Chief Accountant
Ms. Angela Connell
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, DC 20549
Re: | E*TRADE Financial Corporation |
Form 10-K for the Fiscal Year Ended December 31, 2011 |
Filed February 23, 2012 |
Form 10-Q for the Quarterly Period Ended March 31, 2012 |
Filed May 4, 2012 |
File No. 001-11921 |
Dear Ms. Ciboroski and Ms. Connell:
This letter is in response to your letter of June 8, 2012. As discussed by phone, the Company proposes to respond to your letter no later than July 13, 2012. The Company requests additional time in order to ensure that it can provide a complete response to the comments. The Company confirms that in preparing its quarterly report the Company will use all reasonable efforts to incorporate the Staff’s requested disclosures or revisions in the Form 10-Q for the quarterly period ended June 30, 2012 to the extent the Company believes they are applicable and appropriate. Please feel free to contact Katy Albers, VP of Financial Reporting and Accounting Policy at (703) 236-8687 with any questions.
Very truly yours, |
/s/ Matthew J. Audette |
Matthew J. Audette |
Chief Financial Officer |
cc: | Karl A. Roessner |
E*TRADE Financial Corporation |
Sarah K. Solum |
Daniel G. Kelly, Jr. |
Davis Polk & Wardwell |
Mark Wallis |
Brian J. Maloney |
Deloitte & Touche LLP |