The Treasury Department plans to sell warrants it obtained from JPMorgan Chase & Co., Capital One Financial Corp. and TCF Financial Corp. in modified Dutch auctions that would be held over the next month.

The Treasury obtained the warrants in connection with capital it provided to each of the institutions through the Troubled Asset Relief Program. While some banks have negotiated directly with the Treasury to determine prices at which they would buy back warrants, JPMorgan Chase and others have pushed for sales in a more public forum.

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