Defendant Name: JPMorgan Chase & Co.

Defendant Type: Public Company
SIC Code: 6021
CUSIP: 46625H10

Initial Case Details

Legal Case Name In the Matter of JPMorgan Chase & Co.
First Document Date 17-Nov-2016
Initial Filing Format Administrative Action
File Number 3-17684
Allegation Type Foreign Corrupt Practices Act
AAER 3824

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 30A

Resolutions

First Resolution Date 17-Nov-2016
Headline Total Penalty and Disgorgement $130,591,405

Related Documents:

34-79335 17-Nov-2016 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On November 17, 2016, SEC issued a settled administrative order against JPMorgan Chase & Co. According to the SEC, the Company made violates violations of the anti-bribery, books and records, and internal controls provisions of the Foreign Corrupt Practices Act between 2006 and 2013 by "providing valuable jobs and internships to the relatives and friends of certain key executives of its clients, prospective clients, and foreign government officials in the Asia-Pacific region as a personal benefit to the requesting officials in order to obtain or retain investment banking business or other benefits for the firm."
2016-241 17-Nov-2016 Press Release--Administrative Proceeding
JPMorgan Chase Paying $264 Million to Settle FCPA Charges
On November 17, 2016, the SEC announced that "JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region by giving jobs and internships to their relatives and friends in violation of the Foreign Corrupt Practices Act."