Defendant Name: J.P. Morgan Investment Management Inc.

Defendant Type: Subsidiary of Public Company

Document Reference: 2015-239

Document Details

Legal Case Name In the Matter of J.P. Morgan Investment Management Inc.
Document Name SEC Charges Six Firms for Short Selling Violations in Advanced of Stock Offerings
Document Date 14-Oct-2015
Document Format Administrative Proceeding
File Number 3-16897
Allegation Type Securities Offering
Document Summary On October 14, 2015, the SEC announced enforcement actions against six firms, "as part of its ongoing enforcement initiative focused on violations of Rule 105 of Regulation M." According to the SEC, the 2015 enforcement was the third round of its Rule 105 of Regulation M enforcement initiative. The initial round was in 2013 and the second round in 2014.

Disgorgement & Penalty Information

Resolutions
None Specified

Related Documents:

34-76143 14-Oct-2015 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 and Civil Penalty
On October 14, 2015, the SEC instituted settled cease-and-desist proceedings against J.P. Morgan Investment Management Inc. According to the SEC: "On ten occasions, from October 2009 through September 2012, [J.P. Morgan Investment Management Inc.] bought offering shares from an underwriter or broker or dealer participating in a follow-on public offering after having sold short the same security during the restricted period. These violations collectively resulted in profits of $662,763."