Defendant Name:
J.P. Morgan Securities LLC
Defendant Type:
Subsidiary of Public Company
Document Reference:
2020-233
Document Details
Legal Case Name
In the Matter of J.P. Morgan Securities LLC
Document Name
J.P. Morgan Securities Admits to Manipulative Trading in U.S. Treasuries
Document Date
29-Sep-2020
Document Format
Administrative Proceeding
Allegation Type
Market Manipulation
Document Summary
The SEC "announced charges against J.P. Morgan Securities LLC, a broker-dealer subsidiary of JPMorgan Chase & Co., for fraudulently engaging in manipulative trading of U.S. Treasury securities. J.P. Morgan Securities admitted the findings in the SEC's order, and agreed to pay disgorgement of $10million and a civil penalty of $25 million to settle the action."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Disgorgement
Individual:
$10,000,000.00
Shared:
Civil Penalty
Individual:
$25,000,000.00
Shared: