Defendant Name: J.P. Morgan Securities LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: JPMorgan Chase & Co.
SIC Code: 6021
CUSIP: 46625H10

Document Reference: 34-95367

Document Details

Legal Case Name In the Matter of J.P. Morgan Securities LLC
Document Name Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) And 21C of the Securities Exchange Act of 1934 and Sections 203(e) And 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date 27-Jul-2022
Document Format Administrative Proceeding
File Number 3-20936
Allegation Type Broker Dealer
Document Summary On July 27, 2022, the SEC instituted settled administrative and cease-and-desist proceedings against J.P. Morgan Securities LLC, stating: "These proceedings arise out of JPMS’s failure to adequately develop and implement a written identity theft prevention program as required by Rule 201 of Regulation S-ID."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Censured
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:

Civil Penalty

Individual:     $1,200,000.00 Shared:    

Related Documents:

2022-131_3-20936 27-Jul-2022 Press Release--Administrative Proceeding
SEC Charges JP Morgan, UBS, and TradeStation for Deficiencies Relating to the Prevention of Customer Identity Theft
The SEC statet that "separately charged J.P. Morgan Securities LLC, UBS Financial Services Inc., and TradeStation Securities, Inc. for deficiencies in their programs to prevent customer identity theft, in violation of the SEC's Identity Theft Red Flags Rule, or Regulation S-ID."