J.P. Morgan Securities fined for client fund mishandling
United States
Regulatory
Financial
Fine
1 min read
Updated By: History Editorial Network (HEN)
Published:
Updated:
J.P. Morgan Securities was fined £33.32 million ($49.12 million) by the UK Financial Services Authority (FSA) for failing to protect an average of £5.5 billion of clients' money from 2002 to 2009.
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Primary Reference
JPMorgan Chase
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