J.P. Morgan Securities fined for client fund mishandling

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 | Regulatory | Financial | Fine |
Updated By: History Editorial Network (HEN)
Published:  | Updated:
1 min read

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
Location: United States
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