London Daily

London Daily News
Sunday, Nov 29, 2020

JPMorgan Admits Spoofing by 15 Traders, Two Desks in Record Deal

JPMorgan Admits Spoofing by 15 Traders, Two Desks in Record Deal

JPMorgan Chase & Co. admitted wrongdoing and agreed to pay more than $920 million to resolve U.S. authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the illegal practice known as spoofing.
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Ph ya 60 days ago
Yrs a fine that comes out of share holders profits. What a joke the just-us government dept is. How about some jail time for the traders and their boss
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