Business > Market

JPMorgan set to pay $1 billion fine for metals market manipulation

1 month ago   |   By New York Post

JPMorgan is reportedly set to pay nearly $1 billion to settle a government probe into illegal fake trades. According to multiple reports on Wednesday, the $2.9 trillion megabank is close to paying the fee to end ongoing investigations by the Commodity Futures Trading Commission, the Justice Department and the Securities and Exchange Commission into the...
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JPMorgan set to pay nearly $1 bln in spoofing penalty -source

JPMorgan set to pay nearly $1 bln in spoofing penalty -source

1 month ago   |   By National Post

JPMorgan Chase & Co is set to pay nearly $1 billion to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, a person familiar with the situation said on Wednesday.
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JPMorgan to pay a record $1 billion to settle market-manipulation charges, report says

JPMorgan to pay a record $1 billion to settle market-manipulation charges, report says

1 month ago   |   By Business Insider

Summary List Placement
JPMorgan is set to pay almost $1 billion in settlement fines as US regulators probe the bank for spoofing in precious metals and Treasury markets, Bloomberg reported Wednesday.
The payment would resolve probes by the Justice Department, the Commodities Futures Trading Commission, and the Securities and Exchange Commission.
The nearly $1 billion sum would be a record for alleged spoofing and more closely resemble past penalties for other forms of market manipulation.
Spoofing involves making several orders in a market without the intention of filling them. The...
Read more ...

 

JPMorgan to pay a record $1 billion to settle market-manipulation charges, report says

JPMorgan to pay a record $1 billion to settle market-manipulation charges, report says

1 month ago   |   By Business Insider

Summary List Placement
JPMorgan is set to pay almost $1 billion in settlement fines as US regulators probe the bank for spoofing in precious metals and Treasury markets, Bloomberg reported Wednesday.
The payment would resolve probes by the Justice Department, the Commodities Futures Trading Commission, and the Securities and Exchange Commission.
The nearly $1 billion sum would be a record for alleged spoofing and more closely resemble past penalties for other forms of market manipulation.
Spoofing involves making several orders in a market without the intention of filling them. The...
Read more ...

 

JPMorgan Is Set to Pay $1 Billion in Record Spoofing Penalty

1 month ago   |   By Bloomberg

JPMorgan Chase & Co. is poised to pay close to $1 billion to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, according to three people with knowledge of the matter.
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