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The Daily Hodl
2024-05-28 23:00:03

JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator

JPMorgan Chase has issued a rare admission of guilt and agreed to pay a $100 million fine to a US market regulator. The Commodity Futures Trading Commission (CFTC) says the trillion-dollar bank admits that it failed to monitor billions of orders from its traders and clients – a mandatory process designed to detect market misconduct. The post JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator appeared first on The Daily Hodl .

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