October 22, 2013 BY Gerald Segal
CFTC fines JP Morgan $100 million in shadow of $13B DoJ settlement
Lesson learned? Right or wrong, don't (overly) fight your regulator. In normal times, a $100 million fine levied against a respected, regulated, licensed broker would make headlines. Big headlines. But today's announcement that the CFTC, with its staff now back at work after the US Government shutdown, has fined JP Morgan (NYSE:JPM) $100 million over…
Read more