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coinpedia 2024-11-01 03:06:27

JPMorgan Hit with $151 Million SEC Settlement Over Misleading Customers

The post JPMorgan Hit with $151 Million SEC Settlement Over Misleading Customers appeared first on Coinpedia Fintech News JPMorgan Chase has agreed to pay $151 million to settle five SEC charges, including allegations of misleading disclosures to clients. The SEC says the U.S.’s largest bank put customers at risk by failing to reveal conflicts of interest across several business lines fully. The settlement includes $61 million in fines and $90 million in reimbursements. …

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