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JPMorgan Fined $2.8m over Improper Safeguards for Customers
JPMorgan Chase & Co will pay $2.8 million to settle charges that a broker-dealer unit lacked sufficient controls to safeguard customer securities from several countries over more than eight years, a U.S. regulator said on Wednesday. The Financial Industry Regulatory Authority (FINRA) said JPMorgan Clearing Corporation created hundreds of millions of dollars of deficits by […]
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