"J.P. Morgan Settles $18 Million Whistleblower Violation Case with SEC"

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Source: The Wall Street Journal
"J.P. Morgan Settles $18 Million Whistleblower Violation Case with SEC"
Photo: The Wall Street Journal
TL;DR Summary

J.P. Morgan Securities, a subsidiary of JPMorgan Chase, has agreed to pay $18 million to settle charges brought by the Securities and Exchange Commission for violating whistleblower protections. The SEC alleged that the company had prevented hundreds of clients from reporting potential securities law violations to regulators through the use of confidentiality agreements.

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