Archive for November 2013
JPMorgan’s Settlement Demonstrates Dodd-Frank’s Bite
Christopher J. Frisina On October 16, 2013, JP Morgan Chase Bank NA (“JPMorgan”) settled with the U.S. Commodities and Futures Trading Commission (“CFTC”) for $100 million.[1] JPMorgan admitted to reckless conduct in regard to its market manipulation to cover $6.2 billion losses through its “London Whale” scandal. Bruno Iksil from the London division of JPMorgan’s…
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