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Sunday, May 26, 2024 | Back issues
Courthouse News Service Courthouse News Service

JPMorgan Fined $135M

JPMorgan Chase Bank reached a $135 million settlement Wednesday of SEC charges that it improperly handled pre-released American Depositary Receipts, which can promote abuses such as inappropriate short selling and dividend arbitrage.

WASHINGTON — JPMorgan Chase Bank reached a $135 million settlement Wednesday of SEC charges that it improperly handled pre-released American Depositary Receipts, which can promote abuses such as inappropriate short selling and dividend arbitrage.

Categories / Securities

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