Violation Tracker Individual Record

Company: 
J.P. Morgan Securities LLC and JPMorgan Chase Bank N.A.
Current Parent Company: 
JPMorgan Chase
Penalty: 
$267,000,000
Primary Offense: 
investor protection violation
Violation Description: 

The Securities and Exchange Commission announced that two J.P. Morgan wealth management subsidiaries agreed to pay $267 million and admit wrongdoing to settle charges that they failed to disclose conflicts of interest to clients.

Year: 
2015
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.