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Violation Tracker Individual Record

Company: J.P. Morgan Securities LLC
Current Parent Company: JPMorgan Chase
Penalty: $900,000
Year: 2017
Date: January 11, 2017
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: financial institution supervision failures
Violation Description: The U.S. Commodity Futures Trading Commission issued an Order filing and settling charges against J.P. Morgan Securities LLC for failing to diligently supervise its officers', employees', and agents' processing of exchange and clearing fees it charged customers for trading and clearing Chicago Mercantile Exchange, Inc. products and products from certain other exchanges during 2010 to 2014.
Level of Government: federal
Action Type: agency action
Agency: Commodity Futures Trading Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.