Violation Tracker Individual Record

Company: 
J.P. Morgan Securities LLC
Current Parent Company: 
JPMorgan Chase
Penalty: 
$25,000,000
Year: 
2010
Date: 
December 22, 2010
Primary Offense: 
investor protection violation
Violation Description: 

The $25 million settlement resolved allegations the company sold unregistered securities to the Local Government Investment Pool contrary to Florida's securities law.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Florida Attorney General
Civil or Criminal Case: 
civil
Private Lawsuit Resolution Type: 
settlement
Facility State: 
Florida
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source of Data: 

"Attorney General Issues Statement on Multi-Million Dollar Settlement with J.P. Morgan Securities LLC," Targeted News Service, December 22, 2010 (via Nexis).

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.