Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: JPMorgan Chase & Co.
Current Parent Company: JPMorgan Chase
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $905,000
Year: 2016
Date: March 1, 2016
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: JPMorgan agreed to pay $135,000 in restitution, $250,000 for investor education, $260,000 in costs and a $260,000 civil penalty in settlement of allegations it did not explain the risks of residential mortgage-backed securities to investors.
Level of Government: state
Action Type: agency action
Agency: Indiana Securities Division
Civil or Criminal Case: civil
Case ID: 15-0024 CA
Facility State: Indiana
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.