JPM Dec 2024 170.000 call
- Reuters
JPMorgan's Australia arm fined $509,000 for allowing suspicious client orders
The Australian Securities and Investments Commission (ASIC) said it found J.P. Morgan Securities' failure to identify the suspicious trades to be "careless" and that it should have acted more expeditiously when the regulator flagged the transactions. "JPMSAL (J.P. Morgan Securities) has resolved this matter," a JPMorgan spokesperson told Reuters. JPMorgan did not contest the allegations against it and paid the penalty amount, the regulator said.
- Bloomberg
JPMorgan Inclusion of Indian Bonds to Aid Private Credit Market
(Bloomberg) -- India’s inclusion into JPMorgan Chase & Co.’s bond index will give a boost to its private credit markets by providing a benchmark for investments and attracting more inflows, according BPEA Credit. Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialThe inclusion con
- Reuters
UPDATE 2-JPMorgan's Australia arm fined $509,000 for allowing suspicious client orders
JPMorgan's Australian arm has been fined A$775,000 ($509,252.50) for allowing suspicious client orders to be placed on wheat futures trading designed to manipulate the market, the country's corporate regulator said on Thursday. The Australian Securities and Investments Commission (ASIC) said it found J.P. Morgan Securities' failure to identify the suspicious trades to be "careless" and that it should have acted more expeditiously when the regulator flagged the transactions. "JPMSAL (J.P. Morgan Securities) has resolved this matter," a JPMorgan spokesperson told Reuters.
