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40
JPMorgan Chase fined a total of $348.2 million for ‘inadequate’ monitoring and market misconduct (www.marketwatch.com) Look! A 17 In Plain Site. 😉
posted 1 year ago by Trump_astic 1 year ago by Trump_astic +40 / -0
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▲ 4 ▼
– Brent75 [M] 4 points 1 year ago +4 / -0

Well well well there is that funny 17 again! Hmm. 3+4+8+2= 17😎. Now I wonder why this is? Dig in Anons as I bet some banking Comms are in here.

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▲ 3 ▼
– slipwave 3 points 1 year ago +3 / -0

...small fine to pay while making millions rigging the price of silver

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▲ 2 ▼
– CHEFF10BRS 2 points 1 year ago +2 / -0

JPM-Chase has to pay a "Fine / Penalty" to it's Parent Company. ( The FED's ! ) Sounds like more "MONEY LAUNDRING" to me ???

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▲ 1 ▼
– Hope4thefuture 1 point 1 year ago +1 / -0

Where does the fine money go? Does it go into the Deep State coffers to fund more nefarious acts or paid right back to JP Morgan Chase? Inquiring minds want to know! I want to know where all monies go from all fines levied by all courts. Forensic audits are needed.

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▲ 1 ▼
– Trump_astic [S] 1 point 1 year ago +1 / -0

More info in this article

https://www.crowdfundinsider.com/2024/03/222747-occ-announces-250m-civil-money-penalty-against-jpmorgan-chase/

The OCC’s enforcement actions are “separate from, but coordinated with, the Board of Governors of the Federal Reserve System which announced a related enforcement action today against JPMorgan Chase & Co.”

The OCC penalty has been “paid to the U.S. Department of the Treasury.”

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▲ 1 ▼
– Jthinker 1 point 1 year ago +1 / -0

When is it enough with the fines WHERE'S jail time. WE THE PEOPLE HAD ENOUGH WITH THE BULL CRAP. ITS TIME FOR US TO HAVE A FREE MARKET BULL RUN!!!!!!!!!!!

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▲ 1 ▼
– supertootsday 1 point 1 year ago +1 / -0

Business as usual. Lie, cheat and steal. Pay a speeding ticket after robbing everyone.

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– Trump_astic [S] 1 point 1 year ago +1 / -0

The move comes after the bank disclosed in February that it expected to pay about $350 million in fines for failing to keep records at its corporate and investment bank.

The bank said at the time that it expected to face requirements that it would have to fix the problem and engage an independent consultant.

The $348.2 million in fines is less than the $290 million it agreed to pay to settle a lawsuit by victims of alleged pedophile and former client Jeffrey Epstein. It also paid $75 million to the U.S. Virgin Islands relating to the Epstein case

JPMorgan Chase & Co. has been fined a total of $348.2 million by the U.S. Federal Reserve and the Office of the Comptroller of the Currency for failing to keep track of all of its trading activities, regulators said Thursday.

The fine includes $98.2 million for an “an inadequate program to monitor firm and client trading activities for market misconduct” from the Federal Reserve as well as $250 million from the Office of the Comptroller of the Currency.

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