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JPMorgan to Pay $850,000 in Swap-Transaction Reporting Case [Business News Network (BNN) (Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
JPMorgan neglected to report around 2.1 million short-dated foreign-exchange swap transactions between September 2015 and February 2020, the CFTC said. That's more than 50% of the total FX swaps the bank conducted in the period. The order notes that JPMorgan said it has reported all of the previously unreported transactions. A bank spokesperson declined to comment. Also Tuesday, the CFTC fined BNP Paribas SA $6 million to settle charges over swap reporting and daily mark disclosures. ©2022 Bloomberg L.P. Top Picks Top Stories Natural gas soars 700%, becoming driving force in the new cold war Citi warns oil may collapse to US$65 by the year-end on recession 'Unstoppable' U.S. dollar tramples on loonie, global currencies TSX pares losses even as oil falls below US$100 per barrel mark Show less Read more
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