Tagged with "JP Morgan"

SEC Charges J.P. Morgan, UBS, and TradeStation for Deficiencies Pertaining to the Prevention of Customer Identify Theft

Posted on August 12th, 2022 at 1:28 PM
SEC Charges J.P. Morgan, UBS, and TradeStation for Deficiencies Pertaining to the Prevention of Customer Identify Theft

The Securities and Exchange Commission (SEC) has charged J.P. Morgan Securities, UBS Financial Services, and TradeStation Securities over deficiencies in their programs designed to prevent client identify theft, which violates the SEC’s Identity Theft Red Flags Rule, or Regulation S-ID.

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JP Morgan Manager Reveals Issues Regarding ESG Loan Pitches

Posted on June 28th, 2022 at 3:03 PM
JP Morgan Manager Reveals Issues Regarding ESG Loan Pitches

The market for sustainability-linked loans is still severely prone to “greenwashing”, or investing more time and effort into marketing itself as environmentally friendly rather than actually minimizing its environmental impact, according to one of J.P. Morgan’s managers who often helps to sort through debt that is pitched to the company.

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Three Former J.P. Morgan Advisors Prevail In $3 Million Transition Dispute

Posted on June 20th, 2022 at 3:28 PM
Three Former J.P. Morgan Advisors Prevail In $3 Million Transition Dispute

A Financial Industry Regulatory Authority (FINRA) arbitration panel has denied J.P. Morgan’s claims against three former advisors who allegedly had violated their non-solicitation agreements while transferring to a new firm.

 
 

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Focus Financial Board Member Sues J.P. Morgan Over $7 Million In Pandemic Losses

Posted on May 17th, 2022 at 1:57 PM
Focus Financial Board Member Sues J.P. Morgan Over $7 Million In Pandemic Losses

A California dermatologist, who also is a Focus Financial Partners board member, has filed a $7 million arbitration claim against J.P. Morgan over pandemic-related losses in a managed account.

 
 

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J.P. Morgan Loses TRO Bid Against Former Advisor

Posted on March 14th, 2022 at 1:28 PM
J.P. Morgan Loses TRO Bid Against Former Advisor

A New Jersey federal court has denied J.P. Morgan’s request for a temporary restraining order (TRO) against an advisor who joined Wells Fargo in February 2022.

 
 

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J.P. Morgan Ordered To Pay $1.4 Million To Advisor In Defamation Case

Posted on February 22nd, 2022 at 12:51 PM
J.P. Morgan Ordered To Pay $1.4 Million To Advisor In Defamation Case

A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered J.P. Morgan to pay $1.4 million to a former advisor who alleged defamation following his termination nearly five years ago.

 
 

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J.P. Morgan Settles With Cresset Over ‘Raid’ Of Private Bankers

Posted on February 10th, 2022 at 2:20 PM
J.P. Morgan Settles With Cresset Over ‘Raid’ Of Private Bankers

J.P. Morgan settled a lawsuit with Chicago-based advisory firm Cresset Asset Management pertaining to its alleged raid of at least 10 J.P. Morgan private bankers.

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J.P. Morgan Seeks TRO Over Departing Advisor

Posted on January 17th, 2022 at 1:09 PM
J.P. Morgan Seeks TRO Over Departing Advisor

J.P. Morgan Chase’s brokerage business has requested that a Louisville, Kentucky, federal court issue a temporary restraining order (TRO) barring one of its former advisors from soliciting its clients.

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SEC Orders J.P. Morgan To Pay $125 Million Penalty Over Messaging Apps

Posted on December 24th, 2021 at 1:06 PM
SEC Orders J.P. Morgan To Pay $125 Million Penalty Over Messaging Apps

The Securities and Exchange Commission (SEC) has agreed to a $125 million settlement with J.P. Morgan Chase & Co. over its failure to preserve employee communications sent over email and messaging apps.

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Judge Rejects J.P. Morgan Advisor’s Bid For TRO To Thwart Client Poaching

Posted on December 23rd, 2021 at 11:08 AM
Judge Rejects J.P. Morgan Advisor’s Bid For TRO To Thwart Client Poaching

A federal judge has rejected a former J.P. Morgan advisor’s unusual bid to halt private bankers at her prior firm from soliciting her clients in a “high-stakes” client poaching case.

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