Former J.P. Morgan Securities advisor David Beston agreed to pay a $5,000 fine and serve a five-month suspension from association with any FINRA member firm in any capacity.
Former J.P. Morgan Securities advisor David Beston agreed to pay a $5,000 fine and serve a five-month suspension from association with any FINRA member firm in any capacity.
J.P. Morgan Securities LLC settled charges brought by the U.S. Securities and Exchange Commission (“SEC”) that the firm fraudulently engaged in manipulative trading of U.S. Treasury securities.
Former JP Morgan Securities broker, Deborah L. Beal, agreed to pay a $5,000 fine and serve a 2-month suspension from association with any FINRA member firm in all capacities.
FINRA fined J.P. Morgan in 2009, and the regulator is doing so again – this time with a fine that is nearly 10 times greater – perhaps to send a message.
J.P. Morgan Securities is seeking a temporary restraining order against an advisor who defected for Merrill Lynch.
FINRA has ordered J.P. Morgan to pay a former registered representative $295,563 in compensatory damages.
J.P. Morgan currently is under investigation by the CFTC and the SEC for allegedly steering its private banking clients into its own hedge funds.
Michael Oppenheim, a former JPMorgan Chase & Co. broker, was arrested Thursday for stealing $20 million from his clients over a four-year period.
FINRA has fined 10 firms a total of $43.5 million for allowing their equity research analysts to solicit investment banking business and for offering favorable research coverage in connection with the 2010 planned initial public offering of Toys R Us.