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Why Was JP Morgan Fined $200 Million in 2021?

Regulators fined JPMorgan Chase $200 million for breaking federal record-keeping regulations, including turning a blind eye as staff members used personal devices and WhatsApp to do work. A record $125 million settlement was announced by the Securities and Exchange Commission on Friday due to “longstanding failures” by JPMorgan’s securities division to maintain an archive of […]

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