JPMorgan Chase has been fined $4 million by the U.S. Securities and Exchange Commission after about 47 million emails belonging to its retail banking group were mistakenly and permanently deleted.
has been fined $4 million by the U.S. Securities and Exchange Commission after about 47 million emails belonging to its retail banking group were mistakenly and permanently deleted.
Many of the emails were business records that the largest U.S. bank was required under SEC rules to keep for three years. According to a cease-and-desist order, the vendor failed to properly apply the three-year retention setting to "Chase" emails from early 2018.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC levies $4 mln penalty on JPMorgan Chase for deleting 47 mln ‘electronic communications’The Securities and Exchange Commission on Thursday said it’s requiring JPMorgan Chase & Co. to pay a $4 million penalty for allegedly violating rules for...
Read more »
Crypto Sites Are Naming Fake Dispute Resolution Organizations: Canada’s Securities RegulatorCanada's CSA_news is warning crypto investors that some companies are citing 'fake' dispute resolution agencies to give a sheen of legitimacy. thesamreynolds reports.
Read more »
U.S. securities regulator hits top SPAC auditor with $10 mln fineThe U.S. Securities and Exchange Commission (SEC) on Wednesday slapped Marcum LLP with a $10 million penalty for standards violations and systemic quality control failures in its audit work for hundreds of special purpose acquisition companies, or SPACs.
Read more »
Epstein Connected JPMorgan Exec to Netanyahu, Prince AndrewNew emails reveal the convicted sex offender emailed JPMorgan’s Jes Staley about meetings with the Israeli PM, royals, Bill Gates, a MidEast sultan, and “one of Putin’s people.”
Read more »
U.S. Virgin Islands reveals 'Project Jeep' effort at JPMorgan to study Epstein tiesEmails between ex-JPM banker Jes Staley and Epstein and an internal 2019 probe that may have been ordered by CEO Jamie Dimon surfaced in latest court documents
Read more »
Jeffrey Epstein reportedly tried to help ex-JPMorgan CEO Jes Staley’s daughter get into ColumbiaAccording to a 22-page document reviewed by The Wall Street Journal, Jeffrey Epstein allegedly helped ex-JPMorgan CEO’s daughter, Alexa, get into the PhD program at Columbia University.
Read more »