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JPMorgan Admits Spoofing by 15 Traders, Two Desks in Record Deal

JPMorgan Admits Spoofing by 15 Traders, Two Desks in Record Deal

JPMorgan Chase & Co. admitted wrongdoing and agreed to pay more than $920 million to resolve U.S. authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the illegal practice known as spoofing.
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Ph ya 4 year ago
Yrs a fine that comes out of share holders profits. What a joke the just-us government dept is. How about some jail time for the traders and their boss
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