FINRA Fines JPMorgan Securities $750,000 for Compliance Lapses
The Financial Industry Regulatory Authority (FINRA) May 16 issued JPMorgan Securities a censure and a $750,000 fine for having in place risk management controls and supervisory procedures that were not reasonably designed and, thus, failed to prevent five erroneous market orders, FINRA announced. According to FINRA’s order, “from January 2019 Read More