JP Morgan Securities Unit Archives - The Industry Spread

FINRA Came Down on a JP Morgan Securities Unit

September 23, 2019

FINRA today announced it has censured and fined JP Morgan Securities LLC (JPMS) $1.1 million for failing to timely disclose 89 internal reviews or allegations of misconduct by its registered representatives and associated persons spanning a six-year period. FINRA also required an undertaking by the firm to certify within 60 days that it has taken appropriate corrective measures,