Financial Crime Financial Crime

JPMorgan to pay $920 million for spoofing

By Richard Vanderford
  • 29 Sep 2020 12:40
  • 29 Sep 2020 13:48
JPMorgan has agreed to pay a record $920 million for spoofing after engaging in what one top enforcer called an "unparalleled" eight-year systematic scheme.
JPMorgan precious metals and treasuries traders placed hundreds of thousands of fake orders to illegally move the market, the Commodity Futures Trading Commission said today (see

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