US fine of 348 million to JPMorgan for lack of surveillance - Breaking news. JPMorgan has been fined $348 million by US authorities for shortcomings in its trading surveillance programs.
The Office of the Comptroller of the Currency imposed a 250 million fine on the bank. The Fed imposed a 98 million fine for failing to monitor the conduct of its employees and clients. Reproduction of this article means that some of the information contained in this article has been updated since its original publication. To see the original article, please click here.