https://www.theguardian.com/business/2020/sep/29/jpmorgan-chase-admits-spoofing-us-market-manipulation-pay-920m
6 replies (most recent on top)
No doubt JPMC financial sectors grapples with large-scale fraud, as repetitive back-office tasks and often overwhelming regulatory IT teams and compliance guidelines, but Particularly sending jobs overseas has contribute to an increase of irregular activity, no money has been saved based on the latest FinCen, and trading fines levied against JPMC,
instead they should maintain operations in their corporate headquarters and retain their staff they already have.
Naive......Starts at the TOP.
They all knew and should be prosecuted! If they didn’t know they should be fired! Inadequate oversight and governance !
what controls? I am in compliance and I CAN ATTEST, that this place is a circus, thousands of exceptions here, Hundred of thousand of exceptions there, approved on the fly by our director just a front to fo the things you are reading in the news, very soon some docs may leak to the press to expose this ruse.
How sad they let this happened again. That's because Control Officers and Compliance are let go or moved around if they seem to smart and ask to many questions.
The conduct of the individuals referenced in today's resolutions is unacceptable and they are no longer with the firm," said Daniel Pinto, co-president of JPMorgan Chase and CEO in the statement,
Jamie is really good...LOL