| 05.04.2012 Opalesque Exclusive: CFTC fines JPMorgan $20m for mishandling segregated accounts |
| Bailey McCann, Opalesque New York: The U.S. Commodity Futures Trading Commission (CFTC) has settled charges against New York-based, JPMorgan Chase Bank N.A. for unlawful handling of Lehman Brother’s customer segregated funds. JPMorgan will have to pay a $20m fine and rework their processes to ensure proper handling of segregated funds in the future. From November 2006 to September 2008, JP |