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

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