{"id":21335,"date":"2021-12-22T10:36:21","date_gmt":"2021-12-22T16:36:21","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=21335"},"modified":"2021-12-22T10:36:21","modified_gmt":"2021-12-22T16:36:21","slug":"jp-morgan-communication-violations","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/jp-morgan-communication-violations\/","title":{"rendered":"J.P. Morgan Fined $200M by SEC &#038; CFTC Over Messaging and Communications Violations"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">J.P. Morgan Securities Will Pay $125M to the Commission<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">J.P. Morgan has arrived at two settlements over recordkeeping and communication violations. These violations included using unapproved channels, such as WhatsApp and personal texts messages. One settlement is with the US Securities and Exchange Commission (SEC) and the other with the <\/span><a href=\"https:\/\/www.cftc.gov\/About\/index.htm\"><span style=\"font-weight: 400;\">Commodity Futures Trading Commission <\/span><\/a><span style=\"font-weight: 400;\">\u00a0(CFTC). The firm has admitted to the violations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The settlement with the SEC is with J.P. Morgan brokerage firm subsidiary, J.P. Morgan Securities, LLC for failures by the company and its employees to maintain and preserve written communications.\u00a0 In addition, the broker-dealer will pay a $125M penalty and enhance its compliance policies and procedures to resolve the issue.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/jp-morgan-communication-violations\/\"  title=\"Continue Reading J.P. Morgan Fined $200M by SEC &#038; CFTC Over Messaging and Communications Violations\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>J.P. Morgan Securities Will Pay $125M to the Commission J.P. Morgan has arrived at two settlements over recordkeeping and communication violations. These violations included using unapproved channels, such as WhatsApp and personal texts messages. One settlement is with the US Securities and Exchange Commission (SEC) and the other with the Commodity Futures Trading Commission \u00a0(CFTC). [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4522,3801],"tags":[3492,3307,2961],"class_list":["post-21335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jp-morgan-securities","category-sec","tag-cftc","tag-jp-morgan","tag-sec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>J.P Morgan Fined $200M by CTFC Over Communications Violations<\/title>\n<meta name=\"description\" content=\"The SEC and CFTC have fined J.P Morgan for failing to conduct adequate messaging and communication protocols with customers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/jp-morgan-communication-violations\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"J.P Morgan Fined $200M by CTFC Over Communications Violations\" \/>\n<meta name=\"twitter:description\" content=\"The SEC and CFTC have fined J.P Morgan for failing to conduct adequate messaging and communication protocols with customers.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/12\/jonathan-kemper-t6Wmvbw_MdI-unsplash-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"J.P Morgan Fined $200M by CTFC Over Communications Violations","description":"The SEC and CFTC have fined J.P Morgan for failing to conduct adequate messaging and communication protocols with customers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/jp-morgan-communication-violations\/","twitter_card":"summary_large_image","twitter_title":"J.P Morgan Fined $200M by CTFC Over Communications Violations","twitter_description":"The SEC and CFTC have fined J.P Morgan for failing to conduct adequate messaging and communication protocols with customers.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2021\/12\/jonathan-kemper-t6Wmvbw_MdI-unsplash-1.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/jp-morgan-communication-violations\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/jp-morgan-communication-violations\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"J.P. 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