{"id":5894,"date":"2015-10-30T00:00:00","date_gmt":"2015-10-30T05:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2015\/10\/securities_news_jp_morgan_face"},"modified":"2022-05-17T13:55:07","modified_gmt":"2022-05-17T18:55:07","slug":"securities-news-jp-morgan-face","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/securities-news-jp-morgan-face\/","title":{"rendered":"Securities News: J.P. Morgan Face Restrictions on Raising Clients Funds In the Wake of Improper Product Disclosures to Investments, Intel Sued Over Improperly Investing 401K Funds, and Citigroup, Bank of America, Other Big Banks Get New Bailout Rules"},"content":{"rendered":"<p><strong>SEC Seeks to Limit JP Morgan\u2019s Ability to Raise Client Money <\/strong><br \/>\nAn Over $200K settlement between <a href=\"https:\/\/www.investorlawyers.com\/jp-morgan-chase-background-information.html\">J.P. Morgan Chase &amp; Co. (JPM)<\/a> and regulators has stalled because of efforts by federal regulators to limit the firm\u2019s ability to raise money for clients. The move is an attempt to place a wider variety of consequences on financial firms accused of breaking regulations.<\/p>\n<p>J.P. Morgan had settled allegations accusing it of failing to make proper disclosures when marketing its investment products to clients over the products offered by competitors. Now, the SEC wants the firm to say yes to limits on its ability to sell bonds or stocks through private placements for several years. Such a restriction could hamper its private bank\u2019s efforts to raise funds for hedge funds and other clients through a key channel or sell bonds or stocks privately to rich investors and other sophisticated investors.<\/p>\n<p>While banks are allowed to conduct private placement offerings, firms that violate the rules that these securities are under will lose privilege unless they are given a waiver.<\/p>\n<p><strong>Lawsuit Accuses Intel of Investing 401K Monies Improperly<\/strong><br \/>\nAn ex-Intel Corp. employee is suing company officials for breach of fiduciary duty. According to Christopher M. Sulyma, the company invested defined 401K participants\u2019 retirement funds in high risk, costly private equity funds and hedge funds.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/securities-news-jp-morgan-face\/#more-5894\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEC Seeks to Limit JP Morgan\u2019s Ability to Raise Client Money An Over $200K settlement between J.P. Morgan Chase &amp; Co. (JPM) and regulators has stalled because of efforts by federal regulators to limit the firm\u2019s ability to raise money for clients. The move is an attempt to place a wider variety of consequences on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3751,4020,3752,3947,3958,3787,3760,3761,3836],"tags":[2547,2638,3561],"class_list":["post-5894","post","type-post","status-publish","format-standard","hentry","category-bank-of-america","category-bank-of-new-york-mellon-corp","category-financial-firms","category-goldman-sachs","category-jp-morgan-chase","category-morgan-stanley","category-sec-enforcement","category-securities-and-exchange-commis","category-wells-fargo","tag-401k-lawsuits","tag-federal-reserve","tag-intel"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Securities News: J.P. Morgan Face Restrictions on Raising Clients Funds In the Wake of Improper Product Disclosures to Investments, Intel Sued Over Improperly Investing 401K Funds, and Citigroup, Bank of America, Other Big Banks Get New Bailout Rules &#8212; Investor Lawyers Blog &#8212; October 30, 2015<\/title>\n<meta name=\"description\" content=\"SEC Seeks to Limit JP Morgan\u2019s Ability to Raise Client Money An Over $200K settlement between J.P. Morgan Chase &amp; Co. (JPM) and regulators has stalled &#8212; October 30, 2015\" \/>\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\/securities-news-jp-morgan-face\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Securities News: J.P. Morgan Face Restrictions on Raising Clients Funds In the Wake of Improper Product Disclosures to Investments, Intel Sued Over Improperly Investing 401K Funds, and Citigroup, Bank of America, Other Big Banks Get New Bailout Rules &#8212; Investor Lawyers Blog &#8212; October 30, 2015\" \/>\n<meta name=\"twitter:description\" content=\"SEC Seeks to Limit JP Morgan\u2019s Ability to Raise Client Money An Over $200K settlement between J.P. Morgan Chase &amp; Co. (JPM) and regulators has stalled &#8212; October 30, 2015\" \/>\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=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Securities News: J.P. Morgan Face Restrictions on Raising Clients Funds In the Wake of Improper Product Disclosures to Investments, Intel Sued Over Improperly Investing 401K Funds, and Citigroup, Bank of America, Other Big Banks Get New Bailout Rules &#8212; Investor Lawyers Blog &#8212; October 30, 2015","description":"SEC Seeks to Limit JP Morgan\u2019s Ability to Raise Client Money An Over $200K settlement between J.P. Morgan Chase &amp; Co. (JPM) and regulators has stalled &#8212; October 30, 2015","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\/securities-news-jp-morgan-face\/","twitter_card":"summary_large_image","twitter_title":"Securities News: J.P. Morgan Face Restrictions on Raising Clients Funds In the Wake of Improper Product Disclosures to Investments, Intel Sued Over Improperly Investing 401K Funds, and Citigroup, Bank of America, Other Big Banks Get New Bailout Rules &#8212; Investor Lawyers Blog &#8212; October 30, 2015","twitter_description":"SEC Seeks to Limit JP Morgan\u2019s Ability to Raise Client Money An Over $200K settlement between J.P. Morgan Chase &amp; Co. (JPM) and regulators has stalled &#8212; October 30, 2015","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/securities-news-jp-morgan-face\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/securities-news-jp-morgan-face\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Securities News: J.P. 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