JPMorgan Chase to Settle with CFTC for $100 Million Over Trade Reporting Failures on Wednesday

May 22, 2024, 07:23 PM

JPMorgan Chase is poised to admit wrongdoing as part of a $100 million settlement with the U.S. Commodity Futures Trading Commission (CFTC) over trade reporting failures. The CFTC is expected to announce the settlement as soon as Wednesday, May 22, according to sources with direct knowledge of the matter. The settlement addresses violations related to trade reporting lapses. The ticker symbol for JPMorgan Chase is $JPM.