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Data feed problems lead to a $200m fine for JPMorgan

JP Morgan HQ
Photo: Eduardo Munoz Alvarez/VIEWpress/Getty Images

Thomas Hyrkiel, Julie DiMauro

1 min read
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The issues resulted in trade surveillance gaps in connection with multiple venues and trading systems.

According to the CFTC’s order, the bank failed to configure some key data feeds, which meant that trade and order data stemming from these trading venues was not being ingested into its surveillance systems.

The problems were uncovered in June 2021 while the bank was onboarding a new

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