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JPMorgan expects to pay $350m penalty over trade reporting gaps

Image of the front of a JPMorgan Chase Co. location.
Photo: Chris Hondros/Getty Images

Julie DiMauro

1 min read
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The bank said in a filing on Friday that it expects to pay civil penalties to regulators for reporting incomplete trading data to surveillance platforms.

JPMorgan Chase & Co (JPM), the largest US bank, will pay more than $350m to settle regulatory claims that it failed to feed information on trades into market surveillance systems. In an annual filing on Friday, the bank said it was subject to such penalties to two US watchdogs and

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