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JPMorgan Pays $850K to Resolve FX Swaps Case

July 15, 2022 by Eugene Grygo

JPMorgan Pays $850K to Resolve FX Swaps Case

JPMorgan has reached a $850,000 settlement with the CFTC in a case involving charges that three of the investment bank’s units failed to comply with their reporting obligations as swap dealers. The CFTC order also requires JPMorgan and its swap-dealing entities to cease and desist from further violations of the Commodity Exchange Act (CEA) and… Read More >>

Filed Under: Derivatives Operations, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Reconciliation & Exceptions, Settlement, Governance, Back-Office, Integration, Standards, Performance Measurement, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting Tagged With: automation, back office, Buy-side, CFTC, clearing, collateral management, compliance, derivatives, FX, Securities Operations, settlement, Short-dated FX swaps, Standards, wall street

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