fbpixel
888-840-1571

National Investment Fraud Lawyers

¿Perdió en bonos y fondos de Puerto Rico?

J.P. Morgan Pays $650,000 Fine and Restitution to Customers Regarding Volatility-Linked ETPs

J.P. Morgan Pays $650,000 Fine and Restitution to Customers Regarding Volatility-Linked ETPs

Posted on Tuesday, January 19th, 2021 at 10:45 pm    

In June 2020, J.P. Morgan was ordered by FINRA to pay $650,000, which included $325,000 in fines as well as $333,619.34 in restitution, plus interest, to its customers regarding supervisory issues related to the sale of volatility-linked exchange-traded products (ETPs). Volatility-linked ETPs pay a high fee to the brokers that sell them. According to FINRA,… Read More

Read More