J.P. Morgan to Pay $151 Million for Alleged Misleading Disclosures, Other Charges

The SEC said that the bank’s violations included misleading disclosures to investors, not acting or making recommendations in the best interest of shareholders and prohibiting joint transactions and principal trades.

The SEC said that the bank’s violations included misleading disclosures to investors, not acting or making recommendations in the best interest of shareholders and prohibiting joint transactions and principal trades.