JPMorgan Chase Facing Potential $1Billion Fine for Fraudulent Trading Practices
A prior investigation into fraudulent trading activity at JPMorgan Chase (NYSE: JPM) could come to a head this week and result in a $1 billion fine for America's largest bank, according to Bloomberg, which cited anonymous sources.
The news source reported that the investigation refers back to an inquiry from the Justice Department, the Commodity Futures Trading Commission, and the Securities and Exchange Commission.
Source Fool.com
