October 14, 2015
J.P. Morgan Investment Management Inc.
SANCTION AMOUNT: $1,084,210
Defendants: J.P. Morgan Investment Management Inc.
Settlement of allegations of ten violations of Rule 105 of federal securities laws, which prohibits short selling an equity security during a restricted period in advance of a public offering and then purchasing the security in the offering. Alleged profits of $662,763.
- Key Docs
- Official SEC press release