sec whistleblower attorneys
December 26, 2018
JPMorgan Chase Bank N.A.
Trading and Pricing
SANCTION AMOUNT: $135100000
Defendants: JPMorgan Chase Bank N.A.
The Commission found that Respondent improperly provided American Depositary Receipts (ADRs) to brokers in thousands of pre-release transactions when neither the brokers nor their customers had the foreign shares needed to support them, leading to inappropriate short selling and dividend arbitrage.
- Key Docs
- Official SEC press release
