Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

JPMorgan’s Laundry List of Government Probes

Jaclyn Jaeger | May 8, 2015

JPMorgan disclosed this week in a quarterly filing with the Securities and Exchange Commission that it is under several investigations concerning a wide variety of claims, including violations of the Foreign Corrupt Practices Act, foreign exchange sales, LIBOR manipulation, and much more.

“Investigations involve both formal and informal proceedings by both governmental agencies and self-regulatory organizations,” the Form 10-Q stated. “These legal proceedings are at varying stages of adjudication, arbitration or investigation, and involve each of the firm’s lines of business and geographies and a wide variety of claims (including common law tort and contract claims and statutory antitrust, securities, and consumer protection claims).”

Below is a list of investigations, as described by the bank.

Referral hiring practices investigations. Various...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.