JPMorgan to Pay $920 Million in Record Spoofing Case

Busted for tricking the markets - and a year ago racketeering charges were started.
Sep.29 -- JPMorgan Chase & Co. admitted wrongdoing and agreed to pay more than $920 million to resolve U.S. authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the illegal practice known as spoofing. 
Tom Schoenberg reports on "Bloomberg Daybreak: Asia."

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•Sep 29, 2020