Resurging enforcement officials at the Commodity Futures
Trading Commission brought another significant enforcement action this week.
The settled proceeding was against JPMorgan Chase Bank, N.A. It arose out of
the unlawful handling of customer segregated funds belonging to Lehman Brothers
WASHINGTON, D.C. - (Mealey's) JPMorgan Chase
Bank NA on Wednesday agreed to pay $20 million to settle a U.S. Commodity
Futures Trading Commission (CFTC) suit alleging that it mishandled Lehman
Brothers Inc. customers' funds during Lehman's collapse ( In re:
JPMorgan Chase Bank NA , No...
NEW YORK — (Mealey’s) The U.S. Commodities Futures Trading Commission (CFTC) on June 27 filed a civil complaint in the U.S. District Court for the Southern District of New York, alleging that Jon S. Corzine, as CEO of bankrupt MF Global Holdings Ltd. (MFGH), is legally responsible for MFGH’s...