JPMorgan To Pay $100M To Settle Credit Default Swap Manipulation Claims

JPMorgan To Pay $100M To Settle Credit Default Swap Manipulation Claims

WASHINGTON, D.C. - JPMorgan Chase Bank N.A. has agreed to pay $100 million and to cease and desist in the violation of provisions of the Commodity Exchange Act (CEA) for its role in manipulating a massive credit default swap (In the Matter of JPMorgan Chase Bank N.A., No. 14-01, CFTC).

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