CFTC Orders JPMorgan to Pay Record $920M for Spoofing and Manipulation (2020)

Re:CFTC Orders JPMorgan to Pay Record $920M for Spoofing and... by wanderinghogan on Monday December 06, 2021 @02:08AM (#29457038)

I wish the press release indicated how much JPMS gained, so I could know if JPMS is still significantly ahead after these penalties.

Does the deferred criminal prosecution mean, basically, pay your fine and don't do it again and you won't be prosecuted? So they really face no long term negatives if they gained more by knowingly breaking the law and paying a fine later?

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Re:CFTC Orders JPMorgan to Pay Record $920M for Spoofing and... by andylynch on Monday December 06, 2021 @02:53AM (#29457278)

This whould be the $172M in disgorgement mentioned in the order.

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Re:CFTC Orders JPMorgan to Pay Record $920M for Spoofing and... by wanderinghogan on Monday December 06, 2021 @02:49PM (#29464651)

thank you!

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Re:CFTC Orders JPMorgan to Pay Record $920M for Spoofing and... by pixelpoet on Monday December 06, 2021 @02:25AM (#29457125)

100% agree, the crucial thing to know is if this is just a cost of doing business and is effectively a government bribe to let them keep doing it.

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