News Alert: J.P. Morgan to pay $20M to resolve claims related to Lehman collapse

   
The Washington PostWednesday, April 4, 2012 10:13:28 AM
ECONOMY/BUSINESS NEWS ALERT

News Alert: J.P. Morgan to pay $20M to resolve claims related to Lehman collapse


J.P. Morgan will pay $20 million to resolve U.S. Commodity Futures Trading Commission claims that the bank mishandled customer segregated funds from Lehman Brothers Holdings Inc. from 2006 to 2008.

The CFTC announced the settlement with J.P. Morgan in a statement today.


Read more at:
http://www.washingtonpost.com/business/jpmorgan-pays-20-million-to-settle-cftc-segregated-fund-claims/2012/04/04/gIQAX2o8uS_story.html



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