By Steve Kardell | Published February 17, 2022 | Posted in Fraud, Whistleblower Litigation | Tagged Tags: financial crime, SEC award, whistleblower award |
January was a busy month for the U.S. Securities and Exchange Commission. According to the agency, it issued 11 whistleblower awards in the first month of 2022. This year marks the 10th anniversary of the first whistleblower awards issued in the SEC’s whistleblower program in 2012. Since the program was founded it has awarded $1.2 Read More
Read MoreThe Commodity Futures Trading Commission (CFTC) announced a record judgment against JPMorgan Chase & Company and its subsidiaries. JPMorgan will pay out a record $920.2 million for a CFTC case, which includes the highest amounts of restitution, disgorgement and civil monetary amounts every for a “spoofing” case. Case background JPMorgan was accused of “manipulative and Read More
Read MoreThe story of how the biggest banks on Wall Street, like JP Morgan Chase, Citigroup and others, pled guilty to a number of international financial crimes is well known. What is not quite as well known is that these banks received no penalties other than some stiff fines. Despite taking part in collusion to fill Read More
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