CFTC Orders JPMorgan Chase Bank, N.A. to Pay $65 Million Penalty for Attempted Manipulation of U.S. Dollar ISDAFIX Benchmark Swap Rates
June 19, 2018
June 19, 2018
WASHINGTON, June 19 -- The Commodity Futures Trading Commission issued the following enforcement news release:
The Commodity Futures Trading Commission (CFTC or Commission) today issued an Order filing and settling charges against JPMorgan Chase Bank, N.A. (JPMC) for attempted manipulation of the ISDAFIX benchmark and requiring JPMC to pay a $65 million civil monetary penalty.
The CFTC Order finds that over a five-year period, beginning in at least January 2007 and cont . . .
The Commodity Futures Trading Commission (CFTC or Commission) today issued an Order filing and settling charges against JPMorgan Chase Bank, N.A. (JPMC) for attempted manipulation of the ISDAFIX benchmark and requiring JPMC to pay a $65 million civil monetary penalty.
The CFTC Order finds that over a five-year period, beginning in at least January 2007 and cont . . .