JP Morgan asset management under investigation from federal agencies – Business Insider

One can only hope…

Alina's Blog

JP Morgan’s asset management division is under investigation by the Securities and Exchange Commission and the Treasury Department, according to a Bloomberg report.

From the looks of it, federal investigators have spent years probing the division, looking for breaches of fiduciary duty by staff and inconsistent compensation disclosure, according to the report.

JP Morgan declined comment when contacted by Business Insider.

via JP Morgan asset management under investigation from federal agencies – Business Insider.

View original post

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s