trending Market Intelligence /marketintelligence/en/news-insights/trending/dvlxYh2dYrnNxannXIgNuQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

FINRA hits J.P. Morgan Securities with $2.8M fine

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

FINRA hits J.P. Morgan Securities with $2.8M fine

The Financial Industry Regulatory Authority has fined J.P. Morgan Securities LLC $2.8 million over alleged violations of the SEC's customer protection rule.

The regulator found that J.P. Morgan Clearing Corp., of which J.P. Morgan Securities is the successor, did not have reasonable processes in place to ensure customer securities were kept segregated and therefore free of encumbrance and not used for the bank's own purposes. The failure, attributed to legacy systems' design flaws and data errors, is said to have resulted in hundreds of millions of dollars in securities deficits, both foreign and domestic.

J.P. Morgan Securities neither admitted nor denied the findings, but cooperated with FINRA in addressing the matter and over-reserved cash deposits to protect customers.