Jamie Dimon Won’t Apologize For Having The Best Damned Investment Products In The World
Only the best for you people.
JPMorgan Chase is pretty damned proud of its offerings—and justly, it would no doubt aver. And if it has to part with a few million bucks for saying so, so be it.
The regulator has been examining whether J.P. Morgan guided clients to its own so-called proprietary products and away from those offered by other firms. A settlement including a fine could happen as early as this summer, the people said, though the size couldn’t be determined.
J.P. Morgan, SEC in Settlement Talks Over How It Steers Clients’ Investments [WSJ]
Earlier: Legal Reserve Watch ’14: JPMorgan Chase