CFTC fines JPMorgan $100 mn over ‘London whale’ trades

CFTC fines JPMorgan $100 mn over ‘London whale’ trades (via AFP)Play Quizzes 4

US regulators on Wednesday fined banking giant JPMorgan Chase $100 million for “reckless conduct” in the “London whale” trading debacle. The US Commodity Futures Trading Commission said that JPMorgan had admitted charges of manipulating trading of certain…

Morningstar Investment Conference: What To Do During The Fed Rate Hiking Cycle

Federal reserveThe U.S. Federal Reserve is treading carefully with raising rates amid the widespread economic, macro and geopolitical uncertainties sweeping around the world. The Fed raised its target level as high as 20% in the early 1980s to deal with runaway inflation, but we're a far cry from that today — a time when inflation threatens Read More

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