JP Morgan Chase Settles Over Derivatives Misconduct

This is the third settlement to be negotiated in this multistate investigation.
JP Morgan Chase Settles Over Derivatives Misconduct
The Chase logo is displayed on the exterior of a Chase bank in 2010. JP Morgan Chase took a recent hit of $228 million for defrauding schools, non-profit organizations, and other groups through rigging bids for municipal bonds derivatives. Justin Sullivan/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/105291515.jpg" alt="The Chase logo is displayed on the exterior of a Chase bank in 2010. JP Morgan Chase took a recent hit of $228 million for defrauding schools, non-profit organizations, and other groups through rigging bids for municipal bonds derivatives. (Justin Sullivan/Getty Images)" title="The Chase logo is displayed on the exterior of a Chase bank in 2010. JP Morgan Chase took a recent hit of $228 million for defrauding schools, non-profit organizations, and other groups through rigging bids for municipal bonds derivatives. (Justin Sullivan/Getty Images)" width="320" class="size-medium wp-image-1797629"/></a>
The Chase logo is displayed on the exterior of a Chase bank in 2010. JP Morgan Chase took a recent hit of $228 million for defrauding schools, non-profit organizations, and other groups through rigging bids for municipal bonds derivatives. (Justin Sullivan/Getty Images)