SEC fines JPM Morgan Chase for whistle-blowing violation charge

JPMorgan Chase & Co. has agreed to pay an $18 million fine without admitting or denying charges by the U.S. Securities and Exchange Commission that it violated whistleblower protection rules with its confidentiality agreements during a three-year period. The SEC said in a statement that JPMorgan JPM, -1.78% regularly asked retail clients and brokerage customer to sign confidentiality release agreements when receiving a credit or settlement from the bank of more than $1,000. The agreements did not permit ...