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JP Morgan's Australia unit fined for permitting suspicious client orders

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JP Morgan's Australia unit fined for permitting suspicious client orders

May 8, 2024 4:14 PM

May 9 (Reuters) - Australia's corporate watchdog said on

Thursday the Markets Disciplinary Panel fined JPMorgan Chase &

Co's ( JPM ) Australian unit A$775,000 ($509,872.50) for

permitting suspicious client orders to be placed on the futures

market.

($1 = 1.5200 Australian dollars)

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