06:40 AM EDT, 05/23/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) has agreed to pay $100 million to settle an investigation by the US Commodity Futures Trading Commission for trade reporting lapses, Reuters reported late Wednesday, citing a source with direct knowledge of the matter.

JPMorgan ( JPM ) has agreed to admit to breaking the CFTC rules as part of the settlement, the report said.

JPMorgan ( JPM ) has paid in the past more than $348 million to the regulators over a related issue, according to the report.

JPMorgan ( JPM ) didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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