SEC fines JPMorgan $4 million for deleting electronic communications
A vendor improperly destroyed 47 million electronic communications, including emails and instant messages, from 8,700 inboxes.
The SEC imposed a $4 million fine on JPMorgan Securities Inc. for improperly deleting millions of emails and other electronic communications sent by its registered representatives.
In an order Thursday, the Securities and Exchange Commission said the firm, a subsidiary of JPMorgan Chase & Co.
Learn more about reprints and licensing for this article.
