JPMorgan To Pay Investors $151 Million After SEC Flags 'Various Law Violations'

The U.S. Securities and Exchange Commission (SEC) announced Thursday that it has charged two affiliates of JPMorgan Chase & Co. (NYSE:JPM) in five separate enforcement actions resulting in penalties and voluntary payments to investors of more than $151 million. 

The Details: The SEC charged J.P. Morgan Securities LLC and J.P. Morgan Investment Management Inc. in five separate enforcement actions. Among the violations the agency flagged: misleading disclosures to investors, breach of fiduciary duty, prohibited joint transactions and principal trades, and failures to make recommendations in the best interest of customers. 

The JPMorgan affiliates agreed to pay more ...