
The Financial Industry Regulatory Authority fined J.P. Morgan Securities, LLC $1.25 million for failing to conduct timely or adequate background checks on approximately 8,600, or 95 percent, of its non-registered associated persons from January 2009 through May 2017. For more info visit https://www.finra.org/media-center/news-releases/2017/finra-fines-jp-morgan-125-million-failing-screen-its-employees