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"... including the highest restitution ($311,737,008), disgorgement ($172,034,790), and civil monetary penalty ($436,431,811) amounts in any spoofing case." Un
by rbarnes01 5y ago
"... including the highest restitution ($311,737,008), disgorgement ($172,034,790), and civil monetary penalty ($436,431,811) amounts in any spoofing case."
Unless you are implying that JPM profited more than $172 million, the report suggests the government took the profits.
- jbay808 5y agoIs that penalty going to hit the people who were steering the ship at the time, who got big bonuses? Or is it only going to impact the bonuses of the people who are steering the ship today?
- missedthecue 5y agoThe CEO of JPM between 2008 and 2016 (the time period in question) is the same CEO that is in charge today.