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JPMorgan Chase to pay $290M settlement for manipulating metals market

JPMorgan Chase has agreed to pay a record $290 million settlement related to charges that some of its traders manipulated the commodities market of precious metals, in a scheme known on Wall Street as "spoofing."

News 12 Staff

Sep 30, 2020, 6:29 PM

Updated 1,356 days ago

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Disney is laying off 28,000 workers due to the closures at its California theme parks and a drop in attendance.
JPMorgan Chase has agreed to pay a record $290 million settlement related to charges that some of its traders manipulated the commodities market of precious metals, in a scheme known on Wall Street as "spoofing."
The Seattle City Council is passing a minimum pay standard for Uber and Lyft drivers, becoming the second big city to do so.


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