SEC Goes After JP Morgan for Violating Whistleblower Protection Rule
Add JP Morgan Securities to the ever-expanding list of companies the Securities and Exchange Commission (SEC) has gone after for violating the agency's Whistleblower Protection Rule -- SEC Rule 21F-17(a). This rule broadly prohibits companies from taking any action to impede or discourage whistleblowers from reporting suspected securities violations to the SEC. Yesterday (January 16), the SEC announced the JP Morgan unit will pay $18 million to settle charges it...