SEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas

The Securities and Exchange Commission noted that the removal of emails from at least 7,500 bank employees obstructs a series of regulatory investigations into JPMorgan Chase.

JPMorgan Accused of Deleting Millions of Emails in the Midst of Ongoing Investigations - The Florida Capital Star

by Charlotte Hazard   U.S. Securities and Exchange Commission (SEC) officials earlier this week fined JPMorgan Chase $4 million after the company allegedly deleted roughly 47 million emails while in the midst of security investigations. The settlement order states that the messages were allegedly deleted from about 8,700 mailboxes that belonged to about 7,500 employees who had regular contact with Chase customers. The SEC alleges that the emails…

JPMorgan fined $4 million for deleting 47 million emails including some requested in subpoenas

By Elisabeth Buchwald, CNN New York (CNN) — The Securities and Exchange Commission fined JPMorgan Chase $4 million for mistakenly deleting 47 million emails, many of which the regulator was trying to access as part of multiple probes. The contents of some of the emails, which could not be recovered since they were permanently deleted, were requested in subpoenas for at least a dozen civil securities-related regulatory investigations, the SEC sa…

JP Morgan fined for deleting 47 million emails

JP Morgan Chase will pay a $4 million fine to the U.S. Securities and Exchange Commission (SEC) to settle allegations that the bank accidentally deleted about 47 million emails dated from January until April 2018.

JPMorgan fined $4 million for deleting 47 million emails including some requested in subpoenas

The contents of some of the emails, which could not be recovered since they were permanently deleted, were requested in subpoenas for at least a dozen investigations

JPMorgan fined $4 million for deleting 47 million emails including some requested in subpoenas

The contents of some of the emails, which could not be recovered since they were permanently deleted, were requested in subpoenas for at least a dozen investigations