JP Morgan, 5 Others To Pay $2.5M For Stock Sale Violations

By Maya Rajamani (October 14, 2015, 6:14 PM EDT) -- Six firms, including J.P. Morgan Investment Management, have agreed to pay a total of more than $2.5 million to settle charges that they violated a rule prohibiting firms from taking part in public stock offerings after short selling the same stocks, the U.S. Securities and Exchange Commission said Wednesday....

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