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Tag Archives: traders

JPMorgan to pay separate $100M penalty from CFTC

WASHINGTON — JPMorgan Chase & Co. has agreed to pay a $100 million penalty and admitted that its traders acted “recklessly” during a series of London trades that ultimately cost the bank $6 billion. The settlement announced Wednesday by the ...

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Survey shows economic improvement in most regions of country

WASHINGTON — Most areas of the country reported slight economic improvement in September and early October, according to a Federal Reserve survey of its 12 bank regions. But several regions said a hazier economic outlook is making businesses more cautious ...

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U.S. stocks dive after dismal June jobs report

Stocks are opening sharply lower after the government said businesses added the fewest jobs in June in more than a year. The unemployment rate rose to 9.2 percent. Employers created only 18,000 jobs last month, a fraction of what economists ...

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SEC adopts trading rules to prevent repeat of ‘flash crash’

WASHINGTON — Federal regulators on Wednesday approved new requirements for brokerage firms aimed at curbing risks posed by their trading customers that get split-second access to markets to buy or sell stocks. The Securities and Exchange Commission voted 5-0 at ...

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