• Heat Advisory - Click for Details
    ...HEAT ADVISORY REMAINS IN EFFECT UNTIL 8 PM CDT THIS EVENING...
    Expires: June 18, 2024 @ 8:00pm
    WHAT
    Peak heat indices between 95 to around 100 degrees.
    WHERE
    Portions of north central, northwest, and west central Illinois, east central, northeast, and southeast Iowa, and northeast Missouri.
    WHEN
    Until 8 PM CDT this evening.
    IMPACTS
    Hot temperatures and humid conditions may cause heat illnesses.
    PRECAUTIONARY/PREPAREDNESS ACTIONS
    Drink plenty of fluids, stay in an air-conditioned room, stay out of the sun, and check up on relatives and neighbors. Take extra precautions when outside. Wear lightweight and loose fitting clothing. Try to limit strenuous activities to early morning or evening. Take action when you see symptoms of heat exhaustion and heat stroke.

JPMorgan poised to pay $100 million over CFTC trade reporting violations, source says

SHARE NOW

By Chris Prentice and Nupur Anand

NEW YORK (Reuters) – The U.S. Commodity Futures Trading Commission is expected as soon as Wednesday to announce a $100 million settlement with JPMorgan Chase & Co over trade reporting lapses, a source with direct knowledge of the matter told Reuters.

The bank is expected to admit that it broke the agency’s rules as part of that deal, the person said.

A spokesperson for the CFTC declined to comment. A JPMorgan spokesperson declined to comment, but referred to previous statements that the bank self-reported the violation and that it found neither misconduct nor any harm to customers.

(Reporting by Chris Prentice and Nupur Anand in New York; editing by Lananh Nguyen and Michelle Price)

Brought to you by www.srnnews.com

Submit a Comment