Uncover the Laundryman's Secrets

Tuesday, January 15, 2013

JPMORGAN CHASE CEASE & DESIST ONLY A SLAP ON THE WRIST


The OCC has released the Consent Order on JPMorgan Chase, and it amount to no punishment, an admonishment at best, and regulatory malpractise, in my humble opinion. There is NO fine or penalty imposed. Read the complete text here, but in my humble opinion, it is not worth your valuable time; only boilerplate that you have seen many times before.


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