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CFTC Orders JPMorgan Ventures Energy Corp. And JPMorgan Chase Bank, N.A. To Pay A $225,000 Penalty For Inaccurate Large Trader Reports For Physical Commodity Swaps Positions

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The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against JPMorgan Ventures Energy Corp. (JPMVE) and JPMorgan Chase Bank, N.A. (JPMCB) (collectively, Respondents), for failing to comply with their obligations to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of Section 4s(f) of the Commodity Exchange Act (CEA) and CFTC Regulations 20.4 and 20.7.

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