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JPMorgan’s MF Actions Seen Likely to Be Probed

By Linda Sandler - 2011-12-13T19:43:09Z

JPMorgan Actions as MF Global Lender Called

Shen Hong/Xinhua/Landov

A man walks into the headquarters of JPMorgan Chase in New York.

A man walks into the headquarters of JPMorgan Chase in New York. Photographer: Shen Hong/Xinhua/Landov

The liquidator of the MF Global Inc. brokerage said that “certain” actions of JPMorgan Chase & Co. (JPM), a lender to the broker-dealer’s parent, “are likely to be the subject of investigation.”

The trustee, James Giddens, said he would “act with the respect to” those actions to recover money for brokerage customers if necessary. He didn’t specify what the actions were in a court filing yesterday.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Charles Carter at ccarter12@bloomberg.net