The settlements between JPMorgan Chase & Co. and regulators are out. The total bill: $920 million, which includes deals with the Securities and Exchange Commission, as well as U.S. and U.K. bankingregulators.
Per the SEC's new approach for certain high-profile cases, JPMorgan admitted to a long list of facts. The company also said it "acknowledges that its conduct violated the federal securities laws," which I guess is an improvement over the SEC's normal neither-admit-nor-deny boilerplate.
