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- Title
The SEC is Allowing 5-Count Felon JPMorgan Chase to Trade Its Own Bank Stock in its Own Dark Pools.
- Authors
Martens, Pam Martens - Russ
- Abstract
The article offers information on J.P. Morgan Chase's history of felony charges and misconduct, including its involvement in the Bernie Madoff Ponzi scheme and its use of depositors' money for risky derivatives trading. Despite these scandals, the bank's stock price has outperformed the market, raising concerns about potential manipulation, particularly through its operation of Dark Pools, which have little regulatory oversight.
- Subjects
FELONIES; MORGAN, J. P. (John Pierpont), 1837-1913; DERIVATIVE securities; SCANDALS; DARK pools (Economics)
- Publication
CounterPunch, 2021, p1
- ISSN
1086-2323
- Publication type
Article