Investors of J.P Morgan Securities LLC will heave a sigh of relief as the U.S. Securities and Exchange Commission has come to their rescue by successfully making it settle an amount of $210 Million to its investors as its fraud charges. A case was initiated against the Memphis-based company in April, 2010 by SEC for its sale of shares to its investors on an inaccurate daily value at inflated prices. This is SEC’s second big settlement in this week.
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Morgan Keegan Agrees to Pay $210 Million in SEC Fraud Case
