J.P. Morgan to Pay $153.6 Million to Settle SEC Charges of Misleading Investors in CDO Tied to U.S. Housing Market

by Gary Kopycinski on June 22, 2011

Gary Kopycinski Author

More in National:

Rep. Kelly Condemns FDA Approval of Flavored E-Cigarettes May 6, 2026
Wisconsin Legislative Black Caucus Introduces Constitutional Amendment to Ban Slavery in Wisconsin February 24, 2026
Martha Washington’s Enslaved Maid Ona Judge Made a Daring Escape to Freedom – but the National Park Service Has Erased Her Story From Philadelphia Exhibit February 14, 2026

Washington, D.C.–(ENEWSPF)–June 21, 2011 – The Securities and Exchange Commission today announced that J.P. Morgan Securities LLC will pay $153.6 million to settle SEC charges that it misled investors in a complex mortgage securities transaction just as the housing market was starting to plummet. Under the settlement, harmed investors will receive all of their money back.