US SEC says JPMorgan Chase settles five enforcement cases, to pay $151 million

JPMorgan Chase opens new tab will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said on Thursday. The settlements include $61 million of civil fines and $90 million of reimbursements to customers.