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UK Fines JPMorgan Record $49M For Mixing Client Funds

By Christopher Norton ( June 3, 2010, 10:14 AM EDT) -- The U.K. Financial Services Authority has slammed JPMorgan Chase & Co. with a fine of £33 million ($48.9 million), the largest the regulator has ever levied, for failing to treat its clients' money separately from the firm's own....

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