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JPMorgan Chase Fines Reach Crescendo As Bank Investors Pay

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Mark Melin
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It’s been a rough week for the big banks, with U.S. presidential candidate Sen. Bernie Sanders declaring break-up jihad and the movie The Big Short continuing to show strong box office momentum. For JPMorgan Chase, in particular, it was difficult as the seemingly never-ending string of news that regulators were fining the bank for various transgressions appears to be culminating in a crescendo. Investors, who were promised such run-ins with the law would be ending, are left wondering when the fines that come out of their pockets will end.

JPMorgan Chase

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.