China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion

China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion

China’s securities regulator fined the developer’s founder, Hui Ka Yan, and banned him from participating in the country’s financial markets for life.
JPMorgan Fined $348 Million for Lapses in Trade Monitoring

JPMorgan Fined $348 Million for Lapses in Trade Monitoring

Regulators, which rely on the bank for information that helps prevent insider trading and market manipulation, said customer data from around 30 platforms was missing.