JPMorgan Faces Sanction for Refusing to Provide Madoff Documents

The Treasury Department’s inspector general has threatened to punish JPMorgan Chase & Co. (JPM) for failing to turn over documents to regulators investigating the bank’s ties to Bernard Madoff’s Ponzi scheme. Inspector General Eric Thorson gave the largest U.S. bank a Jan. 11 deadline to cooperate…

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JPMorgan Faces Sanction for Refusing to Provide Madoff Documents