In the Matter of J.P. Morgan Securities LLC, Press Rel. 2024-7 (Jan. 16, 2024) – In a settled matter, the SEC charged that, from March 2020 through July 2023, J.P. Morgan Securities LLC ("JPMS") regularly asked retail clients to sign confidential release agreements if they had been issued a credit or settlement from the firm of more than $1,000. The agreements required the clients to keep confidential the settlement, all underlying facts relating to the settlement, and all information relating to the account at issue. In addition, even though the agreements permitted clients to respond to SEC inquiries, they did not permit clients to voluntarily contact the SEC. Charges under Exchange Act Rule 21F-17(a). Remedies included cease-and-desist, censure, and a civil monetary penalty of $18m.