The board of JPMorgan Chase & Co. ( NYSE:JPM ) has announced that it will pay a dividend on the 31st of July, with...
The gaps meant the bank violated rules for CFTC-registered entities on reporting of trade data, regulators said in their order. A JPMorgan spokesperson declined to comment, but referred to previous statements that the bank self-reported the violation and that it found neither misconduct nor any harm to customers. The admission is a win for the CFTC, which has increasingly been pushing for admissions of guilt when agreeing to settle with companies over misconduct.
The tax equity allows for tax credit transferability under 2022 President Biden's Inflation Reduction Act, which corporate buyers can purchase to support clean energy storage projects in the U.S. Additionally, the Biden administration is undertaking a separate effort to identify areas in 11 western states best suited for solar energy development, which it expects to finalize by the end of the year.