OCC Clears JPMorgan Chase Trade Surveillance Program

The Office of the Comptroller of the Currency (OCC) has officially closed a consent order against JPMorgan Chase Bank, originally issued in March 2024. This action follows the successful upgrade and enhancement of the bank's trade surveillance program. The OCC's decision, announced via a press release on April 16, signifies that JPMorgan Chase has met the regulatory requirements and resolved the concerns previously raised regarding its systems for monitoring trading activities. This termination of the order indicates a positive resolution for the financial institution's compliance efforts in this critical area.