SEC Invites Whistleblower Claims in JPM Mortgage Settlement

JPMorgan Chase agreed to pay the fines to resolve allegations that it and Bear Stearns, which it acquired in 2008, misled investors about the quality of mortgage-backed securities they sold during the run-up to the financial crisis.

Whoever can show they provided information that enabled the Securities and Exchange Commission to extract a pledge by the nation's biggest bank has until May 9 to document how he or she helped regulators enforce laws that led to the settlement, the SEC said Friday.

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