FINRA Fines J.P. Morgan Securities $3.25 Million Over Supervision Failures Tied to Former Broker Edward Turley
FINRA has fined J.P. Morgan Securities LLC $3.25 million after finding that the firm failed to reasonably supervise a registered representative who recommended a leveraged, concentrated high-yield investment strategy that resulted in steep customer losses. According to FINRA’s April 2026 Letter of Acceptance, Waiver, and Consent, from at least January 2016 through April 2020, J.P. [...]




