JPMorgan to pay more than $135 million for improper handling of ADRs

By Pete Schroeder WASHINGTON (Reuters) - JPMorgan Chase & Co will pay over $135 million to settle charges it mishandled so-called "pre-released" American Depositary Receipts (ADRS), the Securities and Exchange Commission announced on Wednesday. The regulator said the investment bank improperly provided ADRs, which are U.S.

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