Agency fining Jpmorgan over oversight of trading

Jpmorgan is facing nearly $350 million in fines from bank regulators over issues with its trade surveillance program.

The Office of the Comptroller of the Currency said Thursday that it was assessing a $250 million civil penalty against Jpmorgan Chase Bank

The OCC said it found that Jpmorgan failed to monitor billions of instances of trading activity on at least 30 global trading venues. It issued an order that required Jpmorgan to take corrective actions.