To: JPMCinvestorrelations@jpmchase.com, firstname.lastname@example.org
CC: email@example.com, KDarcy@theecoa.org, firstname.lastname@example.org, email@example.com
Sent: 11/30/2013 8:29:46 A.M. Central Standard Time
Subj: For Cindy Armine: re Nat'l Assoc. of Corp. Directors, Leading The Way initiative
(via email per the above addresses and via US mail)
Ms. Cindy Armine
Chief Compliance Officer
JPMorgan Chase & Co
270 Park Avenue
New York, NY 10017
Dear Ms. Armine,
I doubt you will be able to respond to this letter, but merely making this communication will advance my purpose.
This letter is prompted by the November 24th USA Today article entitled: JPMorgan settlement could pose legal risk. The legal risk in question is that possibly flowing from "admissions" made by JPMorgan in the settlement with the Department of Justice.
I have been pursuing the subject of "settlement admissions" with the ethics and compliance community, and more recently I have contacted the National Association of Corporate Directors relative to its Leading The Way national initiative to restore public and investor confidence. For more information about what I have been doing, please read this blog entry of mine and links to other blog entries you find in and through the first blog entry.
Getting corporations to admit wrongdoing, or their being able to avoid admitting wrongdoing, has the attention of regulators, prosecutors, management, judges and the public. There is a related, and perhaps more important, interest concerning holding individual officers and employees personally accountable for corporate wrongdoing.
You have a high profile in the ethics and compliance community, and JPMorgan's legal travails (and settlements) are a big 2013 news story.
I hope you are in a position to share your views with others in the ethics and compliance community, and further you think the community can and should have something to offer to the National Association of Corporate Directors, relative to its Leading The Way initiative to restore public and investor conficence.
I hope this letter encourages you in that vein.