JPMorgan Chase said it agreed to pay $211.2 million to settle federal and state probes into the conduct of some of its former workers on its municipal derivatives desk, prior to 2006.

Under the terms of the settlements, JPMorgan Chase will pay $50.0 million to the Internal Reveune Service, $51.2 million to the Securities and Exchange Commission, $35.0 million to the Office of the Comptroller of the Currency and $75.0 million to state attorney generals pursuing the case.

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