United States · Financial institution
J.P. Morgan Securities LLC
J.P. Morgan Securities LLC is a Delaware limited liability company with its headquarters in New York. It is an indirect wholly owned subsidiary of JPMorgan Chase & Co. and is held directly by J.P. Morgan Broker-Dealer Holdings Inc. It is registered with the Securities and Exchange Commission (SEC) as a broker-dealer, investment adviser and security-based swap dealer. It is also registered with the Commodity Futures Trading Commission (CFTC) as a futures commission merchant and swap dealer. According to its LEI record, it was previously named Bear, Stearns & Co. Inc. and later J.P. Morgan Securities Inc.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched. Licences are matched through an LEI, and no LEI is mapped to this BIC.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- BEARUS33XXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BEARUS33 directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 15 branch codes
- BIC first registered
- 1993-03-01
- Last updated
- 2024-07-09
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% J.P. Morgan Broker-Dealer Holdings Inc.
Institution type
Broker-dealer
Trades as J.P. Morgan
- Standing
- According to its LEI record, the entity was previously named Bear, Stearns & Co. Inc. and then J.P. Morgan Securities Inc. The Swift address at 383 Madison Avenue differs from the headquarters address in the LEI record.
- Ownership
- J.P. Morgan Broker-Dealer Holdings Inc. holds 100% of the entity, and JPMorgan Chase & Co. owns it indirectly through the intermediate holding company JPMorgan Chase Holdings LLC.
- Direct parent
- J.P. Morgan Broker-Dealer Holdings Inc. ↗, United States 100%
- Ultimate owner
- JPMorgan Chase & Co., United States
- Head office
- 28 Liberty Street, 10005 New York, United States (registered office: c/o The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, Wilmington, DE 19801, United States)
- Company register
- 2068672, Division of Corporations, Department of State, Delaware
- Former names
- J.P. Morgan Securities Inc. · Bear, Stearns & Co. Inc.
Business lines
According to its June 2026 statement of financial condition, it acts as a primary dealer in US government securities. It also underwrites and trades securities, provides advisory, clearing and prime brokerage services and offers retail brokerage and advisory products.
Online
- Websites & references
- jpmorgan.com ↗
jpmorganchaseco.gcs-web.com ↗ JPMorgan Chase & Co. investor relations site hosting the entity's statements of financial condition
jpmorganchase.com ↗ group corporate site
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 11 pages consulted
- jpmorganchaseco.gcs-web.com/static-files/3e8b7961-3da1-4411-a624-bfa8adf090b4
- jpmorganchaseco.gcs-web.com/ir/sec-other-filings/financial-statements/
- lei.report/LEI/ZBUT11V806EZRVTWT807/
- jpmorgan.com/disclosures/jpm-lei
- finra.org/sites/default/files/2026-06/disciplinary-actions-june-2026.pdf
- sec.gov/newsroom/press-releases/2024-178
- sec.gov/newsroom/press-releases/2024-7
- cftc.gov/PressRoom/PressReleases/8914-24
- bondbuyer.com/news/j-p-morgan-securities-fined-140-000-by-finra
- fxnewsgroup.com/forex-news/regulatory/finra-imposes-3-25m-fine-on-j-p-morgan-securities/
- jpmorgan.com/content/dam/jpm/global/disclosures/IN/jpmsi_clearing_payment_delivery.pdf
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United States
- Securities and Exchange Commission SecuritiesPrudential supervisorAML supervisorConduct
- United States
- Commodity Futures Trading Commission OtherPrudential supervisor
- United States
- Financial Industry Regulatory Authority ConductAML supervisor
- United States
- National Futures Association Other
Recent events 5 enforcement or investigation items
Researched 29 Sep 2026 · Sources
-
Enforcement
FINRA censured the firm and fined it USD 3.25 million for failing to reasonably supervise a representative's recommendations and exercise of discretion.
finra.org ↗ -
Enforcement
FINRA censured the firm and fined it USD 140,000 over inaccurate Form G-32 municipal offering filings and related supervisory failures.
bondbuyer.com ↗ -
Enforcement
The SEC settled five actions against the firm and an affiliate, which agreed to pay more than USD 151 million combined.
sec.gov ↗ -
Enforcement
The CFTC ordered the firm to pay a USD 200 million penalty for supervision failures that left billions of orders outside surveillance.
cftc.gov ↗ -
Enforcement
The SEC fined the firm USD 18 million for confidential client release agreements found to breach the whistleblower protection rule.
sec.gov ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- BEARUS33XXX
- How the BIC breaks down
- BEARBank
- USCountry · United States
- 33Location
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- No LEI mapped in the directory
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- Not matched: no LEI mapped to match on
- Country · region
- United States · North America
- Trading venues (MIC)
- No LEI mapped to match on list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
No LEI is mapped to this BIC, so GLEIF relationship records cannot be linked.
Addresses
- Registered address
- 383 MADISON AVENUE NEW YORK 10179 UNITED STATES OF AMERICA
- Operational address
- 383 MADISON AVENUE NEW YORK,NY NEW YORK,NY 10179 UNITED STATES OF AMERICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC. No LEI is mapped in the directory
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>BEARUS33XXX</BICFI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>BEARUS33XXX</BICFI>
<Nm>J.P. MORGAN SECURITIES LLC</Nm>
<PstlAdr>
<TwnNm>NEW YORK</TwnNm>
<Ctry>US</Ctry>
<AdrLine>383 MADISON AVENUE NEW YORK 10179</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branch network
All 15 branch BICs connect to the head office, spread across 2 cities. Largest: Brooklyn (13), New York (2).
All 15 branch BICs connect to the head office. Most were registered in 1994 (5 BICs) and 2013 (2).
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| BEARUS33ACC | ACCOUNTING | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33BSM | BSAM | New York | 237 PARK AVENUE NEW YORK,NY NEW YORK,NY 10017 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33CAT | CORP. ACTIONS | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33CLM | CASH AND LIQUIDITY MARKETS | Brooklyn | BROOKLYN,NY BROOKLYN,NY UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33DIV | FOREIGN DIVISIONS | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33DOM | DOMESTIC | Brooklyn | BROOKLYN,NY BROOKLYN,NY UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33DRV | DERIVATIVES | Brooklyn | BROOKLYN,NY BROOKLYN,NY UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33DVD | DIVIDENDS | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33EMC | — | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33FGN | SECURITY SETTLEMENTS | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33FX1 | — | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33JIL | — | Brooklyn | BROOKLYN,NY BROOKLYN,NY UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33JPB | JPMORGAN PRIME BROKERAGE | Brooklyn | BROOKLYN,NY BROOKLYN,NY UNITED STATES OF AMERICA | — | 2024-07-09 |
| BEARUS33MAN | ASSET MANAGEMENT SOLUTIONS | New York | 383 MADISON AVENUE NEW YORK,NY NEW YORK,NY 10179 UNITED STATES OF AMERICA | — | 2026-07-11 |
| BEARUS33ZZZ | — | Brooklyn | 1 METROTECH CENTER NORTH FLOOR 4 BROOKLYN,NY BROOKLYN,NY 11201 UNITED STATES OF AMERICA | — | 2024-07-09 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: jpmorgan.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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