Dear JP Morgan Chase: We have yet to hear from you on this important issue.
Gunnar Larson On Sun, May 1, 2022, 12:21 PM Gunnar Larson <[email protected]> wrote: > May 1, 2022 > > BY ELECTRONIC MAIL > > Investor Relations > Board of Directors, JPMorgan Chase & Co. > 277 Park Avenue > New York, NY 10172-0003 > [email protected] > > Re: JPMorgan Chase Board of Directors ESG Marketplace Manipulation > > Dear Board of Directors: > > xNY.io - Bank.org recently contacted JPMorgan Chase’s board of directors > to communicate our concern(s) that potentially JPMorgan Chase may be > engaging in exploitation of more than $100B of ESG asset liabilities, > across international regulatory arbitrage structures, while headquartered > in Manhattan. Specifically, the duty to promote the success of the > company is that a director must act in the way that she considers, in good > faith, and would be most likely to promote the success of the company for > the benefit of its members as a whole. > > - > > Failure by a board to adequately consider ESG-related risks, > particularly entity-specific compliance risks such as breach of securities > laws, could serve as the basis for liability of individual directors or > officers for breach of their fiduciary duties. > > Given JPMorgan’s five cout felonies, xNY.io - Bank.org is concerned with > your board of director governance in preventing ESG fraud. xNY.io - > Bank.org’s assessment of JPMorgan’s board embraces fundamentals including > liquidity risk and protecting New York ESG cross border innovation from > marketplace manipulation. > > Please find the attached memo > <https://docs.google.com/document/d/1bxERzXknAFfVW3YsDpNB-GPlVoiLAeeBXUrxwOFTSls/edit> > addressed to your board's attention. > > Respectfully, > > Gunnar Larson > > -- > *Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>* > MSc > <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&utm_medium=Search&utm_campaign=MSc-Digital-Currency-North-America&utm_term=blockchain%20unic&gclid=Cj0KCQiAyJOBBhDCARIsAJG2h5ctwwMz0MRbVSk-LaYD-GMU5UgDSw7ynxbGr_a7SkaFAZzJc1-pzxEaAi4NEALw_wcB> > - Digital Currency > MBA > <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovation-mba-1-5-years-or-3-semesters/> > - Entrepreneurship and Innovation (ip) > > [email protected] > +1-646-454-9107 > New York, New York 10001 >
