JPMorgan Pressed by SEC on Prop Trading Before Whale Loss

JPMorgan Chase & Co. (JPM) was pressed by U.S. regulators to strengthen investor disclosures on proprietary trading almost a year before a wrong-way bet on credit derivatives cost the bank at least $6.2 billion. The Securities and Exchange Commission asked Chief Financial Officer Douglas Braunst…

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JPMorgan Pressed by SEC on Prop Trading Before Whale Loss

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