Senate probe could help SEC make case against JPMorgan

03/18/2013 | Bloomberg

The Senate's investigation into derivatives losses by JPMorgan Chase resulted in more than 900 pages of evidence that the Securities and Exchange Commission could use if it decides to open its own investigation into the bank. The SEC's line of inquiry would likely follow whether JPMorgan adequately disclosed losses on its derivatives positions to investors, former SEC enforcement attorney Jacob Frenkel says.

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