Epoch Times
organ Chase & Co.'s $2 billionand countingtrading loss, experts are divided on how to proceed to avoid such a catastrophe in the future. At this time, we still can't accurately quantify its impact, or precisely gauge the effects the mistake will have...
The Jakarta Post
Mary Schapiro, chairman of the Securities and Exchange Commission, told the Senate Banking Committee Tuesday that the agency is examining JPMorgan's earnings statements and first-quarter financial reports to determine if they were "accurate and...
The New York Times
Links Our focus is on the quality of their risk disclosure, Mary L. Schapiro , the chairwoman of the S.E.C., said at the Senate hearing on Tuesday. We're very focused on the accuracy and timeliness of that disclosure, she said, adding that the agency...
MarketWatch
Federal regulators said Tuesday they are examining whether J.P. Morgan Chase & Co. violated rules requiring the bank to publicly disclose material changes in a timely manner, after it reported recently that the firm's chief investment office had...
International Business Times
Securities and Exchange Commission told lawmakers on Tuesday that her agency is probing JPMorgan Chase and Co's financial reporting and emphasized that big banks are required to publicly disclose changes to the models they use to measure risk. SEC...
Los Angeles Times
Two key financial regulators told senators Tuesday that they learned of the huge trading loss at JPMorgan Chase & Co., through media reports and that the public wouldn't be protected from the fallout from future incidents until new rules are...