Relevant:
- Senate JPMorgan Probe Said to Seek Tougher Volcker Rule
- Senate Committee Launches Probe Of JPMorgan's 'Whale' Losses: Report
- JPMorgan Faulted on Controls and Disclosure in Trading Loss - Senate Report
- JPMorgan Chase Fought Rule on Risky Trading
- Volcker Rule To Scrap "Portfolio Hedging", Would Make Trillions In Excess Deposits Inert
2013-03-15 — bloomberg.com
``"JPMorgan's chief investment office increased risk by mislabeling the synthetic portfolio as a risk-reducing hedge when it was really involved in proprietary trading," said Senator John McCain of Arizona, the panel's top Republican. ''
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