The SEC doesn't plan to charge any JPMorgan (JPM) employees in a deal to resolve the alleged...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

The SEC doesn't plan to charge any JPMorgan (JPM) employees in a deal to resolve the alleged fraudulent sale of mortgage bonds by the bank's Bear Stearns unit, the WSJ reports. That's despite SEC Commissioner Luis Aguilar last month saying that the lack of individual accountability for financial-crisis wrongdoing has led to a "significant amount of public concern, and understandably so."