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Regulators Outline Fixes For JPMorgan Chase & Co (JPM) To Make Following London Whale Losses

Regulators Outline Fixes for JPMorgan Chase & Co (JPM) to Make Following London Whale Losses

A pair of federal oversight agencies have issued orders against JPMorgan Chase & Co. (NYSE:JPM) outlining improvements to be made in JPMorgan's Bank Secrecy Act/Anti-Money Laundering policies and the firm's Chief Investment Office, which was involved in the "London Whale" $6 billion trading loss.

Click here and here for links to the "cease and desist" orders issued by the Federal Reserve Board and the Office of the Comptroller of the Currency.

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