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Volcker Rule Proponents Say JPMorgan Loss Bolsters Case

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - May 10, 08:06PM from (www.bloomberg.com)

U.S. lawmakers and interest groups who favor tighter restrictions on proprietary trading said JPMorgan Chase & Co. (JPM)’s $2 billion loss on synthetic credit securities bolsters their case.
Senator Carl Levin, the co-author of the so-called Volcker rule and chairman of the Permanent Subcomm...


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