Agency chiefs advocate better monitoring of derivatives as the Senate Banking Committee examines the 2010 financial reform law.WASHINGTON — The public won't be protected from the type of risky bets that led to the huge trading loss at JPMorgan Chase & Co. until new rules are approved to allow better monitoring of complicated derivatives transactions, two key federal regulators told a Senate committee.
Key Regulators Learned Of Jpmorgan Loss From Media Reports
By Jim Puzzanghera, Los Angeles Times, Los Angeles Times: Business
Wed, 05/23/2012 - 12:00am
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