AFPWhite House: JPMorgan loss shows need for tough regulationsLos Angeles TimesBy Jim Puzzanghera WASHINGTON -- The White House said Monday that the huge trading loss by JPMorgan Chase & Co. highlighted the need for tough regulations, blasting Wall Street efforts to weaken new rules in the 2010 financial reform law.White House: JPMorgan shows need for strong Wall St.

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    WASHINGTON — The White House said Monday that the huge trading loss by JPMorgan Chase & Co. highlighted the need for tough regulations, blasting Wall Street efforts to weaken new rules in the 2010 financial reform law. “Ever since it was passed there ...
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