JPMorgan Nears SEC Settlement on ‘Whale’ Losses

JPMorgan Nears SEC Settlement on ‘Whale’ Losses Play

Aug. 9 (Bloomberg) -- JPMorgan Chase is negotiating final terms of a deal with U.S. securities regulators to end a yearlong probe of derivatives bets that led to the bank’s biggest trading loss ever, two people briefed on the talks said. Manus Cranny reports on Bloomberg Television's "Countdown." (Source: Bloomberg)

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