Comptroller to Demand that J.P. Morgan Remedy Controls (WSJ)

Will be the first regulatory action after the banking company's $6 billion trading loss.

The Office of the Comptroller of the Currency will issue an enforcement action against J.P. MorganChase following on its $6 billion trading loss in London, the Wall Street Journal reported, cititing people familiar with the discussions. The banking company also faces a separate probe by the SEC, the WSJ noted.

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