Joseph Dever, a member of Cozen O’Connor’s Commercial Litigation Department, discusses the SEC’s investigation into JP Morgan Chase & Co.’s recent $2 billion trading loss in a Law360 article entitled, “Timing will be everything for JP Morgan as probes begin.” A former assistant regional director of the SEC's New York office, Joe observed, “They're probably drafting subpoenas right now … The SEC's enforcement team will certainly be taking a good, hard look at these trades, and I'd be surprised if they haven't already opened a formal investigation.”
Click here for a link to the Law 360 article.
Click here for a link to the USA Today article.
Click here for a link to The International Business Times article.