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How will JPMorgan's $2B loss affect banking rules?
The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.JPMorgan's misstep gives advocates of stronger regulation an opening to argue that regulators should toughen their approach.The Obama administration has argued that it went as hard
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