Nation’s Largest Bank JPMorgan Faces Painful $1.5 Billion Fee
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The nation's largest bank JPMorgan is facing a painful $1.5 billion fee that may also be felt by various other banks later this year.
JPMorgan CEO Urges SEC to Ban Shorting Bank Stocks
JPMorgan (NYSE:JPM) CEO Jamie Dimon is urging the SEC to ban shorting bank stocks, stating that the practice should be prohibited.
JPMorgan Holds Bigger Short Positions Than Its Total Assets
Dr. Stephen Leeb, one of the world’s top money managers, says that JPMorgan’s gold short positions likely exceed the bank’s total assets.
SEC to Enforce New Disclosure Rules Later This Year
The SEC will enforce new disclosure rules later this year that will increase "transparency and integrity" of corporate stock repurchasing.
Bankers Want an Emergency Ban on Short Selling
Bankers are urging the SEC for an emergency ban on short selling. Last week, they began to raise concerns of manipulative trading.
