JPMorgan CEO Dimon Said to Be Safe from SEC Inquiry and 2 Other Hot Stocks to Watch
JPMorgan Chase & Co. (NYSE:JPM): Current price $53.18
According to The Street, it is not expected that Chairman and Chief Executive Jamie Dimon will be drawn into an ongoing inquiry by the Securities and Exchange Commission into JPMorgan’s now-famous $6.2 billion trading loss of 2012. The Commission, even after gaining an admission by the Big Bank that it violated federal securities laws in its dealing with the trade, is still looking into individuals that were involved. However, as the matter stands now, the ongoing investigation is not likely to aim at Dimon.