Financial Regulatory Forum

JPMorgan may tip Wall Street’s hand on ploys to beat Volcker

May 14, 2012

By Rachel Wolcott

NEW YORK, May 14 (Thomson Reuters Accelus) – JPMorgan Chase & Co’s revelation that it had trading losses of at least $2 billion on a failed hedging strategy may have tipped the hand to one way Wall Street executives plan to get around the Volcker Rule.

US accounting board mulls expanding mark-to-market

August 14, 2009

Financial Accounting Standards Board Chairman Robert Herz    By Emily Chasan
   NEW YORK, Aug 13 (Reuters) – U.S. accounting rule makers met on Thursday to consider expanding mark-to-market accounting rules to loans and other securities, moving ahead with a plan already strongly opposed by banks.