The Conglomerate Blog analyzes JPMorgan’s  (“JPMC”) complaint against the FDIC.   Basically, during the financial crisis when JPMC “acquired” WaMu, JPMC did so under an agreement that the FDIC would indemnify them, which JPMC says that they have failed to do. The Complaint states, among other things that: the FDIC-Receiver agreed to indemnify JPMC for, among…

The Securities and Exchange Commission released a statement on Tuesday saying that five federal agencies jointly developed Section 619 of the Dodd-Frank Wall Street Reform Act (commonly known as the “Volcker Rule” Khan Academy has a pretty good background of origins of basic securities regulation). DealBook gives an interesting summary of each of the regulating…

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