JPMorgan Says It Is a Subject of SEC Probe of ADR Abuses

JPMorgan Chase & Co. said last week it is among banks and securities dealers being investigated by the U.S. Securities and Exchange Commission for their handling of so-called “pre-released” American Depositary Receipts between 2011 and 2015.

Dimon Praises Trump Regulation Efforts

JPMorgan Chase & Co. CEO Jamie Dimon complimented the administration of President Donald Trump in his annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts are helping his bank make more money.