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Dimon says global reach by Dodd-Frank may aid competitors
Story Date: 6/25/2012
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Source: BLOOMBERG, 6/19/12
Congress and U.S. regulators should limit the international reach of Dodd-Frank Act swaps regulations, JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said as he testified about at least $2 billion in losses on trades conducted by his bank in London.
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