Jamie Dimon may have to squirrel away a few extra dollars, as the SEC and OCC team up to see whether JPMC was a little bit too proud of some of its world-class investment funds.
The Securities and Exchange Commission is investigating whether J.P. Morgan Chase & Co. inappropriately steered private-banking clients to its own investment products and away from those offered by outside firms, according to people close to the probe.
The more frequently you monitor your portfolio, the more likely you are to observe a loss. This is likely to cause short-sighted decisions and could hurt your investment performance. If you are checking your portfolio more than once per quarter, you’re doing it too much.