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Geithner urges tougher rules behind JPMorgan loss

Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan "helps make the case" for tougher rules on financial institutions, as regulators continue to implement the 2010 law aimed at policing Wall Street.

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WASHINGTON (AP) — Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan “helps make the case” for tougher rules on financial institutions, as regulators continue to implement the 2010 law aimed at policing Wall Street.

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