"only"? Really?. In January 2013 it was reported the US Treasury Department was investigating JPM's relationship with Bernie Madoff.
JPM faces sanctions for withholding Madoff documents
-Bloomberg News, 01/04/13.
Madoff claims he did business with JP Morgan Chase, Citigroup, Bank of New York Mellon and HSBC among others and they knew what he was up to - perhaps the SEC also knew.
Banks that did business with Madoff argued at the time of Madoff's arrest in 2008 they had no knowledge of his crimes - there is no way in hell Madoff could have pulled off his scam without help from major banks - no way!
"...the empty desks of 20 children marked absent today, and forever"
-Poet Richard Blanco at President Obama's Inauguration, 01/21/13