# An op-ed by Prof. Roy Smith on JP Morgan's trading loss and limiting regulation of shadow banking

1 Faculty News May 28, 2012 ![Financial News logo ](/sites/default/files/styles/246w/public/assets/images/con_030513.jpg?itok=TpE2KEls)>

Excerpt from [Financial News](http://www.efinancialnews.com/story/2012-05-28/shadowland-will-take-care-of-jp-morgan) -- " ... both regulators and pundits should relax and let the rules they have already in place, and others to be implemented soon, de-risk systemically important banks."

[Read more  ](http://www.efinancialnews.com/story/2012-05-28/shadowland-will-take-care-of-jp-morgan)