DOJ opens inquiry into JPMorgan trading loss-report

WASHINGTON Tue May 15, 2012 12:00pm EDT

WASHINGTON May 15 (Reuters) - The U.S. Justice Department has opened an inquiry into JPMorgan's multibillion-dollar trading loss, the Wall Street Journal reported on Tuesday, citing a person familiar with the matter.

The report said the inquiry was at an early stage and that it was not clear what sort of legal violation the U.S. government may be looking at.