JPMorgan execs depose in SEC's asset-management probe

March 31, 2015 2:57 PM

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March 31 (Reuters) - JPMorgan Chase & Co's executives have been deposed and internal documents subpoenaed as part of an investigation by the U.S. regulators into the bank's asset-management unit, Bloomberg reported, citing people familiar with the situation.

The U.S. Securities and Exchange Commission's enforcement division is looking at whether senior asset-management executives at the bank developed a policy of improperly steering clients into investments for the bank's own financial gain, Bloomberg reported. (bloom.bg/1EY7Bk7)

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