"The latest settlement between JPMorgan Chase and the Securities and Exchange Commission is a reminder of how easy it is to be fleeced and how little the S.E.C. does to protect investors....After the deal was done, the bank took little true responsibility for the misconduct; a spokesman described the problem as “disclosure weaknesses,” adding that they were “not intentional and we regret them.” But in fact, the violations were more like standard operating procedures than unintended lapses."