JPMorgan (JPM) Will Benefit from Regulation

There is no doubt the unintended consequences of government interference and regulation will always emerge, in the case of banking regulation, it is already being pointed out as a positive by JPMorgan (NYSE:JPM), but not in the way lawmakers thought.

According to JPMorgan CEO Jamie Dimon, he believes believes his bank will be put in a stronger position after the regulations are put in place, suggesting it will limit opportunities for smaller competitors, especially those just starting off in the industry.

Dimon said in a note to shareholders, “The cost and complexity of all the recent regulations, ironically, could create greater barriers for new entrants and new competitors.”

JPMorgan closed at $47.40, down $0.40, or 0.50 percent.