Discuss how governing bodies such as the Securities and Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC) work to be effective in preventing high-risk securities betting / banking , a foundation of the economy.JPMorgan Chase is one of the oldest financial companies in the United States. It is the leader in the financial industry with $2.3 trillion in assets and the largest market capitalization and deposit base of any U.S. banking institution. Since 2000, when the Corporation acquired JP Morgan, the company has helped many consumers in the United States and in some countries around the world among the most famous corporate, institutional and government employees. The JPMorgan product has been used by equity partners, as well as the wealth management, secret banking, private asset management and capital services industries. Risks are very common not only for organizations but also for individuals, there are many risks that we encounter in our daily lives. Furthermore, proper management can be effective in preventing gambling-related risks and problems. It is important in every organization to have a tool that guarantees the correct assessment of the risks to which the processes and activities involved in the IT area are subjected, and through control procedures both evaluate the performance of the IT environment Cash (McKenney, 2010 ). Information security is one of the most essential aspects for the successful functioning of any modern organization. Determine the elements of a valid contract and discuss how consumers and banks each owe a duty of good faith and fair dealing in the banking relationship. A contract can be defined as an agreement made between two... halves of the card... or travel from one network to another. Banks may use multiple layers of firewalls to prevent hackers from entering your computer system, antivirus software to prevent viruses from infecting your computer, and antispyware software to prevent spyware from collecting your sensitive data. Bottom line, JPMorgan Chase, Is it a very specific purpose company? According to their website, JP Morgan Chase's mission and values ​​are "To be the most profitable, respected and influential investment bank in the world for the long term." The court concluded in 2012 that JPMorgan had breached its fiduciary duty in 2000 when it traded so-called flexible prepaid forward contracts with the trust, a complex, commission-heavy product that the judge ruled was unsuitable for the trust. Today, with the improvement of bank security, online mobile banking is more secure.