Following JPMorgan’s acknowledgement of “severe breakdowns” in the control of its Chief Investment Office that run up $6 billion in losses, and in addition to the fines of billions of dollars that the bank is to pay to several establishments in the U.K. and the U.S., the bank regulators are calling for a stiffer penalty: an admission of fault. JPMorgan’s concession to fault, argued by the Commodity Futures Trading Commission under the Dodd-Frank Act of 2010, sets a precedent for broader policy shift in Washington that so far allowed banks to “neither admit nor deny” wrongdoing. An admission by JPMorgan could provide U.S. government with a template for pursuing other admissions on Wall Street. Already, the Justice Department is pushing JPMorgan to admit that from 2005 to 2007, it sold mortgage securities to investors without fully warning of the risks.