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It managed the inherent conflict of interest between proprietary trading and relationship banking.
The missteps by JPMorgan could highlight that murky line between proprietary trading and hedging.
After all, the report said, "many trading systems are not currently designed to manage and measure trading activities to distinguish between proprietary versus permitted activities".
The line can be blurred between proprietary trading and legitimate market-making, a practice in which banks hold securities with the intent of selling them to a customer.
The Delta One desks operate in a gray area, where the line is sometimes blurred between proprietary trading and client activities like market making.
Even Microsoft now carefully embraces what its managers once described as a "cancer".Cloud computing the delivery of processing power over the internet from vast warehouses of shared machines will further blur the lines between proprietary and open-source software.
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The distinction between the proprietary and the nonprofit, and between education and training, is blurring.
"One of the more difficult tasks in implementing the statutory prohibitions is distinguishing between prohibited proprietary trading activities and permissible market-making activities," a Federal Reserve governor, Daniel K. Tarullo, told the committee.
Web of Things could become the common language between those proprietary APIs.
At the heart of every known, semantic-mediation process is a mapping between a proprietary MSC model and the reference MSC ontology.
Based on our prior research, the development of such an ontology will require a semantic mediation process between the proprietary MSC models and the reference MSC ontology.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com