The Securities and Exchange Commission agreed to dismiss all civil charges against Javier Martin-Artajo and Julien Grout, two former employees of JP Morgan Chase & Co. that the SEC had charged in 2013 with mismarking "hundreds of positions" in credit default swaps in 2012 that contributed to the firm's loss of over US $5.8 billion – the so-called “London Whale” incident (click here for details). Recently, the US Attorney's Office in NYC announced it too had dropped all criminal charges against the same two individuals related to the same matter. (Click here for details in the article "Use in US Trial of Testimony Compelled From Two LIBOR Traders in the UK Tanks Their US Conviction for Manipulation; Criminal Charges Dropped Against Two Traders in London Whale Related Prosecution" in the July 23, 2017 edition of Bridging the Week.)