The Commodities Futures Trading Commission (CFTC) is expanding its investigation into whether J.P. Morgan traders, who made the derivatives trades that resulted in losses of $3 billion and counting, engaged in fraud, among other things. The investigation is proceeding under new authority gained in the Dodd-Frank financial reform act. “U.S. Probe of J.P. Morgan Widens,” Wall Street Journal. The Securities and Exchange Commission and the Department of Justice, which handles criminal prosecutions, are also investigating, as are regulators in the United Kingdom where the trades were made.