JP Morgan knew ahead ot time that it was in dangerous territory

What is the Vockler rule? Was JP Morgan merely hedging or technically just trading to make profit and in effect violated the Volckler rule? JP Morgan knew as early as 2010 that they were in troubled waters.
WSJ: JPMorgan Knew of Risky Trades Two Years Ago

 Why am I posting this?  What is the relevance to entrepreneurship?

What is the relevance to PHL economy?  PHL finance.?