The regulatory document cites her supposed "knowledge and approval of schemes" carried out by a group of energy traders in Houston. The agency's investigators claimed that Ms. Masters had "falsely" denied under oath her awareness of the problems and said that JPMorgan had made "scores of false and misleading statements and material omissions" to authorities, the document shows. It is unclear whether the agency will file an action against JPMorgan based on the investigators' findings. A majority of the five-member commission must first endorse the case.