LoginContext configuration file not recognized.

FULL PRODUCT VERSION :
java version "1.8.0_31"
Java(TM) SE Runtime Environment (build 1.8.0_31-b13)
Java HotSpot(TM) 64-Bit Server VM (build 25.31-b07, mixed mode)

ADDITIONAL OS VERSION INFORMATION :
Microsoft Windows [Version 6.1.7601]

A DESCRIPTION OF THE PROBLEM :
When initializing the JWS application, the application fails on javax.security.auth.login.LoginContext.init with javax.security.auth.login.LoginException: No LoginModules configured for ...
java.security.auth.login.config system property is set to the good configuration which includes the necessary JAAS module configuration.

REGRESSION. Last worked in version 8u25

ADDITIONAL REGRESSION INFORMATION:
java version "1.8.0_25"
Java(TM) SE Runtime Environment (build 1.8.0_25-b18)
Java HotSpot(TM) Client VM (build 25.25-b02, mixed mode)

STEPS TO FOLLOW TO REPRODUCE THE PROBLEM :
Prepare an JWS application with JAAS login.
Put the LoginContext configration service in one of the JWS jars.
Modify java.security.auth.login.config system property to point the JAAS configuration file.
Try to initiate a LoginContext.

EXPECTED VERSUS ACTUAL BEHAVIOR :
EXPECTED -
LoginContext should be initialized.
ACTUAL -
javax.security.auth.login.LoginException: No LoginModules configured for TradeSurfClientLogin
at javax.security.auth.login.LoginContext.init(Unknown Source)
at javax.security.auth.login.LoginContext.<init>(Unknown Source)


ERROR MESSAGES/STACK TRACES THAT OCCUR :
javax.security.auth.login.LoginException: No LoginModules configured for TradeSurfClientLogin
at javax.security.auth.login.LoginContext.init(Unknown Source)
at javax.security.auth.login.LoginContext.<init>(Unknown Source)

REPRODUCIBILITY :
This bug can be reproduced always.