SEC Charges Steven A. Cohen For Failing to Supervise

[OnClose]

http://www.streetinsider.com/Hedge+...gers+and+Prevent+Insider+Trading/8516120.html

 

[StarDust9182]

Holy cow, nearly every banking, brokerage, and prop shop felt a chill run down their spines!

 

[Grandluxe]

SEC says they want to bar Cohen from overseeing investor funds?

 

[OnClose]

https://www.sec.gov/litigation/admin/2013/ia-3634.pdf

 

[nkhoi]

they should charge him with inside trading but probably afraid it won't stick.