Friday, June 27, 2014

SAC Capital to move to smaller, family-based office in accord with SEC

(Reuters) – Steven A. Cohen’s SAC Capital reached an agreement with U.S. securities regulators on Friday for the once-powerful hedge fund to no longer be an investment adviser, following the firm’s guilty plea to insider trading charges last year.
The Securities and Exchange...
SAC Capital to move to smaller, family-based office in accord with SEC

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