Updated: SAC Capital Settlement, Investigation Widens

John Edge, Managing Director at NICE Actimize

Last week's civil settlement in the insider trading investigation into Steven A. Cohen's venerable SAC Capital was fairly well-predicted: Trials are risky in such cases for the prosecution, while the SEC has made similar accusations directed at the hedge fund for close to a decade. Still, many see the result as a marker, including those who attended Sifma's annual legal and compliance society seminar in Phoenix last week.

"The argument from the regulators, who opened the conference with a discus

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: