In one of the longest prison sentences for insider trading, SAC's Martoma was also ordered to forfeit $9.38 million by a federal judge in New York.» Read More
SAC Capital sends out a 45-page rebuttal to the charges from the SEC, reports CNBC's Kate Kelly. The firm has gone to great lengths to deter insider trading, according to the letter.
Former SEC Chairman Harvey Pitt offers insight on the civil charges against SAC Capital founder Steven Cohen. "If these charges are proved, he's out of business," he says.
Richard Holwell, Holwell Shuster & Goldberg, the judge who heard the case against the Galleon Group's Raj Rajaratnam, offers his perspective on the administrative case against SAC Capital's Steve Cohen.
Bethany McLean, CNBC contributor, discusses the SEC's charges against SAC Capital Founder Steve Cohen. She thinks a criminal indictment of Cohen is unlikely, but adds many things could change that.
The Securities and Exchange Commission's civil case against SAC Capital founder Steve Cohen is not that strong, two former SEC enforcement attorneys tell CNBC.
Ron Geffner, Sadis and Goldberg, discusses the administrative case the SEC has brought against Steve Cohen of SAC Capital. With Teresa Goody, former SEC official.
A failure to supervise was not the charge Wall Street expected to be brought against SAC Capital's Steve Cohen, reports CNBC's Kate Kelly. It was expected Cohen would be charged with securities fraud. With Jacob Frenkel, Schulman Rogers.
SEC takes administrative action against SAC Capital's Steve Cohen. CNBC's Kayla Tausche has the latest details. Andrew Ross Sorkin weighs in.
The SEC announced it is charging SAC Capital founder Steven Cohen for failing to supervise 2 senior employees, and failing to prevent hem from insider trading, reports CNBC's Jackie DeAngelis. Richard Holwell, Holwell Shuster & Goldberg partner, and Former GM vice chairman Bob Lutz, provide perspective.
Dissecting the day's major business news, with the "Fast Money" traders; and the SEC has charged hedge fund founder Steven Cohen of SAC Capital with civil charges for failing to supervise 2 employees. Michael Bowe, Kasowitz Benson Torres & Friedman, offers insight.
Preet Bharara spoke about "armchair lawyers" in regards to the SAC Capital case. Looking at the SEC's civil charges against hedge fund founder Steven Cohen, with Bradley Bondi, Cadwalader Partner; Marc Lopresti, Tagliaferro & Lopresti LLP; Ed Butowsky, Chapwood Investments; Anthony Scaramucci, SkyBridge Capital; and CNBC's Kayla Tausche.
Discussing the civil charges against hedge fund founder Steven Cohen by the SEC, with Thomas Ajamie, Ajamie LLP, and CNBC's Kayla Tausche.
CNBC Contributor Ron Insana offers insight on the civil charges against hedge fund founder Steven Cohen by the SEC. Former SEC Chairman Harvey Pitt describes what the outcome for his firm SAC Capital may be. Kayla Tausche, weighs in.
CNBC Contributor Ron Insana discusses whether hedge fund founder Steve Cohen is being "singled out." Former SEC Chairman Harvey Pitt, weighs in. A lot of this is pretty simple stuff, he says. Insider trading is cheating,
Could we see criminal charges against SAC Capital after the civil charges against its founder Steven Cohen? Bethany McLean, Vanity Fair, and CNBC Contributor Ron Insana provide perspective.
The SEC has charged hedge fund founder Steven Cohen for failing to supervise two senior employees. CNBC's Andrew Ross Sorkin reports that most lawyers see the commission's case as very strong, and David Faber weighs in.
The SEC announced that it has charged hedge fund founder Steven Cohen for failing to supervise two senior employees and preventing them to engage in insider trading. CNBC's Tyler Mathisen reports the details of the charges.
Investigations into SAC Capital's suspected insider trading continue, though the deadline to file criminal charges is approaching. CNBC's Kate Kelly, and The New York Times' Peter Lattman, discuss.
Prosecutors are reportedly considering charging SAC Capital's Steve Cohen with "willful blindness" in the insider trading case, reports CNBC's Kate Kelly. Bradley Bond of Cadwalader and Tom Sporkin of Buckley Sandler weigh in.
The President is going to Ireland, mortgage apps, M&A activity, and CNBC's Robert Frank looks at the summer auction season in London.