Opposing portrayals of a former trader at SAC emerged during opening statements at his criminal insider trading trial in Federal District Court.» Read More
Mark Cuban is "glad he can be the person who can afford to stand up to the SEC." Cuban also says the SEC needs to "treat American citizens the way they should be treated," reports CNBC"s Andrea Day.
Prosecutors had accused Cuban of insider trading, alleging he avoided over $750,000 in losses by selling 600,000 shares of a search engine in 2004.
CNBC's Andrea Day reports the jury ruled Mark Cuban did not trade on inside information.
Mark Cuban sparred with a government lawyer Thursday over why the billionaire dumped his shares in a Canadian search-engine company in 2004.
Mark Cuban is expected to testify Thursday in the government's insider trading lawsuit against him.
The former Goldman Sachs trader is seeking a dismissal of SEC charges or a new trial, reports CNBC's Mary Thompson.
Billionaire basketball team owner Mark Cuban is heading to a court of a different kind on Monday.
Mark Cuban is fighting the SEC over a 2008 insider trading charge, reports CNBC's Scott Cohn.
Federal prosecutors are asking SAC Capital for $2 billion to settle criminal insider trading charges, reports CNBC's Mary Thompson; and CNBC's Michelle Caruso-Cabrera reports President Obama and Iranian President Hassan Rouhani did not shake hands at the UN General Assembly today.
CNBC's Kate Kelly reports Fed prosecutors allegedly proposed settling the insider trading case with SAC Capital for $1.5-2 billion. SAC lawyers are expected to submit a counter offer in coming weeks.
The big bank will pay almost one billion dollars in fines in connection with the "London Whale" case, reports CNBC's Kayla Tausche.
A Cayman Islands entity at the center of a investigation into possible insider trading in Heinz said trades placed in its account were unauthorized.
The SEC, which has actively pursued actions by US banks, is broadening its reach by asserting its purview to foreign hedge fund managers.
Twenty-two of the 23 firms are settling charges and will pay $14.4 million in monetary sanctions, reports CNBC's Brian Sullivan.
JPM CEO Dimon sent off a company wide memo to reaffirm its efforts to fix regulatory problems, reports CNBC's Kate Kelly.
Steve Cohen's hedge fund is signed up as a sponsor for the 2014 Super Bowl. But with the fund's clients exiting, people wonder if that might change.
Convicted insider trader Raj Rajaratnam is allegedly living like a king behind bars, with CNBC's Andrea Day. The New York Post says he has his own bathroom, an adjustable bed and a balcony in prison.
Reports that convicted insider trader Raj Rajaratnam is living like a king in federal prison are "rubbish," according to a source. He's a sick man serving a long sentence.
According to the New York Post, convicted insider trader Raj Rajaratnam has his own bathroom, an adjustable bed and a balcony in prison. CNBC's Andrea Day offers insight.
U.S. attorney announces superseding indictment against Matthew Martoma. CNBC's Kate Kelly has the details.