Hedge fund titan Steven A. Cohen’s firm, long the focus of a federal investigation into insider trading, is paying more than $600 million to U.S. securities regulators to settle allegations arising from improper trading in two stocks. The settlement is the largest ever by a hedge fund and involves allegations […]
Tag: US Securities and Exchange Commission
7 Banks Subpoenaed in Libor Investigation
Seven banks have received subpoenas as part of an investigation into the alleged manipulation of the London Interbank Offered Rate, according to a source close to the case and company filings. The banks that were subpoenaed by New York State Attorney Eric Schneiderman include JPMorgan, Citigroup, Barclays and UBS. In […]
