Monday, 27 April 2015
Last updated 5 hours ago
May 24 2011 | 1:16pm ET
SAC Capital Advisors has met with the congressional investigators looking into possible insider-trading at the hedge fund giant.
The Stamford, Conn.-based firm said it "welcomed the opportunity to meet with the staff and to educate them about the firm and our compliance efforts, and had an entirely appropriate, professional and cordial meeting," MarketWatch reports.
"We will continue to cooperate in any way we can," SAC added.
The firm, which has been tarred by association with several insider-trading scandals and investigations, but which has never been accused of any wrongdoing itself, in currently in the sights of Sen. Charles Grassley (R-Iowa), who is looking into about 20 possible instances of illegal trading by the firm. In addition, congressional investigators are looking into SAC's derivatives trading, and have sought to bring the Justice Department, Financial Industry Regulatory Authority and Securities and Exchange Commission on board.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…