Aug 9 2013 | 11:25am ET
SAC Capital Advisors and federal prosecutors have reached an agreement that will allow the hedge fund to continue operating and investing even as it battles criminal fraud allegations.
Under the deal, SAC must maintain at least 85% of the "aggregate value" of assets owned by its "entity defendants" as of July 1, some three weeks before prosecutors charged the firm with insider-trading.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…