Sep 4 2013 | 12:35pm ET
In spite of a criminal indictment for insider-trading and the possible seizure of all of its assets, SAC's founder, Steven Cohen, reportedly wishes to continue managing outside capital. But with substantially all of the hedge funds' investors having filed redemption requests, which will leave SAC managing almost entirely internal capital at the end of the year, the firm is now considering a move that would reduce its regulatory liability and might serve as the cornerstone of a settlement with the federal government.
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…