Dec 14 2011 | 3:59am ET
SAC Capital Advisors founder Steven Cohen, facing several insider-trading investigations, testified earlier this year that he is often unsure of what constitutes illegal trading and what does not.
Cohen was deposed as part of a market-manipulation lawsuit against SAC and other hedge funds filed by Canadian insurer Fairfax Financial Holdings and said, under other, that insider-trading rules are "very vague."
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…