SEC: SAC's Cohen Failed to Supervise Two Traders

SEC: SAC's Cohen Failed to Supervise Two Traders Play

July 19 (Bloomberg) -- Steven A. Cohen, the billionaire founder of hedge fund SAC Capital Advisors LP, was accused by the U.S. Securities and Exchange Commission of failing to supervise two employees facing criminal charges that they illegally traded stocks based on confidential information. Su Keenan reports on Bloomberg Television's "Money Makers." Deirdre Bolton also speaks. (Source: Bloomberg)

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