SEC charges SAC chief Cohen

To view this email as a webpage, click here     Friday July 19 2013     Breaking news   SEC charges SAC chief Cohen   The Securities and Exchange Commission has filed civil charges against Steven Cohen, head of the $15bn hedge fund SAC Capital, accusing him of failing to supervise two portfolio managers and prevent insider trading. An SAC spokesman said that "the SEC's administrative proceeding has no merit. Steve Cohen acted appropriately at all times and will fight this charge vigorously."           Please send us your feedback about this email   follow us on:                     Tools: Your account | Portfolio | Email Briefings | Price alerts | Keyword alerts | RSS feeds | Subscribe to FT.com   Email: Change Briefings | Unsubscribe | Change Email Address | Forward this email to a friend | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.