Trustee’s firm subpoenaed in ‘soft dollar’ investigations

The Brown Daily Herald – All eyes on Wall Street have turned to Steven Cohen P’08, who serves on the Corporation, the University’s highest governing body, as a member of the board of trustees.

The New York Times reported Nov. 22 that, as part of an insider trading investigation, FBI agents raided three large hedge funds. Two of them — Diamondback Capital Management and Level Global Investors — have ties to SAC Capital Advisors, a $12 billion hedge funds firm Cohen founded in 1992 and runs today.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply