(New York Post) The Securities and Exchange Commission just can’t let go of Michael Steinberg. The regulator said in court papers on Monday that it will try to use the former SAC Capital trader to prove its “failure to supervise” case against hedge fund billionaire Steve Cohen — even though Steinberg’scriminal insider-trading conviction was dismissedfollowing a landmark appeals court ruling in a similar case.
Sec Has A New Plan To Go After Ex-hedge Fund Boss Steve Cohen
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