{"id":34412,"date":"2013-03-18T08:46:19","date_gmt":"2013-03-18T12:46:19","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34412"},"modified":"2013-03-18T08:46:19","modified_gmt":"2013-03-18T12:46:19","slug":"the-sec-is-now-worth-600-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2013\/the-sec-is-now-worth-600-million.html","title":{"rendered":"The SEC is now Worth $600 Million"},"content":{"rendered":"<p>The SEC\u00a0said Friday\u00a0it has reached a settlement on insider trading charges with CR Intrinsic, an affiliate of billionaire\u00a0Steve Cohen\u2018s hedge fund firm.<\/p>\n<p>At just over $600 million it marks the agency\u2019s largest ever insider trading settlement. Trader Mathew Martoma, who still faces criminal charges, has been accused of getting tipped off on clinical trial results for an Alzheimer\u2019s drug from\u00a0Elan\u00a0Pharmaceuticals and reaping a massive windfall for himself and SAC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SEC\u00a0said Friday\u00a0it has reached a settlement on insider trading charges with CR Intrinsic, an affiliate of billionaire\u00a0Steve Cohen\u2018s hedge fund firm. At just over $600 million it marks the agency\u2019s largest ever insider trading settlement. Trader Mathew Martoma, who [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34412","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=34412"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34412\/revisions"}],"predecessor-version":[{"id":34414,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34412\/revisions\/34414"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}