{"id":5117,"date":"2006-10-06T00:00:00","date_gmt":"2006-10-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sec-staff-recommends-no-action-against-pequot-capital","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2006\/sec-staff-recommends-no-action-against-pequot-capital.html","title":{"rendered":"SEC staff recommends no action against Pequot Capital, hedge fund says"},"content":{"rendered":"<p>  Stamford Advocate &#8211; Securities and Exchange Commission attorneys are recommending that no action be taken against Wall Street executive John Mack or Pequot Capital Management Inc. in an  insider-trading probe that led to allegations of political interference within the SEC.<\/p>\n<p>  Pequot Chairman Art Samberg sent a note to the hedge fund&#8217;s clients on Thursday disclosing the decision by SEC enforcement staff not to bring charges against the company or its employees.<\/p>\n<div>  &lt;a href=&#8221;http:\/\/ad.doubleclick.net\/jump\/trb.stamford\/news\/local\/state;ptype=s;rg=ur;ref=hedgeconet;tile=5;sz=300&#215;250;ord=38936306&#8243; target=&#8221;_blank&#8221;&gt;&lt;img  src=&#8221;http:\/\/ad.doubleclick.net\/ad\/trb.stamford\/news\/local\/state;ptype=s;rg=ur;ref=hedgeconet;sz=300&#215;250;tile=5;ord=38936306&#8243; width=&#8221;300&#8243; height=&#8221;250&#8243; border=&#8221;0&#8243; alt=&#8221;&#8221;&gt;&lt;\/a&gt;<\/div>\n<p>  The SEC staff also has made the same decision with regard to Mack, a person familiar with the investigation said Thursday. He spoke on condition of anonymity because Mack, the chief executive of  investment house Morgan Stanley Inc., hasn&#8217;t made a public announcement of the decision.<\/p>\n<p>  The SEC declined comment.<\/p>\n<p>  <a href=\"http:\/\/www.stamfordadvocate.com\/news\/local\/state\/hc-05174015.apds.m0797.bc-ct--sec-oct05,0,2080947.story?coll=hc-headlines-local-wire\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stamford Advocate &#8211; Securities and Exchange Commission attorneys are recommending that no action be taken against Wall Street executive John Mack or Pequot Capital Management Inc. in an insider-trading probe that led to allegations of political interference within the SEC. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5117","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5117","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5117"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5117\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}