Close Close
ThinkAdvisor

Life Health > Life Insurance

SAC Capital to pay $1.8 billion, the largest insider trading fine ever

X
Your article was successfully shared with the contacts you provided.

It’ll be three more months until the future of Steven Cohen, founder of SAC Capital, is decided, though, the SEC is looking to permanently bar him from the securities industry. In the meantime, Cohen is getting ready for a future at a smaller investment firm that will manage his own fortune, which is estimated at $9 billion.