Another government agency has barred Steve Cohen until 2018
U.S. derivatives regulators said on Tuesday they have barred billionaire SAC Capital Advisors founder Steven A. Cohen from registering and managing commodity hedge funds.
That restriction will be lifted in 2018, lining up with a separate settlement from the Securities and Exchange Commission for Cohen to be able to manage outside money.
The Commodity Futures Trading Commission's decision comes after the SEC separately took action against Cohen for allegedly failing to supervise employe
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