Investors have pushed more than 120 public companies in the U.S. to reveal previously confidential details of their political spending even as regulators remain deadlocked over whether to mandate such disclosures.
Of all the former employees at SAC Capital Advisors LP who have been accused of insider trading, Michael S. Steinberg was closest to Steven A. Cohen, starting as a young recruit and rising to become one of the hedge-fund founder’s most-trusted money managers.
Of all the former employees at Steven A. Cohen’s SAC Capital Advisors LP who have been charged with insider trading, Michael S. Steinberg was closest to the hedge fund’s billionaire founder, starting as a young recruit and rising to become one of his most-trusted money managers.
The U.S. Supreme Court takes up its second gay-marriage case in two days, one that gains new significance after the justices signaled reluctance to decide whether same-sex couples have a constitutional right to wed.
SAC Capital Advisors LP may have an easier time completing a $602 million settlement with the Securities and Exchange Commission than Citigroup Inc. did in 2011, in part because it faces a different judge, according to securities lawyers.
It had been two days since U.S. lawmakers negotiated all night to finish rules that would reshape the business of Wall Street. The 20-hour session left legislators, aides, lobbyists and regulators exhausted. Almost no one had a grip on all the details.