SAC Rebuts SEC Allegations In Memo To Employees

Mani

Published onJuly 23, 2013

Updated on May 13, 2021

In a detailed memo to employees, SAC Capital rebutted SEC allegations that its chief failed to initiate action to prevent insider trading.

Table of Contents

James Sterngold and Jenny Strasburg of The Wall Street Journal reviewed the 46-page ‘white paper’ prepared by SAC lawyers rebutting SEC’s allegations as baseless.

SEC’s allegations

Last week, the SEC filed a civil suit against SAC Capital chief Steven...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

SAC Rebuts SEC Allegations In Memo To Employees

SEC’s allegations

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