CNBC The Kudlow Report July 19, 2013
The highestprofile targets in the latest crackdown on Insider Trading. The s. E. C. s investigation found that the Hedge Fund Manager oversaw trading by his employees Matthew Martoma and Michael Steinberg and received updates on their trading strategies and the reasoning behind them but on at least two occasions in 2008 the s. E. C. Says that the employees provided cohen information indicating that their potential access to inside information. Cohens failure to act in that situation and ascertain whether or not Insider Trading was an issue, that is his alleged wrongdoing. An s. E. C. Spokesman...
Source: archive.org