3/27/2013

SAC Capital's $616 million fine to end an insider trading investigation by the Securities and Exchange Commission is the biggest insider trading settlement in history, but SAC was not required to admit wrongdoing, according to The Economist. "What the SAC investigation does reveal is that there are many ways to get information, and that the affiliate structure may provide a legal buffer to SAC itself," the magazine notes. "Nothing about the settlement will change that, nor preclude SAC from continuing to hire analysts with friends."

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