Compliance is not enough: Lessons from the fall of SAC Capital

Author Sheelah Kolhatkar explains what she learnt from writing on Steve Cohen

It was an investigation unlike any other in the history of Wall Street, a decade-long, multiagency government crackdown on insider trading focused almost entirely on hedge funds. It began when the SEC started looking at Raj Rajaratnam, the co-founder of the Galleon Group; the regulator was soon joined by the