Editor’s view: Settlement ends Cohen SEC battle and CFTC budget anger

Two-year ban could see SAC Capital founder managing investor capital in 2018; Massad hits out at Congress and Hillary Clinton moots independent regulator funding

One of the most high profile and costly insider trading cases in history ended last week as ex-SAC Capital boss Steve Cohen settled SEC charges against him. Cohen, who closed SAC Capital to external money and rebranded as Point 72 Asset Management in 2014, has been banned from running a