Corrections: SEC settlement, RREEF
By Pensions & Investments | March 18, 2013 4:03 pm
- Two affiliates of S.A.C. Capital Advisors on Friday agreed to pay an aggregate $616 million to settle SEC insider trading charges. The settlement amount was incorrect in a story in the March 15 P&I Daily. Also, the headline incorrectly said the SEC won a settlement; in a settlement, no one admits or denies wrongdoing so there are no winners or losers.
- RREEF’s name was misspelled in a separate story in the March 15 P&I Daily.