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Posted on: Jan. 15, 2016, 4 p.m.
The ghost of Raj Rajaratnam still haunts hedge funds. Some make employees sign pledges that they've not acted on illicit tips, others snoop on their traders with keystroke-reading software. At the compliance meetings everybody has these days, prison isn't an off-the-wall topic. The illegal-trading probes that netted crooks at more than a dozen funds may have reached an unofficial finale with a whimper last week — a deal allowing SAC Capital Advisors LLC's Steven A Cohen to ... Full investment news article