The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a Notice of Intent (Notice) to revoke, suspend, or place restrictions on the registration of Steven A. Cohen (Cohen) of Greenwich, Connecticut. The CFTC simultaneously issued an Opinion and Order (CFTC Order) accepting Cohen’s Offer of Settlement and settling the action. The CFTC Order immediately restricted Cohen’s registration as an Associated Person (AP) of SAC Capital Advisors, L.P. (SAC LP). Additionally, pursuant to the Order, Cohen agreed not to engage in any activity requiring registration with the CFTC or to act as an officer or employee of any person registered or required to be registered with the CFTC until at least December 31, 2017, contemporaneous with the restriction end date set forth in a Securities and Exchange Commission (SEC) order of January 8, 2016 (SEC Order).
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