Whether Cohen will ultimately face criminal charges, Frenkel said to “look at the example” of Rajat Gupta, the former Goldman Sachs director charged in the insider trading investigation of Raj Rajaratnam’s Galleon Group. “The SEC brought an administrative action against Gupta,” Frenkel recalled, “and within 30 days, the next thing you know, there’s a criminal indictment.”

Will our highest-profile trustee, Steven Cohen, get hit with criminal, and not just administrative actions? Stay tuned!

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One Response to “It’s an exciting time to be a Brown University trustee!”

  1. MattF Says:

    Interesting item by Felix Salmon on Cohen’s MO:

    http://blogs.reuters.com/felix-salmon/2013/07/21/the-secs-important-case-against-stevie-cohen/

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