Watch CBSN Live

SAC Capital settlement largest ever for insider trading

Hedge fund SAC Capital agreed to pay a hefty $1.8 billion fine and plead guilty to criminal fraud charges. It's the first major Wall Street firm to admit criminal conduct since the late 1980s, evidence of a tougher stance by the Justice Department and SEC. Anthony Mason reports.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.