Steven Cohen raises eyebrows by using auditor to sell fund assets holding up SEC settlement – MarketWatch

VEA vice chair Nell Minow is quoted in this story about Steven Cohen offloading illiquid assets to an affiliate of his accounting firm.

Corporate governance expert Nell Minow, the vice chair of ValueEdge Advisors, told MarketWatch “Steven Cohen had one job: to stay squeaky clean until he could get permission to manage outside money again. Instead he cut a corner he didn’t have to, creating a conflict of interest with the public accounting firm he’s paying to protect his family, his employees and future investors.”

Source: Steven Cohen raises eyebrows by using auditor to sell fund assets holding up SEC settlement – MarketWatch

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