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Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors. Insider trader-related charges against Mr. Cohen will prove a landmark case, pitting anti-finance populists drooling at the possibility of a billionaire perp walk against industry participants claiming the whole thing is just a witch hunt. No matter how it goes, however, Canadian investors hoping that more stringent regulatory oversight migrates here are likely to be disappointed.
Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors. Insider trader-related charges against Mr. Cohen will prove a landmark case, pitting anti-finance populists drooling at the possibility of a billionaire perp walk against industry participants claiming the whole thing is just a witch hunt. No matter how it goes, however, Canadian investors hoping that more stringent regulatory oversight migrates here are likely to be disappointed.
(STEVE MARCUS/REUTERS)

regulation

Insider trading reforms unlikely to come North

Insider trader-related charges against hedge fund manager Steve Cohen will prove a landmark case, pitting anti-finance populists drooling at the possibility of a billionaire perp walk against industry participants claiming the whole thing is just a witch hunt. No matter how it goes, however, Canadian investors hoping that more stringent regulatory oversight migrates here are likely to be disappointed.