Kevin O’Connor, the general counsel for Steven A. Cohen’s investment firm, is overseeing staff picks for the Justice Department as a member of President-Elect Donald Trump’s transition team, according to a chart obtained by Bloomberg.
O’Connor’s employer Point72 Asset Management, is the successor to Cohen’s SAC Capital Advisors, which was the subject of one of the largest insider trading cases in recent years, though he wasn’t there at the time. A former U.S. attorney for Connecticut who earlier worked for the U.S. Securities and Exchange Commission’s Division of Enforcement, O’Connor joined Point72 last year. SAC Capital pleaded guilty in 2013 to securities fraud and agreed to pay a record $1.8 billion fine. Earlier this year, Cohen struck a deal with the SEC that would allow him to return to managing money in 2018.
via Steve Cohen’s General Counsel Is Part of Trump Transition Team – Bloomberg Politics
