Indyplus video: Wall Street fat-cat in firing line over insider trading

Wednesday 24 July 2013 19:29 BST

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Wall Street legend Steve Cohen is caught up in an investigation into insider trading that could result in criminal charges. US regulators have accused him of failing to supervise two senior employees and prevent them from engaging in illegal activities under his watch.

The high-stakes world of hedge funds has been marred by a series of negative headlines in recent years, as regulators vow to get to tough on Wall Street. The FBI teamed up with actor Micheal Douglas, famous for his role of Gordon Gekko, in an anti-fraud campaign.

Watch Douglas's word of wisdom in FBI's video below:

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Indyplus video: Wall Street fat-cat in firing line over insider trading

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