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Judge orders hold on administrative proceeding against SAC's Cohen

Wochit 1:00 mins

An administrative law judge approved a request to stay the U.S. Securities and Exchange Commission's action against SAC Capital Advisors founder Steven A. Cohen, according to an order filed on Thursday. Chief Administrative Law Judge Brenda P. Murray approved a request from federal prosecutors in New York to stay the SEC's administrative proceeding accusing Cohen of failing to supervise two one-time SAC employees until after criminal cases against the employees and the $14 billion hedge fund were resolved. If you're a golfer chasing that first major title, you've come to the right place. The list of winners at the PGA Championship is filled with guys who were once in your shoes. From Keegan Bradley to Shaun Micheel, there's something about the year's final major that seems to bring out the best in those seeking one of those career-defining victories.

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