His... one of the most eagerly anticipated returns to UK 's hedge fund sector has stalled with the UK Financial Conduct Authority (FCA) preventing billionaire Steven Cohen from opening his latest venture. The FCA has given no public reason for blocking SAC Capital . Steven Cohen was banned from the sector in 2014 after an insider trading scandal involving his former business Point72 Asset Management . The ban was lifted in January this year .
one of the most eagerly anticipated returns to UK 's hedge fund sector has stalled with the UK Financial Conduct Authority (FCA) preventing billionaire Steven Cohen from opening his latest venture. The FCA has given no public reason for blocking SAC Capital . Steven Cohen was banned from the sector in 2014 after an insider trading scandal involving his former business Point72 Asset Management . The ban was lifted in January this year .