SEC Files Civil Charges Against SAC For Failure To Supervise

One of the more interesting headlines this week is the SEC filing a civil case against Steven Cohen of S.A.C. late Friday afternoon. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins The Closing Bell on CNBC to discuss the recent filing by the SEC for charges of Failure to Supervise against S.A.C.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.