Manuel F. Cohen (October 9, 1912 – June 16, 1977) served as chairman of the
U.S. Securities and Exchange Commission
The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market m ...
between 1964 and 1969 and also served as a member from 1961 to 1969.
Life and career
Born in
Brooklyn
Brooklyn is a Boroughs of New York City, borough of New York City located at the westernmost end of Long Island in the New York (state), State of New York. Formerly an independent city, the borough is coextensive with Kings County, one of twelv ...
, he was a graduate of
Brooklyn College
Brooklyn College is a public university in Brooklyn in New York City, United States. It is part of the City University of New York system and enrolls nearly 14,000 students on a campus in the Midwood and Flatbush sections of Brooklyn as of fall ...
(B.S. 1933).
During his tenure, the breadth of the prohibitions against
insider trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider informati ...
, which had been developed earlier under Chairman
William L. Cary, grew substantially as the
SEC began to bring the key cases that developed the theories of
insider trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider informati ...
on which the SEC relies today.
His daughter Susan Cohen married future
United States federal judge
In the United States, a federal judge is a judge who serves on a court established under Article Three of the U.S. Constitution. Often called "Article III judges", federal judges include the chief justice and associate justices of the U.S. S ...
Paul D. Borman in 1964.
References
External links
32nd Annual Report of the Securities and Exchange Commission- THE WORK OF THE COMMISSION ON AUDITORS' RESPONSIBILITIES, Manuel F. Cohen (March 8, 1977)
Brooklyn College alumni
Members of the U.S. Securities and Exchange Commission
People from Brooklyn
1912 births
1977 deaths
Kennedy administration personnel
Lyndon B. Johnson administration personnel
Nixon administration personnel
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