Hedge fund nears rare insider trading settlement refund with U.S. SEC
January 25, 2016 at 20:01 PM EST
NEW YORK, Jan 25 (Reuters) - U.S. securities regulators said on Monday they would not oppose making a rare settlement refund of $21.5 million to hedge fund Level Global Investors LP after a federal appeals court's ruling that made pursuing insider trading cases tougher.