(PBS FRONTLINE) JASON M. BRESLOW, April 22, 2016 — Fen. Elizabeth Warren (D-Mass.) chastised the Securities and Exchange Commission on Thursday, saying Wall Street’s top cop has failed its “core mission to ‘protect investors’” by allowing Steven A. Cohen back into the hedge fund business just months after the billionaire settled with the agency as part of an investigation into insider trading.

In a letter to SEC Chairman Mary Jo White, the Massachusetts Democrat blasted Cohen’s return to the industry as “an unacceptable outcome from the nation’s primary enforcer of securities laws.”

“This decision raises serious concerns about the SEC’s ability to protect investors, to uphold the integrity of financial markets from corrupt, illegal investment management practices, and to impose meaningful accountability on wrongdoers,” according to Warren.

Source: Senator Warren Slams Wall Street’s Top Cop | To Catch a Trader | FRONTLINE | PBS