Stock Market

SEC Reportedly Looking Into George Soros' Herbalife Trading

Insider trading alleged

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The Securities and Exchange Commission is taking Bill Ackman seriously.

Days after the hedge-fund mogul wrote the regulator and complained about alleged insider-trading violations by George Soros' family fund regarding its trading in Herbalife, the SEC took action.

An SEC lawyer has contacted at least one person who spoke with Soros Fund Management portfolio manager Paul Sohn, who was driving the firm's Herbalife investment, The Post has learned.