Steve Cohen was fired from a trading job and banned from trading for four weeks, but still created one of Wall Street's most successful hedge funds.

Question

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This statement is true. Steve Cohen was fired from his trading job at Gruntal & Co. in 1992 and was banned from trading for four months by the SEC. However, he went on to found SAC Capital Advisors, which became one of the most successful hedge funds on Wall Street.

Steve Cohen Was Fired from a Trading Job and Banned