Manuel F. Cohen served as chairman of the U.S. Securities and Exchange Commission between 1964 and 1969 and also served as a member from 1961-1969.

Born in Brooklyn

Brooklyn

Brooklyn is the most populous of New York City's five boroughs, with nearly 2.6 million residents, and the second-largest in area. Since 1896, Brooklyn has had the same boundaries as Kings County, which is now the most populous county in New York State and the second-most densely populated...

, he was a graduate of Brooklyn College

Brooklyn College

Brooklyn College is a senior college of the City University of New York, located in Brooklyn, New York, United States.Established in 1930 by the New York City Board of Higher Education, the College had its beginnings as the Downtown Brooklyn branches of Hunter College and the City College of New...

 (1933).

During his tenure, the breadth of the prohibitions against insider trading

Insider trading

Insider trading is the trading of a corporation's stock or other securities by individuals with potential access to non-public information about the company...

, which had been developed earlier under Chairman William L. Cary

William L. Cary

William Lucius Cary served as chairman of the U.S. Securities and Exchange Commission between 1961 and 1964.Chairman Cary graduated Yale University in 1931 and later served with the Office of Strategic Services in the former Yugoslavia and Romania during World War II. He was a Dwight Professor of...

, grew substantially as the SEC began to bring the key cases that developed the theories of insider trading

Insider trading

Insider trading is the trading of a corporation's stock or other securities by individuals with potential access to non-public information about the company...

 on which the Commission relies today.

External references

• 32nd Annual Report of the Securities and Exchange Commission
• The Saxe Lectures (1976/77) - THE WORK OF THE COMMISSION ON AUDITORS' RESPONSIBILITIES, Manuel F. Cohen (March 8, 1977)