simone called the expectation is, you know, steve cohen, stocks.hat was his real area. , butdid two other things stocks were always successful. right now stamford harbor will run some illiquid securities, but i think the expectation is certainly that steve cohen will do it he does. david: thank you vy much. vonnie: you can see her story at bloomberg.com. david: still had, activision blizzard reports earnings after the bell. ♪ this is a bloomberg. -- this is bloomberg. ♪ david: this is "bloomberg markets." vonnie: more breaking news. golfsmith has about 150 stores and this hired al gore them to aid in restructuring. it is owned by a canadian private equity firm. it has hired jeffries this week, new owners. that is on the heels of the nike news, that nike 1 -- david: time for options insight. ramy: thanks. senior marketthe strategist at trading advantage, joining me from the cboe in chicago. good to see you. look at markets. they are mixed right now. i feel like i have been saying that for the past week or so, off of earnings, looking ahead to the jo

(steve cohen, drone consultant) there's going to be tens of thousands of people who are going to be legal to fly. the f.a.a. says the changes could open up opportunities from rescues, to inspecting utility lines, to helping farmers check their crops -- with the sky no longer the limit in an industry almost unimaginable just a few years ago. in washington, i'm emily schmidt. are the new rules a good idea? fox five legal analyst bob massi joins us now for "inside the law". closed captioning closed captioning will resume shortly closed captioning closed captioning will resume shortly closed captioning will resume shor closed captioning will resume shortly closed captioning closed captioning closed captioning will resume shortly closed captioning as always you can send questions and comments about inside the law to bob dot massi at fox five vegas dot com. a massive backlash continues... for the makers of the epi-pen. coming up... what the drug company is doing now.... to fend off allegations of a less-expensive generic version of the "epi-pen" will soon be available. but it still costs a pret

pounds; stay in view of the operator; and they can't fly higher than 400 feet; and if you want to (steve cohen, drone consultant) there's going to be tens of thousands of people who are going to be legal to fly. the f.a.a. says the changes could open up opportunities from rescues, to inspecting utility lines, to helping farmers check their crops -- with the sky no longer the limit in an industry almost unimaginable just a few years ago. in washington, i'm emily schmidt. a heroic rescue caught on camera... coming up -- hear from the officer who saved a man from and -- a new recall is affecting thousands of cars! find out if yours could be putting your life in danger! you're watching 13 action news live at 3 -- stay with us.. high pressure will remain in are investigating the cause of a large truck fire near lee canyon road and southbound u.s. 95. the fire is shutting down the high pressure will remain in control of the forecast in the short term, but there is a large system brewing in the gulf of alaska that will make its way down first to the pacific northwest then even

joining me back with us here, tennessee congressman steve cohen, welcome back.ed the clinton foundation, let me get right to it. you heard reince priebus saying, if it was kosher when she was secretary of state, why wouldn't it be kosher now. there have been all these accusations of cronyism with the clintons and donations they received. what's your reaction? >> the president has to be beyond a suspicion. like caesar's wife. beyond any question. i think president clinton-to-en is making it clear that there will be no the any issues that come up. that the clinton foundation will not be accepting any foreign money. than president clinton won't be paid tore any speeches. i think the clinton foundation has done so much good around the world in haiti and africa, helping people that otherwise weren't being helped. clinton foundation did so much good for people that were otherwise being forgotten, helping people with aids, helping people learning how to farm, improving their ability to be self-sustaining. the whole time while the clintons were doing that, trump was bac

steve cohen is another. right. and he will be running one again soon.fund that consistently perform at a high level, and clients are very happy, investors should keep them in the portfolio. erik: so what is the problem here? this is really a chicken and egg issue with hedge funds. , isthere too many funds there too much money chasing too few opportunities? industrydge fund invests in every asset class under the sun, so many strategies have issues. you mentioned paul tudor jones, tudor investments, those are discretionary macro primarily. when you have central banks being so active in the markets, it's a difficult environment to outperform. and those things will happen. they happen in equity cycles, credit cycles. so the performance of strategies fence and flows -- ebbs and flows. know aboutagers that, and this is where they can be more flexible in their terms. if you are getting 20% returns on a consistent basis and you are paying 2 and 20, you are happy. if you are getting 6%, you are not. so i just fees down. keep your willing to money in place for lo

. >> reporter: steve cohen, the money manager based in stanford, connecticut, has settled charges fromhe commodity futures trading commission, but essentially parallel sec charges made year ago he failed to supertize matthew martomer, a portfolio manager who focused on pharmaceutical stocks and was convicted of insider trading is serving a sentence for that. cohen, settling the charges that mimic the sec charges without admitting or denying any wrongdoing, however he's barred from supervising a registered party, that would essentially be a hedge fund or an employee of a hedge fund that accepts public money from now until the end of 2017. again, a very similar settlement to what he entered into with the sec. so essentially, he's still barred from accepting public money or supervising somebody who trades under cftc regulations until early 2018, but at that point, we could see him reaccepting public monif ey he chooses to go that route. this seems to resolve the legal matters against cohen, but another development in his long time hedge you understand. >> kate, thank you. >> and point 72,

steve bannon is the guy whisperring in trump's ear. >> who says. >> or shouting in trump's ear as the case may be. >> who says? >> i say. >> that wasn't him. >> was it cohen. >> who says? we will show that in a second. before we do that, let's show them who says with the latest round of polls. >> it's those big, bad polls. the latest wave of swing state polling confirms states that have been very much in play for republicans in recent years are increasingly slipping away from donald trump. the new quinnipiac poll in colorado shows hillary clinton by ten points. when you add in third-party candidates her lead is eight with lib tearian gary johnson polling. and in iowa, clinton leads by 3%, that's inside the margin of error. when you add in third-party candidates there. gary johnson is polling at 12%. let's take a look at the rust belt, an area of the trump country that, of course, trump is trying to take away from democrats. in michigan, detroit mitchell poll shows trump and trump leading in indiana in his running mate's home state. 47-36. still, someone must not have briefed showing hillary clinton with a solidifying bounce in the wake of the conventions.