Another US regulator placed restrictions on Steven A Cohen but did not stand in the way of the billionaire’s expected return to the hedge fund industry in 2018.

A new settlement with the Commodity Futures Trading Commission bars the former head of SAC Capital Advisors from any activities at a CFTC-registered firm. The CFTC is the nation's top commodities regulator, overseeing derivatives, swaps, futures and other complicated trading instruments.