Subsequent Events

6 Months Ended

Jun. 30, 2011

Subsequent Events

Subsequent Events

20. Subsequent Events

        In July 2011, the Company approved a share repurchase program that authorizes the Company to purchase up to $20 million of Cowen Group's Class A common shares from time to time through a variety of methods, including in the open market or through privately negotiated transactions, in accordance with applicable securities laws.