Mickelson relieved insider trading probe is over

3:36 PM ET

DUBLIN, Ohio — Phil Mickelson expressed relief Wednesday that an investigation by the Securities and Exchange Commission into insider trading has concluded and that he can again focus on his golf career.

Mickelson, 45, a World Golf Hall of Famer, was named as a “relief defendant” but faced no criminal charges after it was learned he had earned nearly $1 million as a result of a stock tip he received from William “Billy” Walters, a friend and avid golfer who is also known as a professional gambler.

The SEC alleged that Walters gave Mickelson the advice so he could profit from a stock sale and repay him for debts.

“I’d like to say that I’m disappointed to have been a part of that whole thing, but after a thorough investigation, I’m pleased that it’s behind me, that it’s over,” Mickelson said at Muirfield Village Golf Club, where the Memorial Tournament begins Thursday.

“I’m appreciative of my family and friends and my companies for their support of me.”

Phil Mickelson was not criminally charged for allegedly profiting off an insider stock tip to repay a debt owed to noted sports gambler Billy Walters. Harry How/Getty …

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