Phil 'disappointed' for link to insider trading probe

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DUBLIN, Ohio – Phil Mickelson vowed to do a better job of watching who he associates himself with after he agreed to repay more than $1 million to the Securities and Exchange Commission for money he made off a stock tip from gambler Billy Walters.

In his first public appearance since the findings of the investigation were released last week, Mickelson said he was relieved to put the incident behind him.

"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, that it's behind me," Mickelson said Wednesday at the Memorial Tournament. "I'm appreciative of my family and friends and my companies and their faith in me and their support of me."


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The five-time major winner was not criminally charged, and he said the PGA Tour has not spoken with him about any possible punishments. The Tour normally does not discuss player discipline, but associating with gamblers is strictly prohibited.

"I don't know anything to even comment on that," said Mickelson about possibly being disciplined.

Walters pleaded not guilty in Manhattan federal court Wednesday to charges he made illegal profits off of tips from former Dean Foods chairman Thomas Davis. Davis has already pleaded guilty and is helping in the case against Walters.

Walters is accused of passing on those tips from Davis to Mickelson.