MFGI trustee to return roughly $521 million to cash-only customers

Trustee James Giddens for the MF Global bankruptcy filed a motion today to return up to a 60% distribution to those former MFGI customers that had only cash in their accounts as of the commencement of this proceeding on Oct. 31, 2011. This release will only affect MFGI customers that were cash-only and did not have any positions on at the time of the bankruptcy. This is approximately 21,000 customers with a total of over $869 million in cash assets.

Motion to release some assets

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