MF Global coverage

December 18, 2011 06:00 PM

MF Global entered Chapter 11 bankruptcy on Oct. 31 2011 after talks to sell the firm broke down based on an apparent shortfall in its customers segregated funds.

The crisis is more than seven weeks old and customers still have not been made whole. On Dec. 9 the bankruptcy judge approved a third bulk transfer that promises to "true up" all customers to 72% of their account value. Many customers are still waiting on that transfer.

As of mid-December the trustee is still claiming there is a shortfall of $1.2 billion or more and there is some question if customers will ever be made whole.

Below are links to our coverage on MF Global starting from before the bankruptcy filing.

CFTC Sommers responds to MF Global customers

Corzine says transfers were proper

CME big wigs sue Corzine, MF Global officers

Chifton denies CFTC knows where all MF Global money went

Former CFTC head offers MF Global solution

CME Group plays old-school Chicago politics

MFA modifies CFTC swaps comments post-MF Global

CFTC Sommers testifies to Senate Ag Committee on MF Global

Trustee James Giddens' testimony to US Senate Ag Committee on MF Global

CME's Terry Duffy testifies to Senage Ag on MF Global

Duffy says Corzine knew of transfers

MFGI bankruptcy judge approves third transfer of customer funds

CME's Duffy says MFGI moved customer funds

MFGI trustee affirms customer property and priority status

Exchange heads testify on MF Global bankruptcy

CFTC Sommers testifies to House Ag Committee on MFGI bankruptcy

Corzine testifies to House Ag Committee

Analysis: MF Global abused brokerage borrowing rules

Corzine subpoenaed

A foundation at risk

MF Global fails; industry takes hit

Top 50 brokers of 2011: This one is on us

MFGI trustee moves to transfer all securities accounts

MFGI trustee files to return additional $2.1 billion to customers

MFGI bad check claims process

Good news bad math

CME pledges additional $300 million to trustee

Trustee secures additional $1.3 billion

Shortfall much larger than previously thought

MFGI Liquidation Trustee Motions Spark Commotion

Whitepaper: How to save the futures industry

Some MFGI customers left out in cold

MFGI customer group not satisfied

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

ICE Clear Canada Transfers MF Global Canada Positions

MF Global trustee seeks to charge additional fees

MFGI trustee files expedited claims process

MFGI trustee doesn't know amount of seg fund shortfall

NIBA petitioning to have MF Global seg funds released

MF Global customer group joins battle

MF Global collapse bolsters Dodd-Frank

MFGI customer group white paper

1066 MF Global employees terminated

60% of collateral transferred

CME letter to trading community

CME Group delays distribution

CME makes margin ratio adjustment

IB's Peterffy passes on MF Global transfers

CME transfers $410 clearing-held collateral

LCH.Clearnet transfers MF Global funds at LME

Jon Corzine hires criminal defense lawyer

Corzine resigns

MF Global accounts moving, hearing tomorrow

Rivals move to split MF Global client base

Margin calls loom for MF Global clients

Trustee subpoena hearing

Bankruptcy judge approves transfers

CME says it has excess collateral for MF Positions

Non-US MF Global positions wound down

MF Global funds are all acounted for, lawyer tells judge

MF Global bankruptcy petition and Q2 earnings

MF Global being investigated for missing money

MF Global's demise felt by commodities exchanges

MF Global stock to be delisted at NYSE

SGX puts MF Global Singapore on liquidation only

MF Global on the brink

Chaos follows after MF Global filing

MF Global files for bankruptcy

MF Global weighing buyout options

Fitch cuts MF Global credit rating to junk after shares tumble

Is MF Global for sale?

MF Global slumps 47% on unexpected loss

About the Author