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
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
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
CME letter to trading community
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
MF Global accounts moving, hearing tomorrow
Rivals move to split MF Global client base
Margin calls loom for MF Global clients
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
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
