Jon Corzine

Arguably no scandal in the history of the futures industry has done as much damage as the MF Global debacle in the fall of 2011. The reason is that it challenged one of the core underpinnings of the futures industry—that customer segregated funds would remain segregated from the rest of the capital in a futures commission merchant (FCM) so that it would not be at risk even if the FCM itself failed.
PricewaterhouseCoopers LLP on Monday said it may seek a mistrial in a $3 billion malpractice case over the collapse of Jon Corzine's MF Global Holdings Ltd, saying it was blindsided when the plaintiff changed its theory of why the brokerage failed.
Former New Jersey Governor Jon Corzine on Friday resisted accepting blame for the October 2011 collapse of his brokerage MF Global Holdings Ltd, repeatedly stressing his reliance on judgments by the auditor PricewaterhouseCoopers LLP.
Jon Corzine, former New Jersey governor and Goldman Sachs co-chairman, will pay a $5 million civil fine to settle a U.S. regulator's lawsuit over the 2011 collapse of his commodity brokerage, MF Global Holdings Ltd.

The U.S. Commodity Futures Trading Commission (CFTC) has obtained a federal court Consent Order against Defendant Jon S.

When the Commodity Futures Trading Commission (CFTC) charged Jon Co

The world of futures is often a mystery to people outside of it. Only when a case such as MF Global explodes on the scene does the larger media world take notice.
The CFTC is not just one of many financial regulators charged with finding financial fraud on big bad Wall Street. ... It is charged with overseeing the U.S. Futures markets
In the latest saga of MF Global, its trustee is going after money received by vendors 90 days prior to firm's demise
Corzine charges long in coming but restitution and perhaps justice may be around the corner for MF Global customers.