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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.
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By Silla Brush, Bloomberg |
July 17, 2012
The CFTC reviewed operations at PFG Inc. at least twice since 2006 without detecting the fraud that led to the collapse of the futures broker.
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By Silla Brush, Bloomberg |
July 17, 2012
The U.S. Commodity Futures Trading Commission reviewed operations at PFGBest at least twice since 2006 without detecting the fraud that led to the collapse of the futures broker and a $200 million shortfall in client funds.
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By Press Release |
July 10, 2012
CFTC files complaint against Peregrine Financial Group, Inc. and Russell R. Wasendorf, Sr. alleging fraud, misappropriation of customer funds, violation of customer fund segregation laws and making false statements.
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By Michael McFarlin & Daniel P. Collins |
July 9, 2012
As part of the notice placing PFGBest in liquidation-only status, the NFA detailed that customer segregated funds at the FCM may be underfunded by as much as $220 million.
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By Henry Meyer and Jason Corcoran, Bloomberg |
May 17, 2012
Investors are fleeing Russia as demonstrators against President Vladimir Putin dig in, exacerbating the impact of Europe’s debt crisis on the country’s markets, money managers from Frankfurt to Moscow said.