-
By Daniel P. Collins |
August 8, 2012
Judicial Watch the right leaning public interest group that investigates public corruption filed a Freedom of Information Act (FOIA) lawsuit against the CFTC and SEC.
-
By Cristina Alesci, Whitney Kisling and Nina Mehta, Bloomberg |
August 6, 2012
Knight Capital Group Inc. received a $400 million cash infusion through the sale of convertible securities after trading losses spurred by a software failure drove the market maker to the brink of bankruptcy.
-
By Michael McFarlin & Daniel P. Collins |
August 2, 2012
Yesterday’s hearings of the U.S. Senate’s Agriculture, Nutrition and Forestry Committee probing the MF Global and PFGBest scandals had less fireworks than past hearings but perhaps a more serious tone.
-
By Silla Brush, Bloomberg |
July 31, 2012
The review, a copy of which was obtained through a public records request, was conducted while Gensler and the CFTC were under criticism from lawmakers for their oversight of MF Global
-
By Matthew Leising, Bloomberg |
July 26, 2012
CME Group Inc., the world’s largest futures market, said second-quarter profit fell 17 percent from a year earlier as interest rates near zero reduced trading in the company’s biggest contract.
-
By Jeremy Hodges and Kit Chellel, Bloomberg |
July 24, 2012
The bankruptcy trustee of MF Global Holdings Ltd. is seeking to interview former London employees of the failed broker as it considers lawsuits against the U.K. unit and its staff.
-
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.
-
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.
-
By Linda Sandler, Bloomberg |
July 12, 2012
Customers’ claims on PFGBest, whose founder is accused by regulators of misappropriating more than $200 million, may fetch less than a quarter of their value in the wake of the firm’s bankruptcy.
-
By Jeremy Hodges, Bloomberg |
June 26, 2012
MF Global Holdings Ltd. Chapter 11 trustee, Louis Freeh, was given the right by a London judge to participate in all U.K. court proceedings involving the failed brokerage.
