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By Daniel P. Collins |
September 4, 2012
The trustee for MF Global Inc. has filed a new motion in support of the Aug. 15 plan for asset distribution. The new motion responds to victim objections to the original agreement.
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By Daniel P. Collins |
August 31, 2012
On Aug. 15 a story came out that angered many people following the MF Global saga, particularly futures market participants who are still out money
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By Tiffany Kary, Bloomberg |
August 30, 2012
MF Global Holdings Ltd.’s trustee, Louis Freeh, said the rights to any winnings from lawsuits against the failed brokerage’s officers and directors including Jon Corzine shouldn’t be given to customers, and should go to the general estate instead.
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By Daniel P. Collins |
August 20, 2012
CTA Bouchard Capital LLC will be shutting its doors later this week because nearly 80% of the client and proprietary money it was trading, $3.4 million of $4.4 million, is tied up in the PFGBest fraud.
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By Daniel P. Collins |
August 16, 2012
The MF Global bankruptcy didn't just give the futures industry a black eye, it shattered the claim that futures customers have never lost money due to broker failure.
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By Michael McFarlin |
August 15, 2012
MF Global Inc. Trustee James Giddens announced an agreement to cooperate and participate in an already pending lawsuit against former MF Global executives.
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By Tiffany Kary, Bloomberg |
August 10, 2012
The trustee liquidating MF Global Inc. won court approval to receive $130 million from CME Group Inc. to pay back the bankrupt brokerage’s customers and other creditors.
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By Daniel P. Collins |
August 10, 2012
An interesting discourse went on at last week’s Senate Agriculture Committee hearings on recent failures to protect customer funds in the futures industry between the two MF Global trustees
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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.
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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.
