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By Andrew Harris, Bloomberg |
March 20, 2013
Peregrine Financial Group Inc.’s Chapter 7 trustee won court approval to create three classes of firm commodity customers, a ruling that he said may lead to full repayment for one class of account holders.
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By Silla Brush, Bloomberg |
March 7, 2013
Futures brokerages say a proposed U.S. rule meant to protect customers’ money in a collapse like MF Global Holdings Ltd.’s bankruptcy may end up driving clients from the market and companies out of business.
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By Andrew Harris |
February 26, 2013
Peregrine Financial Group Inc.’s $20 million corporate headquarters and its 22-acre Cedar Falls, Iowa, site can be put up for sale, a federal judge said.
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By Press Release |
January 31, 2013
Following an independent review of the organization's audits of the now defunct Peregrine Financial Group, the NFA will make changes to its auditing process.
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By Karen Gullo, Bloomberg |
January 31, 2013
Russell Wasendorf Sr., the founder of now-bankrupt commodities firm Peregrine Financial Group Inc., was sentenced to 50 years in prison for what prosecutors said was a theft of more than $215 million from customers.
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By Alanna Byrne |
January 2, 2013
Ira Bodenstein says he needs until March 15 to sell the brokerage’s assets and consolidate its business operations
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By Matthew Leising and Silla Brush, Bloomberg |
October 23, 2012
The U.S. agency that oversees derivatives, criticized for poor oversight of MF Global Holdings Ltd. and Peregrine Financial Group Inc., proposed new rules to improve segregation and protection of customer funds.
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By Sean B. Pasternak and Matthew Leising |
October 11, 2012
Canada’s third- largest bank will offer more products to hedge funds, including derivatives trading, as it expands prime services to compete internationally.
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By Steve Zwick |
October 1, 2012
With the recent fraud at PFGBest essentially torpedoing more than a century of trust, is a major overhaul of retail brokering the only solution?
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By Andrew Harris and Tom Witosky |
September 17, 2012
Russell Wasendorf Sr., founder of the bankrupt commodities firm Peregrine Financial Group Inc., pleaded guilty to stealing more than $100 million from its customers.
