PFG

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  Action is power

  By Ginger Szala  |  May 1, 2013

  The name Jon Corzine still puts the futures industry’s teeth on edge. And the reaction seems stronger than some other names that have roiled their spheres of influence.

• Action is power

  By Ginger Szala  |  April 24, 2013

  The name Jon Corzine still puts the futures industry’s teeth on edge. And the reaction seems stronger than some other names that have roiled their spheres of influence.

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  Sticking points

  By Ginger Szala  |  April 3, 2013

  The annual Futures Industry Association conference in Boca Raton, Fla. is a good time to take the industry’s temperature. Where the 2012 meeting was somber, 2013 seemed upbeat.

• Sticking points

  By Ginger Szala  |  April 1, 2013

  April editor's note from Ginger Szala

• MF Global: One year and counting

  By Ginger Szala  |  November 1, 2012

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  A year after MF Global failure, customers safer than before collapse

  By Terrence A. Duffy  |  October 30, 2012

  For more than 160 years, no customer had ever lost a penny as the result of default by a futures industry clearing member. MF Global’s failure last October, followed by fraud at PFGBest nine months later, shattered this uninterrupted legacy of trust

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  MF Global: One year and counting

  By Ginger Szala  |  October 24, 2012

  In reviewing the events around the MF Global bankruptcy, it appears everyone moved faster than the brokerage entity, which no one seemed to be protecting.

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  Wasendorf Jr. sues US Bank

  By Daniel P. Collins, Alanna Byrne  |  September 21, 2012

  As if the Peregrine Financial Group (PFG) fraud story could not get any more peculiar, Russell Wasendorf Jr. and his wife Amber filed a lawsuit against US Bank and one of its employees last Friday, alleging that the bank failed to disclose pertinent information about his father’s finances and misuse...

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  How safe are your funds?

  By Michael McFarlin  |  August 30, 2012

  In the wake of customer funds missing at MF Global and apparent misappropriation and fraud at PFGBest, the futures industry has felt a one-two punch to the supposed bulwark surrounding customer funds.

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  HSBC now...bringing up the bodies

  By Ginger Szala  |  July 17, 2012

  The Senate Permanent Subcommittee on Investigations released findings of a year-long probe on HSBC's failure to curb money laundering for the Mexican cartel and even terrorists. There seems to be a pattern across the entire financial system, and it has to stop.