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By Ginger Szala |
May 24, 2013
With a 40-year plus career spanning all segments of the financial industry, Bill Brodsky, Chicago Board Options Exchange executive chairman, talks about the events that shaped the modern trading landscape, his role in them, and what’s next for the industry.
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By Michael Hytha and Kit Chellel, Bloomberg |
March 20, 2013
A JPMorgan Chase & Co. unit reached a $100 million settlement with MF Global Inc. liquidators, paving the way for the return of money to creditors and clients of the failed brokerage.
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By Elaine Knuth |
December 17, 2012
As disastrous as the MF Global debacle has been to its customers, those customers with funds held overseas in secured accounts have seen the worst of the MF Global mess.
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By Tiffany Kary, Bloomberg |
October 11, 2012
MF Global Inc. won bankruptcy court approval of procedures that will help it sort through $22.7 billion worth of claims from 6,669 general creditors.
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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 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 Linda Sandler, Bloomberg |
June 25, 2012
The U.S. Supreme Court won’t hear an appeal by Bernard Madoff’s investors over whether they can recover lost profit, an action that lets stand the Madoff trustee’s calculation that investors lost $17 billion.
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By Joe Schneider and Tiffany Kary, Bloomberg |
June 5, 2012
MF Global Holdings Ltd. may have more than $3 billion of claims against its affiliates and units, the company’s bankruptcy trustee said in a report detailing the progress of an investigation into its collapse.
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By Linda Sandler, Bloomberg |
May 25, 2012
Bernard Madoff’s investors shouldn’t be allowed to appeal a court ruling denying them payment for fake Ponzi profits on their account statements, the U.S. Securities and Exchange Commission said.
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By Daniel P. Collins |
May 24, 2012
Of more concern to those shareholders interested in the business at hand was CME's stagnant share price and its reaction to the MF Global bankruptcy