MF Global's missing money

As MF Global, Inc. declared bankruptcy on October 31st, the CFTC and SEC released a statement advising that MF Global had informed them of possible deficiencies in customer futures segregated accounts. CFTC-SEC Press Release. On November 1st, the Wall Street Journal reported that the FBI is investigating whether MF Global diverted customer funds.

Filed under:
USA, Capital Markets, Derivatives, Insolvency & Restructuring, Winston & Strawn LLP, Bankruptcy, Fraud, Futures contract, Subpoena, Severance package, US Securities and Exchange Commission, Commodity Futures Trading Commission (USA), FBI, The Wall Street Journal, CME Group, Trustee
Location:
USA
Firm:
Winston & Strawn LLP