Insight: MF Global puts harsh light on self-regulation

by admin on Wednesday, December 14th, 2011 | No Comments

WASHINGTON (Reuters) – Two weeks after MF Global’s collapse, officials from the Commodity Futures Trading Fee briefed Senate staff on the brokerage firm’s final days. When questioned about intelligence that the brokerage firm had written checks that bounced when customers tried to cash them, the regulators had an admission that surprised the room: they didn’t know about the terrible checks.

Presented By:

Win New Customers