The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has obtained a federal court Consent Order against Jon…
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Tag: MF Global
MF Global’s Jon Corzine looking to make a comeback with new hedge fund
The Wall Street Journal reported yesterday that disgraced former MF Global CEO Jon Corzine, also former chairman of Goldman Sachs and ex-New…
Read MoreTrustee of MF Global Inc seeks court permission for distribution of $461m to creditors
MF Global, the ill-fated brokerage, went insolvent in 2011 but the saga around the bankruptcy, return of customer funds, litigation…
Read MoreExclusive: Customer advocacy activist James Koutoulas accuses NFA Chairman of improprieties, war of words commences
“I re-iterate that everything I said is true and has been reported to the CFTC with documentary support” – NFA board member and co-founder of Commodity Customer Coalition James Koutoulis
Read MoreCFTC adds $100 million penalty to MF Global’s $1.2 billion client restitution settlement
Over three and a half years after the demise of MF Global as a result of improper transfers of client funds, the litigation continues with the CFTC having this week imposed a further $100 million civil monetary penalty over and above the $1.2 billion restitution order applied to the firm in March this year
Read MoreCFTC bids farewell to swap dealer regulation chief Gary Barnett
Mr. Barnett joined the CFTC in August 2011 to organize and head the newly created DSIO, subsequently creating the regulator’s swap dealer compliance and registration programs. His tenure at the CFTC has included leading responses to FCMs and FX dealer crises following the failure of MF Global
Read MoreMF Global bankruptcy’s last chapter? CFTC announced final client restitution payments
The CFTC’s litigation continues against MF Global Holdings Ltd., Jon S. Corzine, and Edith O’Brien, with restitution proceeding for customers…
Read MoreCFTC goes after former MF Global CEO Jon Corzine
Regulator’s clear message to brokerage CEOs – you are ultimately responsible for customer funds. The CFTC, in one of its…
Read MorePFGBest shut down by regulators
Raises questions as to what CFTC and NFA regulators actually do.
Read MoreWorldSpreads enters FSA’s Special Administration
FSA unable to sell WorldSpreads, will return cash to clients.
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