Tag Archives: brokerage

Exclusive: Regulators know where MF Global funds went

Source: Reuters Regulators now have a more complete picture of money transfers in the final days of bankrupt brokerage MF Global, but must sort out which transactions were legitimate before more money can be released to customers, a top official … Continue reading

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‘I’m sorry… but I’ve got no idea where your money’s gone’: Jon Corzine apologises to MF Global clients with $1.2bn still missing

Source: Daily Mail Jon Corzine has admitted he has no idea where $1.2billion of missing customer’s money has gone since his brokerage firm collapsed. The former chief of MF Global has apologised to customers, employees and investors, saying ‘their plight … Continue reading

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