Article originally appeared in the November 28, 2011 edition of the Delta Farm Press. David Bennett Fallout over the late-October bankruptcy of MF Global Holdings Ltd. – the eighth largest in U.S. history — has spawned FBI and Justice Department investigations and left many wondering how, in the wake of supposed Wall Street reforms, government

Story originally appeared in the November 23, 2011 edition of the Chicago Sun-Times. By David Roeder The trustee searching for missing customer money in the bankruptcy of MF Global will investigate how well the Chicago futures markets monitored the brokerage before its collapse, a spokesman said Wednesday. Kent Jarrell, a spokesman for Trustee James Giddens,

Article originally appeared on MarketWatch.com on November 25, 2011. By Jamila Trindle –Coalition of MF Global customers lobbies Washington to help them get money back –Futures industry considers an insurance fund –Regulators to take lawmaker questions in hearings on Dec. 5 and Dec. 15 (Updates to add CFTC not returning request for comment in paragraph

Story originally appeared as a November 24, 2011 Reuters dispatch. By Ann Saphir (Reuters) – In November 1986, shaken by traders’ losses after a brokerage went bust, the U.S. futures industry considered, and then rejected, the notion of insuring customer funds in a broker default. The collapse last month of MF Global Holdings Inc, and

Story originally appeared in the November 23, 2011 edition of the Chicago Tribune. CME Group disputes the $1.2 billion shortfall in customer-segregated accounts announced Monday by the trustee, stating it is confident that those reports are incorrect By Alejandra Cancino, Chicago Tribune reporter In a move to increase payouts to former customers of MF Global

Article originally appeared as a November 23, 2012 Reuters wire dispatch. By Nick Brown, Christopher Doering and Jonathan Stempel (Reuters) – Former customers of MF Global Holdings Ltd got some good news on Tuesday, as the bankruptcy trustee secured more assets and the CME Group Inc expanded a guarantee to speed the return of frozen

Story originally appeared in the November 23, 2011 edition of the Chicago Tribune. Chicago-based group says it represents more than 7,000 MF Global customers whose money is temporarily frozen during bankruptcy proceedings. By Gregory Karp, Chicago Tribune reporter The newly formed Commodity Customer Coalition, based in Chicago, says it represents more than 7,000 MF Global

Article orignally appeared in the November 21, 2011 edition of the Chicago Sun-Times. By David Roeder Business Reporter The trustee sorting out the bankruptcy of MF Global Holdings Ltd. on Monday doubled the estimate of possible lost funds in its customer accounts to $1.2 billion as CME Group Inc. came under intense criticism for its

Article originally appeared as a Reuters wire dispatch. By David Sheppard and Jeanine Prezioso NEW YORK, Nov 20 (Reuters) – Three weeks after MF Global’s collapsed, furious former customers are still fighting for access to billions of dollars as they question why as much as two-thirds of their money is still frozen. While authorities have

Originally appeared on FuturesMagazine.com Commodity Customer Coalition to Object to SIPC Trustee’s Claims Process for MF Global Bankruptcy, Propose Faster Alternative Claims Process In response to the SIPC Trustee’s expedited application for an order from the court to put both securities and commodities customers of MF Global through the same claims process, the Commodity Customer