Monthly Archives: June 2012

MF Global Clients get chance to auction claims | Financial Times

    The auction “might raise the [recovery] rate for some of the smaller clients,” said John Roe, leader of the Commodity Customer Coalition, which represents more than 8,000 MF Global clients. “I can’t see how it will help institutional clients. Those clients are much better off doing a direct deal with a buyer.” Read the rest

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    Mr. Roe goes to Washington | Futures Magazine

      This article originally appeared in Futures Magazine. BY DANIEL P. COLLINS The Commodity Customer Coalition (CCC) made numerous policy recommendations, warned that MF Global may not be an isolated incident and leveled serious charges against JPMorgan and others in presenting its “Recommendations on the Policy Response to the MF Global Bankruptcy,” to the Senate Committee on Agriculture, Nutrition

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      MF Global trustee to report on payback efforts | Reuters

        This article originally appeared as a Reuters dispatch. By Nick Brown NEW YORK | Fri Jun 1, 2012 4:59pm EDT (Reuters) – Former MF Global Holdings Ltd (MFGLQ.PK) customers are hoping to get fresh information on Monday about where their money went and for an update on efforts to get it back. Trustee James Giddens, who is

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        Call for independent counsel in MF Global probe | Futures Magazine

          This article originally appeared in Futures Magazine. By Daniel P. Collins | June 1, 2012 After six months and several leaks regarding a low probability of any criminal indictments coming out of the MF Global investigation, Rep. Michael G. Grimm (R-N.Y.) and the Commodity Customer Coalition  (CCC) have called on Attorney General Eric Holder to appoint an independent counsel to take

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