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

Story originally appeared on dtn’s Progressive Farmer  By Katie Micik DTN Markets Editor The Commodity Customer Coalition, a group that informally represents more than 2,500 customers of the bankrupt commodities and securities brokerage firm MF Global, will argue in court next week, supporting customers’ requests for immediate release of at least 85% of the cash