CFTC Fines MF Global For "Unlawful" Activity, One Target RemainsMark Melin
A federal court in New York ordered MF Global Holdings to-pay $100 million fine and ensured that the $1.2 billion of customer funds that were “unlawfully” used by the brokerage would be returned in full, a Commodity Futures Trading Commission statement said.
Details of MF Global's settlement
Details of the settlement, released on Christmas Eve, were agreed upon earlier in the month, a exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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