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Old 11-16-2011, 02:25 PM
Franc Tireur Franc Tireur is offline
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MF Global securities assurances

Quote:
Robert Cook, director of the Securities and Exchange Commission's Trading and Markets Division, told lawmakers that regulators are still struggling to verify information from the failed brokerage, which declared bankruptcy on October 31 following risky bets on European sovereign debt.

The Commodity Futures Trading Commission, meanwhile, is the regulator with oversight of the futures accounts where about $600 million of customer money was reported missing.
http://www.reuters.com/article/2011/...7AF1V920111116

It seems like another huge scandal, what do you think about this story?
 
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