Reuters, 2 Nov 2011
(Reuters) - In its final days before descending into bankruptcy, Jon Corzine's MF Global Holdings may have transferred customer funds to avoid detection by authorities, the top regulator of the firm said on Wednesday.
CME Group Inc, the biggest U.S. futures exchange operator, said a transfer of funds from customer accounts at MF Global appeared to occur after a CME audit of the funds last week, which would be in violation of CFTC regulations and CME rules. Full story
Related:
MF Global Singapore unit struggling to close clients' overseas trades - Reuters
MF Global stops liquidation, customer transfers - sources - Reuters
CME Raises Suspicions on MF Global Transfers - dealbook.nytimes.com
MF Global Singapore unit struggling to close clients’ trades - The Malaysian Insider