November 28, 2011
MF Global UK Ltd.'s administrators plan to return some client funds frozen in the U.S. parent's bankruptcy by the end of March, they said Monday.
November 22, 2011
A New York bankruptcy judge on Tuesday shot down a bid by some of the 38,000 former commodity customers of MF Global Inc. for official representation in the liquidation of the failed broker-dealer, saying nothing in the law or Bankruptcy Code allowed it.
November 22, 2011
A House subcommittee on Tuesday called on former MF Global Inc. CEO Jon Corzine to testify at an upcoming hearing on the collapse of the broker-dealer and its potentially illegal misplacement of an estimated $1.2 billion in customer funds.
November 21, 2011
Former commodities customers of MF Global Inc. are slated to argue in New York bankruptcy court Tuesday for the appointment of a committee to represent them in the liquidation of the broker-dealer — a move that the U.S. trustee's office says would be improper.
November 21, 2011
The trustee overseeing the liquidation of MF Global Inc. in New York bankruptcy court said Monday that as much as $1.2 billion — double previous estimates — may have vanished from customer accounts at the failed broker-dealer.
November 18, 2011
A New York federal judge on Friday signed off on a $90 million cash settlement that a unit of MF Global Holdings Ltd. had reached in an investor class action over its 2007 initial public offering long before the company filed for bankruptcy Oct. 31.
November 17, 2011
With reports Thursday that MF Global Inc. borrowed cash from customers without telling them or backing the loans, the unceasing revelations about the brokerage's collapse continue to sour investors' confidence in the reeling U.S. futures market and the ability of its chief regulator to handle the crisis, traders say.
November 17, 2011
Thousands of former customers of bankrupt broker-dealer MF Global Inc. could begin getting back cash within a week after a New York bankruptcy judge agreed Thursday to let the liquidating trustee release about $520 million in funds that had been frozen.
November 16, 2011
Attorneys for MF Global Holdings Inc. and the trustee who is liquidating its broker-dealer subsidiary told a New York bankruptcy judge Wednesday that they still have no idea how much money is missing from customers' accounts, how it may have disappeared or where it went.
November 16, 2011
A U.S. Commodity Futures Trading Commission member said Wednesday that customers of collapsed brokerage MF Global Inc. should get their money back sooner than proposed by the bankruptcy trustee liquidating the failed firm.