NEWS
CFTC Sues Corzine, MF Global
Chris Clayton DTN Ag Policy Editor
Fri Jun 28, 2013 07:33 AM CDT

OMAHA (DTN) -- Farmers and other customers who lost money in the MF Global collapse in late 2011 can finally expect to get full restitution after the company reached a settlement in a civil case being filed by the Commodity Futures Trading Commission.

The CFTC announced on Thursday that it was charging MF Global Inc., as well as former CEO Jon Corzine, with unlawful misuse of nearly $1 billion in customer funds. Also included in the enforcement action is a former assistant treasurer for MF Global, Edith O'Brien.

Under the lawsuit, MF Global reached a settlement with the CFTC, agreeing ...

Quick View
  • Dodge Down Corn Conditions have been right for stalk rot and ear molds in corn in many parts of the Midwest this ...
  • Beef Checkoff Questioned Agriculture Secretary Tom Vilsack said Monday he might take action to offer his own changes to th...
  • Chrysler: What's New for 2015 Here's something you don't want to do at a media event for seasoned automotive journalists from a...
  • Farm Investors Welcome Why own farms when you can own shares in a farmland pool? The advent of agriculture's first real ...
  • Rents Resist Price Relief Growers in bellwether corn states expect to make money on bushels -- not price -- in 2014, farm m...
  • GE Critics Range as Skeptics An ad-hoc committee of 18 scientists is tasked by the National Research Council with examining th...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl helps readers wrestle with reality of health insurance costs, congressional inacti...
  • Ag Innovation Showcase At the sixth annual Ag Innovation Showcase in St. Louis this week, start-ups in search of investo...
  • Ask the Vet What can I do to prevent the spread of facial warts in my herd?
Related News Stories
DTN's Quick Takes
Making Sense of it All
DTN Before The Bell Grain Comments
DTN Technically Speaking Blog
Technically Speaking Blog
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments