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
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Technically Speaking Blog
Technically Speaking Blog
DTN Midday Livestock Comments
DTN Midday Grain Comments
Kub's Den
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains