CFTC Sues Corzine, MF Global

MF Global Agrees to Pay Restitution, Case Proceeds Against Corzine

Chris Clayton
By  Chris Clayton , DTN Ag Policy Editor
Connect with Chris:
@ChrisClaytonDTN
The Commodity Futures Trading Commission 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. (Logo courtesy of the CFTC)
The Commodity Futures Trading Commission 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. (Logo courtesy of the CFTC)
The CFTC filed a lawsuit on Thursday accusing MF Global, Inc., and two of its leaders of a variety of charges related to the collapse of MF Global, which resulted in more than $1 billion of customer funds going to pay the firms' margin calls and other expenses.

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Chris Clayton

Chris Clayton
About the Author
Connect with Chris:
@ChrisClaytonDTN