The MF Global Bankruptcy, Missing Customer Funds, and Proposals for Reform.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Accounting.

Bankruptcy.

Consumer protection.

Securities.

Physical Description:

1 online resource (1 online resource (19 p), digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2011.

System Details:

text file

Summary:

Provides background on MF Global, a large brokerage firm registered with SEC as a broker-dealer and with the CFTC as a futures commission merchant, which filed for bankruptcy on Oct. 31, 2011, with over $900 million in customer funds missing from its records. Explains rules for handling customer funds, enforcement of those rules in case of MF Global, bankruptcy proceeding, related policy issues, and reform proposals to ensure greater protections for futures customers.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed May 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Government Division. MF Global Bankruptcy, Missing Customer Funds, and Proposals for Reform

Access Restriction:

Restricted for use by site license.