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Customer Funds

Disgraced CEO's Son: My Father Will 'Endure The Consequences Of His Actions'

Reuters | Posted 11.12.2012 | Business

* Wasendorf was arrested in July, firm is in bankruptcy * Wasendorf's lawyer asks judge to release him to pastor * Recei...

Peregrine Financial CEO Left Suicide Note 'That Caused Alarm'

AP | DANIEL WAGNER and JIM SUHR | Posted 09.09.2012 | Business

WASHINGTON — Employees of an Iowa-based brokerage firm that has been unable to account for $220 million in customer money found their boss in hi...

Brokerage Founder Attempts Suicide As Firm Loses Customer Funds

Reuters | Posted 09.08.2012 | Business

By Tom Polansek and David Sheppard CHICAGO/NEW YORK, July 9 (Reuters) - More than $200 million in customer funds appears to be missin...

Regulaor: 'Corzine Rule' Will Start 'Restoring Public Confidence'

Reuters | Posted 07.29.2012 | Business

CHICAGO, May 29 (Reuters) - Futures brokers would need to get approval from a top executive before making big withdrawals from customer accounts und...

MF Global Exec: I Plead The Fifth

Posted 03.28.2012 | Business

WASHINGTON — A former MF Global executive has refused to answer lawmakers' questions about $200 million that was transferred out of a customer accou...

After MF Global, Regulator Tells Smaller Firm: 'Don't Screw With Customer Funds'

Reuters | Posted 05.13.2012 | Business

* CFTC says JPMorgan account held unsegregated funds * Tens of millions of dollars commingled--CFTC * MBF says no custom...

Jon Corzine Disputes Notion He Knew About Misused Customer Funds

AP | DANIEL WAGNER and MARCY GORDON | Posted 02.14.2012 | Business

WASHINGTON — Jon Corzine's three days of testimony on MF Global's collapse offered little to satisfy lawmakers or clients who lost millions when...