No Missing MF Global Funds In JPMorgan Account: Trustee

Law360, New York (February 16, 2012, 9:52 PM EST) -- MF Global Holdings Ltd.'s Chapter 11 trustee said Thursday that an investigation of transactions in MF Global Finance USA Inc.'s $25 million account at JPMorgan Chase Bank NA showed it did not contain any of the $1.6 billion in missing customer funds.

In a report filed in New York bankruptcy court, Trustee Louis Freeh said the investigation of transactions into and out of the account in October, the month the broker-dealer unraveled in a scandal over missing customer funds, showed that none of the deposits into...
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