Law360, Chicago (May 31, 2012, 8:00 PM ET) -- The U.S. Commodities Futures Trading Commission asked an Illinois federal court Thursday to reconsider its decision to dismiss claims that Sentinel Management Group Inc. illegally commingled customer and company funds.
The CFTC contends that U.S. District Court Judge Charles Kocoras committed an error when he determined that Sentinel had not illegally used investor assets as collateral against a loan with the Bank of New York, according to its motion for reconsideration.
The commission brought suit against Sentinel in April 2008, shortly after the asset manager filed...
CFTC Wants Sentinel Commingling Funds Case Reopened
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