CFTC Lobs Creditor Claim At MF Global Amid Investigation

Law360, New York (June 1, 2012, 6:17 PM EDT) -- The U.S. Commodity Futures Trading Commission on Friday filed a general creditor claim in the liquidation of MF Global Inc., as its enforcement arm investigates possible wrongdoing at the company.

If its investigation results in an enforcement action against commodities broker MF Global, the CTFC could pursue a restitution award for the benefit of commodity customers, which in turn could be the basis for a commission claim as a general creditor against the MF Global estate, the CTFC said. It did not specify an amount for...
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