CFTC Commissioner Blasts MF Global Repayment Plan
Scott D. O'Malia, a Republican CFTC commissioner, said the lengthy delay in returning customer funds, plus MF Global's egregious misplacement of some $600 million in client cash, eroded confidence in the futures market. So it is necessary for his agency to act now to make customers whole, according to O'Malia.
"The inability of...
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