Peregrine Financial claimed it was holding $220 million in client funds when it actually had just $5 million, regulators claim.
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I have little sympathy for any derivative trader, since they were at the base of the economic collapse under Bush.
In a public letter, Attain Capital, which also had money with MF Global, says it was misled by Peregrine’s senior leadership, let down by regulators and failed by the ...
Regulators are going after a Chicago-based a futures brokerage saying it engaged in fraud, misused client money, violated customer fund segregation law and made false ...