MF Global Part 2? Another Brokerage Missing Over $200M In Client Funds

Peregrine Financial claimed it was holding $220 million in client funds when it actually had just $5 million, regulators claim. Full Story »

Posted by Jack Powers - via Google News (Business)
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Subjects: Business
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Posted by: Posted by Jack Powers - Jul 10, 2012 - 10:09 PM PDT
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Edited by: Jack Powers - Jul 10, 2012 - 11:04 PM PDT

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Glenn LaBauve
3.8
by Glenn LaBauve - Jul. 11, 2012

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‚Äôs senior leadership, let down by regulators and failed by the ... More »

See Full Review » (11 answers)
Jack Powers
4.0
by Jack Powers - Jul. 10, 2012

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 ... More »

See Full Review » (4 answers)

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