Uploaded by FinancialNewsOnline on Dec 15, 2011
Regulators have reportedly discovered where MF Global's missing funds went, according to Jill Sommers, who's heading the CFTC's review of the company's bankruptcy.
However, before funds can be returned to investors, they must uncover which transactions were legitimate and which weren't.
Sommers, a Republican commissioner, on Wednesday said, "We certainly don't want to lead anyone to believe we don't know what happened. We do know, and we see where all the transactions went".
.
However, before funds can be returned to investors, they must uncover which transactions were legitimate and which weren't.
Sommers, a Republican commissioner, on Wednesday said, "We certainly don't want to lead anyone to believe we don't know what happened. We do know, and we see where all the transactions went".
.
Daily Wall Street Breakfast - Seeking Alpha
seekingalpha.com/news/wall_street_breakfast -
3 hours ago – Authorities find missing MF Global cash. Regulators have discovered where the MF Global (MFGLQ.PK) funds went, Jill Sommers, who's ...
No comments:
Post a Comment