CFTC-SEC Statement on MF Global (Press Release)

SEC-CFTC Joint Press Release

The SEC and CFTC announced that due to the discovery of possible deficiencies in customer futures segregated accounts, the agencies have determined that a SIPC-led bankruptcy proceeding would be the safest and most prudent course of action to protect customer accounts and assets. SIPC announced today that it is initiating the liquidation of MF Global under the Securities Investor Protection Act (SIPA).

For more information about this document, you may contact one of the following Cadwalader attorneys: Steven D. Lofchie; Athena Eastwood; Robert Zwirb

Cross References: 17 CFR Part 190.