Testimony before the United States Senate Committee on Agriculture, Nutrition and Forestry, Washington, DC (Testimony)

Testimony by Commissioner Sommers

CFTC Commissioner Sommers reviews the MF Global Bankruptcy, the legal and regulatory issues surrounding commodity broker insolvency and FCM investment of customer funds, and the CFTC's efforts to locate missing customer funds.

Cross References: CEA Section 4d; CFTC Rules Part 190; Lofchie's Guide to CPO/CTA Regulation: Chapter 12, Insolvency.