Trustee Press Release Regarding Judge’s Approval of Third Transfer and Securities Accounts Sale (Press Release)

MF Global Trustee's Press Release

The Trustee for the liquidation of MF Global Inc., announced that U.S. Bankruptcy Judge Martin Glenn today approved the Trustee's request for approval of a bulk transfer and distribution to former MF Global Inc. retail commodities customers with US futures positions, which should result in those account holders receiving approximately 72% of their property."

Cross References: CEA Section 4d; CFTC Rules 30.7 Part 190; Lofchie's Guide to CPO/CTA Regulation: Chapter 12, Insolvency.

Tags