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Re: Regulators know where MF Global funds went

Interesting article. I found it interesting that the article said "Under certain circumstances, brokerages are allowed to take customer funds and invest them in a range of approved securities. However, in exchange for using the cash, firms are required to back it up with high-quality collateral such as U.S. government securities." I myself was not aware of this.

If they find it can they claw some of it back? Who knows. Also if it is over seas in another country what does that entail in clawing it back.

Was watching fox news this morning and they said some more hearings going on again today so we may know more, but they might just go over what was in this article.

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Re: Regulators know where MF Global funds went