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Just in time for the holidays, the regulator scores $1.2 billion in restitution for affected clients and a $100 million penalty from the bankruptcy fiasco of M.F. Global.
On Christmas Eve, the CFTC is bringing good tidings to those clients left in the lurch by the bankruptcy of MF Global Holdings Ltd. (MFGH). The regulator via the federal court in New York is ordering MFGH to pay $1.212 billion in restitution for the unlawful use of customer funds and to pay a $100...
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