CFTC sues Corzine and O'Brien over MF Global's demise

06/27/2013 | Reuters · Hill, The · CNNMoney · Politico (Washington, D.C.)

The Commodity Futures Trading Commission has filed civil action against MF Global Holdings and former CEO Jon Corzine, a former senator and governor of New Jersey, saying he illegally used about $1 billion belonging to customers. The CFTC also has sued MF Global's former assistant treasurer, Edith O'Brien. One possible outcome is that Corzine and O'Brien will be banned from the financial industry.

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Reuters · Hill, The · CNNMoney · Politico (Washington, D.C.)

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