CFTC sues Corzine, O'Brien for misconduct related to MF Global collapse

The Commodity Futures Trading Commission has sued Jon Corzine, chairman and CEO of MF Global, and Edith O'Brien, the company's assistant treasurer, accusing them of a long list of illegal acts related to the company's collapse. The commission filed a separate enforcement action against MF Global and its parent company. MF Global has agreed to settle the civil charges against it by repaying the $1 billion lost by its commodities customers and paying $100 million in penalties, the commission said.

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