Editorial: MF Global's failure is also CFTC failure

11/1/2011 | Wall Street Journal, The

The Commodity Futures Trading Commission did not see problems that led to MF Global Holdings' bankruptcy filing. CME Group said MF Global violated rules that require it to segregate client funds. Questions have arisen about the possibility of missing client funds. "If reports of missing funds are true, it's a significant embarrassment for the firm's regulators at the Commodity Futures Trading Commission," according to this editorial.

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Wall Street Journal, The

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