A House Financial Services subcommittee is expected to report the results of a year-long investigation into the collapse of MF Global "in the next few weeks," according to a statement Wednesday. New York-based MF Global filed for bankruptcy last year, leading to $1.6 billion in missing customer funds. "Our investigation is essentially an autopsy of how MF Global came to its ultimate demise and what policy changes need to be made to prevent similar customer losses in the future," said Rep. Randy Neugebauer, Republican from Texas and the chairman of the subcommittee conducting the review. According to a release, the panel has conducted three hearings, more than 50 interviews and reviewed over 240,000 documents in its investigation
Wednesday, October 31, 2012
House panel to release results of MF Global review - MarketWatch
House panel to release results of MF Global review - MarketWatch
A House Financial Services subcommittee is expected to report the results of a year-long investigation into the collapse of MF Global "in the next few weeks," according to a statement Wednesday. New York-based MF Global filed for bankruptcy last year, leading to $1.6 billion in missing customer funds. "Our investigation is essentially an autopsy of how MF Global came to its ultimate demise and what policy changes need to be made to prevent similar customer losses in the future," said Rep. Randy Neugebauer, Republican from Texas and the chairman of the subcommittee conducting the review. According to a release, the panel has conducted three hearings, more than 50 interviews and reviewed over 240,000 documents in its investigation
A House Financial Services subcommittee is expected to report the results of a year-long investigation into the collapse of MF Global "in the next few weeks," according to a statement Wednesday. New York-based MF Global filed for bankruptcy last year, leading to $1.6 billion in missing customer funds. "Our investigation is essentially an autopsy of how MF Global came to its ultimate demise and what policy changes need to be made to prevent similar customer losses in the future," said Rep. Randy Neugebauer, Republican from Texas and the chairman of the subcommittee conducting the review. According to a release, the panel has conducted three hearings, more than 50 interviews and reviewed over 240,000 documents in its investigation
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