December 24, 2014 BY Andrew Saks-McLeod
CFTC adds $100 million penalty to MF Global's $1.2 billion client restitution settlement
Over three and a half years after the demise of MF Global as a result of improper transfers of client funds, the litigation continues with the CFTC having this week imposed a further $100 million civil monetary penalty over and above the $1.2 billion restitution order applied to the firm in March this year
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