January 05, 2017 BY LeapRate Staff
Jon Corzine fined $5 million for MF Global role, banned for life from FCMs
The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has obtained a federal court Consent Order against Jon Corzine, former CEO of MF Global, requiring him to pay a $5 million civil monetary penalty for his role in MF Global’s unlawful use of customer funds totaling nearly one billion dollars, and for his…
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