The sudden demise of MF Global raises a host of issues for advisers. As of November 1st, regulators plan to transfer customer accounts to another firm, and the SIPC has initiated the liquidation of the firm. Customer accounts are frozen. Press reports indicate that there are as much as $900 million in deficiencies in customer futures segregated accounts, about which regulators were not satisfied with the company’s lack of adequate documentation.
Eccleston Law Stands Ready to Assist Reps Transition From MF Global and Defend Against Regulatory and SIPC Actions and Inquiries
