Gold Bullion International

Nov 09, 2011

Should CME Group have flagged MF Global shortfall?

More than a week after a trustee was appointed to liquidate broker-dealer MF Global Inc., customers are questioning whether CME Group failed in its role as auditor of the firm. Ken Boyer, who invested money in corn futures contracts using MF Global's trading platform, said he and others were assured by CME Group that funds entrusted to MF Global were safe. "And now that we really need them, where are they? It's unbelievable," Boyer said.

Read More - Chicago Tribune

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