{"id":988,"date":"2011-12-10T21:54:37","date_gmt":"2011-12-10T21:54:37","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2011\/12\/12_billion_of_mf_global_incs_c"},"modified":"2022-03-23T13:42:03","modified_gmt":"2022-03-23T18:42:03","slug":"12-billion-of-mf-global-incs-c","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/","title":{"rendered":"$1.2 Billion of MF Global Inc.\u2019s Clients Money Still Missing"},"content":{"rendered":"<p>According to the Commodity Futures Trading Commission, the whereabouts of $1.2M in MF Global Inc. customer funds are still unknown. Lawmakers at a Senate Banking Committee meeting grilled the CFTC officials earlier this week.<\/p>\n<p>Speaking before the panel on Tuesday, CFTC Commissioner Jill Sommers said that the agency still has yet to find all the money. The CFTC began its investigation into MF Global&#8217;s collapse after holding company MF Global Holding filed its Chapter 11 bankruptcy petition on October 31. Sommers reported that there are dozens of CFTC staffers working on finding the missing funds.<\/p>\n<p>Meantime, former MF Global head Jon Corzine has said that he, too, doesn&#8217;t know where the money went. He issued an apology to employees, customers, and investors who have had to deal with the fallout from brokerage firm&#8217;s collapse. Since MF Global announced it was seeking bankruptcy protections, thousands of clients have seen their assets frozen.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/\"  title=\"Continue Reading $1.2 Billion of MF Global Inc.\u2019s Clients Money Still Missing\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to the Commodity Futures Trading Commission, the whereabouts of $1.2M in MF Global Inc. customer funds are still unknown. Lawmakers at a Senate Banking Committee meeting grilled the CFTC officials earlier this week. Speaking before the panel on Tuesday, CFTC Commissioner Jill Sommers said that the agency still has yet to find all the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3752,4009],"tags":[],"class_list":["post-988","post","type-post","status-publish","format-standard","hentry","category-financial-firms","category-mf-global"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>$1.2 Billion of MF Global Inc&#039;s Clients Money Still Missing | Broker Fraud Lawyers<\/title>\n<meta name=\"description\" content=\"According to the Commodity Futures Trading Commission, the whereabouts of $1.2M in MF Global Inc. customer funds are still unknown. Lawmakers at a Senate &#8212; December 10, 2011\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"$1.2 Billion of MF Global Inc&#039;s Clients Money Still Missing | Broker Fraud Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"According to the Commodity Futures Trading Commission, the whereabouts of $1.2M in MF Global Inc. customer funds are still unknown. 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Lawmakers at a Senate &#8212; December 10, 2011","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/","twitter_card":"summary_large_image","twitter_title":"$1.2 Billion of MF Global Inc's Clients Money Still Missing | Broker Fraud Lawyers","twitter_description":"According to the Commodity Futures Trading Commission, the whereabouts of $1.2M in MF Global Inc. customer funds are still unknown. Lawmakers at a Senate &#8212; December 10, 2011","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"$1.2 Billion of MF Global Inc.\u2019s Clients Money Still Missing","datePublished":"2011-12-10T21:54:37+00:00","dateModified":"2022-03-23T18:42:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/"},"wordCount":528,"articleSection":["Financial Firms","MF Global"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/","url":"https:\/\/www.investorlawyers.com\/blog\/12-billion-of-mf-global-incs-c\/","name":"$1.2 Billion of MF Global Inc's Clients Money Still Missing | Broker Fraud Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2011-12-10T21:54:37+00:00","dateModified":"2022-03-23T18:42:03+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"According to the Commodity Futures Trading Commission, the whereabouts of $1.2M in MF Global Inc. customer funds are still unknown. 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