Skip to main content

Expedited Motion of James W. Giddens, Trustee for the Liquidation of MF Global Inc.

The trustee in the MF Global, Inc. insolvency is seeking authority to return a 60% distribution to former MF Global customers that had only cash in their accounts as of the commencement of the bankruptcy proceeding on Oct. 31, 2011. Such "Cash-Only Customers" represent approximately 21,000 customers with a total of over $869 million in cash.

Cross References: CEA Section 4d; CFTC Rule 190.06(e)(iv)

Tags