10
November
MF Global Bankruptcy Docket Sheet
Here is a link to the MF Global Bankruptcy Docket Sheet: http://dm.epiq11.com/MFG/docket/Default.aspx?rc=1
Here is a link to the MF Global Bankruptcy Docket Sheet: http://dm.epiq11.com/MFG/docket/Default.aspx?rc=1
For important information relating to customer and creditor information for the MF Global Liquidation, please review this link as often as possible: http://dm.epiq11.com/MFG/Project/default.aspx
Attached is a link to SIPC’s webpage which provide a good overview on the protections afforded by SIPC for customers of failed brokerage houses. http://www.sipc.org/how/brochure.cfm
Please note that customers of a failed brokerage firm get back all securities (such as stocks and bonds) that already are registered in their name or are in the process of being registered. After this first step, the firm’s remaining customer assets are then divided on a pro rata basis with funds shared in proportion to the size of claims. If sufficient funds are not available in the firm’s customer accounts to satisfy claims within these limits, the reserve funds of SIPC are used to supplement the distribution, up to a
MF Global Inc. Forced Into SIPA Liquidation
The Securities Investor Protection Corporation made the following statement on October 31, 2011 regarding MF Global Inc.:
“The Securities Investor Protection Corporation (“SIPC”) which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms, announced yesterday that it is initiating the liquidation of MF Global Inc., under the Securities Investor Protection Act (“SIPA”). SIPC today filed an application with the United States District Court for the Southern District of New York for a declaration that the customers of MF Global