MF Global Inc. Trustee: Deadline for Customer Claim Submission is January 31, 2012
NEW YORK - January 23, 2012 – The Trustee for the liquidation of MF Global Inc. and the Securities Investor Protection Corporation today urged former customers of MF Global Inc. to submit claims forms by the January 31, 2012 deadline. Claims from former commodity futures customers and former securities customers of MF Global Inc. must be received by the Trustee by 11:59 PM on Tuesday, January 31, 2012 in order to receive maximum protection under the law and to be considered for future distributions of assets. ... (more)
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SIPC to Defend Itself Against SEC Lawsuit Over Stanford Antiguan Bank Losses
WASHINGTON, D.C. - December 12, 2011 – The Securities Investor Protection Corporation said today that it will defend itself against a U.S. Securities and Exchange Commission lawsuit over claims of investor losses related to the Stanford Antiguan bank fraud case. "We have great sympathy for the victims of this extraordinary Ponzi scheme that inflicted heartbreaking losses on thousands of people across the world," said Orlan M. Johnson, Chairman of the Securities Investor Protection Corporation. "But, SIPC must adhere to the requirements established by Congress." ... (more)
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75,000 Customer Claim Notices Distributed by MF Global Liquidation Trustee
WASHINGTON, D.C. - December 2, 2011 – Stephen Harbeck, president of the Securities Investor Protection Corporation (SIPC), which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms, and James W. Giddens, the court-appointed trustee for the liquidation of MF Global Inc., issued the following joint statement today. ... (more)
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