Home Economics Corzine’s MF Global Fined $1.3B For Misuse Of Funds

Corzine’s MF Global Fined $1.3B For Misuse Of Funds

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Corzine’s MF Global Fined $1.3B For Misuse Of Funds

WASHINGTON (Reuters) — A federal court in New York has ordered MF Global Holdings Ltd to pay $1.2 billion in restitution and a $100 million penalty over charges it misused customers funds and committed related supervisory violations, the U.S. Commodity Futures Trading Commission said on Wednesday. The CFTC said its litigation will continue against former MF…

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