Are you getting collapsed brokerage firm PFGBest confused with collapsed brokerage firm MF Global? It's understandable! They're both commodity brokerage firms with a lot of consonants in their names. They both collapsed suddenly, making a bunch of customer money vanish.

But less than nine months ago, PFGBest, a unit of Peregrine Financial of Cedar Falls, Iowa, went out of its way to tell clients it was nothing at all like MF Global.

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