The trustee trying to recover funds for MF Global customers announced that a settlement was reached on Friday. Under the deal an estimated $500 million to $600 million will be returned to the U.S. brokerage estate, which has been giving money back to customers.


Customers who traded on U.S. exchanges have since received roughly 80% of their money back. But customers trading on foreign exchanges have just recovered 5%.

Comments: Be the first to add a comment

add a comment | go to forum thread