HFM Weeek – The collapse of US brokerage firm MF Global, which filed for bankruptcy this week after eurozone debt exposures worth $4bn were revealed, could leave some hedge funds at risk after possible deficiencies in client accounts were exposed.
A joint statement by the SEC and Commodity Futures Trading Commission (CFTC) said the company had “reported possible deficiencies in customer futures segregated accounts held at the firm”.
