Wealth Manager: MF Global Owes It Commissions For Futures Trading Activities

NEW YORK – A creditor in the Chapter 11 proceeding of MF Global Holdings Ltd. on Jan. 17 filed its brief contending that it is owed futures commissions and that the trustee should administer the bankruptcy estate properly, rather than trying to argue that MF Global was not a commodities broker (In Re: MF Global Holdings Ltd., No. 11-15059, Chapter 11, S.D. N.Y. Bkcy.).

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