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SIPC trustee appointed for MF Global, Inc.

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • November 4 2011

On October 31, 2011, the Securities Investor Protection Corporation ("SIPC") filed an application with the United States District Court for the Southern District of New York seeking a declaration that the customers of MF Global Inc. ("MFGI") "are in need of the protections available under the Securities Investor Protection Act of 1970" ("SIPA"

MF Global enters insolvency proceedings on both sides of the pond

  • Reed Smith LLP
  • -
  • United Kingdom, USA
  • -
  • November 1 2011

MF Global, one of the world's leading brokerdealer firms entered into insolvency proceedings in both the US and the UK on 31 October 2011