MF Global Brokerage May Have Moved Customer Funds, Creditors Say

MF Global Brokerage May Have Moved Customer Funds, Creditors Say
MF Global Holdings Ltd. signage is displayed at 60 East 53rd Street in New York, in 2011. Photographer: Stephen Yang/Bloomberg

Creditors of MF Global Holdings Ltd. said in a status update filed yesterday that its failed brokerage unit may have transferred $717 million of customer funds to eight institutions in October, and that a trustee for the brokerage unit isn’t helping with a global analysis of books and records.

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