MF Global Missing Funds May Be ‘Massive’ Ploy, Chilton Says

The $593 million shortfall in client money at MF Global Holdings Ltd., the broker that filed for bankruptcy on Oct. 31, appears to result from a “massive hide-and-seek ploy,” Bart Chilton, a commissioner at the U.S. Commodity Futures Trading Commission, said today.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.