Saturday, 14 January 2012

CFTC votes rule 4-1, complete separation for MF Global

January 12, 2012, 5: 09 pm EST

By Silla brush

(Updates with description of the rule in the third paragraph).

January 11 (Bloomberg) - contracts of the guaranteed goods of U.S. trading Commission Dodd-Frank completed to protect the trader swap Regulations Act used by firms to reduce the risk.

Reduces the CFTC Commissioners today voted the 4-1 Global Holdings Ltd. to complete the emergency rule after missing earns less than 1.2 billion in deposits of the customer, as MF last year. The securities and Exchange Commission, the Justice Department and the directors of the insolvency of the CFTC, examine ways to broker New York reported abused 31 Oct bankruptcy protection.

The rule today to guarantee client to isolate, if their default broker at the same time that the client will be delivered resources before the bankruptcy, according to a summary of the CFTC.

Moore LP, Paulson & co capital management. Inc., fidelity investments, Tudor Investment Corp. and och-Ziff Capital Management Group LLC TCRC, more stringent than request the now completed. The CFTC said investors separate accounts with banks of third party, so that the funds are grouped in a reserved pool way to, securities, investment firms.

-Editor in Chief: Gregory Mott, Lawrence Roberts

The reporter in this history contact: Silla brush in Washington sbrush@bloomberg.net

The editor for this contact history: Lawrence Roberts in lroberts13@bloomberg.net

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