Showing posts with label PFG. Show all posts
Showing posts with label PFG. Show all posts

Monday, July 23, 2012

Desperate CME Tries To Regain Client Confidence In MFG, PFG Aftermath; Sends Letters To Customers

In other words, blah blah blah...

CME:
Congress, federal regulators, industry regulators, industry groups and CME are all working towards the same goal: to ensure that market users have confidence in all aspects of the industry, and that the appropriate protections are in place at every point in the system. Every link in the chain has to be as strong as the next. The businesses and individuals who rely on the futures markets to manage their risk rely on all of us to collectively manage their trust.
http://www.zerohedge.com/news/desperate-cme-tries-regain-client-confidence-mfg-pfg-aftermath-sends-out-letters-customers

Tuesday, July 10, 2012

Is 'Inept' CFTC "The Get-Away Driver" For PFG?


http://bloom.bg/NegIDA

PFG's Chairman Was Forging Bank Documents For Years Even As The CFTC Gave An "All Clear"

http://www.zerohedge.com/news/pfgs-chairman-was-forging-bank-documents-years-even-cftc-gave-all-clear

PFG Is Now MFG(lobal) Part 2 As $220 Million In Segregated Client Money Has Just Vaporized

That these financial scandals and outright fraud continue to happen again and again--despite government regulators' assurances they won't happen again should tell us the system is broken--and there is no fix on the horizon.  Yet, the distracted masses continue along, unable and unwilling to think beyond tomorrow's episodes of reality TV.

http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized