Are you a customer of PFGBest? The CCC is working with regulators and monitoring the court on behalf of PFG customers. At this stage, we are advising customers to gather their statements and prepare for a claims or account transfer process.
Stay tuned to our website for more information.
“When you put [money into a customer segregated account], they cannot take it and use it as their own," said John Roe, a commodity trader and spokesman for the Commodity Customer Coalition, a nonprofit formed by commodity brokerages following the MF Global disaster last fall. "That protection held fast for 75 years and in the last nine months it has been challenged twice.”
Full article at the Huffington Post- http://www.huffingtonpost.com/2012/07/17/pfgbest-peregrine-customer-losses_n_1679825.html
Are you a customer of MF Global? The CCC formally represents more than 200 clients in the bankruptcy process of MF Global on a pro bono basis, and informally represents thousands more in the public domain.
Get the latest news on #MFGlboal.