Rep Grimm, Congressmen & CCC to Hold Press Conference at 11 AM EST

#PFGBest Customers

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.

May 9, 2012

For Immediate Release
Contact: Carol Danko, 202-225-3371

Rep. Grimm Leads Colleagues in Calling for
an Independent Counsel in MF Global Investigation
Congressmen, MF Global Victims call on AG Eric Holder to appoint outside prosecutor

WASHINGTON, DC – Rep. Michael G. Grimm (R-NY) will be joined by Members of Congress and MF Global victims calling on Attorney General Eric Holder to appoint an independent counsel to investigate MF Global. Many unanswered questions remain regarding what caused the massive shortfall in segregated customer accounts prior to MF Global’s bankruptcy. There are concerns that special treatment was granted to MF Global due to CEO Jon Corzine’s relationships with regulators. In addition, Jon Corzine has recently bundled over $500,000 for President Obama’s re-election campaign. At a time when the administration is under fire for the handling of Operation Fast and Furious, Solyndra, and the GSA scandal, an independent counsel would remove even the perception of political favoritism by bringing in an outside special prosecutor.

WHO: Congressman Michael G. Grimm (R-NY)
Congressman Bill Posey (R-FL)
Congressman James Renacci (R-OH)
Congressman Allen West (R-FL)
Congressman Tim Huelskamp (R-KS)
Congressman Bob Turner (R-NY)
Congressman Mike Kelly (R-PA)
Other Members of Congress
James L. Koutoulas, President,  Commodity Customer Coalition (CCC)
Stanley Haar, Senior Advisor, Commodity Customer Coalition (CCC)
Keith Banta, Commodity Broker
MF Global Victims/ Members of the CCC

WHEN: Today, May 9, 2012
11 am

WHERE: House Triangle
Between U.S. Capitol & Cannon House Office Building

Current cosigners of the letter include Reps. Grimm, Garrett, Posey, Jim Jordan, Sessions, West, Hartzler, Gowdy, Tim Johnson, Huelskamp, Pearce, Fincher, Tipton, Kelly, Bachmann, Roby, Diaz-Balart, Lance, Walsh, Renacci, Turner, Luetkemeyer, Huizenga, Nunnelee

#MFGlobal Customers

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.

About John Roe 91 Articles
Co-Founder of the CCC and head of BTR Trading and Roe Capital Management.

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