Senate Hearing Set: CCC to Testify Alongside CME’s Duffy and NFA’s Roth

#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.

Senate Ag Committee Chairwoman Stabenow (D-MI) & Ranking Member Roberts (R-KS)

Senate Ag Committee Chairwoman Stabenow (D-MI) & Ranking Member Roberts (R-KS)

From the website of the Senate Committee on Agriculture, Nutrition and Forestry:


Examining the Futures Markets: Responding to the Failures of MF Global and Peregrine Financial Group

Date:  Wednesday, August 1, 2012
Time: 09:00 AM
Location:  328A Senate Russell Office Building


The Committee will conduct a hearing to continue its ongoing examination into the collapse of financial firm MF Global as well as the recent collapse of Peregrine Financial Group, and how customer protections can be strengthened to prevent future misuse of customer funds in the futures markets. Witnesses include: Hon. Gary Gensler, Chairman of the Commodity Futures Trading Commission; Hon. Jill Sommers, Member of the Commodity Futures Trading Commission; Mr. James Giddens, Trustee for the liquidation of MF Global, Inc.; and Mr. Ira Bodenstein, the bankruptcy trustee for Peregrine Financial Group, Inc.

Witnesses

Panel 1

Hon. Gary Gensler
Chairman
Commodity Futures Trading Commission
Washington , DC

Hon. Jill Sommers
Commissioner
Commodity Futures Trading Commission
Washington , DC

Mr. James Giddens
Trustee for Securities Investment Protection Act Liquidation of MF Global, Inc.
Hughes Hubbard & Reed
New York , NY

Mr. Ira Bodenstein
Chapter 7 Trustee for Peregrine Financial Group, Inc.
Shaw Gussis
Chicago , IL

Panel II

Hon. Walt Lukken
President and Chief Executive Officer
Futures Industry Association
Washington , DC

Mr. Terrence Duffy
President and Executive Chairman
CME Group
Chicago , IL

Mr. Dan Roth
President and Chief Executive Officer
National Futures Association
Chicago , IL

Ms. Diana Klemme
Vice President and Director-Grain Division
Grain Service Corporation on behalf of the National Grand and Feed Association
Atlanta , GA

Mr. John Roe
Co-Founder
Commodity Customer Coalition
Chicago , IL

#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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