Shelby agrees that disclosure in regulation can be improved.
07/13/2009
https://www.congress.gov...
OK. Were there any subsequent large transfers out of MF Global's own accounts to pay counterparties?
That $1.6 billion in customer assets that remain subject to ownership dispute reveals a serious regulatory failure, I believe.
But were you ever concerned that there might be some things wrong at MF Global?
The collapse of MF Global is one of the largest bankruptcies in U.S. history and the greatest consumer protection failure since the enactmen...