Nov 1 2011 | 10:36am ET
MF Global, the former futures brokerage arm of the Man Group, filed for bankruptcy yesterday after it became clear that hundreds of millions of dollars of customer money was missing.
The revelation of the missing money scuttled a proposed deal to sell much of the firm to Interactive Brokers Group, an agreement struck over the weekend. It remains unclear exactly how much money was missing, although most recent figures put it at between $600 million and $700 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…