Reuters
Business
MF Global redux as Iowa broker hid missing millions for years
Tue, Jul 10 18:52 PM EDT

By Ann Saphir and Alexandra Alper

CHICAGO/WASHINGTON (Reuters) - The U.S. futures industry reeled on Tuesday as regulators accused Iowa-based broker PFGBest of misappropriating over $200 million in customer funds for more than two years, a new blow to trader trust just months after MF Global's collapse.


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