FBI interested in regulatory probe of MF Global

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A woman leaves the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan October 29, 2011. REUTERS/Andrew Kelly

A woman leaves the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan October 29, 2011.

Credit: Reuters/Andrew Kelly

Wed Nov 2, 2011 8:15am EDT

(Reuters) - The Federal Bureau of Investigation is interested in the investigation of MF Global Holdings Ltd, a person briefed on the matter said on Tuesday.

The person declined to give details. Regulators said on Monday that the company reported possible "deficiencies" in customer futures segregated accounts.

MF Global, which filed for bankruptcy protection on Monday, is the biggest U.S. casualty of Europe's debt crisis, and the seventh-largest bankruptcy by assets in U.S. history.

The Wall Street Journal reported on Tuesday that the FBI plans to examine MF Global amid concerns about possible shortfalls in client funds at the futures brokerage. The Wall Street Journal cited a person familiar with the matter.

A spokesman for the FBI declined to comment.

(Reporting by Grant McCool and Aruna Viswanatha; Editing by Bernard Orr and Tim Dobbyn)
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Comments (22)
alwayslearning wrote:
Too little, too late.

Nov 02, 2011 3:25am EDT  --  Report as abuse
alwayslearning wrote:
Too little, too late.

Nov 02, 2011 3:25am EDT  --  Report as abuse
alwayslearning wrote:
Too little, too late.

Nov 02, 2011 3:25am EDT  --  Report as abuse
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