MF Global Holdings, Ltd. (fka MFGLQ)

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BREAKING: Corzine To Pay CFTC $5M Over MF Global Meltdown
By Carmen Germaine
Law360, New York (January 5, 2017, 1:06 PM EST) -- Former MF Global CEO Jon Corzine and assistant treasurer Edith O’Brien have agreed to pay $5 million and $500,000, respectively, to the U.S. Commodity Futures Trading Commission to settle charges over their roles in the firm’s 2011 collapse, the CFTC announced Thursday.

Corzine and O’Brien both inked consent agreements filed Thursday in New York federal court, agreeing to pay civil penalties without admitting or denying the CFTC’s allegations that they failed to properly supervise MF Global as the firm experienced a worsening liquidity crisis, leading to... http://www.law360.com/securities/articles/877880/breaking-corzine-to-pay-cftc-5m-over-mf-global-meltdown?nl_pk=f7c9c25e-9d09-43c5-bde1-0ab35d570a87&utm_source=newsletter&utm_medium=email&utm_campaign=securities