James Koutoulas, co-founder of the Commodity Customer Coalition (CCC), says, “While MF Global was one of the most catastrophic events in the history of the futures industry, I'm elated that after two-and-a-half years customers are finally going to be made whole.”
The CCC was founded by Koutoulas and John Roe principal of BTR Trading (both customers of MF Global) shortly after MF Global declared bankruptcy when it became apparent that there was a lack of urgency in the way the SIPC trustee, who was largely unfamiliar with Futures industry regulation, approached the task of getting former MF Global customers their money back. pola gates of olympus maxwin
Are you a customer of PFGBest? The CCC is working with regulators and monitoring the court on behalf of PFG customers. At this stage, we are advising customers to gather their statements and prepare for a claims or account transfer process.
Representatives for CTAs and CPOs to the NFA Board of Directors will host a virtual Town Hall meeting to discuss the recently proposed CTA/CPO capital requirements, potential alternatives to the proposed policy and changes regarding inactive CTA/CPO Members. All interested parties are encouraged to participate. You may join the meeting by watching the YouTube broadcast on this page and dialing in via the conference call information below.