The sudden demise of MF Global raises a host of issues for advisers. As of November 1st, regulators plan to transfer customer accounts to another firm, and the SIPC has initiated the liquidation of the firm. Customer accounts are frozen. Press reports indicate that there are as much as $900 million in deficiencies in customer futures segregated accounts, about which regulators were not satisfied with the company’s lack of adequate documentation.
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Recent Professional Articles
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Recent Podcasts
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Recent Webinars
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JAMES J. ECCLESTON
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FinancialCounsel.com, hosted by James J. Eccleston, is a companion website to this blog, along with EcclestonLaw.com. It contains complementary material of general interest to investors and financial services professionals. Investors will find material on securities arbitration to recover investment losses; industry and financial markets intelligence; and strategies for estate planning. Professionals have access to material on broker/adviser registration, regulation, compliance and disciplinary proceedings; industry and financial markets intelligence; strategies for estate planning; and broker/adviser employment litigation and injunctions, including defamation and non-competition/solicitation issues.
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- James J. Eccleston of Eccleston Law Offices, P.C., the author of this blog and associated podcasts, provides this material as a public resource for informational purposes only. The information contained within is material of general interest and is not intended as, nor constitutes legal advice or investment advice and its use does not create or constitute a lawyer-client relationship. Always consult an attorney and/or investment adviser when building and protecting your wealth. You can only retain an attorney by entering into a formal fee agreement by signing an engagement letter. While we believe the content on this site to be accurate, we cannot make that guarantee and no one should act or rely on any information without first seeking professional legal counsel. We invite you to contact us at 312.332.0000 for more information.
