Tuesday, November 1, 2011

FBI, Federal Prosecutors to Join Inquiry into Corzine Firm

The Feds and the FBI are set to join the inquiry into what happened to hundreds of millions of dollars invested with a securities firm headed by former New Jersey Gov. Jon Corzine, officials familiar with the case told NBC New York.

The Justice Department involvement comes as the Securities and Exchange Commission and the Commodities Future Trading Commission have said their own inquiry is underway into the collapse of the brokerage firm, MF Global Holdings Ltd.

The head of the Chicago Mercantile exchange said Tuesday that the firm broke rules requiring it to keep clients' money and company funds in separate accounts...

Find out more at http://www.nbcnewyork.com/news/local/Jon-Corzine-MF-Global-Securities-Investments-Investigation--133029488.html

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