The vice chairman of CME Group Inc. is suing former MF Global Holdings Ltd. Chief Executive Jon Corzine, adding to the tension between the world's largest futures exchange and what was formerly one of its largest customers according to the Wall St Journal.
Mr. Corzine is among the former MF Global executives named in a suit filed by CME Vice Chairman Charles Carey and fellow CME director Joseph Niciforo, along with several other Chicago-area traders, alleging that the failed company improperly handled accounts of those traders and Mr. Carey's and Mr. Niciforo's trading firm, which is independent of CME.
The suit was filed in U.S. court ...
Read more at http://online.wsj.com/article/SB10001424052970204026804577100680967560376.html
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