Chilton wants CFTCs own attorney on MF Global


Chilton wants CFTCs own attorney on MF Global

The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New YorkWASHINGTON (Reuters) - A U.S. futures regulator said he was keen to see his agency hire its own attorney in Britain to help recover customer funds lost during MF Global's chaotic final days. Bart Chilton, a member of the U.S. Commodity Futures Trading Commission, told Reuters he wondered whether attorneys hired in Britain, by a trustee liquidating the failed commodities brokerage, would effectively represent futures customers. "I believe we need to have our own counsel in the UK," Chilton said. ...



//news.yahoo.com/chilton-calls-cftcs-own-attorney-mf-global-171708531--sector.html


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