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Nov. 2 (Bloomberg) -- The Commodity Futures Trading Commission supports a request by the trustee liquidating broker- dealer MF Global Inc. to transfer its accounts.
“Liquidation of customer positions in connection with the bankruptcy of large commodity brokers such as MFGI also poses high risk of disruption of markets,” the CFTC said in court papers made public today in Manhattan federal court.
The regulator said the accounts will be liquidated if not transferred.
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