Bloomberg News

MF Global Trustee Plans to Meet With ‘Objectors’ Tomorrow

November 17, 2011

Nov. 16 (Bloomberg) -- The liquidator of broker-dealer MF Global Inc. said he would meet tomorrow with customers who faulted his plan for handling claims, as he was “anxious” to advance the case.

A second distribution of collateral, if approved in court, would give all commodity customers some collateral, trustee James Giddens said today in a statement. Excluding inactive accounts, the brokerage’s “true number” of commodity accounts is about 38,000, he said.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Michael Hytha at mhytha@bloomberg.net


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