CFTC Completes Client-Funds Rule After MF Collapse

CFTC Completes Client-Funds Rule After MF Collapse Play

Dec. 5 (Bloomberg) -- U.S. derivatives regulators voted today to restrict how brokers can invest customer funds, acting on a delayed rule after as much as $1.2 billion went missing before MF Global Holdings Ltd. sought bankruptcy protection. The Commodity Futures Trading Commission voted 5-0 at a Washington meeting to approve the measure, dubbed by CFTC Commissioner Bart Chilton as the “MF rule.” Megan Hughes reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

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