Peregrine’s Fraud Undetected in Two Reviews

Peregrine’s Fraud Undetected in Two Reviews Play

July 17 (Bloomberg) -- The U.S. Commodity Futures Trading Commission reviewed operations at Peregrine Financial Group Inc. at least twice since 2006 without detecting the fraud that led to the collapse of the futures broker and a $200 million shortfall in client funds. Megan Hughes reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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