Weak governance contributes to MF Global downfall

Comments (0) | 4 Nov 2011 | Rating | Print by Aarti Maharaj

Corporate governance experts round on futures brokerage as it falls into bankruptcy

The collapse of MF Global Holdings, the futures brokerage, has highlighted the lack of transparency and rigid governance standards at the firm.

The SEC has now launched a probe into whether the Wall Street firm made false statements about the $6.3 bn bets that caused the company to file ...

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