Congress Prods N.Y. Fed for More LIBOR Info
The House Financial Services Oversight and Investigations Subcommittee told the New York Fed on Monday that it wants more information about the the handling of banks’ alleged “manipulation and suppression” of LIBOR.
MF Global’s Corzine Tells Congress: I Don’t Know Where the Money Is
The former CEO of now-bankrupt MF Global says he was ‘stunned' to learn about the missing $1.5 billion in client funds at commodities broker-dealer.
Senators Bash CFTC’s Gensler Over MF Global Collapse
Senate lawmakers took Gary Gensler, chairman of the CFTC, to task over failed brokerage firm MF Global and his decision on Nov. 5 to recuse himself from investigating the firm.
At MF Global Hearing, Tough Questions Await CFTC’s Gensler
A House Financial Services panel has scheduled a Dec. 15 hearing to delve into the collapse of brokerage firm MF Global, with Gensler called to address oversight of the failed firm by Dec. 7.