On November 17, 2011, the U.S. Bankruptcy Court approved a petition by the SIPC Trustee to initiate an additional distribution of MF Global Inc. customer segregated funds. This distribution is limited to those accounts which held no futures or options positions as of October 31, 2011, or “cash only” accounts, and is estimated to return $520 million or 60 percent of the overall cash-only account balances of MF Global customers. The court order, which can be treated by eligible customers as final, can be viewed using the following link:
http://dm.epiq11.com/MFG/document/GetDocument.aspx?DocumentId=1451087
11-427
For the full text of the advisory, click here