mf global - creditors, page-35

Dorc

Comment from Reuters - perhaps we should all send it to the Minister and Chairperson of ASIC

SYDNEY, Nov 3 (Thomson Reuters Accelus) - The failure of MF Global has highlighted loopholes in the Australian regulatory system which allowed the firm to use client money to hedge its own positions with full consent from the Australian Securities and Investments Commission (ASIC).

http://www.reuters.com/article/2011/11/03/mfglobal-australia-regulation-idUSL4E7M30Q620111103