Discussion in 'Wall St. News' started by Maverick74, Jul 9, 2012.
Mr. Wasendorf is in critical condition. Accounting irregularities are being cited and the NFA reportedly has frozen customer accounts.
As the Clearing firms are going down, so does liquidity in the futures market. tsk tsk tsk
Makes you wonder about the real story behind his seeming success that was actually a house of cards.
Who will be next?
Who is left?
PFGBest had $400MM in customer segregated accounts at the end of April.
There needs to be an SIPC equivalent for futures accounts.
Separate names with a comma.