- MF Global to pay $1.21 billion restitution Updated: Nov-18-13 1:37 pm
- Correction: Obama-CFTC story Updated: Nov-14-13 4:35 pm
WASHINGTON - MF Global Inc. must pay back $1.21 billion to ensure customers recover their losses sustained when the brokerage firm failed in 2011.
WASHINGTON - In a story Nov. 12 about President Barack Obama's nomination of Tim Massad as chairman of the Commodity Futures Trading Commission, The Associated Press reported erroneously that the Senate Banking Committee must approve Massad's nomination. It is the Senate Agriculture Committee that must approve it.