Instant Cash for MF Global Claims Is Proving Hard to Get

Some customers of failed MF Global Holdings Inc. are facing a new woe: An avenue that held out hope of a quick recovery has some potholes. Since the financial firm collapsed last year, most customers of the brokerage have received a chunk of their money—about 72% of the total missing—and have been awaiting word on the rest. For those seeking to put the debacle behind them quickly, one possibility has been to sell the right to their remaining recoveries to traders in exchange for a portion of their claim. More in the Wall Street Journal here.