CME reopens claims process for MF Global customers

(Reuters) – CME Group customers and members who were clients of MF Global are getting another chance to file claims against property of the bankrupt brokerage that was held by the exchange operator. CME, the largest U.S. exchange operator, said in a notice distributed on its Chicago trading floor on Monday that it decided to reopen the claims process “to ensure that all members have an opportunity to file any claims that they may have.”
MF Global collapsed last fall and customer accounts were frozen after former Chief Executive Jon Corzine’s $6.3 billion bet on European sovereign debt worried investors, counterparties and credit rating agencies. More on Reuters here.