The farmers and investors who lost money when MF Global Inc.’s leadership skimmed off client funds to retain market positions are a big step closer to seeing the vast majority of those dollars returned. An MF Global liquidation hearing late last month dictated that 93% of original funds will likely be returned to “U.S. futures and options customers,” according to a report this week from University of Illinois ag economist Paul Peterson. Those who invested in the form of stocks and bonds will recover all their losses, as they were covered by the Securities Investor Protection Corporation (SIPC). More on Agriculture.com here.
