Chairman Frank Lucas today released the following statement on Scott O'Malia's last day as Commissioner of the Commodity Futures Trading Commission (CFTC). Last month, O’Malia announced he would resign to pursue other opportunities.
Chairman Lucas Questioning Former MF Global CEO Jon Corzine
December 8, 2011 - The House Agriculture Committee held a public hearing to examine the MF Global bankruptcy and reports that as much as $1.2 billion in customer funds have gone missing. The disappearance of customer funds from MF Global has badly shaken the trust that farmers, ranchers, and businesses across America place in futures trading. Chairman Frank Lucas questions MF Global’s former CEO, Jon Corzine about the events leading up to the bankruptcy and the whereabouts of customer funds.