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Ex-MF Global CEO Jon Corzine Settles Securities Fraud Case Brought by the CFTC for $5M

Jon S. Corzine, the former head of MF Global Inc. has arrived at a securities settlement with the US Commodity Futures Trading Commission in which he will pay a $5M penalty for his involvement in the firm’s illegal use of nearly $1B in customer money and for not properly supervising…

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