NGFA Leads Effort to Improve Banking Regulations

The transfer relied heavily on CME Group and other derivative clearing organizations for extensive reconciliation data, as well as their cooperation in implementing the distributions. Once completed, more than $4 billion will have been distributed back to these former commodities customers with U.S. futures positions since the trustee was appointed to liquidate MF Global.

Sources: National Grain and Feed Association (NGFA) news release and MF Global Inc. trustee statement