More than $200 million in customer money is allegedly missing from the accounts of one of the largest, non-clearing, US futures commission merchants, PFG Best, according to regulators. Customers have been told their money is frozen. Does this sound oddly familiar? We hear from two clients, Christopher Olson and Mohamed Hawary.
MF Global went bankrupt less than a year ago taking $1.6 billion in customer money with it. We talk to a man fighting for MF Global customers about why he is having deja vu in the wake of this PFG news. John Roe, co-founder of the Commodity Customer Coalition, joins us.