Jon Corzine and MF Global

Company: MF Global

Fine: $5 million

Date: January 5, 2017

Federal Court in New York ordered Jon S. Corzine to pay $5 million penalty for his role in MF Global’s unlawful use of nearly $1 billion of customer funds and prohibited Corzine from registering with the CFTC in any capacity or associating with an FCM. Edith O’Brien, the former Assistant Treasurer of MF Global, was fined $500,000 and banned 18 months for aiding and abetting MF Global’s violations.  

Parties:

  • Jon Corzine
  • Edith O'Brien
  • MF Global

Details

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