The AP reports MF Global (MF) has admitted to regulators that it used client money to shore up...

|By:, SA News Editor

The AP reports MF Global (MF) has admitted to regulators that it used client money to shore up trading positions as things turned south. "While we are unable to determine the precise scope of the firm's violation at this time, we are investigating the circumstances of the firm's failure," says Craig Donohue, CEO of CME Group. (previous)