The latest on MF Global: The SEC is reviewing trades in the firm's convertible bonds to...

|By:, SA News Editor

The latest on MF Global: The SEC is reviewing trades in the firm's convertible bonds to determine whether some investors sold the debt based on insider information before its demise, Bloomberg reports. Investigators are focusing in part on trades made ahead of announcements that MF’s credit rating had been downgraded. The SEC isn't commenting.