The NY Times reports Jon Corzine pressed regulators in personal meetings over the last year to...

|By:, SA News Editor

The NY Times reports Jon Corzine pressed regulators in personal meetings over the last year to curb their plans to restrict a complicated type of transaction that allows brokerage firms to borrow customer funds for a self-loan or to finance trading. Leading the government's bid to stop the practice: CFTC Chairman Gary GenslerĀ  who worked for Corzine at Goldman Sachs.