MF Global Trustee to Return $685 Million to Customers
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The MF Global Inc. brokerage trustee is seeking to distribute another $685 million to customers, giving some of them a return of about 80 percent.
Commodity customers who traded futures on foreign exchanges will get their first payments of about $50 million, while about $600 million will go to customers who traded on U.S. exchanges, trustee James Giddens said today in a statement. Holders of physical assets such as precious metals are in line to get about $35 million.