NIBA Statement on PFGBest Failure

On Thursday July 12th 2012, Melinda Schramm, Founder and Chairman of the NIBA was iin Washington, DC to discuss with CFTC official issues surrounding the collapse of PFG including orderly liquidation of customer positions. “The NIBA is stunned and outraged by the apparent actions of PFG and its owner. The NIBA supports a thorough investigation...

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