PFG freezes accounts, CEO attempts suicide

Discussion in 'Wall St. News' started by Maverick74, Jul 9, 2012.

  1. Maverick74

    Maverick74

  2. Maverick74

    Maverick74

    Mr. Wasendorf is in critical condition. Accounting irregularities are being cited and the NFA reportedly has frozen customer accounts.
     
  3. emg

    emg

    As the Clearing firms are going down, so does liquidity in the futures market. tsk tsk tsk
     
  4. Makes you wonder about the real story behind his seeming success that was actually a house of cards.
     
  5. Who will be next?
     
  6. Maverick74

    Maverick74


    Who is left?
     
  7. Maverick74

    Maverick74

    PFGBest had $400MM in customer segregated accounts at the end of April.
     
  8. There needs to be an SIPC equivalent for futures accounts.
     
  9. Maverick74

    Maverick74