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<p>[QUOTE=&quot;Cloudsweeper99, post: 1582451, member: 3011&quot;]MF Global is more important than it would seem from the level of coverage in the news.&nbsp; If the situation stands as is, it will overturn the long-standing laws that put holders of segregated accounts before creditors in a bankruptcy proceeding.&nbsp; The regulators know where the customer money went in the final days, and so far no effort has been made to recover it.&nbsp; </p><p><br /></p><p>When the next company experiences an &quot;MF Global event,&quot; and the court follows this precident of paying creditors with funds in segregated accounts, it will almost force all shareholders to go back to taking possession of stock certificates.&nbsp; It will be a panic once theft becomes established law, and may even end individual participation in the market.[/QUOTE]</p><p><br /></p>

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