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MF Global Claims Update

January 3rd, 2012

Written By: Sean McGillivray

2011 was a very tough year on all of us. Even without the disaster of MF Global, markets were erratic and irrational. Passive and active investments suffered from volatility. Nothing provided a safe haven, as zero interest rate policy flooded the global markets with liquidity in the face of rapidly deteriorating economic fundamentals.

I believe 2012 will finally bring a change in the investment backdrop. Volatility will fade and longer term trends will begin to emerge. This will potentially give traders the market conditions needed to profit from macro events.

The next 30 days will be a flurry of activity for all former MF Global customers. First and foremost is EVERYONE must file a claim. Take comfort in the fact that the Trustee knows this is a difficult process and there is a good chance you will not complete the forms correctly the first time through. His office has stated that an incorrect form does not disqualify your claim. It WILL NOT be rejected, it just must be filed!

To that end I was trying to create some type of reference template last week. I must say that because of the many variables the end product was more confusing than the original claims form. I have abandoned this effort and have over the last few days been creating a video “how to.” I hope to have this rough video (keep in mind I am a commodities trader and no Spielberg) posted tomorrow night.

My hope is this video will help you complete 99% of the claims form. If we can get everyone filed by next Friday, January 13th I will believe we will be on our way to getting ALL your money back.

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  • MF Global Claims How To Video Thursday, January 5th, 2012

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RT : RT About time: MF GLOBAL EXECUTIVES SUED FOR FAILING TO SEGREGATE FUNDS
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