Futures Industry Looks to Insurance After MF Global Collapse

By and | December 10, 2012

  • December 10, 2012 at 1:53 pm
    Dave says:
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    The way I see it there are two ways that individual investors can lose money from dabbling in the futures market. Number one is by making bad bets in the futures market (either self-directed or on the advice of their broker). The other being the possible missappropriation of funds as occured with former Democratic Governor and all around scumbag David Corzine. Either occurrence not considered to be generally insurable. I look forward to see how the industry tries to set up this Commodity Insurance Corp.
    which it appears to try to insure against bad investing or criminal activity, neither of which seems to be a sound move.



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