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John Lothian Newsletter: MF Global Commodity Customers Must Be Paid First, CFTC Says; SEC Charges Fund Managers and Analysts in Insider Trading Scheme; IMF requests $500bn for bail-out loans John Lothian Newsletter,Newsletter

The CFTC says that MF Global’s trustee has made rookie errors about bankruptcy payouts, and that the ex-brokerage’s customers are first in line for payback.  The SEC continues its insider-trading cleanup program by arresting fund managers and analysts, and leveling new charges in some cases at the firms themselves.  The IMF, looking over the European crisis, asks for more capital in order to weather rough financial seas ahead.