A bankruptcy trustee overseeing the liquidation of MF Global Holdings Ltd.'s brokerage operation plans to file a motion as soon that will likely smooth the way for all remaining money to be returned to the firm's U.S. customers, Dow Jones Daily Bankruptcy Review reported today. Trustee James Giddens plans to ask a judge in the motion for the remaining funds to be returned to U.S. customers who traded on domestic exchanges. An estimated $1.6 billion went missing from MF Global customer accounts in the wake of the firm's collapse in October 2011. Since then, Giddens has returned 98 percent of that money to U.S. customers who dealt on U.S. exchanges.
