Hearings
Print

The Collapse of MF Global: Lessons Learned and Policy Implications

Tuesday, April 24, 2012
10:00 AM - 12:00 PM
538 Dirksen Senate Office Building

[view archive webcast]

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS

will meet in OPEN SESSION to conduct a hearing entitled “The Collapse of MF Global: Lessons Learned and Policy Implications.” The witnesses will be: Mr. James W. Giddens, Trustee, Securities Investment Protection Act Liquidation of MF Global Inc.; The Honorable Louis Freeh, Trustee, MF Global Holdings; The Honorable Jill Sommers, Commissioner, U.S. Commodity Futures Trading Commission; Mr. Robert Cook, Director, Division of Trading and Markets, U.S. Securities and Exchange Commission; Mr. Richard Ketchum, President, Chairman & CEO, Financial Industry Regulatory Authority; and Mr. Terrence A. Duffy, Executive Chairman, Chicago Mercantile Exchange.

Majority Statements

Witnesses

Panel 1

  • Mr. James W. Giddens [view testimony]
    Trustee
    Securities Investment Protection Act Liquidation of MF Global Inc.
  • The Honorable Louis Freeh [view testimony]
    Trustee
    MF Global Holdings
  • The Honorable Jill Sommers [view testimony]
    Commissioner
    U.S. Commodity Futures Trading Commission
  • Mr. Robert Cook [view testimony]
    Director, Division of Trading and Markets
    U.S. Securities and Exchange Commission
  • Mr. Richard Ketchum [view testimony]
    President, Chairman, & CEO
    Financial Industry Regulatory Authority
  • Mr. Terrence A. Duffy [view testimony]
    Executive Chairman
    Chicago Mercantile Exchange

2012 Hearings

2012

December 20th Recovering from Superstorm Sandy: Rebuilding Our Infrastructure
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11:00 AM - 1:00 PM
December 19th Making Sense of Consumer Credit Reports
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
December 18th Computerized Trading Venues: What Should the Rules of the Road Be?
538 Dirksen Senate Office Building
9:30 AM - 11:30 AM
December 11th Streamlining and Strengthening HUD’s Rental Housing Assistance Programs, Part II
538 Dirksen Senate Office Building
10:30 AM - 12:30 PM
December 6th Oversight of FHA: Examining HUD’s Response to Fiscal Challenges
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
November 14th Oversight of Basel III: Impact of Proposed Capital Rules
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
October 26th Improving Transportation Options in Rural States and Tribal Areas Under MAP-21.
1211 West Avenue North, Sioux Falls, SD
1:00 PM - 3:00 PM
September 20th Computerized Trading: What Should the Rules of the Road Be?
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
September 13th Holding the CFPB Accountable: Review of Semi-annual Report to Congress
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
August 2nd The Tri-Party Repo Market: Remaining Challenges
538 Dirksen Senate Office Building
9:00 AM - 11:00 AM
August 1st Streamlining and Strengthening HUD’s Rental Housing Assistance Programs
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
July 26th The Financial Stability Oversight Council Annual Report to Congress
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
July 24th Private Student Loans: Providing Flexibility and Opportunity to Borrowers?
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
July 24th Housing Partnerships in Indian Country
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
July 17th The Semiannual Monetary Policy Report to the Congress
SD-G50 Dirksen Senate Office Building, room SD-G50
10:00 AM - 1:00 PM
July 10th Developing the Framework for Safe and Efficient Mobile Payments, Part 2
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
June 26th Empowering and Protecting Servicemembers, Veterans and their Families in the Consumer Financial Marketplace: A Status Update
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
June 21st Perspectives on Money Market Mutual Fund Reforms
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
June 20th Examining the IPO Process: Is It Working for Ordinary Investors?
538 Dirksen Senate Office Building
9:30 AM - 11:30 AM
June 13th A Breakdown in Risk Management: What Went Wrong at JPMorgan Chase?
SD-G50 Dirksen Senate Office Building, room SD-G50
10:00 AM - 12:00 PM
June 6th Implementing Wall Street Reform: Enhancing Bank Supervision and Reducing Systemic Risk
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
May 24th The Responsible Homeowner Refinancing Act of 2012
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
May 23rd Reviewing the U.S. – China Strategic and Economic Dialogue
538 Dirksen Senate Office Building
2:00 PM - 4:00 PM
May 22nd Implementing Derivatives Reform: Reducing Systemic Risk and Improving Market Oversight
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
May 9th Is Simpler Better? Limiting Federal Support for Financial Institutions
538 Dirksen Senate Office Building
2:00 PM - 4:00 PM
May 9th The National Flood Insurance Program: The Need for Long-Term Reauthorization and Reform
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
May 8th Expanding Refinancing Opportunities to Improve the Housing Market
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
April 26th Legislative Proposals in the United States Department of Housing and Urban Development’s FY 2013 Budget
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
April 25th Helping Responsible Homeowners Save Money Through Refinancing
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
April 24th The Collapse of MF Global: Lessons Learned and Policy Implications
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
April 17th Export-Import Bank Reauthorization: Saving American Jobs and Supporting American Exporters
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 29th Executive Session followed by Developing the Framework for Safe and Efficient Mobile Payments
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 28th Retirement (In)security: Examining the Retirement Savings Deficit
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
March 27th The Choice Neighborhoods Initiative: A New Community Development Model
538 Dirksen Senate Office Building
10:30 AM - 12:30 PM
March 22nd International Harmonization of Wall Street Reform: Orderly Liquidation, Derivatives, and the Volcker Rule
538 Dirksen Senate Office Building
9:45 AM - 12:00 PM
March 20th Nominations Hearing
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 15th Strengthening the Housing Market and Minimizing Losses to Taxpayers
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
March 14th Examining Issues in the Prepaid Card Market
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
March 8th Addressing the Housing Crisis in Indian Country: Leveraging Resources and Coordinating Efforts
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 6th Spurring Job Growth Through Capital Formation While Protecting Investors, Part II
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 1st The Semiannual Monetary Policy Report to the Congress
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 28th State of the Housing Market: Removing Barriers to Economic Recovery, Part II
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 16th Examining the European Debt Crisis and its Implications
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 15th Pay for Performance: Incentive Compensation at Large Financial Institutions
538 Dirksen Senate Office Building
2:00 PM - 4:30 PM
February 10th Saving Our Neighborhoods From Foreclosures
Black United Fund Health and Human Services 403 West 7th Street, Plainfield, New Jersey
11:00 AM - 1:00 PM
February 9th State of the Housing Market: Removing Barriers to Economic Recovery
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 2nd Executive Session
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
January 31st Holding the CFPB Accountable: Review of First Semi-annual Report
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM