Nov 11

MF Global fund frustration grows, CFTC confirms probe

James Koutoulas, chief executive of Typhon Capital Management in Chicago, has gathered a loose coalition of around 1,200 MF Global customers who are also frozen out of their cash. As much as $55 million of his firm’s money is inaccessible. “Being tied up for even an hour is an eternity in these markets. It’s now been more than a week,” said Koutoulas, who is also a securities lawyer.