New York Times “It’s been a two-and-a-half-year roller coaster ride for 38,000 customers,” said James L. Koutoulas, a Chicago hedge fund manager and lawyer who became a voice for MF Global customers whose money disappeared. “But it’s a great feeling that they have been made whole – at last.”
Apr
03
Nov
27
Forbes But Koutoulas is incensed by a CFTC proposal to beef up customer protection by requiring those who trade on margin to post 20% of their positions, up from 10% now. The rule’s intent is to protect customers from the risk that other customers won’t make good on their margin... read more →
Oct
31
Two years ago MF Global blew up taking down $1.6 billion of customer money. In this “Santelli Exchange Extra,” CNBC’s Rick Santelli talks with James Koutoulas, the man who successfully led the battle to reclaim those lost funds.
Oct
02
The Wall Street Journal "It's horrible the customers had to endure being deprived of their property," said James Koutoulas, president of Commodity Customer Coalition, a group representing customers of commodities brokers. "But it's great…to put it behind them."
Jun
05
Reuters James Koutoulas, a lawyer and money manager, who co-founded the Commodity Customer Coalition to advocate for former MF Global and Peregrine customers offered cautious optimism on the CFTC suit on Wednesday. "It's really the first ray of hope that we've seen for a while, and it's a good one,"... read more →
May
03
Chicago Tribune A U.S. congressman is pressing for the appointment of an independent counsel to take over a federal criminal probe into the collapse of the MF Global Holdings Ltd brokerage firm. Michael Grimm, a first-term Republican congressman from New York City and member of the House Financial Services Committee,... read more →
Apr
23
Video on ChicagoBusiness.com Commodity trading advisers James Koutoulas and John Roe, who manage client money invested in the futures market, were among the investors and traders who lost personal and customer funds in the meltdowns of MF Global Inc. and Peregrine Financial Group Inc. After the MF Global collapse, they... read more →
Apr
04
The Wall Street Journal James Koutoulas advocate for commodity customers- Chicago Tribune "This makes it 3-for-3 for official reports that blame [Mr. Corzine] for the collapse," said James Koutoulas, a commodities investor and lawyer representing some of the firm's former customers.
Mar
21
The Epoch Times The trustee of bankrupt MF Global Inc. settled a dispute with J.P. Morgan March 19 that will see $546 million returned to customers. Some experts think the settlement helps to return client funds quickly while others think J.P. Morgan got off too easy.
Mar
18
Chicago Tribune Koutoulas quickly rallied thousands of customers using social media. It was a voice filled with idealism that the people who harmed investors would be held accountable. On CNBC appearances, Koutoulas said things that many were afraid to say publicly. He called Corzine a criminal, suggested that the head... read more →