A CFTC Regulatory Change Opened the Door For MF Global Bankruptcy - And Worse

``The banks... pushed the CFTC to expand the investment options that would allow firms to practice "internal repo." In this scheme, money is taken from customer accounts and invested short-term in a variety of securities, with the futures brokers reaping the not- insignificant financial rewards from their customers' money. And, lo and behold, such efforts were successful''