Where The ‘Segregated’ PFG Client Cash Is

See also:

PFG Is Now MFG(lobal) Part 2 As $220 Million In Segregated Client Money Has Just Vaporized

Where The “Segregated” PFG Money Is (ZeroHedge, July 10, 2012):

Or rather isn’t. Just in case there is any confusion this morning as to where the “segregated” client cash may have vaporized to…

From: “Herb Kral” <xxxx@pfgbest.com>
Date: Tue, 22 Nov 2011 10:07:55 -0600
Subject: RE: Follow up

Dear [XXX]

All of our client funds are held at JP Morgan Chase in a segregated account. Jeffries does hold our margin money for positions.


Herb Kral, Director of Automated Trading
311 W. Monroe, Suite 1300
Chicago, IL 60606
312-775-3581 | 312-775-3095 fax

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