How Financial Reform Destroyed MF Global

Skip navigation #headerOverlay{ color: #ccd6df; font-size:11px; line-height:130%; } #headerOverlay strong{ color: #ffd226; } #headerOverlay a {color:#ccd6df;text-decoration:none;} #headerOverlay a:hover {color:#ffd226;} #headerOverlay a:visited {color:#ccd6df;} #headerOverlay a:visited:hover {color:#ffd226;} Symbol Lookup onloadAutoSuggest(); var pgValue = "CNBSEB"; var cmsKeyWord = "alternative investing"; var cmsNewPG = "CNBWAB"; if ((cmsKeyWord.length > 0) && (cmsNewPG.length > 0)) { var newPG = cmsNewPG.split(';'); var group = cmsKeyWord.split(';'); if (newPG.length == group.length) { var description = cnbc_pagedesc.toLowerCase(); for(var x = 0; x < group.length; x++) { var keyWord = group[x].split('|'); for (var j = 0; j < keyWord.length; j++) { if (description.indexOf(keyWord[j].toLowerCase()) != -1) { pgValue = newPG[x]; j = keyWord.length; x = group.length; }}}}} if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(88,31,pgValue); } else { dapMgr.enableACB("SearchBox88x31",false); dapMgr.renderAd("SearchBox88x31","&PG=" + pgValue + "&AP=1071&PN=CNBC",88,31); } cnbc_displayUsername("cnbc_usertime","cnbc_username");RegisterSign InMember CenterSign OutRegistercnbc_toggleUserState();HOMENEWSMARKETSEARNINGSINVESTINGSMALL BUSINESSVIDEOCNBC TVCNBC PROU.S.Asia-PacificEuropeEconomyEnergyPoliticsTechnologyBlogsSlideshowsSpecial Reports if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(728,90,"CNBGE7"); } else { dapMgr.enableACB("USNewsBlogs728",false); dapMgr.renderAd("USNewsBlogs728","&PG=CNBGE7&AP=1390&PN=CNBC",728,90); } NetOccupationally Hazardous. var cnbcSubHeaderId = document.getElementById('subheader_'+ 38911124); cnbcSubHeaderId.innerHTML = document.getElementById('renderReaderContent').innerHTML; Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 45166246Central Banks to the Rescue? What Their Action Means cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); Where in the World Is Jon Corzine? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); Is Germany in Trouble? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); How High Should Taxes Get on the Wealthy? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); Has the Bank Run Begun in Europe? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); Five Reasons for Investors to Head for the Sidelines cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); Are Traders Cheering For the Market to Go Down? cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); The Fed Wants to Be Your Facebook Friend cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); MF Global's Bad Check cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); Translating Bill Gross: The Debt Trap cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(300,900,"CNBGE3"); } else { dapMgr.enableACB("USNewsBlogs300x250",false); dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900); } Current DateTime: 11:31:02 13 Dec 2011LinksList Documentid: 38910464Expiration DateTime: 12/13/2011 11:33:44 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Job Prospects Improve for MBA Grads, Just Remember That Visa cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656895", "38910464_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656895", "38910464_1","cnbcCommentsTxt" ); CBO Deals (Slight) Blow to Financial Transaction Tax cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655791", "38910464_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655791", "38910464_2","cnbcCommentsTxt" ); Merchant Group: Credit Card Study Deeply Flawed cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653902", "38910464_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653902", "38910464_3","cnbcCommentsTxt" ); How Financial Reform Helped Destroy MF Global cnbc_commentCountMapObj.cnbc_commentCountMap_put("45645005", "38910464_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45645005", "38910464_4","cnbcCommentsTxt" ); Do We Have Too Much Financial Stability? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643768", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643768", "38910464_5","cnbcCommentsTxt" ); In Twitter We Trust? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643376", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643376", "38910464_6","cnbcCommentsTxt" ); Jon Corzine: The T-Shirt cnbc_commentCountMapObj.cnbc_commentCountMap_put("45641247", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45641247", "38910464_7","cnbcCommentsTxt" ); Why Europe Has Investors Running Scared"”Again cnbc_commentCountMapObj.cnbc_commentCountMap_put("45642039", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45642039", "38910464_8","cnbcCommentsTxt" ); Burning the European Oil cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640794", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640794", "38910464_9","cnbcCommentsTxt" ); Europe's Central Bankers Blind to Imminent Disaster cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640104", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640104", "38910464_10","cnbcCommentsTxt" ); Matthew Slaughter: We need One Institution as a Systemic Regulator "” Not Ten cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640105", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640105", "38910464_11","cnbcCommentsTxt" ); Why Do Banks Fail Together In A Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "38910464_12","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "38910464_12","cnbcCommentsTxt" ); Is Buffett Giving Silent Treatment to Anti-Berkshire Analyst? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615619", "38910464_13","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615619", "38910464_13","cnbcCommentsTxt" ); SEC Sends Wells Notice to Harbinger Capital cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615304", "38910464_14","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615304", "38910464_14","cnbcCommentsTxt" ); Why Is Eric Cantor Blocking the Congressional Insider Trading Act? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45612773", "38910464_15","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45612773", "38910464_15","cnbcCommentsTxt" ); Europe's Problem Summed Up in a Venn Diagram cnbc_commentCountMapObj.cnbc_commentCountMap_put("45603480", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45603480", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Email: document.write("");document.write("NetNet"+"@"+"cnbc.com");document.write('');Call: 201-735-iNet (4638)Text Message: Text NETNET followed by your tip to 26221. Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 38852222John Carney

Runs this joint.

Cadie Thompson

Really, really runs this joint.

Jeff Cox

A senior writer for CNBC.com, covering the gamut of issues affecting the stock market and the economy.

Stephanie Landsman

Squawk Boxer Rebel.

Lori Spechler

A Senior Editor at CNBC, commodity trader in a former life.

Lori Ann LaRocco

A Senior Talent Producer at CNBC.

Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street'

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The following list of people showcases some of the greatest trades in the business.

Rogue Trading: A How-To Guide

There's a surprisingly consistent pattern to all these rogue traders.

25 Things Every Wall Street Intern Should Know

Some words of wisdom for all the Wall Street Interns this summer.

Current DateTime: 11:31:02 13 Dec 2011LinksList Documentid: 38910635Expiration DateTime: 12/13/2011 11:33:35 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); Fed Maintains Stance on Rates, Hints More Easing Still Possible cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656701", "38910635_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656701", "38910635_1","cnbcCommentsTxt" ); Why Euro's Continued Decline Is Bad for All Markets cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655540", "38910635_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655540", "38910635_2","cnbcCommentsTxt" ); Europe Using US as Model to Fix Debt Crisis: Bove cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655607", "38910635_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655607", "38910635_3","cnbcCommentsTxt" ); Leaving the Euro: What If a Country Really Did It? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653453", "38910635_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653453", "38910635_4","cnbcCommentsTxt" ); Oil Surges on Iran Reports, Demand Forecast cnbc_commentCountMapObj.cnbc_commentCountMap_put("45646157", "38910635_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45646157", "38910635_5","cnbcCommentsTxt" ); Cushy Retirements Fade in Southern Europe cnbc_commentCountMapObj.cnbc_commentCountMap_put("45654428", "38910635_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45654428", "38910635_6","cnbcCommentsTxt" ); Jon Corzine Back in Hot Seat, Now With Two Deputies cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653942", "38910635_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653942", "38910635_7","cnbcCommentsTxt" ); Retail Sales Weaker Than Expected in Nov., Up 0.2% cnbc_commentCountMapObj.cnbc_commentCountMap_put("45652203", "38910635_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45652203", "38910635_8","cnbcCommentsTxt" ); What Can Individual Euro Zone Countries Do to Fix Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45650920", "38910635_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45650920", "38910635_9","cnbcCommentsTxt" ); Predictions: Kernen, Bartiromo, Cramer cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464832", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464832", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); » HelpCurrent DateTime: 11:16:08 13 Dec 2011LinksList Documentid: 38851925Subscribe to this RSS feed

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setDefault('cnbc_textbody');How Financial Reform Helped Destroy MF GlobalPublished: Monday, 12 Dec 2011 | 5:02 PM ET Text Size By: John CarneySenior Editor, CNBC.com #divButtons .gig-button-container-facebook-like {margin-right:-2px;} #divButtons .gig-button-container-twitter {margin-right:15px;} #divButtons .gig-button-container-google-plusone {margin-right:-16px;} #divButtons .gig-button-container-linkedin {margin-right:17px;} var params ={ userAction:ua, shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}], containerID: 'divButtons'} gigya.services.socialize.showShareBarUI(conf,params);

Getty ImagesChalk up the destruction of MF Global to yet another unintended consequence of regulation.

The Dodd-Frank financial reform provision known as the Volcker Rule may have created the opportunity for MF Global's destruction. cnbc_init_droparrows('menu_arrow_','img',cur_navSect); cnbc_getCommentsCount(cnbc_commentCountStr) ; Current DateTime: 11:22:42 13 Dec 2011LinksList Documentid: 29778429CNBC NEWSU.S. NewsAsia-Pacific NewsEurope NewsEconomyEnergyGreenTechnologyBlogsWiresSlideshowsSpecial ReportsCorrections Current DateTime: 10:58:22 13 Dec 2011LinksList Documentid: 29778428MARKETSPre-MarketsWorld MarketsStocksDow 30CommoditiesCurrenciesBondsFunds Current DateTime: 01:29:59 12 Dec 2011LinksList Documentid: 29779196EARNINGSNewsCalendarSurprisesHighlightsIdeas Current DateTime: 11:22:43 13 Dec 2011LinksList Documentid: 29779197INVESTINGStock BlogPersonal FinancePortfolio (Beta)WatchlistStock ScreenerFund ScreenerEarnings Screener Current DateTime: 01:29:40 12 Dec 2011LinksList Documentid: 29779200VIDEOLatest VideoTop VideoU.S. VideoAsia-Pacific VideoEurope VideoCEO InterviewsAnalyst InterviewsCNBC ProCurrent DateTime: 01:27:22 13 Dec 2011LinksList Documentid: 29779199CNBC TVCNBC U.S.CNBC Asia-PacificCNBC EuropeCNBC WorldCNBC HD+Channel FinderCurrent DateTime: 05:32:04 13 Dec 2011LinksList Documentid: 29779198MORECNBC 360CNBC Mobile WebsiteRSSReal-Time Quotes and Extended HoursLatest Press ReleasesAbout CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  ContactPrivacy Policy  |   div.FOOTMC_BI {padding: 5px 10px 5px 10px; text-align:left; line-height:25px;} a#_bapw-link span {margin: 0 0 0 5px !important;}   |  Terms of Service  |  Independent Programming Report  Data is a real-time snapshot  *Data is delayed at least 15 minutesGlobal Business and Financial News, Stock Quotes, and Market Data and Analysis© 2011 CNBC LLC.  All Rights Reserved. var scodePath = cnbc_tickerDataPath + "/js/s_code.js"; s_linkInternalFilters="javascript:,cnbc.com"; var s_account="nbcuglobal, nbcucnbcd, nbcucnbcbu"; var s_prop8 ="cnbc"; var s_prop9 ="cnbc.com"; var s_prop10=cnbc_sectionName; var s_prop31=cnbc_topSection; var s_prop32=cnbc_subSection; var s_prop33=cnbc_subSubSection; var s_prop34=cnbc_microSection; var s_prop35=cnbc_nanoSection; var s_prop36=cnbc_docid; var s_prop37=cnbc_doctype; var s_prop38=cnbc_doclayout; var s_prop39=cnbc_docsource; document.write(''); try { cnbc_init_services(); cnbc_highlightSubText(cnbc_docid,"sub_active"); } catch(e){} cnbcSwitchOnRemember("cnbcStreamQuoteMasterToggleRememberSwitch"); setTimeout("cnbc_comboQuoteMoveRun()",10); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(1,1,"CNBNE0"); } else { dapMgr.enableACB("news1x1",false); dapMgr.renderAd("news1x1","&PG=CNBNE0&AP=&PN=CNBC",1,1); }

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What Their Action Means cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); Where in the World Is Jon Corzine? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); Is Germany in Trouble? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); How High Should Taxes Get on the Wealthy? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); Has the Bank Run Begun in Europe? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); Five Reasons for Investors to Head for the Sidelines cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); Are Traders Cheering For the Market to Go Down? cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); The Fed Wants to Be Your Facebook Friend cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); MF Global's Bad Check cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); Translating Bill Gross: The Debt Trap cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(300,900,"CNBGE3"); } else { dapMgr.enableACB("USNewsBlogs300x250",false); dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900); } Current DateTime: 11:31:02 13 Dec 2011LinksList Documentid: 38910464Expiration DateTime: 12/13/2011 11:33:44 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Job Prospects Improve for MBA Grads, Just Remember That Visa cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656895", "38910464_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656895", "38910464_1","cnbcCommentsTxt" ); CBO Deals (Slight) Blow to Financial Transaction Tax cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655791", "38910464_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655791", "38910464_2","cnbcCommentsTxt" ); Merchant Group: Credit Card Study Deeply Flawed cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653902", "38910464_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653902", "38910464_3","cnbcCommentsTxt" ); How Financial Reform Helped Destroy MF Global cnbc_commentCountMapObj.cnbc_commentCountMap_put("45645005", "38910464_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45645005", "38910464_4","cnbcCommentsTxt" ); Do We Have Too Much Financial Stability? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643768", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643768", "38910464_5","cnbcCommentsTxt" ); In Twitter We Trust? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643376", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643376", "38910464_6","cnbcCommentsTxt" ); Jon Corzine: The T-Shirt cnbc_commentCountMapObj.cnbc_commentCountMap_put("45641247", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45641247", "38910464_7","cnbcCommentsTxt" ); Why Europe Has Investors Running Scared"”Again cnbc_commentCountMapObj.cnbc_commentCountMap_put("45642039", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45642039", "38910464_8","cnbcCommentsTxt" ); Burning the European Oil cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640794", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640794", "38910464_9","cnbcCommentsTxt" ); Europe's Central Bankers Blind to Imminent Disaster cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640104", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640104", "38910464_10","cnbcCommentsTxt" ); Matthew Slaughter: We need One Institution as a Systemic Regulator "” Not Ten cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640105", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640105", "38910464_11","cnbcCommentsTxt" ); Why Do Banks Fail Together In A Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "38910464_12","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "38910464_12","cnbcCommentsTxt" ); Is Buffett Giving Silent Treatment to Anti-Berkshire Analyst? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615619", "38910464_13","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615619", "38910464_13","cnbcCommentsTxt" ); SEC Sends Wells Notice to Harbinger Capital cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615304", "38910464_14","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615304", "38910464_14","cnbcCommentsTxt" ); Why Is Eric Cantor Blocking the Congressional Insider Trading Act? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45612773", "38910464_15","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45612773", "38910464_15","cnbcCommentsTxt" ); Europe's Problem Summed Up in a Venn Diagram cnbc_commentCountMapObj.cnbc_commentCountMap_put("45603480", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45603480", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Email: document.write("");document.write("NetNet"+"@"+"cnbc.com");document.write('');Call: 201-735-iNet (4638)Text Message: Text NETNET followed by your tip to 26221. Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 38852222John Carney

Runs this joint.

Cadie Thompson

Really, really runs this joint.

Jeff Cox

A senior writer for CNBC.com, covering the gamut of issues affecting the stock market and the economy.

Stephanie Landsman

Squawk Boxer Rebel.

Lori Spechler

A Senior Editor at CNBC, commodity trader in a former life.

Lori Ann LaRocco

A Senior Talent Producer at CNBC.

Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street'

Occupy Wall Street has attracted people from all backgrounds.

The Greatest Trades of All Time

The following list of people showcases some of the greatest trades in the business.

Rogue Trading: A How-To Guide

There's a surprisingly consistent pattern to all these rogue traders.

25 Things Every Wall Street Intern Should Know

Some words of wisdom for all the Wall Street Interns this summer.

Current DateTime: 11:31:02 13 Dec 2011LinksList Documentid: 38910635Expiration DateTime: 12/13/2011 11:33:35 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); Fed Maintains Stance on Rates, Hints More Easing Still Possible cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656701", "38910635_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656701", "38910635_1","cnbcCommentsTxt" ); Why Euro's Continued Decline Is Bad for All Markets cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655540", "38910635_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655540", "38910635_2","cnbcCommentsTxt" ); Europe Using US as Model to Fix Debt Crisis: Bove cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655607", "38910635_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655607", "38910635_3","cnbcCommentsTxt" ); Leaving the Euro: What If a Country Really Did It? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653453", "38910635_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653453", "38910635_4","cnbcCommentsTxt" ); Oil Surges on Iran Reports, Demand Forecast cnbc_commentCountMapObj.cnbc_commentCountMap_put("45646157", "38910635_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45646157", "38910635_5","cnbcCommentsTxt" ); Cushy Retirements Fade in Southern Europe cnbc_commentCountMapObj.cnbc_commentCountMap_put("45654428", "38910635_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45654428", "38910635_6","cnbcCommentsTxt" ); Jon Corzine Back in Hot Seat, Now With Two Deputies cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653942", "38910635_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653942", "38910635_7","cnbcCommentsTxt" ); Retail Sales Weaker Than Expected in Nov., Up 0.2% cnbc_commentCountMapObj.cnbc_commentCountMap_put("45652203", "38910635_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45652203", "38910635_8","cnbcCommentsTxt" ); What Can Individual Euro Zone Countries Do to Fix Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45650920", "38910635_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45650920", "38910635_9","cnbcCommentsTxt" ); Predictions: Kernen, Bartiromo, Cramer cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464832", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464832", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); » HelpCurrent DateTime: 11:16:08 13 Dec 2011LinksList Documentid: 38851925Subscribe to this RSS feed

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setDefault('cnbc_textbody');How Financial Reform Helped Destroy MF GlobalPublished: Monday, 12 Dec 2011 | 5:02 PM ET Text Size By: John CarneySenior Editor, CNBC.com #divButtons .gig-button-container-facebook-like {margin-right:-2px;} #divButtons .gig-button-container-twitter {margin-right:15px;} #divButtons .gig-button-container-google-plusone {margin-right:-16px;} #divButtons .gig-button-container-linkedin {margin-right:17px;} var params ={ userAction:ua, shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}], containerID: 'divButtons'} gigya.services.socialize.showShareBarUI(conf,params);

Getty ImagesChalk up the destruction of MF Global to yet another unintended consequence of regulation.

The Dodd-Frank financial reform provision known as the Volcker Rule may have created the opportunity for MF Global's destruction. cnbc_init_droparrows('menu_arrow_','img',cur_navSect); cnbc_getCommentsCount(cnbc_commentCountStr) ; Current DateTime: 11:22:42 13 Dec 2011LinksList Documentid: 29778429CNBC NEWSU.S. NewsAsia-Pacific NewsEurope NewsEconomyEnergyGreenTechnologyBlogsWiresSlideshowsSpecial ReportsCorrections Current DateTime: 10:58:22 13 Dec 2011LinksList Documentid: 29778428MARKETSPre-MarketsWorld MarketsStocksDow 30CommoditiesCurrenciesBondsFunds Current DateTime: 01:29:59 12 Dec 2011LinksList Documentid: 29779196EARNINGSNewsCalendarSurprisesHighlightsIdeas Current DateTime: 11:22:43 13 Dec 2011LinksList Documentid: 29779197INVESTINGStock BlogPersonal FinancePortfolio (Beta)WatchlistStock ScreenerFund ScreenerEarnings Screener Current DateTime: 01:29:40 12 Dec 2011LinksList Documentid: 29779200VIDEOLatest VideoTop VideoU.S. VideoAsia-Pacific VideoEurope VideoCEO InterviewsAnalyst InterviewsCNBC ProCurrent DateTime: 01:27:22 13 Dec 2011LinksList Documentid: 29779199CNBC TVCNBC U.S.CNBC Asia-PacificCNBC EuropeCNBC WorldCNBC HD+Channel FinderCurrent DateTime: 05:32:04 13 Dec 2011LinksList Documentid: 29779198MORECNBC 360CNBC Mobile WebsiteRSSReal-Time Quotes and Extended HoursLatest Press ReleasesAbout CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  ContactPrivacy Policy  |   div.FOOTMC_BI {padding: 5px 10px 5px 10px; text-align:left; line-height:25px;} a#_bapw-link span {margin: 0 0 0 5px !important;}   |  Terms of Service  |  Independent Programming Report  Data is a real-time snapshot  *Data is delayed at least 15 minutesGlobal Business and Financial News, Stock Quotes, and Market Data and Analysis© 2011 CNBC LLC.  All Rights Reserved. var scodePath = cnbc_tickerDataPath + "/js/s_code.js"; s_linkInternalFilters="javascript:,cnbc.com"; var s_account="nbcuglobal, nbcucnbcd, nbcucnbcbu"; var s_prop8 ="cnbc"; var s_prop9 ="cnbc.com"; var s_prop10=cnbc_sectionName; var s_prop31=cnbc_topSection; var s_prop32=cnbc_subSection; var s_prop33=cnbc_subSubSection; var s_prop34=cnbc_microSection; var s_prop35=cnbc_nanoSection; var s_prop36=cnbc_docid; var s_prop37=cnbc_doctype; var s_prop38=cnbc_doclayout; var s_prop39=cnbc_docsource; document.write(''); try { cnbc_init_services(); cnbc_highlightSubText(cnbc_docid,"sub_active"); } catch(e){} cnbcSwitchOnRemember("cnbcStreamQuoteMasterToggleRememberSwitch"); setTimeout("cnbc_comboQuoteMoveRun()",10); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(1,1,"CNBNE0"); } else { dapMgr.enableACB("news1x1",false); dapMgr.renderAd("news1x1","&PG=CNBNE0&AP=&PN=CNBC",1,1); }

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Skip navigation #headerOverlay{ color: #ccd6df; font-size:11px; line-height:130%; } #headerOverlay strong{ color: #ffd226; } #headerOverlay a {color:#ccd6df;text-decoration:none;} #headerOverlay a:hover {color:#ffd226;} #headerOverlay a:visited {color:#ccd6df;} #headerOverlay a:visited:hover {color:#ffd226;} Symbol Lookup onloadAutoSuggest(); var pgValue = "CNBSEB"; var cmsKeyWord = "alternative investing"; var cmsNewPG = "CNBWAB"; if ((cmsKeyWord.length > 0) && (cmsNewPG.length > 0)) { var newPG = cmsNewPG.split(';'); var group = cmsKeyWord.split(';'); if (newPG.length == group.length) { var description = cnbc_pagedesc.toLowerCase(); for(var x = 0; x < group.length; x++) { var keyWord = group[x].split('|'); for (var j = 0; j < keyWord.length; j++) { if (description.indexOf(keyWord[j].toLowerCase()) != -1) { pgValue = newPG[x]; j = keyWord.length; x = group.length; }}}}} if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(88,31,pgValue); } else { dapMgr.enableACB("SearchBox88x31",false); dapMgr.renderAd("SearchBox88x31","&PG=" + pgValue + "&AP=1071&PN=CNBC",88,31); } cnbc_displayUsername("cnbc_usertime","cnbc_username");RegisterSign InMember CenterSign OutRegistercnbc_toggleUserState();HOMENEWSMARKETSEARNINGSINVESTINGSMALL BUSINESSVIDEOCNBC TVCNBC PROU.S.Asia-PacificEuropeEconomyEnergyPoliticsTechnologyBlogsSlideshowsSpecial Reports if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(728,90,"CNBGE7"); } else { dapMgr.enableACB("USNewsBlogs728",false); dapMgr.renderAd("USNewsBlogs728","&PG=CNBGE7&AP=1390&PN=CNBC",728,90); } NetOccupationally Hazardous. var cnbcSubHeaderId = document.getElementById('subheader_'+ 38911124); cnbcSubHeaderId.innerHTML = document.getElementById('renderReaderContent').innerHTML; Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 45166246Central Banks to the Rescue? What Their Action Means cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); Where in the World Is Jon Corzine? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); Is Germany in Trouble? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); How High Should Taxes Get on the Wealthy? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); Has the Bank Run Begun in Europe? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); Five Reasons for Investors to Head for the Sidelines cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); Are Traders Cheering For the Market to Go Down? cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); The Fed Wants to Be Your Facebook Friend cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); MF Global's Bad Check cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); Translating Bill Gross: The Debt Trap cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(300,900,"CNBGE3"); } else { dapMgr.enableACB("USNewsBlogs300x250",false); dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900); } Current DateTime: 11:31:02 13 Dec 2011LinksList Documentid: 38910464Expiration DateTime: 12/13/2011 11:33:44 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Job Prospects Improve for MBA Grads, Just Remember That Visa cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656895", "38910464_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656895", "38910464_1","cnbcCommentsTxt" ); CBO Deals (Slight) Blow to Financial Transaction Tax cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655791", "38910464_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655791", "38910464_2","cnbcCommentsTxt" ); Merchant Group: Credit Card Study Deeply Flawed cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653902", "38910464_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653902", "38910464_3","cnbcCommentsTxt" ); How Financial Reform Helped Destroy MF Global cnbc_commentCountMapObj.cnbc_commentCountMap_put("45645005", "38910464_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45645005", "38910464_4","cnbcCommentsTxt" ); Do We Have Too Much Financial Stability? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643768", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643768", "38910464_5","cnbcCommentsTxt" ); In Twitter We Trust? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643376", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45643376", "38910464_6","cnbcCommentsTxt" ); Jon Corzine: The T-Shirt cnbc_commentCountMapObj.cnbc_commentCountMap_put("45641247", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45641247", "38910464_7","cnbcCommentsTxt" ); Why Europe Has Investors Running Scared"”Again cnbc_commentCountMapObj.cnbc_commentCountMap_put("45642039", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45642039", "38910464_8","cnbcCommentsTxt" ); Burning the European Oil cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640794", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640794", "38910464_9","cnbcCommentsTxt" ); Europe's Central Bankers Blind to Imminent Disaster cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640104", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640104", "38910464_10","cnbcCommentsTxt" ); Matthew Slaughter: We need One Institution as a Systemic Regulator "” Not Ten cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640105", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45640105", "38910464_11","cnbcCommentsTxt" ); Why Do Banks Fail Together In A Crisis? 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Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 38852222John Carney

Runs this joint.

Cadie Thompson

Really, really runs this joint.

Jeff Cox

A senior writer for CNBC.com, covering the gamut of issues affecting the stock market and the economy.

Stephanie Landsman

Squawk Boxer Rebel.

Lori Spechler

A Senior Editor at CNBC, commodity trader in a former life.

Lori Ann LaRocco

A Senior Talent Producer at CNBC.

Current DateTime: 11:16:06 13 Dec 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street'

Occupy Wall Street has attracted people from all backgrounds.

The Greatest Trades of All Time

The following list of people showcases some of the greatest trades in the business.

Rogue Trading: A How-To Guide

There's a surprisingly consistent pattern to all these rogue traders.

25 Things Every Wall Street Intern Should Know

Some words of wisdom for all the Wall Street Interns this summer.

Current DateTime: 11:31:02 13 Dec 2011LinksList Documentid: 38910635Expiration DateTime: 12/13/2011 11:33:35 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); Fed Maintains Stance on Rates, Hints More Easing Still Possible cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656701", "38910635_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45656701", "38910635_1","cnbcCommentsTxt" ); Why Euro's Continued Decline Is Bad for All Markets cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655540", "38910635_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655540", "38910635_2","cnbcCommentsTxt" ); Europe Using US as Model to Fix Debt Crisis: Bove cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655607", "38910635_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45655607", "38910635_3","cnbcCommentsTxt" ); Leaving the Euro: What If a Country Really Did It? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653453", "38910635_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653453", "38910635_4","cnbcCommentsTxt" ); Oil Surges on Iran Reports, Demand Forecast cnbc_commentCountMapObj.cnbc_commentCountMap_put("45646157", "38910635_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45646157", "38910635_5","cnbcCommentsTxt" ); Cushy Retirements Fade in Southern Europe cnbc_commentCountMapObj.cnbc_commentCountMap_put("45654428", "38910635_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45654428", "38910635_6","cnbcCommentsTxt" ); Jon Corzine Back in Hot Seat, Now With Two Deputies cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653942", "38910635_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45653942", "38910635_7","cnbcCommentsTxt" ); Retail Sales Weaker Than Expected in Nov., Up 0.2% cnbc_commentCountMapObj.cnbc_commentCountMap_put("45652203", "38910635_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45652203", "38910635_8","cnbcCommentsTxt" ); What Can Individual Euro Zone Countries Do to Fix Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45650920", "38910635_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45650920", "38910635_9","cnbcCommentsTxt" ); Predictions: Kernen, Bartiromo, Cramer cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464832", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45464832", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); » HelpCurrent DateTime: 11:16:08 13 Dec 2011LinksList Documentid: 38851925Subscribe to this RSS feed

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setDefault('cnbc_textbody');How Financial Reform Helped Destroy MF GlobalPublished: Monday, 12 Dec 2011 | 5:02 PM ET Text Size By: John CarneySenior Editor, CNBC.com #divButtons .gig-button-container-facebook-like {margin-right:-2px;} #divButtons .gig-button-container-twitter {margin-right:15px;} #divButtons .gig-button-container-google-plusone {margin-right:-16px;} #divButtons .gig-button-container-linkedin {margin-right:17px;} var params ={ userAction:ua, shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}], containerID: 'divButtons'} gigya.services.socialize.showShareBarUI(conf,params);

Getty ImagesChalk up the destruction of MF Global to yet another unintended consequence of regulation.

The Dodd-Frank financial reform provision known as the Volcker Rule may have created the opportunity for MF Global's destruction. Read Full Article »