This paper analyzes the U.K. Supreme Courts' decision on how customers of Lehman Brothers (International) Europe, the U.K. affiliate of Lehman Brothers Inc., ruled on Part 7 of the U.K. Client Money Fund regulations. The paper also compares the differences between the U.S. Customer Segregation...

This paper, written one week after MF Global, a large futures brokerage firm filed for bankruptcy, analyzes the bankruptcy, its impact on futures customers and the shortfall in customer funds that occurred on October 31, 2011. Subsequent to MF Global's bankruptcy, several customer protection...