Where The "Segregated" PFG Money Is

Tyler Durden's picture

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>
To:
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.

 

Thanks,

 

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