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| Interesting article that begs the question: When you fund your account with PFG Best the funds go to a JP Morgan "Segregated Funds Account".
All you ever read about the PFG fiasco is that the accounts at US Bank are way short of money. Nothing is said about JP Morgan. So if the money
is held at JP Morgan why is the customers money froze? I realize they filed BK but the accounts were frozen a couple days before the BK, and besides
that a BK shouldn't affect "Segregated Funds".
http://www.huffingtonpost.com/2012/07/12/pfg-customer-account-jpmor... | |
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PFG Best/JP Morgan
