http://news.yahoo.com/s/nm/sentinel_probe_dc;_ylt=Ait1NBHfM2l4xEFFMqjtkwoDW7oF
NEW YORK (Reuters) - Regulators probing the collapse of fund manager Sentinel said an examination had revealed that more than $500 million was missing from its accounts, the Financial Times reported in its online edition on Wednesday.
Dan Roth, president of the National Futures Association, said the NFA had discovered a $505 million shortfall in Sentinel's books, the report said.
The development could raise questions over a settlement reached last month in conjunction with hedge fund Citadel Investment Group involving some of Sentinel's creditors, the report said.
Sentinel representatives were not immediately available.
(Reporting by Lewis Krauskopf)
NEW YORK (Reuters) - Regulators probing the collapse of fund manager Sentinel said an examination had revealed that more than $500 million was missing from its accounts, the Financial Times reported in its online edition on Wednesday.
Dan Roth, president of the National Futures Association, said the NFA had discovered a $505 million shortfall in Sentinel's books, the report said.
The development could raise questions over a settlement reached last month in conjunction with hedge fund Citadel Investment Group involving some of Sentinel's creditors, the report said.
Sentinel representatives were not immediately available.
(Reporting by Lewis Krauskopf)
