RefcpFX bankruptcy

Looking for the straight word on what is going on with this? i.e.
When did the problem develop?
Current status?
Recourse for holders of S&P Managed Futures? (like me)

Appreciate any info and referrals to sources of info.

Thanks:

confused
 
Quote from dankilbur:

Looking for the straight word on what is going on with this? i.e.
When did the problem develop?
Current status?
Recourse for holders of S&P Managed Futures? (like me)

Appreciate any info and referrals to sources of info.

Thanks:

confused

If you have the time I would do a search "refcofx" on this site and you will find what you are looking for, except for maybe the "Recourse for holders of S&P Managed Futures?" part. But briefly:

Q: When did it start?
A: Early October 2005

Q: Current status?
A: Not looking good for RefcoFX account holders. FXCM has pulled out of their effort to rescue the accounts.
 
Did I read somewhere that a group of account holders formed some group on Yahoo or something like that? If so, anyone have a link?

Secondly, what is the next date on the calendar of the ongoing saga?
 
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