S.RES.407: A resolution expressing the sense of the Senate that executives of the bankrupt firm MF Global should not be rewarded with bonuses while customer money is still missing.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced March 27, 2012
  • Latest Major Action March 27, 2012

Bill Cosponsor

Bill Summary

Expresses the sense of the Senate that, until the segregated account funds of its customers have been fully repaid in full, and federal investigations have revealed both the cause of, and parties responsible for, the loss of millions of dollars of its customer money, bonuses should not be paid to the executives and employees responsible for the day-to-day management and operations of MF Global.

(Source: Library of Congress)

Bill Actions

Date Description
Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent.
March 27, 2012

Introduced in the Senate by Debbie Stabenow (D-Mich.)

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