More than a year after nearly back-to-back bankruptcies ofMF Global and Peregrine Financial Group, the fallout is still the talk of the grain industry. As a result, in December, the National Grain and Feed Association invited a panel to address the topic of futures market reforms to protect market participants in the event of broker bankruptcies during its 2012 Country Elevator Conference in Omaha, NE. Panelists included Walter Lukken, president and CEO of the Futures Industry Association (FIA), Washington, DC (202-466-5460), and John Roe, cofounder of the Commodity Customer Coalition, Chicago, IL (312-933-6564). This article is based on portions of their presentations.
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