Think the rehypothecation issue is contained at MFGlobal? Wonder why the CME made a decision not to backstop MFG in order to not set a precedent?
Warren Pollock decided to give his friends at Fidelity a call and discuss whether his segregated client funds are hypothecated and rehypothecated.
While we already told readers all about rehypothecation in the fine print at E*Trade, Fidelity, and Scottrade several weeks ago, Warren discusses these issues personally with Fidelity in the following video.
