As the owner of a soft dollar brokerage firm who is a former SEC attorney, as well as a legal counsel for one of the largest money managers, I frequently encounter soft dollar abuses.

FORBES: Soft Dollar Zone: A Sensitive Area (January 1, 1997)

Federal regulators have discovered that hundreds of millions of dollars in customer money has gone missing from MF Global in recent days, prompting an investigation into the brokerage firm, which is run by Jon S. Corzine, the former New Jersey governor, several people briefed on the matter said on Monday.

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Corzine, a former U.S. Senator, former Democratic governor of New Jersey and ex-head of Goldman Sachs, resigned November 4 from the bankrupt brokerage firm he joined in 2010.

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