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S.Res. 407 · 112th Congress

A resolution expressing the sense of the Senate that executives of the bankrupt firm MF Global should not be…

Full title

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.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Agreed to without a recorded vote. It was agreed to by voice vote or unanimous consent, which don't record how each member voted.

1 cosponsor · 1 R

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

  1. Senate Introduced Mar 27, 2012
  2. Senate Passed Mar 27, 2012

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…

What it does: CRS summary · Passed Senate without amendment · Mar 27, 2012

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

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.



Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: 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.

Latest action (Mar 27, 2012): Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2113; text as passed Senate: CR S2113; text of measure as introduced: CR S2092)

Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Mar 27, 2012

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

  1. Senate Introduced Mar 27, 2012
  2. Senate Passed Mar 27, 2012

No recorded floor vote found.