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2012-12-23 — cnn.com

The trustee trying to recover funds for MF Global customers announced that a settlement was reached on Friday. Under the deal an estimated $500 million to $600 million will be returned to the U.S. brokerage estate, which has been giving money back to customers.

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Customers who traded on U.S. exchanges have since received roughly 80% of their money back. But customers trading on foreign exchanges have just recovered 5%.

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