Sentence examples for misuse of customers from inspiring English sources

Federal authorities continue to investigate the misuse of customers' money.

The action could apply to those who "aid and abet" the misuse of customer money.

In unwavering testimony, Mr. Corzine explained that he had never intended to authorize the misuse of customer money.

Even the customer group acknowledged in the memo, "No doubt, a 'smoking gun' of an executive commanding the misuse of customer funds is likely to never be found".

Still, some senators took the opportunity to take swipes at regulators, who had failed to prevent the collapse of the commodities brokerage or the misuse of customer money.

Despite the recovery of money, the trading commission took aim at Ms. O'Brien, accusing her of "aiding and abetting the firm's misuse of customer funds".

The misuse of customer money is expected to be a focus of the hearing before the oversight panel of the House Financial Services Committee.

A CME Group executive will also testify before the House Financial Services subcommittee, two days after suggesting that Mr. Corzine knew about the misuse of customer funds.

On Thursday, federal regulators sued Mr. Corzine in connection with the collapse of the brokerage firm MF Global and apparent misuse of customer money during its final days.

One significant misuse of customer money came on Oct. 28, MF Global's last day of business, after the firm overdrew an account at JPMorgan in London.

Underpinning the misuse of customer money was a state of utter chaos as the firm rushed to sell assets and unwind positions to stay afloat, investigators said.