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- EIN 45-4121887
- (954) 332-1345
- 611 S Wells St Apt 2103 Chicago IL 60607 USA
- www.commoditycustomercoalition.org
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Nonprofit Overview
Causes: Consumer Protection
Mission: 1) provide broad-based advocacy on behalf of commodity trading customers with regards, to the mf global and pfg best bankruptcies. 2) serves as an advocate in congress and the media to bring attention to issues that affect commodity customers.
Programs: For the period of december 1, 2013 to november 30, 2014, the ccc continued its efforts to recover customer funds to mf global customers (estimated client recovery 100%). The ccc quickly mobilized in response to the bankruptcy and indictment of russ wassendorf of pfgbest for his masterminding and execution of a twenty-year ponzi scheme. Attorney koutoulas has worked with ira bodenstein (pfgbest trustee) on the recovery of client funds. The ccc worked with the internal revenue services office of the chief counsel to provide guidance to pfgbest taxpayers on the federal tax treatment of losses sustained by russ wassendorfs fraudulent investment scheme (i. E. , applicability of rev. Proc. 2009-20). The ccc has been working on a pilot client insurance protection program with aon. The ccc has been active in working with other industry organizations to strengthen client protections (e. G. , nfa, fia, and mfa).
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This organization's nonprofit status may have been revoked or it may have merged with another organization or ceased operations.