U.S. Senator Jerry Moran (R-Kan.) released the following statement today regarding the Commodity Futures Trading Commission’s investigation of MF Global:

“During my conversation with CFTC Chairman Gensler earlier this week, I asked about the CFTC’s investigation of the downfall of MF Global. Though the Chairman offered no specifics, he agreed that violations of customer protection laws should be actively pursued as both civil and criminal violations.

“In light of today’s complaint, I remain convinced that the CFTC should press on with their coordinated efforts with authorities as they weigh the appropriateness of further charges stemming from the collapse of MF Global. It is necessary for U.S. authorities to hold the perpetrators fully accountable for any illegal activity. If we are to restore the country’s faith in American financial markets, our regulatory and judicial systems must reaffirm that lawbreakers are brought to justice regardless of their wealth or influence.

“While I have questioned Chairman Gensler about his involvement in the CFTC’s pursuit of MF Global, I encourage the Commission to continue to investigate the decisions and events that resulted in inappropriate use of customer segregated funds and deteriorated consumer faith in our financial system.”