Global Brokerage expects to file the Chapter 11 bankruptcy case with the United States Bankruptcy Court for the Southern District of New York on or before December 20, 2017. Further to the press release issued by Global Brokerage Inc (NASDAQ:GLBR), formerly known as FXCM Inc, on November 10, 2017, the company has today submitted a lengthy filing with the United States Securities and Exchange Commission (SEC), detailing the plans to opt for a “reorganizational” bankruptcy under Chapter 11. FinanceFeeds has provided its readers with an overview of Chapter 11 proceedings in an earlier article. In today’s SEC filing, ... (full story)