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Discount North Face Oct. 31 after concerns that it may lose money on its holdings of European sovereign debt prompted demands from regulators to boost capital, as well as credit downgrades and margin calls. Regulators are reviewing whether some investors learned in advance and traded on news that pushed the company closer to bankruptcy, the people said. In one instance, MF Global¡¯s $287.5 million of 1.875 percent convertible notes due in 2016 fell as much as 1.1 cent to 68.7 cents on the dollar on Oct. 24, one hour before Moody¡¯s North Face Pants Investors Service announced that it cut the company¡¯s credit ratings to the lowest investment-grade rating and was considering cutting it to junk, according to Trace, the bond- price reporting system of the Financial Industry Regulatory Authority. About 32 percent, or $6.5 million, of the total $20 million of bonds traded on Oct. 24 were executed in the two hours preceding the downgrade, Trace data showed. Convertibles allow North Face Women GoreTex Jacket investors to exchange bonds for stock when shares of the issuers reach preset levels. Trading in MF Global¡¯s common shares didn¡¯t follow the same pattern. The stock rose as much as 2.2 percent in the hours leading up to Moody¡¯s announcement. After the downgrade, the stock fell as much as 5.4 percent to $3.49. John Nester, an SEC spokesman, declined to comment. MF Global spokeswoman Diana DeSocia said it¡¯s the company¡¯s policy not North Face Kids Denali Jackets to comment on price movements in its shares and bonds. MF Global announced in September that Finra required the firm to boost capital in its U.S. unit because of the holding it had amassed in European countries¡¯ bonds as concerns about their ability to repay mounted. On Oct. 25, the day after Moody¡¯s announced the downgrade, the company reported its largest-ever quarterly loss of $191.6 million, and Corzine disclosed $6.3 billion The North Face Denali Fleece Jacket Rose - Women's NO.10040 of exposure to bonds from countries including Italy, Spain, Belgium, Portugal and Ireland. In papers filed this week in U.S. Bankruptcy Court in Manhattan, MF Global listed debt of.