MF Global Holdings Ltd., the futures broker run by former New Jersey governor and U.S. senator Jon Corzine, was suspended from conducting new business with the New York Federal Reserve Bank today after posting a record loss, Bloomberg reported. The firm’s board met through the weekend in New York to consider options including a sale to avert failure, Bloomberg said. It was stopped from doing new business with the New York Fed until it shows it’s able to fulfill its responsibilities as a primary dealer, according to a statement on the regulator’s website. Trading in MF Global’s stock was also halted. MF Global declined 67 percent last week and its bonds started trading at distressed levels amid its disclosures of bets on European sovereign-debt, Bloomberg said.