Defendant Name: Stifel, Nicolaus & Company, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Stifel Financial Corp.
SIC Code: 6211
CUSIP: 86063010

Initial Case Details

Legal Case Name In the Matter of Stifel, Nicolaus & Company, Incorporated
First Document Date 16-Sep-2019
Initial Filing Format Administrative Action
File Number 3-19458
Allegation Type Broker Dealer

Violations Alleged

Other
• Section 17(a)(1) Exchange Act; Rules 17a-4(j), 17a-25 Exchange Act

Resolutions

First Resolution Date 16-Sep-2019

Related Documents:

34-86978 16-Sep-2019 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934 and Section 203(e) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 16, 2019, the SEC instituted settled administrative and cease and desist proceedings against Stifel, Nicolaus & Company, Incorporated ("Stifel"). The SEC stated: "These proceedings arise out of Stifel's failure to submit to the Commission complete and accurate data in response to Commission staff electronic blue sheets ("EBS") requests, resulting in the reporting of EBS that was incomplete or deficient."
2019-177_3-19458 16-Sep-2019 Press Release--Administrative Proceeding
Two Broker-Dealers to Pay $4.65 Million in Penalties for Providing Deficient Blue Sheet Data
The Commission stated: "The Securities and Exchange Commission today announced that Stifel, Nicolaus & Co., Inc. has agreed to pay $2.7 million . . . to settle charges for providing incomplete and inaccurate securities trading information to the SEC. Broker- dealers are required to provide the information known as "blue sheet data," which the SEC uses to carry out its enforcement and regulatory obligations, including investigations of insider trading and other fraudulent activity."