Defendant Name: Jefferies LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: Jefferies Financial Group Inc.
SIC Code: 5099
CUSIP: 47233W10

Initial Case Details

Legal Case Name In the Matter of Jefferies LLC
First Document Date 09-Dec-2019
Initial Filing Format Administrative Action
File Number 3-19614
Allegation Type Broker Dealer

Violations Alleged

Other
• Section 15(b)(4)(E) of the Exchange Act

Resolutions

First Resolution Date 09-Dec-2019
Headline Total Penalty and Disgorgement $3,995,540

Related Documents:

34-87680 09-Dec-2019 Administrative Proceeding
Order Instituting Administrative Proceedings, Pursuant to Section 15(b)(4) of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions
On December 9, 2019, the SEC instituted settled cease-and-desist proceedings against Jefferies Inc. The SEC stated: "These proceedings arise out of Jefferies' improper practices with respect to securities lending transactions involving pre-released American Depositary Receipts."
2019-256 09-Dec-2019 Press Release--Administrative Proceeding
Jefferies to Pay Nearly $4 Million for Improper Handling of ADRs
The Commission stated that: "broker-dealer Jefferies LLC will pay nearly $4 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs)."