Defendant Name: PJT Partners LP

Defendant Type: Subsidiary of Public Company
Public Company Parent: PJT Partners Inc.
SIC Code: 6282
CUSIP: 69343T10

Initial Case Details

Legal Case Name In the Matter of PJT Partners LP
First Document Date 13-Jan-2025
Initial Filing Format Administrative Action
File Number 3-22404
Allegation Type Broker Dealer

Violations Alleged

Other
• Failure to supervise under Section 15(b)(4)(E) Exchange Act

Resolutions

First Resolution Date 13-Jan-2025
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

34-102167 13-Jan-2025 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On January 13, 2025, the SEC instituted settled administrative and cease-and-desist proceedings against PJT Partners LP, stating: "These proceedings arise out of PJT Partners’ self-report of failures of employees across the firm, including at senior levels, to adhere to certain of these essential requirements and the firm’s own policies and procedures. Using their personal devices, these employees communicated both internally and externally by personal text messages or other text messaging platforms such as WhatsApp (“off-channel communications”)."
2025-6_3-22404 13-Jan-2025 Press Release--Administrative Proceeding
Twelve Firms to Pay More than $63 Million Combined to Settle SEC's Charges for Recordkeeping Failures; One Firm Received Credit for Self-Reporting and Will Pay a Reduced Civil Penalty
On January 13, 2025, the SEC "announced charges against nine investment advisers and three broker-dealers for failures by the firms and their personnel to maintain and preserve electronic communications, in violation of recordkeeping provisions of the federal securities laws."