Defendant Name:
Jefferies LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Jefferies Financial Group Inc.
SIC Code:
6798
CUSIP:
47233W10
Document Reference:
34-95749
Document Details
Legal Case Name
In the Matter of Jefferies LLC
Document Name
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
Document Date
13-Sep-2022
Document Format
Administrative Proceeding
Allegation Type
Municipal Securities & Public Pensions
Document Summary
On September 13, 2022, the SEC instituted settled administrative and cease-and-desist proceedings against Jefferies LLC, stating: "These proceedings involve Jefferies’ failure to comply with Exchange Act Rule 15c2-12
(the “Rule”) when participating as an underwriter in certain primary offerings of municipal
securities."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$38,008.67
Shared:
Civil Penalty
Individual:
$100,000.00
Shared:
Pre-Judgment Interest
Individual:
$5,206.55
Shared: