Defendant Name:
PJT Partners LP
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
PJT Partners Inc.
SIC Code:
6282
CUSIP:
69343T10
Document Reference:
34-102167
Document Details
Legal Case Name
In the Matter of PJT Partners LP
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-Jan-2025
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
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”)."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Other Compliance Related Undertaking
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Civil Penalty
Individual:
$600,000.00
Shared:
