Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2019
SEC action concerning American depositary receipts
The Securities and Exchange Commission ordered Jefferies to pay approximately $4 million over its handling of American depositary receipts.
2011
Sovereign-debt exposure controversy
Jefferies faced public criticism over the reported concentration of shareholder equity in European sovereign debt. Management disputed the allegations, disclosed information about hedges and reduced the relevant exposure.
1987
Boyd Jefferies securities case
Founder Boyd Jefferies pleaded guilty to securities violations involving stock parking for a customer and a margin violation. He resigned, while the firm's brokerage unit received an SEC censure.