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Jefferies fined $650K over deficient electronic blue sheets reporting
Seeking Alpha ·
Seeking Alpha reports: Jefferies Financial Group was fined $650K by the U.S. Securities and Exchange Commission over deficient electronic blue sheets reporting. EBS data files contain both trading and account holder information, and are said to provide regulators with the ability to analyze a firm's trading activity. The proceedings rose out of Jefferies' failure to submit to the regulator complete and accurate data in response to its requests from at least July 2018 through July 2024,…