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Oct. 31 (Bloomberg) -- Jefferies Group Inc. said its exposure to debt securities from MF Global Holdings Ltd., which filed today for bankruptcy, amounts to less than $9 million in mark-to-market positions.
The position “resulted from facilitating client orders as part of normal-course market making,” New York-based Jefferies said in a statement distributed by Business Wire.
To contact the reporter on this story: Laura Marcinek in New York at lmarcinek3@bloomberg.net
To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net