Bloomberg News

Jefferies Has Less Than $9 Million at Risk From MF Global Debt

October 31, 2011

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


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