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business1d ago
SEC investigates Jefferies over First Brands collapse, report says
- The SEC opened an inquiry into Jefferies over its role in the First Brands collapse.
- Regulators reportedly scrutinize Jefferies' disclosure timing to investors during the crisis.
- The probe could examine internal processes at Jefferies related to the collapse.
- Jefferies has not publicly commented on the SEC inquiry.
- The First Brands collapse drew attention from lawmakers and market participants.
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