Jefferies Asset Management, a subsidiary of Jefferies Group, has filed paperwork with the SEC to enter the US ETF market. They note in their paperwork that they are looking to offer an Initial Equity Fund and Initial Fixed Income Fund with no specific indexes noted (blank). The paperwork reads as follows:

“Applicant has selected the____ Index and the_____ Index as the Underlying Indexes on which the Initial Equity Fund and Initial Fixed Income Fund, respectively, will be based. A description of these Underlying Indexes is contained in Appendix A to this Application.(5) The Index Provider for these Underlying Indexes is _____. No entity that compiles, creates, sponsors or maintains an Underlying Index (“Index Provider”) is or will be an “affiliated person,” as defined in Section 2(a)(3) of the Act, or an affiliated person of an affiliated person, of the Trust or a Fund, of the Adviser or any Sub-Adviser or promoter of a Fund, or of the Distributor. Each Fund will be entitled to use its Underlying Index pursuant to either a licensing agreement with the Index Provider of the applicable Underlying Index or a sub-licensing arrangement with the Adviser, which will have a licensing agreement with such Index Provider.”

The full filing can be found: HERE

According to Jefferies website, Jefferies, is a major global securities and investment banking group, and has served companies and their investors for more than 45 years. They operate in more than 25 cities around the world and provide world-class investment banking, sales & trading, research and asset management to a diverse range of corporate clients, institutional investors and high net worth individuals. They claim to be industry experts, specializing in aerospace & defense, consumer energy, financial services, gaming & leisure, healthcare, industrials, maritime, media, technology and telecommunications, with a dedicated private equity coverage group.

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