- Kingland Platform
The Securities and Exchange Commission levied a $4 million fine on broker-dealer Jefferies, as reported by several news organizations earlier this week. This stems from the investigation into the improper handling of American Depositary Receipts (ADRs).
We pulled information from a lengthy SEC document filled with legal jargon, revealing more than 60 references to Jefferies and 20 mentions of the word pay, but no reference to the word fine. A risk analyst, for example, would be required to read through this document and many others in order to make interpretations and take appropriate action.
A Google search for the phrase "Jefferies fined $4 million" returned nearly 70,000 results. Reading through just a few documents can take quite a bit of time to sift through the text and extract actionable information.
Watch the video below and in less than 2 minutes see how quickly you can accelerate the process of discovering important information that can help your risk management team.
See more news monitoring examples from the Kingland Text Analytics Platform Suite.