DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-83,049

SG AMERICAS SECURITIES, LLC
LISTED PRODUCTS BACK-OFFICE OPERATIONS DEPARTMENT
JERSEY CITY, NEW JERSEY

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on September 3, 2013 by a State Workforce Office on
behalf of workers of SG Americas Securities, LLC, Listed
Products Back-Office Operations Department, Jersey City, New
Jersey. The workers' firm is engaged in activities related to
the provision of brokerage and investment banking services. The
worker group is engaged in activities related to the supply of
the processing and settlement of back-office securities.
During the course of the investigation, information was
collected from the workers' firm.
Section 222(a)(1) has been met because a significant
number or proportion of the workers in such workers' firm have
become totally or partially separated, or are threatened to
become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers'
firm has acquired from a foreign country services like or
directly competitive with services supplied by the workers which
contributed importantly to worker separations at SG Americas
Securities, LLC.







Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of SG Americas
Securities, LLC, Listed Products Back-Office Operations
Department, Jersey City, New Jersey, who are engaged in
activities related to the supply of the processing and
settlement of back-office securities, meet the worker group
certification criteria under Section 222(a) of the Act, 19
U.S.C. § 2272(a). In accordance with Section 223 of the Act, 19
U.S.C. § 2273, I make the following certification:
"All workers of SG Americas Securities, LLC, Listed
Products Back-Office Operations Department, Jersey City,
New Jersey, who became totally or partially separated from
employment on or after August 30, 2012, through two years
from the date of certification, and all workers in the
group threatened with total or partial separation from
employment on the date of certification through two years
from the date of certification, are eligible to apply for
adjustment assistance under Chapter 2 of Title II of the
Trade Act of 1974, as amended."
Signed in Washington, D.C., this 12th day of November, 2013.

/s/Michael W. Jaffe
______________________________
MICHAEL W. JAFFE
Certifying Officer, Office of
Trade Adjustment Assistance