DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-90,275

SOCIETE GENERALE/NEW EDGE
A/K/A SG AMERICAS SECURITIES, LLC
OPERATIONS DIVISION
INCLUDING ON-SITE LEASED WORKERS FROM
R&P, ACCOUNTING PRINCIPALS, WEISER MAZARS AGENCY, AND EFOCUS
CHICAGO, ILLINOIS

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 21, 2015 by the State Workforce Office on
behalf of workers of Societe Generale/New Edge, A/K/A SG Americas
Securities, LLC, Operations Division, Chicago, Illinois (Societe
Generale/New Edge-Operations). Workers of Societe Generale/New
Edge-Operations are engaged in activities related to the supply of
processing and settlement of back office securities services.
The subject worker group (Societe Generale/New Edge-Operations)
includes on-site leased workers from R&P, Accounting Principals,
Weiser Mazars Agency, and EFocus.
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 Societe Generale/New Edge-
Operations 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 the services supplied by the subject workers
which contributed importantly to worker group separations at
Societe Generale/New Edge-Operations.



Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of Societe Generale/New
Edge-Operations, who are engaged in activities related to the
supply of processing and settlement of back office securities
services, 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 Societe Generale/New Edge, A/K/A SG Americas
Securities, LLC, Operations Division, including on-site
leased workers from R&P, Accounting Principals, Weiser
Mazars Agency, and EFocus, Chicago, Illinois, who became
totally or partially separated from employment on or after
January 1, 2014, 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 9th day of December 2016.
/s/Del Min Amy Chen
______________________________
DEL MIN AMY CHEN
Certifying Officer, Office of
Trade Adjustment Assistance