0001193125-16-554216.txt : 20170315 0001193125-16-554216.hdr.sgml : 20170315 20160425163102 ACCESSION NUMBER: 0001193125-16-554216 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20160425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STIFEL FINANCIAL CORP CENTRAL INDEX KEY: 0000720672 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 431273600 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: ATTN: JAMES G. LASCHOBER STREET 2: 501 N. BROADWAY CITY: ST. LOUIS STATE: MO ZIP: 63102-2102 BUSINESS PHONE: 314-342-2000 MAIL ADDRESS: STREET 1: ATTN: JAMES G. LASCHOBER STREET 2: 501 N. BROADWAY CITY: ST. LOUIS STATE: MO ZIP: 63102-2102 CORRESP 1 filename1.htm CORRESP

LOGO

Via EDGAR (Correspondence)

April 25, 2016

Mr. Gus Rodriguez, Accounting Branch Chief

Office of Financial Services

United States Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, D.C. 20549

 

  RE: Stifel Financial Corp.

Form 8-K

Filed February 23, 2016

Form 10-K for the Fiscal Year Ended December 31, 2015

Filed March 1, 2016

File No. 001-09305

Dear Mr. Rodriquez:

We refer to the comment letter dated April 11, 2016 from the staff of the Division of Corporation Finance of the Securities and Exchange Commission concerning the Form 8-K of Stifel Financial Corp. filed with the Commission on February 23, 2016 and Form 10-K for the fiscal year ended December 31, 2015 of Stifel Financial Corporation filed with the Commission on March 1, 2016. In that letter, you requested that we submit our responses to you within 10 business days. While we have made significant progress in preparing our responses to your inquiries, our process is not yet complete. As a result, we respectively request additional time to complete our responses. We expect to be able to complete our reply no later than Wednesday, May 4, 2016, but hope to have the process completed prior to that date.

Thank you for your consideration. If you have any questions regarding the foregoing, do not hesitate to contact the undersigned at (314) 342-2000.

Sincerely,

 

/s/ James M. Zemlyak

James M. Zemlyak
President and Chief Financial Officer
(Principal Financial Officer)

 

cc: Ronald J. Kruszewski, Chairman and Chief Executive Officer
     David M. Minnick, Senior Vice President and General Counsel
     Mark P. Fisher, Senior Vice President and General Counsel
GRAPHIC 2 g130441g45k97.jpg GRAPHIC begin 644 g130441g45k97.jpg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