Ex-Jefferies Trader Litvak Says No Regrets in Defying U.S. (2)

Former Jefferies Group LLC bond trader Jesse Litvak, who became a symbol of the hobbled U.S. government crackdown on shady Wall Street trading tactics, said he refused to cooperate with prosecutors because he didn’t think he had broken any laws.

“I had enough faith to believe that what I did was not a crime, and I didn’t want to look back and say what if,” Litvak said May 15 at the New York City Bar Association’s 8th annual White Collar Crime Institute luncheon in New York. “I’m human. I definitely felt the pressure.”

Litvak’s conviction was overturned last year amid ...