JMP Group Inc. (the "Registrant") is announcing that on September 22, 2008, the Registrant submitted a request to be removed from the list of financial firms subject to the prohibition on short selling pursuant to SEC Release No. 34-58592 dated September 18, 2008, as amended.

The information furnished pursuant to this Item 8.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

The information furnished in this report shall not be deemed to constitute an admission that such information is required to be furnished pursuant to Regulation FD or that such information or exhibits contains material information that is not otherwise publicly available. In addition, the Registrant does not assume any obligation to update such information in the future.

(d) Exhibits.

The following exhibit is furnished as part of this Current Report on Form 8-K:

99.1    Letters requesting removal from the list of financial firms subject to the
        prohibition on short selling pursuant to SEC Release No. 34-58592 dated
        September 22, 2008.