TOKYO :Japan's securities watchdog has launched an investigation into Sumitomo Mitsui Financial Group's brokerage unit over employees' potential involvement in fraudulent stock transactions, the Nikkei business daily said on Tuesday.
The Securities and Exchange Surveillance Commission held its investigation at the Tokyo head office of SMBC Nikko Securities Inc, Nikkei said, citing sources familiar with the matter. SMBC Nikko confirmed in a statement that the company and its employees are being investigated, but declined to comment on details because the probe is ongoing.At issue are after-hours transactions SMBC Nikko conducted around 2020 for investors selling specific stocks in large volumes, according to Nikkei.
The brokerage house launched buy orders for those stocks on the market to prevent closing share prices from falling far from levels at which the investors were willing to sell, it said.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Japan's SEC probes SMFG unit for employees' potential market manipulation -NikkeiTOKYO : Japan's securities watchdog has launched an investigation into Sumitomo Mitsui Financial Group's brokerage unit over employees' potential involvement in fraudulent stock transactions, the Nikkei business daily said on Tuesday.The Securities and Exchange Surveillance Commission held its investigati
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »
Japan Finance Minister Suzuki urges stability in FX market as yen weakensTOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday that he would keep an eye on the foreign exchange market, describing the yen as 'weakening' recently and stressing the importance of stability in the market.Suzuki told reporters after a cabinet meeting that he would refrain from commenting
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »
Japan to shorten COVID-19 quarantine for inbound business travellers: ReportTOKYO: Japan\u0027s government plans to shorten COVID-19 quarantine periods for inbound business travellers from 10 days to three, public broadcaster NHK reported on Tuesday (Nov 2). The easing may be instituted as early as next Monday, NHK said. Additionally, the government plans to expand the number of daily
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »