Japan market watchdog seeks $1.2 million fine against Citi, alleges JGB manipulation

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Japan's SESC market watchdog said on Tuesday it had recommended a $1.2 mill...

The Citigroup Inc logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren

The incident marks the latest crackdown by Japanese authorities over alleged attempts to manipulate prices in the JGB futures market.

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A rather small fine one might suggest - almost pocket change !!!

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