Japan watchdog to recommend penalties on Nomura’s brokerage unit for alleged market manipulation, Yomiuri reports

Japan watchdog to recommend penalties on Nomura’s brokerage unit for alleged market manipulation, Yomiuri reports

Japan’s securities watchdog is expected to recommend imposing tens of millions of yen in penalties on Nomura Holding’s brokerage unit for alleged manipulation in the government bond futures market, the Yomiuri reported. The Securities and Exchange Surveillance Commission will make the recommendation to the banking regulator, the Financial Services Agency (FSA), which hands out such … Read more