HOME > BUSINESS > Article

Text Size

small

medium

large


SMBC Nikko to Face Administrative Penalties

SMBC Nikko to Face Administrative Penalties

   Tokyo, Sept. 23 (Jiji Press)--Japan's Securities and Exchange Surveillance Commission plans to recommend that SMBC Nikko Securities Inc. be slapped with administrative penalties for its involvement in stock price manipulation, sources familiar with the matter said Friday.
   Based on the recommendation, the Financial Services Agency is expected to impose penalties on the Sumitomo Mitsui Financial Group Inc. <8316> unit, including an order for the company to suspend part of its operations, the sources said.

To read a full story, please click here to find out how to subscribe.

HEADLINES

POLITICS
Guests from 218 Countries, Regions, Int'l Bodies to Attend Abe's State Funeral
ECONOMY
Dollar Plunges below 141 Yen on Japanese Authorities' Forex Mart Intervention
SPORTS
Pro Baseball: Sapporo Dome to Sell Naming Right
OTHER
Osaka Court Rejects State Compensation Request by Forced Sterilization Victim

AFP-JIJI PRESS NEWS JOURNAL


Photos