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SMBC Nikko fined ¥700 mil over market manipulation

A Japanese court on Monday ordered SMBC Nikko Securities Inc to pay a fine of 700 million yen and a forfeiture of 4.47 billion yen for manipulating the market by illegally propping up certain stock prices to stabilize them. The Tokyo District Court also sentenced the ma...
Teruya Sugino Daisuke Kanda Tokyo District Court Nikko Securities Inc Securities Inc For Sugino

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