August 7, 2012 / 8:07 AM / 7 years ago

Tokyo Stock Exchange says fines SMBC Nikko over insider trading

TOKYO, Aug 7 (Reuters) - The Tokyo Stock Exchange said on Tuesday it has fined SMBC Nikko Securities 80 million yen ($1.02 million) over insider trading activities that violated exchange rules.

The exchange said SMBC Nikko leaked insider information to clients ahead of a public share offering and solicited trades from them based on the information. ($1 = 78.2400 Japanese yen) (Created by Chikafumi Hodo; Editing by Edmund Klamann)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below