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- Disciplinary Actions -2008-
Disciplinary Actions
Disciplinary Actions -2008-
Update : Aug. 11, 2009
We require trading participants to comply with laws and regulations, and impose a penalty such as fine on trading participants that violated the laws and regulations.
| Date | Trading Participant | Violation | Disciplinary Action |
|---|---|---|---|
| January 25, 2008 | Tachibana Securities Co.,Ltd. | An act of accepting orders without providing documents that explain the company’s best execution policy | Censure |
| December 26, 2007 | Maruhachi Securities Co., Ltd. | Conclusion of a contract to manage a discretionary account | Fine of JPY 30 million |
| December 18, 2007 | MIzuho Securities Co., Ltd. | An act of obtaining undisclosed customer information from a parent bank and using the undisclosed information for solicitation purposes | Censure |
| October 12, 2007 | Toyo Securities Co., Ltd. | Order acceptance without providing best execution policy | Censure |
| October 12, 2007 | Dojimakanto Securities Co., Ltd. | Insufficient transaction-monitoring system to prevent customers from unfair trading | Censure |
| August 10, 2007 | Rakuten Securities, Inc. | Insufficient degree of control of electronic information processing system | Censure |
| August 10, 2007 | Eiwa Securities Co., Ltd. | An act of making purchase or sales transactions with the purpose of making the price fluctuate | Fine of JPY 12 million |
| June 1, 2007 | H.S. Securities Co., Ltd. | Underwriting at an extremely low price | Censure |