Self-Regulation Activities

Disciplinary Action System

Update : Jan. 31, 2008

Self Regulation Punishment and Dealing with Offenders

Tokyo Stock Exchange Regulation handles any trading participant that violates the law or the stock exchange rules in accordance with article 34 of the official trading participant regulations. The "Disciplinary Committee" is an advisory body that, in addition to conducting inquiries, also handles penalty funds, censure, trading suspension, and limiting or canceling trading capabilities, etc.

Disciplinary Action System

Points of Note When Determining Disciplinary Action

With the goal of increasing company transparency and foresight, the Tokyo Stock Exchange Regulation has officially announced the following as particular points of concern when determining punishment for an offender.

Points of Consideration in Deciding Disciplinary Actions