SMBC Nikko Securities, which received administrative sanctions from the Financial Services Agency over market manipulation incidents, was fined 300 million yen, the largest number ever, as a fine for negligence. I took a disposition to order payment, etc.
SMBC Nikko Securities was ordered to suspend some operations for three months in October by the Financial Services Agency over the market manipulation incident.
On the 20th, the Tokyo Stock Exchange ordered the company to pay a record 300 million yen as a fine for negligence, arguing that this act damaged the fairness of the market and significantly damaged the trust of the exchange. have been disposed of.
In addition, I ordered a suspension of buying and selling stocks, etc. with my own funds for five days from the 16th to the 20th of next month.
The Osaka Exchange also issued a warning to the company.
The Tokyo and Osaka exchanges are asking the company to submit a report that includes measures to prevent recurrence.
Regarding the disposition, SMBC Nikko Securities commented, "We deeply apologize for taking this seriously. We will steadily implement measures to improve and prevent recurrence, and strive to restore trust."