Nomura subject to further sanctions
On Monday, the Osaka Exchange (OSE) issued a fine of 60 million yen against Nomura Securities for unlawful trading of Japanese government bond futures conducted in March 2021. The OSE also announced the suspension of the company’s proprietary trading of government bond futures and government bond futures options from December 25, 2024 to December 27, 2024.
In addition, the Tokyo Stock Exchange (TSE) issued a reprimand against the Nomura Securities in relation to these transactions.
On Wednesday, the Japan Securities Dealers Association (JSDA) issued a fine of 30 million yen against Nomura Securities for the same Japanese government bond futures transactions conducted in March 2021.
Japan’s Financial Services Agency had previously issued an administrative monetary penalty payment order of 21.76 million yen a against the company on October 30, 2024.
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