Japan's Regulator Targets Former TSE Employee for Insider Trading

Reported about 16 hours ago

Japan's securities regulator has filed a complaint against a former Tokyo Stock Exchange employee and his father for alleged insider trading, utilizing non-public information about Lawson Inc. and other companies. The TSE terminated the employee's contract, and the commission is also pursuing charges against a member of the Financial Services Agency involved in similar activities. This incident adds to the growing list of scandals shaking the trust in Japan's financial sector.

Source: YAHOO

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