Japanese regulator looks to fine Morgan Stanley for market manipulation
Hayley McDowell
The Trade, 6 December 2016
Japan’s Securities and Exchange Surveillance Commission (SESC) has recommended that Morgan Stanley be fined based on the findings of an investigation into market manipulation.
The SESC found a trader at Morgan Stanley had placed orders and conducted trades on the Tokyo Stock Exchange over a 14-day period in October 2015, without intention to execute.
