Article: Japanese regulator looks to fine Morgan Stanley for market manipulation

Article - Media

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.

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Article: SESC Proposes $1.9m Fine for Morgan Stanley MUFG over Market Manipulation

Article - Media

SESC Proposes $1.9m Fine for Morgan Stanley MUFG over Market Manipulation

Finance Magnates, 12 June 2016

Japan’s financial market watchdog, the Securities and Exchange Surveillance Commission (SESC), today recommended fining Morgan Stanley MUFG Securities for alleged market manipulation related to shares of railway operator, Seibu Holdings, according to a Reuters report.

SESC has recommended that the Financial Services Agency (FSA) imposes a penalty of ¥220 million ($1.9 million), as revealed in a statement posted on its website.

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