• Kyodo News

  • SHARE

The Securities and Exchange Surveillance Commission urged the Financial Services Agency to fine a Japanese business consultant ¥1.29 million for allegedly engaging in insider stock trading by taking advantage of information obtained conducting due diligence on targets of corporate acquisitions.

It is the first reported case of insider trading based on information illegally obtained through due diligence.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW