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Thursday, May 31, 2012

JPMorgan probed in 2010 Japanese insider trading - Taipei Times

JPMorgan probed in 2010 Japanese insider trading - Taipei Times


Japanese regulators are probing JPMorgan for its alleged role in a high-profile insider trading case, Dow Jones Newswires reported yesterday, the latest bad news for the embattled US investment bank.
The Securities and Exchange Surveillance Commission (SESC) recommended on Tuesday that an asset manager be fined for short-selling Nippon Sheet Glass shares after illegally obtaining information ahead of a stock sale JPMorgan was underwriting.

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