Recommends punishment for stock trade manipulation * Says gave inadequate report on Urban to FSA * Japan unit could face order to suspend operations - media TOKYO, Oct 16 (Reuters) - Japan's securities watchdog said it recommended disciplinary action against BNP Paribas (BNPP.PA) for stock trade manipulation and for failing to report fully to financial regulators about a convertible bond trade. The Securities and Exchange Surveillance Commission (SESC) has been investigating allegations of market manupulation in share trading by the French bank. The Asahi newspaper reported this week that the SESC may recommend a suspension of operations....
[read full story]
powered by 