Japan’s biggest online brokerage SBI punished for market rigging
[ad_1] SBI Holdings' brokerage arm was temporarily banned from some trades related to initial public offerings after Japan’s financial regulator said it manipulated stocks, in the country’s second major trading scandal in recent years.The Financial Services Agency on Friday instructed the nation’s biggest online broker SBI Securities not to solicit trade orders from clients for shares on the day they list. The curbs are effective through Jan. 18. Officials also […]