Market News
Oct. 11, 2022 TSE TSE Imposes Regulatory Action against SMBC Nikko Securities Inc.
Tokyo Stock Exchange, Inc. (hereinafter "TSE") has taken regulatory action against SMBC Nikko Securities Inc. (hereinafter the "Company"), as indicated below, pursuant to Rule 39 of the Trading Participant Regulations.
Details
TSE suspends trading of securities on TSE concerning all the operations related to block offer business including solicitation, consignment, and executions of the Company with the exception of specific work approved by the Financial Services Agency (hereinafter "FSA") during the period between October 7, 2022 and January 6, 2023.
Reason
The Company has received an order from FSA to suspend operations, as indicated below, pursuant to Article 52, Paragraph 1 of the Financial Instruments and Exchange Act.
- All the operations related to block offer business including solicitation, consignment, and executions with the exception of specific work approved by FSA, must be suspended during the period between October 7, 2022 and January 6, 2023.
- ･DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc., Osaka Exchange, Inc., Japan Exchange Group, Inc., and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.
Contact
Tokyo Stock Exchange, Inc. Trading Participant Office,
TEL:+81-(0)3-3666-0141 (Operator)