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Jan 11, 2024 20:18 (JST)
Tokyo, Jan. 11 (Jiji Press)–Japan’s Financial Services Agency plans to order SBI Securities Co. to suspend some operations soon for manipulating share prices at initial public offerings, people familiar with the matter said Thursday.The largest online brokerage house in Japan will likely be barred from soliciting buyers of IPOs. It will also be ordered to enhance its internal control and to regularly report on preventive efforts.SBI Securities had its Hong Kong arm and business partners ask institutional and…
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