Press Conference by Taro Aso, Deputy Prime Minister, Minister of Finance, and Minister of State for Financial Services
(Excerpt)
(Tuesday, March 24, 2015, 8:54 am to 9:08 am)
[Opening statement]
Today, the Cabinet approved the Bill for amendment of the Financial Instruments and Exchange Act. The bill is designed to be a comprehensive response to the situation in recent years concerning specially permitted fund businesses for so called “professional investors.” It will ensure that the funds are trusted and smoothly supply with growth money, and that investors are protected. Measures to prevent investors being harmed need to be taken at an early stage, so I would like the Diet to deliberate and pass the bill soon.
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