SESC Latest Topics No.40«December 2017»
Last Updated : December 14, 2017
What’s New on the SESC Website
(Month of December 2017)
This page contains the latest in events, developments, and updates to the SESC website.
Press Releases
(Following press release is available in Japanese)
Financial Instruments Businesses etc.
December 12, 2017: | Recommendation for an administrative disciplinary action against Iwai Cosmo Securities Co.,Ltd. «Summary» The SESC recommended that the prime minister and the commissioner of the FSA take an administrative disciplinary action against Iwai Cosmo Securities Co.,Ltd. (hereinafter the “Company”), a Type I and Type II Financial Instruments Business Operator. |
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November 7, 2017: |
«Summary» Based on an inspection of NGI Capital LLC., FC Capital LLC. and E-RA Capital Inc. (hereinafter the “Companies”), each being a Specially Permitted Business Notifying Person, the SESC identified that (i) the Companies had engaged in type II financial instruments business without statutory registration. |
October 24, 2017: | Petition for a court injunction against a manager of FGX LIMITED «Summary» The SESC filed a petition with the Tokyo District Court for an injunction against a manager of FGX LIMITED, a director of FGX LIMITED, to prohibit and suspend him from conducting the following activities. Based on an investigation of FGX LIMITED, the SESC identified that the director had engaged in Type I financial instruments business without statutory registration. |
October 13, 2017: | Recommendation for an administrative disciplinary action against The Yutaka Securities Co., LTD. «Summary» The SESC recommended that the prime minister and the commissioner of the FSA take an administrative disciplinary action against The Yutaka Securities Co., LTD. (hereinafter the “Company”), a Type I and II Financial Instruments Business Operator. |