Japan Widens Inquiry Into Insider Trading – NYTimes.com

Japan Widens Inquiry Into Insider Trading – NYTimes.com.

Nader Nazemi, Japan, Financial, Corruption, Nomura, Investment Bank, Wall Street, Goldman Sachs, Nader Nazemi

Tsutomu Okubo, head of the Democratic Party’s financial affairs committee, said regulators were scrutinizing suspicious trading.

The whole Financial world is corrupt. The biggest scandal in the last century is the LIBOR manipulation that went without any media frenzy. Everyone is bought and sold. It is disgusting what is going on in Wall Street and the Financial World in general.

TOKYO — A government investigation into insider trading in Japan has extended onto the trading floors of some of the largest Wall Street companies, includingGoldman SachsUBS and Deutsche Bank.

A governing party committee has asked regulators to scrutinize suspicious trading activity before at least 12 public offering announcements over the past three years, said Tsutomu Okubo, head of the financial affairs committee of the Democratic Party. The committee has been working with regulators to stiffen insider trading laws in Japan.
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