JPMorgan targeted in Japan insider trading: report | Bangkok Post: news

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JPMorgan targeted in Japan insider trading: report

Japanese regulators are probing JPMorgan for its alleged role in a high-profile insider trading case, Dow Jones Newswires reported Wednesday, the latest bad news for the embattled US investment bank.

Japanese regulators are probing JPMorgan for its alleged role in a high-profile insider trading case, Dow Jones Newswires reported Wednesday, the latest bad news for the embattled US investment bank.

The Securities and Exchange Surveillance Commission (SESC) recommended Tuesday that an asset manager be fined for short-selling Nippon Sheet Glass shares after illegally obtaining information ahead of a stock sale JPMorgan was underwriting.

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