Japan’s Financial Services Agency Weighs Tougher Insider Trading Rules
March 15, 2011 in World Securities Law Report
By a BNA Special Correspondent.
TOKYO—The Japanese Financial Services Agency is considering tougher insider trading rules in response to criticism over information leaks last summer about problems with new stock offerings by publicly listed companies.
Initially, the FSA’s policy committee, the Financial System Council, will launch a new working group that will review Japan’s insider trading rules, especially those related to “public disclosure of important facts,” an FSA official told BNA March 2, 2011…