With overwhelming bipartisan support, on July 17 the U.S. House of Representatives approved the JOBS and Investor Confidence Act of 2018 (S. 488), also known as the JOBS Act 3.0. It aims to jumpstart startups [...]
For the last several months, the Financial Services Agency (the “FSA”) has worked toward strengthening the regulatory framework dealing with insider trading after Japan’s three major brokerage firms -- Nomura Securities Co., Ltd. (“Nomura”), SMBC [...]
On August 8, 2012, Nomura Holdings Inc. (“Nomura”) submitted a business improvement report to the Financial Services Agency (“FSA”) after being sanctioned for insider trading involving public financing for INPEX Corp, Mizuho Financial Group Inc. [...]