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TSE to adopt rules for penalties on illegal EB-related deals.

Publication: Japan Weekly Monitor
Publication Date: 18-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 12 Kyodo

The Tokyo Stock Exchange (TSE) will work out rules to punish member securities houses that have engaged in illegal transactions related to high-risk, high-return exchangeable bonds (EBs), exchange officials said Tuesday.

Clear, written rules are necessary in the wake of punishments taken by financial regulators...

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