BNP Paribas slammed by Japan FSA
BNP Paribas Securities (Japan) has received another rebuke from the Japanese Financial Services Agency (FSA), which has ordered a suspension of the French dealer’s activities in its global equities and commodity derivatives business between November 2–16.
The censure came in response to FSA findings that a trader at BNP Paribas had tried to change the price of a listed security in November 2008, along with the French dealer’s failure to submit suitable documentation in response to an earlier
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