The Japanese Securities and Exchange Surveillance Commission (SESC) today announced that it has lodged a criminal complaint against a former employee of Tokyo Stock Exchange, Inc., a subsidiary of Japan Exchange Group, Inc. (JPX), to the Tokyo District Public Prosecutors Office on suspicion of violating the Financial Instruments and Exchange Act (information transmission).
JPX has dismissed the former employee, effective today, in accordance with internal regulations.
JPX has established an Independent Directors’ Investigation Committee to investigate this matter in parallel with the investigation by the SESC. The Committee is currently evaluating and verifying the employee education and training systems, business processes, and information management systems in relation to this incident.
JPX Group is…
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