ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Market manipulation? SMBC Nikko probe hinges on intent

Brokerage and 6 ex-execs face lengthy courtroom battle

SMBC Nikko Securities is the first major brokerage in Japan to be charged with market manipulation. (Photo by Karina Nooka)

TOKYO -- Ten months after Japanese authorities first raided the headquarters of SMBC Nikko Securities, the company and six former executives have been indicted over allegations of market manipulation.

With the criminal investigation concluding, the focus shifts to whether prosecutors can prove that those involved had intentionally violated the law.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more