Nomura says employee under probe for insider trading

Mon Apr 21, 2008 8:50pm EDT
 
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TOKYO, April 22 (Reuters) - Japan's securities watchdog is investigating an employee of Nomura Holdings (8604.T: Quote, Profile, Research, Stock Buzz) on suspicion of insider trading, Japan's largest brokerage said on Tuesday.

The Nikkei business daily reported earlier that the Securities and Exchange Surveillance Commission (SESC) has launched an investigation into a group employee and two others on suspicion they made roughly 40 million yen ($387,600) from trading on insider information. [ID:nT288698] ($1=103.20 Yen) (Reporting by Aiko Hayashi)

 

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