Ex-TSE Employee, Father Ruled Guilty of Insider Trading

Tokyo, May 9 (Jiji Press)--Tokyo District Court on Friday found a former Tokyo Stock Exchange employee and his father guilty of insider trading. Judge Takao Okawa sentenced the former TSE employee, Keito Hosomichi, 27, and his father, Masato, 58, each to 18 months in prison, suspended for three years, and a fine of 1 million yen for violating the financial instruments and exchange law. As d...

Ex-TSE Employee, Father Ruled Guilty of Insider Trading
Tokyo, May 9 (Jiji Press)--Tokyo District Court on Friday found a former Tokyo Stock Exchange employee and his father guilty of insider trading. Judge Takao Okawa sentenced the former TSE employee, Keito Hosomichi, 27, and his father, Masato, 58, each to 18 months in prison, suspended for three years, and a fine of 1 million yen for violating the financial instruments and exchange law. As d...