E Trade Japan suspended for 1 week?

Discussion in 'Retail Brokers' started by SethArb, Jun 23, 2002.

  1. TSE suspended E*Trade Securities CO., LTD. ("E*Trade") from trading in the TSE market in relation to commissioned sales and purchases of stocks of Brokerage Service Dept. (excluding trades to close margin transactions, etc.) from June 24 to 28, 2002 pursuant to the Trading Participant Rule.

    From January 15 to 19, 2001, the manager of Brokerage Service Dept. received the stock buying orders from customers knowing those orders are intended to create an artificial market without any reflection of the actual state of market. This act is deemed to be the E*Trade's act given the fact that E*Trade could have but did not prevent this situation.

  2. LOL.

    And there's plenty of tape painting, right here in the good ol' USA. Where's the suspensions?
  3. True ... True :D