Reuters – Japan Advisory will have the opportunity to challenge insider trading charges against the Tokyo-based hedge fund at a hearing on October 17, the country’s financial regulator said on its website on Wednesday.
The case against Japan Advisory was one of five announced this year by the securities watchdog, the Securities Exchange and Surveillance Commission (SESC), in a high-profile crackdown on insider trading ahead of public share offerings, a near endemic problem that had gone unchecked in Japan for years.
