JPMorgan Chase & Co. faces a new regulatory headache, as Japan’s securities watchdog is probing the company for possibly leaking insider information, according to a person familiar with the matter.
JPMorgan was a lead underwriter for Nippon Sheet Glass Co. in 2010 when the Japanese glass maker issued new shares, and the company’s stock dropped sharply in the days leading up the announcement.
via JPMorgan Chase Reportedly Eyed in Japan Insider Probe – American Banker.
