The Securities and Exchange Surveillance Commission stated that Chiba Bank, its subsidiary securities firms, and Musashino Bank didn’t absolutely clarify the dangers related to monetary merchandise known as “structured bonds” that declare excessive yields however carry dangers. We really helpful to the Financial Services Agency that administrative motion be taken in opposition to the three firms for promoting them to clients up to now.
Source
Administrative disposition suggestion to three firms Surveillance Committee over “Structured Bonds” | NHK
