(Provisional translation)
December 15, 2011
Financial Services Agency

Publication of the Report by the “Working Group on Insider Trading Regulations” of the Financial System Council

The “Working Group on Insider Trading Regulations” of the Financial System Council (chairman Hideki KANDA, professor, Graduate Schools for Law and Politics, University of Tokyo) has deliberated five times regarding Material Facts about Pure Holding Companies, etc., since July, 2011.

Based on these deliberations, the working group has compiled and published a report titled “Revision of Insider Trading Regulations Corresponding to Grouping of Companies”(Attachment).

This report will be reported at the General Meeting and the Sectional Committee on Financial System of the Financial System Council.

Attachment(PDF:111KB)

Reference(PDF:44KB)