Securities watchdog seeks 500 mil. yen fine on Nikko

Securities watchdog seeks 500 mil. yen fine on Nikko

TOKYO, Japan - Nikko Cordial group Vice President Hiroaki Sugioka speaks during a news conference in Tokyo on Dec. 18 as Japan's securities authorities the same day recommended a largest-ever fine of 500 million yen against Nikko Cordial Corp. for falsifying its group's financial statement for fiscal 2004. (Kyodo)

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