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SECURITIES

<i> Times Staff and Wire Reports</i>

NYSE Fines Nomura Securities $1 Million: It was the third-largest fine in New York Stock Exchange history and the largest ever levied by the nation’s biggest stock market against a foreign brokerage. The actions cited by NYSE involved filing inaccurate financial reports and other violations. Nomura is owned by Japan’s Nomura Securities Co., the world’s biggest brokerage. In a monthly report on disciplinary actions against member firms, the exchange said Nomura had consented to the fine and other penalties without admitting or denying guilt.


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