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This page announces a recommendation by the Securities and Exchange Surveillance Commission regarding inspection results for F-Port Co., Ltd. The company's salespeople made false statements to customers about advisors being "active billion-yen traders," provided misleading investment performance data, and misrepresented maximum loss rates at 12% when actually 46.2%. The company also falsely implied that the Shikoku Financial Bureau endorsed its safety and advice quality, misrepresented a 12.3% actual churn rate as "under 1%," and overstated contract numbers as exceeding 10,000 when actually 3,058. These violations of the Financial Instruments and Exchange Act warranted administrative action recommendations.
