www.fsa.go.jp/sesc/news/c_2023/2023/20231205-1.html

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株式会社ストックジャパンに対する検査結果に基づく勧告について

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https://www.fsa.go.jp/sesc/news/c_2023/2023/20231205-1.html

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This page reports the Securities and Exchange Surveillance Commission's recommendation for administrative action against Stock Japan Co., Ltd. based on inspection findings. The company displayed fictitious profit cases in internet advertisements and misrepresented recommended stock performance by concealing sale dates while showing peak prices. Additionally, during investment advisory contract solicitations, it presented false prices before discounts, concluding 257 contracts. These violations occurred due to insufficient compliance awareness in the operations department and inadequate internal controls by management, resulting in insufficient internal checks over profit-focused sales activities.