Japanese bank Mizuho to pay charges brought by the SEC

Note: This section contains information in English only.
Source: BBC
Mizuho Financial has to pay $128m for its US subsidiary inflating financial instruments' value. The charges were initiated by the US Securities and Exchange Commission and are based on the collateral debt obligation value. It was stated that the company passed off lesser value and displayed risky assets as stable ones. Both parties have neither admitted nor denied ascertained fine.

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