Enforcement record
Recommendation disclosure naming 立花証券株式会社
This page records one action from a Japanese government disclosure, including the published name, governing law, authority, action details, and official source.
Action type
Recommendation
Law
Financial Instruments and Exchange Act
Authority
Securities and Exchange Surveillance Commission
Action date
28 March 2025
Current page: Enforcement record
This screen focuses on one disclosed action: the published name, governing law, authority, facts, source status, and review evidence.
Source verification
Public-source and preservation status
- Publishing authority
- Securities and Exchange Surveillance Commission
- Official source URL
- Recorded by RegBase
- Entity match
- Not confirmed; shown under the published name
- Kiroku preservation
- Queued for preservation
- Captured: Jul 12, 2026, 02:52 PM JST
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Action summary
- Company
- 立花証券株式会社Japanese onlyOriginal: 立花証券株式会社
- Governing law
- Financial Instruments and Exchange Act金融商品取引法
- Action type
- Recommendation勧告
- Action date
- 28 March 2025
- Issuing authority
- Securities and Exchange Surveillance Commission証券取引等監視委員会
- Industry context
- 証券業
Violation
In soliciting domestic stocks to elderly customers (75 years and older), acts included providing false information, making statements that could lead to misunderstandings about important matters, accepting sell orders without accurately explaining the amount of losses, emphasizing tax-saving benefits through loss offsetting strategies, and conducting one-sided trading solicitations in a short period to obtain passive consent and repeatedly accepting buy and sell orders.
Show original Japanese text
高齢顧客（75歳以上）に対する国内株式の勧誘において、虚偽のことを告げる行為及び重要な事項につき誤解を生ぜしめるべき表示をする行為、また、損失額について正確に説明しないまま売却注文を受託した事例や、損益通算による節税メリットを強調した損切り乗換勧誘、短時間で一方的に売買取引の勧誘を行い受動的な承諾のみを得て繰り返し売買を受注した事例などが含まれる。
Compliance context
MediumA regulator issued a recommendation or formal request for corrective action.
Financial markets law covering securities, investment services, disclosure, and market conduct.
Review the facts and follow-up status. This is usually less severe than a suspension or revocation, but still a public enforcement signal.
This context is an operational aid for review workflows, not a credit opinion or legal conclusion.
Language
日本語版を見る (Japanese)About this recordAggregated and translated from public Japanese government disclosures. The English text is for reference only — authoritative content is the linked Japanese source.