1.   He also said Yamaichi will sue two Japanese publishers for reporting the brokerage compensated clients for losses.

2.   Japan made it illegal to compensate clients for losses after an earlier scandal, when Nomura and other big brokerages enticed big clients by promising them guaranteed returns.

3.   Nomura admitted compensating big clients a quarter of a billion dollars for trading losses against the rules of the Ministry of Finance.

4.   Others charged by the commission include a small, unlisted securities company accused of compensating clients for trading losses.

5.   Speculation that Yamaichi had large hidden losses from illegally compensating clients had circulated in the market for years.

6.   The company has lost several big clients since it admitted transferring profits to compensate a client linked to Japanese gangsters for losses.

7.   The panel awarded money to compensate the clients for their losses, but declined to award them punitive damages, which are designed to punish and deter corporate wrongdoing.

8.   The president and chairman of Nomura resigned, as did the president of Nikko Securities, which also admitted compensating clients.

9.   Under the supervision of prosecutors and bank regulators, Providian will have to identify and compensate clients who may have been harmed.

10.   Yamaichi yesterday said it will shut down because of financial problems that were caused in part by previously undisclosed losses racked up to compensate select clients for investment losses.