41. In a separate report, the Long-Term Credit Bank of Japan said it had misreported some securities transactions at its New York subsidiary to U.S. authorities. 42. In that scandal, a trader at the bank allegedly conducted unauthorized securities transactions and faked records to cover up the trades. 43. It also wants to scrap a tax on securities transactions to boost the sagging stock market, freeze the collection of land taxes to stimulate the moribund property market. 44. It also wants to scrap a tax on securities transactions to boost the sagging stock market and freezing the collection of land taxes to stimulate the moribund property market. 45. Meanwhile, the dollar initially rallied against the German mark as the Bundesbank reduced its repo rate, the interest on short-term securities transactions. 46. The government is also set to abolish taxes on securities transactions and commissions at some exchanges, Watanabe said. 47. The LTCB scandal centers around a trader at the bank who allegedly conducted unauthorized securities transactions and faked records to conceal the trades. 48. The Senate bill imposes tougher penalties for fraud and other serious violations in securities transactions such as insider trading and price manipulation. 49. Except for treasury bonds, turnover of all kinds of securities transactions on the SSE rose during the period, the Shanghai Securities News daily reported. 50. The Bundesbank explained the big increase in the surplus on the long-term capital account by trends in securities transactions. |