Japan's financial watchdog said Tuesday it has ordered the financing brokerage unit of Japanese online financial firm SBI Holdings Inc. to suspend operations for a month over illegal soliciting of funds from investors.The Financial Services Agency issued the business suspension order through July 7 against SBI Social Lending Co. after confirming that the unit had solicited funds from investors with false or misleading information in connection with several lending cases, as a third-party panel of the parent company found in late April.The social lending unit solicits funds from investors an…READ FULL ARTICLE
