Svmuu News: Amidst a severe crackdown and centralized remediation in China, Japanese brokerage moomoo Securities Co., Ltd., a subsidiary of Futu Holdings, has also been singled out by regulators in Japan. On June 5, the Securities and Exchange Surveillance Commission of Japan released its inspection findings on moomoo Securities, identifying multiple issues in areas including the sale of NISA (Nippon Individual Savings Account) products, customer asset transfers, anti-money laundering reviews, and system risk management. The commission has recommended that the Financial Services Agency and other regulatory bodies impose administrative penalties on the firm. (Caixin)