Japan regulators recommend $22 million fine on Nissan

  • Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) over the under-reporting of compensation of its former chairman, Carlos Ghosn.
  • Nissan Motor Co. said it accepted the penalty and had corrected its securities documents in May, although its final decision will come after it receives official notice.
  • Nissan was charged earlier with under-reporting Ghosn’s compensation.

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