After losing big time in the 2007-2009 bear market, and short-term in the current market correction, they are under pressure from their investors to take less risk.
Nomura Research said in a note from Hong Kong that nearterm downward pressure on Japanese stocks looks inevitable, but that a serious correction was unlikely.
The Securities and Exchange Commission, under pressure to curb the trading abuses that many blame for the severe market correction last fall, ended a two-day meeting on short-selling and stock lending Wednesday without making any concrete pledges to change regulations.