On March 19 2002, in order to maintain business relations with a certain corporate customer, Credit Agricole solicited securities transactions from that customer by promising to waive a claim that, according to the contract between Credit Agricole and the customer, the customer was to pay as a result of the cost arising from the customer's failure to deliver stocks for a prior transaction.
The above acts are found to be a ''solicitation with promise of special benefit'' as determined in Article 4(ii) of the Cabinet Office Ordinance Concerning Regulation, etc. of Conducts of Securities Company, and thus to have violated the Article 42 (1) (ix) of the Law.
