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Yes, Hyakugo Securities is regulated by the Financial Services Agency (FSA) in Japan. This means the firm operates within the legal framework set by the Japanese government, ensuring adherence to financial regulations that provide a high level of investor protection. From my perspective, FSA regulation is a strong indicator of legitimacy and safety for investors, offering reassurance that the firm follows stringent operational guidelines. However, given the specialized services they offer, such as hedge fund management, it’s essential to confirm the full scope of services and fees directly with them.