SFC Refers and Notifies Prosecutors of Three Unfair Trading Cases, Including Representative Market Manipulation
3 Articles
3 Articles
(Seoul = Yonhap News) Reporter Kang Ryu-na = At its 17th regular meeting, the Securities and Futures Commission under the Financial Services Commission [discussed] three violations, including the use of undisclosed material information and violations of the prohibition on market manipulation...
A corporate representative and others have been caught by financial authorities for sharing undisclosed information obtained during the process of acquiring management rights of a listed company with acquaintances to use for stock trading. The Securities and Futures Commission (SFC), under the Financial Services Commission, announced on the 30th that it had notified and filed complaints with the prosecution regarding three cases of unfair capita…
Those who obtained illicit profits through insider information or market manipulation have been handed over to the prosecution.
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