Unfair Gains from Capital Market Unfair Trade Exceed 1 Trillion Won Over 2 Years... 632.7 Billion Won Last Year

[Asia Economy Reporter Lee Jung-yoon] It has been confirmed that the unfair profits from the three major unfair trades in the capital market?price manipulation, fraudulent trading, and insider trading?have exceeded 1 trillion won over the past two years.

According to data on the "Status of the Three Major Unfair Trades in the Capital Market over the Past Two Years" submitted by the Financial Supervisory Service to Kim Hoe-jae, a member of the Democratic Party of Korea, the amount of unfair profits generated from the three major unfair trades from 2020 to last year reached 1.012 trillion won.

The amount of unfair profits generated last year was 632.7 billion won, which is an increase of 253.4 billion won compared to the previous year.

A total of 97 cases of price manipulation, fraudulent trading, and insider trading were detected over the past two years. There were 57 cases in 2020 and 40 cases in 2021.

By type, fraudulent trading decreased from 28 cases in 2020 to 12 cases last year, and price manipulation decreased from 17 cases to 10 cases, but insider trading increased from 12 cases to 18 cases.

The amount of unfair profits per case of the three major unfair trade incidents also more than doubled, increasing from 6.65 billion won in 2020 to 15.82 billion won last year.

This content was produced with the assistance of AI translation services.