Korea Exchange Employee Fined 69.3 Million KRW for Violating 'Trading Restrictions'
Employees of the Korea Exchange who violated internal trading restrictions and engaged in stock trading were fined by financial authorities.
On the 10th, the Financial Services Commission notified 39 Korea Exchange employees of a total fine of 69.3 million KRW for violating the 'Trading of Financial Investment Products by Executives and Employees' regulation on the 27th of last month.
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According to the Capital Markets Act, financial institution workers must use only the accounts reported to their affiliated institutions when purchasing listed stocks. However, the employees caught this time were found to have used unreported accounts or family members' accounts.
This content was produced with the assistance of AI translation services.
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