Why Lee Ordered Rethink of ISA and 'Stock Price Suppression' Rules
3 Articles
3 Articles
Why Lee ordered rethink of ISA and 'stock price suppression' rules
President Lee Jae Myung ordered a full review of the government's proposed overhaul of individual savings accounts (ISAs) and measures targeting the deliberate suppression of share prices. The order came on Friday, just four days after the government unveiled its tax reform plan on Aug. 3. What went wrong? Cuts to existing ISA benefits ISAs offer tax breaks on interest and dividend income, making them a widely used vehicle for retail investors s…
The ruling and opposition parties expressed contrasting views regarding President Lee Jae-myung's order to reconsider the government's reform plan for Individual Savings Accounts (ISA) and the bill to prevent stock price manipulation. While ruling party lawmakers welcomed the President's direct recognition of the issues and his taking of action, the opposition launched an offensive, arguing that the President is shifting the blame for flawed pol…
(Seoul = Yonhap News) Reporter Kim Jeong-jin = Democratic Party lawmakers Lee Eon-ju, Lee So-young, and Lee Hoon-gi [regarding] President Lee Jae-myung's government's Individual Savings Account (ISA) reform plan and stock prices ...
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