Securities and Futures Commission Files Complaint with Serious Crimes Investigation Agency Against Insider Who Obtained Illicit Gains Using Undisclosed Information
4 Articles
4 Articles
Insiders who obtained illicit profits by exploiting undisclosed material information, such as large-scale paid-in capital increases involving changes in management control, have been caught by authorities. The authorities have filed charges against and notified the individuals involved to the Serious Crimes Investigation Agency (SCA) on charges of violating the Capital Market Act. Additionally, secondary recipients who received and utilized the …
Investors suspected of pocketing illicit profits worth approximately 1.2 billion won by purchasing shares after obtaining advance information about the paid-in capital increase of entertainment agency Artist Company have been handed over to investigative authorities. According to a synthesis of the Financial Services Commission's announcement on the 28th and industry coverage, the Securities and Futures Commission held a regular meeting on that …
(Seoul = Yonhap News) Reporter Kim Ji-yeon = Insiders who obtained illicit profits by using undisclosed information, such as large-scale paid-in capital increases involving changes in management control, have been caught by authorities.
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