The FSS conducted a search and seizure operation at NH Investment & Securities, Korea Investment & Securities and KRX last month.
April 4, 2024The class action is against semiconductor company FADU and its underwriters, NH Investment & Securities and Korea Investment & Securities.
March 21, 2024A number of CEOs and former CEOs were sanctioned over the mis-selling of funds tied to Lime Asset Management and Optimus Asset Management.
November 30, 2023The three securities firms hope to share costs and gain economies of scale to attract more issuers for STOs.
October 4, 2023Search and seizure operations were carried out at two securities firms on Thursday. Additional inspections at a third firm.
September 1, 2023NH Investment & Securities cannot sell new private equity funds for three months. Hana Bank cannot be appointed as a fund trustee for three months.
March 4, 2022The FSC has also fined Optimus and ordered board member removals, over "numerous counts of violations and inappropriate fund management activities".
November 26, 2021Brokerages and banks are starting to suspend new lending for stock and housing investments to rein in household debt.
August 26, 2021A new fund management company is being set up to take over and manage funds previously operated by Optimus Asset Management.
June 29, 2021The FSS has estimated that 160bn won of investor funds has vanished and only up to 15% of the remaining 350bn won could be recoverable.
November 12, 2020