FSS, International Golf entertaining offers penalty imposed on Shinyoung Securities

[Korea goyounghun financial newspaper reporter] had imposed a fine on the authorities to provide financial Shinyoung Securities golf entertainment or travel expenses and trading company to win a bond trading, brokerage transactions.

The FSS said the action points in the last 13 days Shinyoung Securities Capital Markets Act Article 71 seventh respectively on charges of reprimand and autonomous process requires two people to 37.5 million won fine and staff in violation of such.

Shinyoung Securities in the seventh to approach with respect to bond trading, brokerage during the period from June 2010 to October 13, 2012 provided the first two-day international golf hospitality to all bank employees or to the family travel expenses, etc. It provided an unfair advantage over total worth of 26.96 million won.



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