FSS, CMA unfair income securities sanctions ... Daewoo Mirae 'organizations warning'

[Korea goyounghun financial newspaper reporter] Financial Supervisory Service issued a warning to the disciplinary authority of Mirae Asset Investment treat customers with respect to discretionary wealth of misconduct. Also NH Investment & Securities has had hits with oil measures the agency attention.

The FSS said it decided thus in the sixth Sanctions Committee held in the last 20 days. Those relating to securities investments and client assets entrusted wrongful act of the day with a total of four companies FSS was hearing inside the division tests measures such as Daewoo, Mirae Asset, NH Investment & Securities, Yu hits Securities, Korea Investment and Securities.

Review the results of these four companies turned out to have been deposited in the customer's discretionary investment property (one imhyeong CMA funds) and the Korea Securities Finance provides the unfair property income (rebate). Securities finance, despite these securities pay a lot more interest in the last CMA deposit securities will not give back to the customer.

FSS for such misconduct Daewoo Mirae agencies warning, NH Investment & Securities has decided as oil hits for sanction of such care institutions.

Officers, seven received a rebate dwaeteumyeo attention pay cut measures in seven other employees thought was notified of the voluntary action. It also imposed fines about the four companies, including Daewoo, Mirae Asset, NH Investment & Securities, Yu hits Securities, Korea Investment and Securities.

The appeal decision of the FSS is not legally binding, the content is finalized soon sanctioned by the FSS Section payments.



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