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Financial Supervisory Service inspects the status of overseas investments of securities companies

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However, financial authorities maintain that this measure is not a regulation on overseas investment. Lee Chan-jin, head of the Financial Supervisory Service, said at a press conference that day, “This does not mean that we will regulate overseas investment itself, but that we will look into sales practices such as the leverage structure within securities companies, whether foreign exchange risk is explained, and the internal control system.” He added, “We are mindful of criticism that we may be taking a discriminatory approach to Seohak Ant.”

Personally, what I dislike most about this overseas investment is that people who invest overseas are treated like idiots. “”A fool who invests overseas because it looks cool” “”A fool who invests after being tricked by a securities company””

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