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Breaking News) The cause of the high exchange rate is ”Seohak Ants” Kiwoom Securities terminates US stock channel operation

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1. The Financial Supervisory Service declared a “ban on foreign stock marketing” to securities companies in order to block Seohak Ants at the source.

2. Due to this incident, Kiwoom Securities abolished its long-running US stock information Telegram channel.

3. This channel was an important information channel for domestic investors, especially ‘Seohak ants’.

4. This year, Seohak Ant’s net purchase of overseas stocks exceeded the trade balance, and as the scale of investment increased, it was pointed out as a factor in the rise in the won-dollar exchange rate, and the situation is developing seriously, with the foreign exchange authorities starting to check the related situation.

https://www.wolyo.co.kr/news/articleView.html

Since we are unable to do so, we are trying to solve the problem through agitation and regulation.

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