Financial Supervisory Service, on-site inspection of Shinhan and Kiwoom Securities...check for mis-selling of JTBC corporate bonds
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The Financial Supervisory Service building in Yeouido, Seoul.
The Financial Supervisory Service building in Yeouido, Seoul. Kyunghyang Shinmun data photo The Financial Supervisory Service has begun an inspection to check for incomplete sales by securities firms that supervised or sold the corporate bond issuance of JTBC, which declared default on the 2nd. On this day, the Financial Supervisory Service began an on-site inspection of Shinhan Investment & Securities and Kiwoom Securities. It is asking investors whether these securities firms issued corporate bonds fully aware of the risk of JTBC's financial deterioration.
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