[Bills in Focus] Targeting deceptive gains from convertible bonds, retrieving short-swing profits
Proposed bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Lee Wong-woo (Democratic Party of Korea) To prevent the exploitation of callable convertible bonds (CB) for deceptive gain and power, this amendment prohibits stock-listed corporations from selling the call options of the CB or bonds with warrant (BW) to their largest shareholder or affiliated persons. It al...
Futures Commission Financial Service Commission Financial Investment Services Kim Democratic Party Of Korea Lee Democratic Party Of Korea Yun Chang Hyun People Power Party
Source: koreaherald.com