South Korea's FSC Strengthens Market Oversight With AI Surveillance and Expanded Enforcement Powers on July 8

According to South Korea's Financial Services Commission (FSC), on July 8, the regulator announced enhanced enforcement measures to combat unfair trading practices in capital markets. The FSC will grant investigators the authority to request telecommunications data, introduce an AI-based market surveillance system, and expand asset forfeiture powers beyond stock price manipulation to include misuse of material nonpublic information and other prohibited transactions. The policy overhaul marks the one-year anniversary of the joint task force established to crack down on market manipulation.
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