Korea's financial regulator just dropped preliminary warnings on five banks. The issue? They allegedly mishandled sales of equity-linked securities. Regulators are tightening their grip on how these complex products get marketed to investors.
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NotSatoshi
· 11-30 06:19
Here they come again, the five major banks in South Korea are under scrutiny again... this time it's the mess of structured products.
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SelfCustodyBro
· 11-28 09:38
Here we go again, South Korea is cracking down on some complicated product marketing. Why can't these banks learn?
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BankruptWorker
· 11-28 09:38
Here we go again, South Korea is investigating the sale of financial products by banks... These complex products need regulation.
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OnchainDetective
· 11-28 09:33
It has long been apparent that the trading models of these five banks are exceptionally suspicious. The sales pitch for complex derivations simply cannot withstand on-chain data verification. The suckers still think they are dealing with a legitimate operation.
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MechanicalMartel
· 11-28 09:22
Here we go again, Korea is going to investigate banks... Structured products are originally tools that trap retail investors.
Korea's financial regulator just dropped preliminary warnings on five banks. The issue? They allegedly mishandled sales of equity-linked securities. Regulators are tightening their grip on how these complex products get marketed to investors.