South Korea Fines 15 Bond Dealers 1.6 Trillion Won for Collusion
South Korea's Fair Trade Commission said it levied the fines on 15 domestic brokerage firms and banks for colluding at government bond auctions from January 2020 to June 2023.
South Korea's Fair Trade Commission said on Wednesday that the regulator levied fines totalling 1.6 trillion won ($1.2 billion) on 15 domestic brokerage firms and banks for colluding at government bond auctions for more than three years.The regulator said that from January 2020 to June 2023, the 15…