FSC Unveils Guideline on ‘Fractional Investment’ to Enhance Investor Protection

SEOUL, April 28 (Korea Bizwire) — South Korea’s financial regulator on Thursday unveiled a guideline on the operation of “fractional investment,” vowing to step up monitoring of the fast-growing industry. The Financial Services Commission (FSC) also said it will determine whether fractional investment has the nature of “securities” by “comprehensively” taking into consideration terms of [...]