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Revised Law to Allow Confiscation of Seed Money in Stock Manipulation Cases

Revised Law to Allow Confiscation of Seed Money in Stock Manipulation Cases

SEOUL, May 23 (Korea Bizwire) — Stock manipulators will face confiscations of not only illegal gains but also their seed money under a revised capital market law that seeks to raise the integrity of the market. The National Assembly on Friday approved a partial revision to the Financial Investment Services and Capital Markets Act aimed [...]