Chairman of the Financial Services Commission Lee Eog-weon attends a meeting of a joint task force to detect and investigate illegal and unfair stock trading in Seoul, Wednesday. Yonhap
The head of Korea's financial regulator on Wednesday pledged to step up efforts to crack down on stock manipulation and other unfair trading practices.
Lee Eog-weon, chairman of the Financial Services Commission (FSC), made the remarks during a ceremony marking the first anniversary of a joint task force established to detect and investigate illegal and unfair stock trading.
The joint task force, comprising officials from the FSC, the Financial Supervisory Service (FSS) and the Korea Exchange, was launched in July last year.
"The joint task force has been at the forefront of protecting trust in the capital market by swiftly detecting illegal activities and imposing strict sanctions," Lee said.
