Kim Geun-sung

Rule Changes

Announced the bond-rigging penalty on November 11, 2026

For three and a half years, the banks and brokers that buy South Korean government debt spoke by phone and Telegram in the minutes before auctions closed. On November 11, the Korea Fair Trade Commission (KFTC) put a price on that coordination: 1.63 trillion won, about $1.22 billion.

Updated Yesterday