President Lee Jaemyung: "Losing Everything from Stock Price Manipulation Is No Empty Threat... Invest Properly"

Yonhap News Agency

On January 14, President Lee Jaemyung issued a warning, stating, "Losing everything due to stock price manipulation is not an empty threat," and urged people to "invest properly."

President Lee made this statement through his social media account on the same day. He also attached a news article reporting that the joint response team for eradicating stock price manipulation will be reorganized into a two-team system and its personnel will be roughly doubled.

On December 19 of last year, during a work briefing from the Financial Services Commission, President Lee emphasized, "The biggest cause is the lack of trust in market transparency. We must make it clear that those who engage in stock price manipulation or illegal trading in the Korean market will lose everything."