TREE NEWS update: South Korea’s Financial Services Commission and Financial Supervisory Service said online and social media rumors about additional KOSDAQ market measures allegedly due to be announced on Nov. 13 are completely false. The regulators warned that spreading unfounded rumors may constitute unfair trading under the Capital Markets Act and that authorities will deal strictly with any violations found. They urged investors to avoid decisions based on unverified rumors and to confirm policy through official channels.
South Korea Regulators Deny Rumors of Extra KOSDAQ Measures
AI take
The significance here is less about KOSDAQ policy than about information integrity: regulators are pushing back on rumour-driven trading before it can move a small-cap-heavy market. The warning that rumour-spreading may count as unfair trading under the Capital Markets Act signals a willingness to treat online speculation as an enforcement matter, not just a communications annoyance. That affects retail traders and social-media commentators most directly. The open question is whether this public denial is a one-off or the start of a more active posture against market rumours ahead of sensitive policy periods.
Generated by AI for reference only.
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