The FSS' latest investigation revealed that losses from HSCEI-linked ELS this year could reach KRW 5.8 trillion (US$4.4 billion).
South Korean financial regulators' latest investigation showed they had discovered evidence of mis-selling of equity-linked securities (ELS) linked to the Hang Seng China Enterprise Index (HSCEI), products that had previously caused investor losses. Elderly investors with poor hearing were asked to respond that they ‘understood’ the product details, and investment propensity was raised on behalf of investors who had difficulty visiting branches In a results release on M
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