KB Securities, NH Investment Hit as Korea Fines 10 Brokerages â‚©1.38 Trillion Over Treasury Bond Bid Rigging
KB Securities, NH Investment & Securities and Mirae Asset Securities top the list of 10 South Korean brokerages fined a combined â‚©1.376 trillion (about $1 billion) by the Korea Fair Trade Commission (KFTC) for colluding in government bond auctions. Including five banks, the total penalty reaches â‚©1.6266 trillion,