earticle

영어

Recently, a number of actions involved securities recommendation brought by damaged customers against their securities professionals in Korea.
this paper fundamentally starts with classifying investors between specialist investors and non-specialist investors. The former financial market related laws did not reflect differences of respective investors' trade purpose, financial needs, and market experience well. Investor damaged from the breach of explanation or suitability duties by promotes on account of inefficience in the private action scheme of the Act. It explains that some sanctions are necessary to imposed on broker-dealrs to breach their explanation or suitability duties only within the high risk products like futures and option and the investment fund that investor differs from beneficiary.
This paper proposes some preventive measures about illegal securities investment recommendations. concretely, it estimates the Capital Market and Financial Investment Act and suggests that broker-dealer must have a compliance program to keep the duty to fair dealing for itself. Finally it presents the appropriate ways to protect investors who participate in securities market. deals with regulation of investment solicitation.
For the development of securities market, it is very important to secure the investors' trust because the investors do not just invest their money but do their future and hope.