In
Anti-manipulation Regime in Korea: a Critique and Comparative Exploration, Min-woo Kang provides a comprehensive and critical discussion of the market manipulation regime in Korea, together with a comparative analysis of the corresponding legislations and regulations in major jurisdictions, such as the US and the EU. Particular emphasis is placed on the critiques of the current legal system and suggestions for improvement in some important aspects, which include, inter alia, reforms of the two-tiered hierarchical system in law enforcement that heavily relies on criminal sanctions and the regime of algorithmic and high-frequency trading that is void of statute regulation. Based on an array of legal materials and thorough analysis of legislation and precedent, the author has convincingly argued for amending the Korean law considerably. Certainly, regulators, academics and practitioners interested in Korean capital market regulations will likely find this as a good reference.
Min-woo Kang, CFA, FRM, MSc (LSE), Ph.D. (Korea), is a senior fellow at Korea University School of Law (Financial Law Centre). He has published many articles on financial law and regulations, including
Inside insider trading regulation: a comparative analysis of the EU and US regimes (OUP, 2023).
Contents
Abstract Keywords 1 Introduction
2 The Nature and Scope of Market Manipulation
3 Regulatory Frameworks across Jurisdictions
4 Issues Analysis and Suggestions for Improvement
5 Concluding Remarks
Bibliography
All serious securities regulators, practitioners, and academics (plus law school students) with an interest in the Korean capital market and business.