Revisions to Capital Market Act and Approval for ETF and ETN Trading
The Financial Services Commission has announced proposed revisions to the Capital Market Act, which include formalizing the fractional investment issuance platform and allowing trading of Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) in the Alternative Trading System (ATS). These amendments will exempt ATS from capital adequacy regulations and establish capital requirements for the fractional investment platform, transitioning it from a regulatory sandbox to a formal system. Furthermore, due diligence will be mandatory in the IPO market for lead and underwriting companies, tightening conditions and assessments for reverse listings to enhance transparency in the public offering process.
Adjustments to bond trading regulations are also underway, planning to raise the limit for over-the-counter bond transactions for general investors from 50 billion won to 100 billion won. This move is seen as a measure to protect investors and ensure market liquidity. Such efforts are expected to offer more opportunities to investors and improve market reliability. Additionally, regulations to prevent conflicts of interest in securities issuance and distribution are also on the agenda.
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Trade ETFs on Alternative Trading System… Fractional Investments to be Institutionalized - Money TodayFrom March, the Alternative Trading System (ATS) will allow trading of ETFs (Exchange-Traded Funds) and ETNs (Exchange-Traded Notes). The fractional investment issuance platform, currently operating in a sandbox, will be incorporated into the official system. On the 3rd, the Financial Services Commission announced amendments to the Enforcement Decree and Enforcement Rules of the Capital Markets Act, regulations on financial investment business, and regulations on the issuance and disclosure of securities. The public notice period for the legislation is until the 17th of next month, ...
Financial Services Commission to Institutionalize Fractional Investment... ETF and ETN Trading Allowed on Alternative Exchanges from June - E-TodayThe Financial Services Commission is pushing for the institutionalization of fractional investment and will allow trading of ETFs and ETNs on the Alternative Trading System (ATS) launching next month, among other capital measures.
Financial Services Commission “Institutionalizing Fractional Investment” ETFs to be Traded on Alternative Trading Systems - Financial NewsThe financial authorities are stepping up efforts to promote fractional investment, which involves liquidating underlying assets such as real estate and selling them to general investors. They have incorporated the platform for issuing securities of fractional investment, currently operating under a sandbox (regulatory waiver), into the institutional framework. Additionally, in the alternative trading system (ATS) launching next month, it will be listed...
Alternative Trading System (ATS) to Allow ETF Trading from June... Platform for Fractional Investment Institutionalized - Yonhap InfomaxStarting in June, the Alternative Trading System (ATS) will allow trading of Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs). A platform for issuing securities of fractional investments, which monetize art, Korean beef, real estate, intellectual property, etc., for retail investors, will also be officially institutionalized. The Financial Services Commission announced on the 3rd that it plans to amend the Enforcement Decree and rules of the Capital Markets Act, the regulations on financial investment business, and the regulations on the issuance and disclosure of securities. According to the revised plan, trading of ETFs and ETNs will be enabled on the ATS set to launch next month. When investors trade leverage or inverse ETFs/ETNs directly, they engage in complex financial transactions.
Fractional Investment Securities Issuance Platform Institutionalized... ETF Trading Possible on Alternative Exchanges - Yonhap News(Seoul = Yonhap News) Reporter Lee Yul: A fractional investment securities issuance platform that liquidates and sells art, Korean beef, real estate, intellectual property rights, etc. to general investors is being institutionalized...
Financial Services Commission: 'Trading ETFs on ATS Possible from June... Institutionalizing Fractional Investment Issuance Platform' - Seoul Economic DailySecurities > Domestic Stock Market News: The Financial Services Commission plans to allow trading of ETFs and ETNs on the Alternative Trading System (ATS), set to be launched in March, through regulatory...
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FSC Allows ETF Trading on ATS from June, Institutionalizing Fragmented Investment Sandbox - NewsPim[Seoul=NewsPim] Reporter Songmu Chae = As the Financial Services Commission announced amendments to the Enforcement Decree and Rules of the Capital Markets Act, and regulations on financial investment business, and issuance and disclosure of securities (hereinafter referred to as 'Prospectus'), the platform for issuing and securitizing fragmented investment securities currently operated as a sandbox is being institutionalized.