자본시장과금융투자업에관한법률위반
A defendant shall be punished by a fine of 10 million won.
Where the defendant fails to pay the above fine, one hundred thousand won shall be paid.
Punishment of the crime
1. Market price manipulation;
A. All the defendants are professional investors from August 24, 2009 to professional investors.
9. Until December 28, 2100, a stock-linked fund (Equi-Linked Far, hereinafter “ELF”) that incorporates seven goods into an operating asset, including (i) Nos. 1227, 1239, 1246, and 1248; (ii) No. 298; (iii) No. 215; and (iv) Korea-Invested Securities No. 1346; and (iv) a stock-linked fund that incorporates seven goods into an operating asset, including (v) No. 1227, 1239, 1246, and 1248; and (iv) No. 1346.
피고인이 보유한 위 ELS들은 모두 만기 3년의 원금비보장형으로 기초자산의 주가가 6개월 주기 조기상환 평가일에 사전에 설정한 기준가격(최초 기준가격의 90~80%) 이상이면 원금 및 약정 수익금을 지급받을 수 있으나, 조기상환 평가일에 위 기준가격에 이르지 못하면 만기일까지 낙인(Knock-in Barrier, 줄여서 ‘KI’라고도 함)가격(최초 기준가격의 55%) 이상이 계속 유지되거나 만기일에 사전에 설정한 기준가격(최초 기준가격의 70%) 이상이어야만 원금 및 약정 수익금을 지급받는 ‘스텝다운’ 방식이었기 때문에, 한 번이라도 참좋은레져㈜ 주가가 낙인가격 미만으로 하락하여 낙인이 발생하게 되면 만기일에 기초자산의 주가가 최초 기준가격의 70% 미만으로 하락하는 경우 피고인으로서는 원금손실을 볼 수밖에 없었다.
Therefore, from the defendant's standpoint, it was a favorable situation in which the price of the dispute resolution company continues to maintain the price higher than the price of the ls until the maturity date of the above ls, and preventing the stigator was a favorable situation to avoid loss of the investment principal and to acquire the agreed profit.
However, on May 7, 2010, the lower limit of the share price is recorded, and the first price is from 5,550 to 4,950 won, and the second price is from 5,550 won, and the second price is 1246 new securities (the lower price is 5,005 won) and 1248 (the lower price is 5,181 won) among the seven ESs held by the defendant.