Defendant shall be punished by a fine of KRW 15,000,000.

If the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

Defendant

A served as “E at the Seoul Branch of Mad Sck (hereinafter referred to as “GSKB”) from October 2006 to July 2013, and was in charge of FICC (Fixed Inc.) business against domestic investors; “F” from July 2005 to June 2009, from around 2009 to around 2010 to around 2010 to around 2010 to around 4, 200 to around 2010 to around 4, 200 to around 200 to around 30: (a) the company with the authority to issue off-line Sachs ASA L.C; (b) the company with the general authority to supervise the business of GHK from around July 200 to around 209 to around 2010 to around 4, 2010 to around 20: (c) the company’s general supervision and supervision over the business of GHK’s 207.

1. No person who commits a single crime by a defendant shall engage in financial investment business without obtaining authorization from a meeting of financial members;

Nevertheless, the Defendant, on January 11, 2012, operated an investment brokerage business by selling and purchasing bonds, soliciting its subscription, acceptance of subscription, etc. two times in total, including sale and purchase of bonds, soliciting the subscription, and acceptance of subscription, etc., issued by the Switzerland Bank in Korea, without obtaining authorization from the Federation of the financial members, at the GSK on the 68th floor of Jongno-gu Seoul, Jongno-gu, Seoul, and at the 21st floor of the Heung Life Insurance Building (securities).

Accordingly, the defendant has operated an investment brokerage business with two U.S. monetary bonds of KRW 150 billion.

2. No one shall engage in financial investment business unless he/she obtains authorization from a financial committee member to engage in a financial investment business;

Nevertheless, the Defendant conspireds with F, and on March 12, 2012, from the above GSKB to the Financial Committee.