Defendant

A and B Imprisonment for six months, and each of the defendants C and D shall be punished by imprisonment for ten months.

except that this judgment.

Punishment of the crime

Defendant

A was sentenced to a suspended sentence of one year and six months for a violation of the Financial Investment Services and Capital Markets Act at the Seoul High Court on May 22, 2015, and the judgment was finalized on October 15 of the same year. On September 23, 2015, the Seoul Southern District Court sentenced a suspended sentence of one year for a violation of the Financial Investment Services and Capital Markets Act at the Seoul Southern District Court's imprisonment with labor for a violation of the Financial Investment Services and Capital Markets Act, and the judgment was finalized on October 1 of the same year.

Defendants are brokers to arrange the purchase and sale of shares.

Defendant

A around March 2012, in order to sell a large volume of stocks of an institution block (over-time large-scale large-scale trading) from L, which he/she became aware of in the course of operating K market at a store in Gangnam-gu Seoul (hereinafter referred to as "Seoul") by telephone, and sell stocks of a stock company M (hereinafter referred to as "M") in a stable manner, and in order to prevent a large quantity of stocks from a large quantity of stocks sold at a discount rate for the time of off-time trading through a securities company at a time in order to prevent a large quantity of stocks from a large quantity of stocks market, it is called a block with a large quantity of stocks sold at a single block.

Trading is being made by prior reporting to the K-Block system provided by the Korean Exchange.

Upon request, Defendant B asked Defendant B, who is aware that the securities company or financial institution needs connection in order to success in the block for at least 10 years, was working in N, and that “M major shareholder-related shares are at least 10 million weeks, and that it is difficult to find out the block with an institutional fund or asset management company.”

Defendant

Upon A’s request, Defendant B, a securities company known to the general public, accepted the A’s ship’s receipt of the A’s ship.

In order to avoid block of M shares, the Defendant C asked to identify the securities company, asset management company, etc. with which M shares can be covered by block, and the Defendant C knew of the mediation of stock trading.