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A defendant shall be punished by imprisonment for one year.
Reasons
Punishment of the crime
The Defendant installed a computer, etc. to enable securities transactions in Daegu Suwon-gu D main room 203. The Defendant decided to manipulate the share price of the (PP) SCF using the securities account opened in the name of the Defendant, F, G, H, I, etc., along with E employed by the Defendant.
1. No one shall mislead any person to cause a misunderstanding that the trading of listed securities is booming of active trading, or make a false representation in trading, other than acts for transfer of rights, with an intention to mislead any third person into making a wrong judgment;
On March 24, 2011, the Defendant submitted an order to purchase KRW 559 per share of the said company’s shares with the account opened at the Daegu Branch of the principal guarantee right, and issued an order to sell KRW 559 per share of the said company’s shares to the account under the name of J established at the Daegu Center of the principal security at the same place 09:11:30 on the same day, and made an order to sell KRW 559 per share of the said company’s shares to the account under the name of J established at the Daegu Center of the principal security at the same place, and concluded an order to purchase and sell KRW 59 per share of the said company’s shares to the effect that the purchase and sale contract for KRW 59 per share was concluded from that time to August 11, 2011, as shown in attached Form 1,139, supra.
Accordingly, the Defendant made a stock transaction to induce many people to participate in the investment of the said company’s stocks by taking advantage of the wrong perception that the said company’s stock transaction is active and the share price increases.
2. No one shall trade securities with a misleading appearance of active trading or cause a fluctuation in the market price, with an intention to attract anyone to trade securities listed on the market;
A. On March 24, 2011, the Defendant’s order involving Si/Gun-type intervention is an account under the name of J established in the Daegu Center of Russs Securities at the above studio on March 24, 201, and the expected price of the shares of the said company is 569 won.