 |
[Alpha Biz=(Chicago) Reporter Paul Lee] The Fair Trade Commission has launched an on-site investigation into allegations, including collusion in commission fees for securities firms. Following the investigation into the collusion of loan interest rates and commission fees at commercial banks and the collusion of insurance companies to pay insurance premiums, securities firms also investigated.
According to the financial industry on the 20th, the FTC sent investigators to five securities firms, including Meritz, KB, Samsung, NH Investment and Kiwoom Securities, and the Korea Financial Investment Association to conduct an on-site investigation earlier in the day.
Investigators are known to be looking at the overall work, including whether the securities firms colluded with various fees, including domestic and foreign stock trading fees. As securities firms also carry out credit services such as credit transactions and securities mortgage loans, there is a possibility that investigations may be conducted into alleged collusion in loan interest rates. However, an FTC official said, "We cannot comment on the investigation and contents of individual investigation cases."
Last month, it also conducted an on-site survey of non-life insurance companies and non-life insurance associations, including Hyundai Marine & Fire Insurance and DB Damage Insurance. It is known to look into whether they colluded with each other in relation to the payment of cataract insurance.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
