South Korea regulator to investigate potential 'unfair selling' by Deutsche
The Financial Supervisory Service (FSS), the market watchdog in South Korea, has announced it is to investigate potential unfair selling by Deutsche Bank on November 11 after record sales pushed the benchmark Korean Composite Stock Price Index (Kospi) down by almost 3%, with most of the drop happening in the last 30 minutes of trading.
The day of trading saw a total net sale of W1.34 trillion of shares. In a statement on November 12, the FSS announced a joint investigation with Korea Exchange
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