This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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[Alpha Biz=(Chicago) Reporter Kim Jisun] The Financial Supervisory Service will promote the improvement of the interest rate on securities firms' credit loans, deposit fee rates, and stock loan fee rates.
The Financial Supervisory Service announced on the 20th that it was launched with 14 securities firms and the Korea Financial Investment Association to form an TF’ to improve the practice of interest rates and fees for securities firms.
Through the TF, the FSS will come up with ways to enhance investor rights, including investor exploration rights and bargaining power, by allowing interest rates and commission rates to be applied more reasonably.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
