Special Judicial Police launched for Investigation of Unfair Trading Activities in Capital MarketsJul 18, 2019

A special judicial police squad for investigation of unfair trading activities in capital markets was launched on July 18, 2019. The newly-created squad comprises 16 special judicial police officers - one FSC public official and 15 FSS employees, designated by the chief prosecutor of the Seoul Southern District Prosecutors’ Office on the recommendation by the FSC Chairman.

The special judicial police will handle capital markets unfair trading cases under the command of Seoul Southern District Prosecutors’ Office, among those referred to the Prosecutors’ Office as ‘fast-track’ cases designated by the Chairman of the Securities and Futures Commission (SFC).

In order to ensure due process, the designated special judicial police officer should follow prosecutors’ directions in their overall duties including compulsory investigations. Upon the closure of an investigation, the Prosecutors’ Office will inform SFC Chairman of investigation results.

* Please refer to the attached PDF for details.