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The Financial Services Commission of Korea and the Financial Supervisory Service issued a statement saying that the news circulating on the Internet and social media that additional KOSDAQ control measures will be introduced on November 13 is completely untrue. Dissemination of unfounded rumors may violate the Capital Markets Law and constitute unfair trade. Once the violation is verified, it will be dealt with strictly. Regulators urge investors not to make investment decisions based on unverified rumours. Please refer to official announcements for policy information. Note: Following the regulator's statement, the decline in the KOSDAQ index widened further.
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The Financial Services Commission of Korea and the Financial Supervisory Service issued a statement saying that the news circulating on the Internet and social media that additional KOSDAQ control measures will be introduced on November 13 is completely untrue. Dissemination of unfounded rumors may violate the Capital Markets Law and constitute unfair trade. Once the violation is verified, it will be dealt with strictly. Regulators urge investors not to make investment decisions based on unverified rumours. Please refer to official announcements for policy information. Note: Following the regulator's statement, the decline in the KOSDAQ index widened further.
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