In connection with the suspension of redemption of the Lime Asset Management Private Equity Fund, the Financial Supervisory Service issued a warning of reprimand or severe disciplinary action for suspension of work to former and current CEOs of the selling securities company.
Some of the business suspensions and fines were decided for Shinhan Investment and KB Securities, which are brokerage firms sold, while Daeshin Securities decided to close the Banpo Center where Lime Fund was sold on a large scale and impose fines.
Former and current CEOs of a sales brokerage company who worked during the Lime crisis were subject to severe disciplinary action that would limit employment in the financial sector in the future.
However, this decision is finalized only after a resolution by the Securities and Futures Commission and the Financial Services Commission.