Securities Regulation in Korea : Problems and Recommendations for Feasible Reforms

Studies in the area of securities markets and securities regulatory laws are of vital importance to, and greatly demanded by those in business and legal professions in any country. In Korea, however, due to the general scarcity of accessible information and relevant literature, there has, until now, been a total lack of such studies. This book offers a comprehensive study of Securities Regulations of Korea in the context of her rapidly growing economy. The first part of this volume sets forth the historical development of the Korean securities markets and shows how one developing nation, the Republic of Korea, has coped with her capital market promotion problems. The second part discusses the present securities regulatory laws and their problems as compared with those of the United States and Japan. In the last part, recommendations for feasible reforms for the future are presented. Finally, an appendix is attached to update recent development in the Korean securities markets and regulation thereof. Based on extensive research into both business and legal aspects of the Korean securities industry, this volume also provides a comprehensive review of current securities laws and enforcement techniques in Korea as compared with those in the United States and Japan and, as an analytical case study of Korea as a developing nation, furnishes a reference point for other developing nations.