Mirae Asset Securities Union Criticizes Financial Watchdog: "Intensive Inspections Disrupt Work"
Financial Supervisory Service's Investigation Underway Over SpaceX Zero-Share Allocation Controversy
The labor union of Mirae Asset Securities has claimed that repeated inspections by the Financial Supervisory Service (FSS) have caused disruptions to work, and infringed on the rights and interests of the company's employees and executives.
On September 16, the Mirae Asset Securities labor union issued an official statement, expressing "serious concerns over the FSS's prolonged and intensive investigations, as well as excessive investigative methods."
It is reportedly under investigation by the FSS whether any illegal activities occurred during the SpaceX public offering process at Mirae Asset Securities, including encouraging registration as professional investors amid controversy over the allocation of zero shares.
The union explained, "From June 5 to July 16 this year, the Financial Supervisory Service conducted a high-intensity audit for about 40 days, which led to employees experiencing disruptions to normal work, including a delay in the scheduled relocation of our office from Yeouido to Center One."
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The union added, "Starting on September 14, the FSS has begun another investigation on the 16th floor of Center One East Wing. In this process, around 150 employees from branch offices nationwide have been called to Seoul, resulting in canceled appointments with clients and absence from field operations."
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