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South Korean prosecutors raid seven brokerage firms on insider trading allegations

( April 27, 2015, 07:44 GMT | Insight) -- The Seoul Southern District Prosecutors' Office raided seven brokerage firms to investigate insider trading allegations, Yonhap News Agency reported. I'M Investment & Securities, Kiwoom Securities and five other firms were raided by prosecutors, who sa...The Seoul Southern District Prosecutors’ Office raided seven brokerage firms to investigate insider trading allegations, Yonhap News Agency reported. I’M Investment & Securities, Kiwoom Securities and five other firms were raided by prosecutors, who said that they have discovered evidence that proves the allegations that the companies shared insider information with a fund manager working for an asset management company....

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