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TITLE Supreme Court Decision 2011Do15056 Decided July 11, 2013 ¡¼Violation of the Securities and Exchange Act¡½ [full Text]
Summary
[1] The meaning of ¡°pre-agreed trading¡± as stock price manipulation under Article 188-4(1)1 and (1)2 of the former Securities and Exchange Act; and whether the conduct of trading at the same period and price among the accounts that a single person manages upon delegation by different accounting subjects, constitutes a pre-agreed trading (affirmative)
[2] The meaning of ¡°profit from breach¡± under Articles 207-2, 214 of the former Securities and Exchange Act, and the method for its computation
[3] Whether ¡°profit from breach¡± in Articles 207-2, 214 of the former Securities and Exchange Act includes both realized and unrealized profit (affirmative), and the method to determine ¡°unrealized profit¡±
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