Finance
South Korea watchdog moves to tighten disclosure of fees for brokers\' paid stock information services
South Korea\'s Financial Supervisory Service plans to improve how securities firms disclose fees for paid stock information services after fee income reached 67.1 billion won last year. The watchdog said 12 brokerages run such services for 103,000 customers. It will require regular disclosures after sign-up and ban automatic conversion to paid service after free trials without explicit consent. The FSS aims to complete improvements by the first quarter of 2027.
