Watchdog Says Bankers Misrepresented Risky China-Linked Note

Watchdog Says Bankers Misrepresented Risky China-Linked Notes to Korean Retirees

(Bloomberg) -- South Korea’s financial watchdog said it found a range of instances where some of the country’s largest brokers misrepresented risky China-linked structured products to retail investors, many of whom are retirees.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsOne of the Most Infamous Trades on Wall Street Is Roaring BackSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsBond Investors Are Lining Up to Fund the War Against PutinAn investiga

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