The Korea Financial Services Commission issued a statement saying that as a measure to improve the independence and credibility of brokers' research, South Korea's financial authorities will allow analysts to omit names in research reports containing sales suggestions. Analysts can choose whether to disclose names when issuing sales proposals, but prior approval from the brokerage compliance officer is required. The brokerage will be required to keep internal records, including the name of the author of the report and details of the approval process. The Korea Financial Services Commission said that domestic brokerage firms issued less than 1% of sales proposals, and plans to take steps to reduce excessive reliance on buying ratings.

The Korea Financial Services Commission issued a statement saying that as a measure to improve the independence and credibility of brokers' research, South Korea's financial authorities will allow analysts to omit names in research reports containing sales suggestions. Analysts can choose whether to disclose names when issuing sales proposals, but prior approval from the brokerage compliance officer is required. The brokerage will be required to keep internal records, including the name of the author of the report and details of the approval process. The Korea Financial Services Commission said that domestic brokerage firms issued less than 1% of sales proposals, and plans to take steps to reduce excessive reliance on buying ratings.