The Korea Herald

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Correction of the article ‘FSC staff opposed chief on Lone Star ruling’

By Korea Herald

Published : Feb. 2, 2012 - 16:47

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On the first page in its Nov. 30, 2011 edition, The Korea Herald, citing financial sources, reported that Financial Services Commission (FSC) chief Kim Seok-dong pushed ahead with the decision to impose a “mild sanction” on Lone Star Funds despite some working-level officials’ resistance.

But it was not confirmed that FSC chief Kim pushed ahead with the decision and that there was resistance from working-level officials. We hereby correct the article.

This correction was mediated by The Press Arbitration Commission.