Yonhap Infomax NewsJan 19
South Korean retail investors were rattled by rumors of forced government liquidation of overseas stocks, but securities firms clarified that contract clauses refer to foreign—not domestic—regulations, and authorities confirmed no plans for emergency asset controls.
#YonhapInfomax
#MiraeAssetSecurities #ForeignExchangeTransactionsAct #OverseasStocks #ForcedSale #ExchangeRate
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=100549
[Securities Industry Tidbits]'Forced Sale of My Overseas Stocks Due to Regulations?'—The Truth Behind the Rumor

South Korean retail investors were rattled by rumors of forced government liquidation of overseas stocks, but securities firms clarified that contract clauses refer to foreign—not domestic—regulations, and authorities confirmed no plans for emergency asset controls.

Yonhap Infomax
eicker.news ᳇ tech newsSep 16, 2024
»#TikTok is about to get its day in court: The #JusticeDepartment’s legal case for a #forcedsale includes classified evidence no one can see.« https://www.theverge.com/2024/9/14/24243794/tiktok-ban-bytedance-court-oral-arguments-lawsuit-explainer?eicker.news #tech #media
TikTok oral arguments will weigh security risks against free speech

The Justice Department’s legal case for a ban includes classified evidence no one can see.

The Verge
ErosBlog Bacchus has moved!Apr 23, 2024

My thoughts on the TikTok ban and/or forced sale:

The national security argument is entirely fake. Or it does not go far enough, take your pick. Anybody who thinks that the patriotism of American billionaires protects the US national interest is entirely deluded; which means there's zero difference, in terms of threat, between TikTok or Twitter Or Meta's various properties.

1/4

#TikTok #Ban #Sale #ForcedSale #NatSec #NationalSecurity #Billionaires #Oligarchs #AncientLiches