KOFIA (2019 Comp & Legal)
The Korean Financial Investment Association (KOFIA) is a non-profit organization founded under the Financial Investment Services and Capital Market Act in 2009, ensuring that members follow fair business practices, the fair trading of securities, and investor protection. All securities, asset management, and futures firms in Korea are KOFIA members and are subject to KOFIA’s self-regulatory policies. KOFIA is also responsible for fostering and training market professionals through its educational arm, the Korea Institute of Financial Investment. In addition, KOFIA is an important advocate for the financial investment industry, spearheading the development and globalization of the Korean capital market.