Results for: Regulatory Oversight

Amidst the recent volatility in the Indian stock market, a plea has been filed before the Supreme Court demanding an inquiry into the significant crash observed on June 4. The petition seeks accountability from the government and regulatory bodies, highlighting concerns about the impact on investors and the adequacy of regulatory mechanisms. The plea draws attention to the sharp market downturn following the announcement of the Lok Sabha election results, raising questions about the regulatory oversight of the market.

Paju City Mayor Kim Kyung-il has expressed concerns about the potential for prostitution at the upcoming “2024 KFX The Fashion” adult festival, leading to its cancellation in his city. The festival, initially scheduled for Suwon, has faced opposition and cancellations at alternative venues due to concerns raised by Mayor Kim and others. Lawmaker Cheon Ha-ram of the New Reform Party has questioned the selective enforcement of laws, arguing that other establishments with similar potential for illicit activities remain open. The debate over the festival highlights broader societal concerns regarding morality, legality, and cultural expression.