South Korean President Lee Jae-myung visited the Korea Exchange on 11 June, setting out an agenda to reinforce confidence in the nation’s capital markets less than a week after taking office. Lee said his administration will introduce a “one strike” rule under which any instance of stock manipulation or other unfair trading will trigger immediate and severe penalties, including full confiscation of illicit gains. He directed the exchange to expand investigative staff and upgrade surveillance systems to detect misconduct more rapidly. The president also signaled a broader capital-markets push, announcing that the government is preparing tax and regulatory changes to encourage higher corporate dividends and position equity investment as a viable alternative to real-estate holdings. Further details are to be drafted with fiscal and market regulators in the coming months.