There are futures, options as derivatives in our capital-market including KOSPI200 futures and options. Unfortunately linked-manipulations between stock tradings and derivatives tradings happen too often. It is able to distinguish linked-manipulations from faked-normal stock tradings using some criterias ; real purposes of tradings, rationals manners or not, the scales of profits. These acts of unfair trades are increasing in our capital market and especially the occurrences of new type of unfair trades cast attentions on same fields for example manipulations disguising hedge in option trades etc. Crimes in manipulations fields are developing without halts. In order to cope with its revolutions, we should make clear standards to distinguish linked-manipulations from faked-normal stock-tradings by searching same case studies.

Ⅰ. 사건 개관
  1. 범죄사실 개요
  2. 피고인의 변소 요지와 1심 선고형량
 Ⅱ. 차익거래와 옵션투자의 기본 이해
  1. 선물과 옵션
  2. 코스피200 선물과 코스피200 옵션
  3. 매수차익거래와 매도차익거래
 Ⅲ. 연계시세조종의 구성요건과 형사책임
  1. 개요
  2. 형사책임
 Ⅳ. 본건 사실관계의 정리
  1. 사건 이해의 전제
 Ⅴ. 사안의 쟁점 : 특히 연계시세조종의 판단기준
  1. 서설
  2. 기능적 행위지배와 공모관계의 인정
  3. 연계시세조종의 판단기준
 Ⅵ. 마무리하며
 [참고문헌]
 [Abstract]

• 김영기(전주지방검찰청 남원지청장(부장검사), 한국거래소(KRX) 법률자문관 파견 역임, Senior Prosecutor of Branch in Namwon, Jeonju District Prosecutor's Office.) | Kim, Young-Ki