South Korea extends short-selling stock ban until March 2022 to refine illicit trading control.
South Korea has extended its ban on short-selling stocks until at least March 2022 to refine a system to control illicit trading practices. The Financial Services Commission is developing an electronic monitoring platform to detect naked-short sales and will strengthen penalties for illicit trading. The short-selling ban has been criticized by global investors for reducing market transparency.
June 12, 2024
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