Regulatory Alerts2024-06-13 | 82465Added · Updated
Short Sale Ban Extended Until March 30, 2025
The Financial Services Commission has extended the ban on short selling in domestic stock markets until March 30, 2025, following investigations into illegal naked short sale activities totaling KRW211.2 billion. This extension aims to prevent the recurrence of large-scale illegal trading while authorities develop a fully electronic processing system and a Naked Short-selling Detection System by the deadline. Covered short selling by market makers and liquidity providers remains permitted under the current regulations.
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market-abuse
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