Korea Joongang Daily
Korea JoongAng Daily

FSS to stop illegal short selling through new detection system

Korea’s financial watchdog is developing a monitoring system designed to detect illegal stock short selling in an attempt to root out the practice.

2024-04-25

Two investment banks to face penalties for $40 million worth of illegal short selling

Korea’s financial watchdog reported new cases of naked short selling by two additional global investment banks worth 54 billion won ($42 million).

2024-01-15

HSBC, BNP Paribas may face criminal charges over short selling

BNP Paribas and HSBC may face criminal charges in Korea for the naked short selling they allegedly conducted in the country as FSS seeks to impose the heaviest penalty possible.

2023-10-17