Korean Financial Regulator Chief: About 100 Stocks Targeted in Naked Short Selling, Indicating Pervasive Illegality
In response to criticism suggesting that the ban on short selling implemented on Nov. 6 is a “political decision” aimed at next year’s general election, Lee Bok-hyun, the head of the Financial Supervisory Service (FSS), directly refuted the claims, stating, “About 100 stocks were identified as targets for naked short selling.” He said that it Read more about Korean Financial Regulator Chief: About 100 Stocks Targeted in Naked Short Selling, Indicating Pervasive Illegality[…]