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South Korea is considering changes to its short-selling rules and will extend the ban on short selling until March 2025. The government and ruling party plan to increase fines and punishment for illegal short selling, with the ban set to stay through March next year. Regulators have decided to keep the ban in place until March 30, 2025, while they determine appropriate penalties for engaging in such activities.
South Korea is extending a ban on stock short selling through March 30th next year and is threatening life in jail for naked short selling: (Bloomberg) 🇰🇷
BREAKING: South Korea is extending a ban on stock short selling through March 30 next year and is threatening life in jail for naked short selling, per Bloomberg.
South Korean authorities have extended a ban on short selling that critics say makes the country's stock market less attractive to global investors. Here's what you need to know https://t.co/PFIgJPqR5w
