South Korea finds illegal stock short sales by seven more banks By Reuters

From Investing.com: 2024-05-05 23:05:09

South Korea’s market watchdog found breaches of short-selling rules by seven more banks, totaling 211.2 billion won. Credit Suisse AG faces potential 50 billion won fines. South Korea has a ban on “naked” short selling. The FSS is cooperating with Hong Kong on the investigation. The short-selling ban will remain until adequate measures are in place.



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