bearish

Big Fines on Foreign Investment Banks for Naked Short Selling in Korea - Implications

1.2k Views07 May 2024 20:59
The FSS mentioned it has uncovered 211 billion won of naked short sales by Credit Suisse and 8 other global banks of Korea-listed stocks between 2021 and 2023.
What is covered in the Full Insight:
  • Introduction to problem
  • Details of fines imposed
  • Projected ban on short selling
  • Introduction of NSDS system
  • Summary and implications
SUMMARY
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