On 31 October 2023, SK FSS announced a plan to create a short selling special investigation team and conduct comprehensive investigations on major global IBs.

• The team will be run from 6 November 2023, be composed of 1 team, 2 units with a total of 20 people with investigation experience in SK FSC, English fluency, IT expertise.
• Investigate domestic short selling transactions by global IBs since partial resumption of short selling in May 2021, inspect whether domestic securities houses that receive orders from global IBs fulfill their custodial duty for short selling orders.
• Closely review the possibility of abuse of short selling by end-clients who are actual short selling investors, while investigating illegal short selling of global IBs.
• Conduct an effective international investigations from 2024 1Q, in collaboration with foreign supervisory authorities including HK SFC and SIN MAS.
• Hold on-site meetings with foreign IBs located overseas in 2024 H1.