On 18 December 2024, Bloomberg reported that the FSC has fined barclays Plc and Citigroup, Inc. for naked short selling.

• Barclays was fined 13.7 billion won ($9.5 million)
• Citi was fined 4.7 billion won ($3.2 million) by the Securities and Futures Commission
• Short selling is banned in S Korea through 30 June 2025