S Korea – FSC Short Selling Exceptions

S Korea – FSC Short Selling Exceptions

On 15 April 2021, SK FSC chairman Eun Sung-soo met with securities companies and spoke on preparatory measures for partial resumption of stock short-selling on 3 May 2021.

  • SK GVT has been operating a response team to root out illegal and unfair marketing or advising practices in markets, prevent inappropriate activities, improve regulations.
  • Of four regulatory improvement measures previously announced, stronger penalties on illegal short-selling activities, improved rules for market makers, are already effective.
  • Two remaining measures, including setting up an illegal short-selling detection system and expanding opportunities for retail investors, will also become effective soon.
  • For retail investors, pre-learning and mock investment system will be ready on 20 April 2021.