• SK FSS said it will dispel investors' distrust in short selling by expanding investigations on unfair short selling transactions, active inspection of malicious naked short selling.
• Follows SK FSC December 2020 updated passage of bill re illegal short selling.

Measures

• Will strengthen inspections to ensure that short selling is not abused, promptly respond when abnormal transaction is detected, continue unfair trade investigations.
• Will focus on names with increased volatility for inspections, and check the presence of naked short selling through various investigation techniques accumulated so far.
• Requested financial companies in the Korean capital markets to thoroughly manage their system and provide training to prevent the recurrence of short selling violations.