On 14 January 2024, SK FSS said that it has identified violations against short selling regulations by two global IBs during investigations on top 10 global IBs, found to have submitted non-leveraged short selling orders worth KRW 54bn for total of five stocks.

• SK FSS will promptly initiate the procedure for disciplinary actions against the two global IBs, conduct investigations into other global IBs, continue to strengthen cooperation with HK SFC to conduct effective illegal short selling investigations.
• Continue to thoroughly investigate illegal activities and take strict actions, in order to restore fairness and confidence in the capital market.