South Korea – FSC Tightens Short-Selling Rules

South Korea – FSC Tightens Short-Selling Rules

On 13 March 2020, SK FSC imposed a ban on stock short-selling in the KOSPI, KOSDAQ and KONEX markets for a period of six months starting from 16 March to 15 September 2020.

  • During the period, current limits on stock buybacks will be lifted for listed companies.
  • Minimum requirement for collateral coverage ratio for stock companies will be lifted.