Sat, Jul 18, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices: Korea extends ban on covered short-sales
Wednesday, June 19, 2024

amb
By Kang Dong-wook, Chris Kim and Ugu Choi from Bae, Kim & Lee LLC, a law firm in Korea.

On June 13, 2024, the Financial Services Commission (FSC) extended the temporary complete ban on covered short sales of KRX-listed stocks until March 30, 2025. This ban, which initially commenced on November 6, 2023, was originally set to expire on June 30, 2024.

On the same day, the FSC announced various measures aimed at preventing naked short sales and creating a level playing field for institutional and retail investors.

Highlighting that large-scale naked short sales have been repeatedly detected despite previous short sale reforms, the FSC emphasised the need for strict regulation of short sales and fair treatment for both the institutional and retail investors, given the high retail participation in Korean capital markets.

These new measures announced by the FSC require amendments to the Financial Investment Services and Capital Markets Act of Korea (FSCMA) and its subordinate decrees and regulations. The FSC plans to finalise the necessary amendments by the end of this year and implement the new measures by the end of March 2025.

KEY TAKEAWAYS

• Covered short sales of KRX-listed stocks will continue to be banned until March 30, 2025.

• Any institutional investor (including offshore investors) engaged in short sale trades of KRX-listed stocks exceeding certain thresholds will be required to establish a computerized internal......................

To view our full article Click here
Article link
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m

Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. TOMS
  2. CIFC
  3. Hedge Funds Returns
  4. Voleon
  5. Apollo Credit
  1. mortgage fund
  2. kenmar
  3. fund manager
  4. redemptions
  5. nestle